Welcome to Episode 194 of the China EVs and More podcast! In this episode, hosts Tu Le and Lei Xing wrap up 2024 and share insights into the global EV and mobility sectors. Key topics discussed include:

1.China’s Dominance in the EV Market:

•China’s remarkable sales of nearly 13 million NEVs in 2024, representing a 50% domestic market share.

•The continued decline of foreign automakers in China, including shrinking market shares for Mercedes, Volkswagen, and Porsche.

2.Tesla’s Market Strategies:

•The Model Y’s global success as the best-selling vehicle in 2024 and its dominant position in China.

•The unveiling of Tesla’s updated Model Y (Juniper) and the strategic focus on maintaining competitiveness in the Chinese market.

3.CES 2025 Highlights:

•A strong presence of Chinese companies, with brands like Zeekr, XPeng, and Li Auto showcasing cutting-edge technologies.

•Innovations in LiDAR, smart cockpits, and EV design from companies such as NVIDIA and RoboSense.

4.Policy and Market Trends:

•The impact of US restrictions on Chinese automotive hardware and software.

•China’s government incentives to boost EV adoption, including expanded trade-in policies for older ICE vehicles.

5.Emerging Players and Innovations:

•Xiaomi’s ambitions to scale EV production with its Su-7 model.

•The rise of premium features like Dolby Atmos and Vision in vehicles like the 
Zeekr 009 MPV.

Companies Mentioned

•Tesla

•BYD

•NIO

•XPeng

•Zeekr

•Li Auto

•Volkswagen

•Porsche

•Mercedes-Benz

•Xiaomi

•RoboSense

•NVIDIA

•Huawei

Join Tu and Lei each week for expert insights on the challenges and opportunities shaping the future of global mobility.