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Story perspectives

Geely and Wuling Surge as EV Market Shifts

3/4/2026

30 4 Full Breakdown

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Story summary
  • In 2025, affordable models from Geely Auto and Wuling Motor Holdings outperformed BYD and Tesla in sales.
  • Analysts predict that rising battery costs and a cooling market will shift consumer preference towards hybrids.
  • At the Indonesian International Motor Show on February 5, 2026, Xpeng showcased its Next P7 model.
  • The head of Xpeng urged faster development of autonomous driving technology due to slowing sales growth in the EV sector.