Hyperdrive

Five Things to Watch in China’s EV Market Next Year

A BYD assembly line.
Photographer: Qilai Shen/Bloomberg

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By Danny Lee

December 8, 2025 at 1:15 PM UTC

This article is for subscribers only.

Thanks for reading Hyperdrive, Bloomberg’s newsletter on the future of the auto world.

It’s been another frenetic year in China’s electric vehicle market. Xiaomi continued its stunning rise from smartphone maker to EV darling, while market leader BYD’s runaway growth stalled out.