After not even a full year of being on sale, Xiaomi's SU7 electric sports sedan is rapidly grabbing Chinese market share.

Xiaomi SU7 outsells Tesla Model 3 in December 2024. Competitive pricing and local appeal are reshaping China’s EV market.

The new Model Y faces stronger competition than ever before, particularly from China's EV makers, analysts say.

Four key themes will emerge in the automotive industry in mainland China this year, including a stronger alliance between ...