Chinese Automakers Lead in Zero-Emission Vehicles, Report Finds

Chinese automakers have taken the lead in the zero-emission vehicle market, according to research. The article highlights the growth of electric vehicles in China and the increasing dominance of Chinese automakers in the market. Tesla, Inc. is also mentioned as a major player in the electric vehicle market, with a significant presence in the US, China, and Germany.

Chinese automakers have significantly bolstered their presence in the global electric vehicle (EV) market, according to the latest report from the International Council on Clean Transportation (ICCT). The report, released on June 17, 2025, highlights China's growing dominance in EV sales and the advancements made by Chinese manufacturers [1].

The ICCT report reveals that China-based automakers now account for over 11 million electric vehicles sold annually, accounting for more than half of global EV sales. This growth is attributed to the country's robust EV infrastructure and supportive government policies. Chinese manufacturers occupied the top 5 positions in ZEV class coverage and 5 of 6 top positions for EV sales share, with companies like Geely and SAIC reaching 50% EV sales share, meeting their 2025 targets a year ahead of schedule [1].

Among the key findings, BYD exceeded Tesla in global battery electric vehicle (BEV) sales for the first time in 2024, with a 25% increase in BEV sales and a 47% increase in combined BEV and plug-in hybrid electric vehicle sales compared to 2023. Both companies remain in the "Leaders" category. The report also notes that India-based Tata Motors transitioned from the "laggard" group to the "transitioner" group by introducing new EV models and ramping up battery recycling efforts [1].

The report underscores the importance of manufacturing emissions, with automakers like Mercedes-Benz, BMW, and Volkswagen scoring well on sustainable procurement efforts. Investors increasingly recognize that automakers embracing the EV transition are positioning themselves for long-term market leadership [1].

In a separate development, NIO Inc. announced its commitment to support supply chain stability by accelerating payments to its suppliers. The company aims to honor invoice payments within 60 days, aligning with efforts by regulators to stabilize the country’s automotive ecosystem [2].

Chery, one of China's largest automakers, is set to reach a cumulative total of 5 million car exports later this month, becoming the first Chinese automaker to achieve this milestone. The company exported 100,737 vehicles in May, marking the second month this year with exports exceeding 100,000 units [3][4].

LG Energy Solution, a South Korean battery giant, has signed a battery supply agreement with Chery, marking the first time a South Korean battery maker has signed a cylindrical battery supply contract with a Chinese automaker. The agreement includes a supply of 8 GWh of next-generation 46-series cylindrical batteries over the next six years [3].

These developments indicate a significant shift in the global EV landscape, with Chinese automakers taking the lead and other major players facing pressure to accelerate their transitions. The market is increasingly driven by technological advancements, sustainable practices, and supply chain stability [1][2][3][4].

References:
[1] https://www.prnewswire.com/news-releases/chinese-automakers-gain-ground-in-global-ev-race-as-other-world-leaders-risk-falling-behind-302482214.html
[2] https://www.benzinga.com/markets/asia/25/06/45888676/chinese-automakers-unite-nio-becomes-latest-to-promise-faster-payments
[3] https://cnevpost.com/2025/06/16/chery-to-use-lg-energy-solution-46-series-batteries/
[4] https://cnevpost.com/2025/06/13/chery-export-to-hit-5-million/