China's EV sales surge in 2024, with major brands reporting significant year-over-year increases.

In November 2024, China's electric vehicle (EV) market saw significant growth, with major brands reporting strong sales. BYD sold 506,800 new energy vehicles, a 67.8% increase year-over-year, while Geely and XPeng saw rises of 27% and 54%, respectively. Li Auto delivered 48,700 vehicles, up 18.8% year-over-year, and Xiaomi's SU7 model reached over 20,000 units in deliveries. The industry's overall output for 2024 exceeded 10 million units, marking a global milestone.

December 01, 2024
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