Inexpensive EVs from Geely and Wuling dominate China EV sales, surpassing Tesla and BYD
Geely’s and Wuling’s sub-100,000 yuan battery EVs ranked first and second in mainland China last year, each selling over 400,000 units
Amid intensifying competition among Chinese electric-vehicle (EV) makers last year, relatively inexpensive models from Geely Auto and Wuling Motor Holdings topped the sales chart, surpassing cars from BYD and Tesla.
In 2025, Geely sold more than 459,000 units of the Xingyuan EV – priced between 68,800 yuan (US$9,960) and 98,800 yuan – versus 52,570 a year earlier, according to a list of the top-selling battery EV models on the mainland compiled by a unit under the state-owned China Automotive Technology and Research Center.
It was followed by Wuling’s Hongguang Mini EV, another sub-100,000 yuan car, whose sales jumped 55 per cent year on year to 427,000 units.
Tesla’s Model Y ranked third, although sales fell nearly 21 per cent year on year to 382,300 units, indicating intense rivalry among EV makers on the mainland. The decline came despite the US car giant releasing several payment schemes to boost sales volumes of the car priced between 260,000 yuan and 310,000 yuan.
BYD’s Seagull, the second-best selling EV in 2024, slid to fourth place in 2025 after sales declined 31 per cent year on year to 307,000 units. The car is priced between 69,800 yuan and 85,800 yuan.
China’s policymakers have repeatedly urged carmakers to stop resorting to discounts amid deflationary pressures, urging companies to shift to alternatives like pricing upgraded models at lower levels and rolling out subsidised purchase schemes with payment periods as long as seven years.