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Stock impact report

China's Late-Year EV Sales Boom Gives Way to Rocky 2025 View [Yahoo! Finance Canada]

Li Auto Inc. - American Depositary Shares (LI) 
Most Read from Bloomberg Industry heavyweight BYD shipped a record 4.27 million EVs and plug-in hybrids last year. Meanwhile, Li Auto Inc. delivered more than 500,000 cars, and Stellantis NV partner Leapmotor doubled sales to more than 293,700. Other popular marques, including Nio Inc. and Xpeng Inc., fell short of their targets despite the end-of-year pick up in demand. Zhejiang Geely Holding Group Co.'s premium electric car brand Zeekr saw sales climb 87% to 222,123 last year, missing its 230,000 goal. The wider Geely auto group, including its namesake brand, delivered 2.18 million cars, up 32% year-on-year. The mixed results signal another year of fierce competition for the world's biggest auto market, which has endured a relentless price war that's seen major manufacturers carve out a bigger share while smaller players are being pushed to the brink. Growing trade tensions with key trading partners like the European Union have hit China's EV exports and the country's top ind Show less Read more
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