# Electric Vehicles
Latest news and articles about Electric Vehicles
Total: 3 articles found
Xiaomi’s YU7 Tops China Retail Rankings in January — A New Challenger to Tesla and Incumbent SUVs
Xiaomi’s YU7 SUV sold 37,869 units in January, claiming the top spot on China’s passenger‑car retail chart and signaling the brand’s growing strength in the EV market. The result reflects Xiaomi’s retail channels and brand pull amid a soft season for car sales and comes as the company prepares for further model updates and possible overseas attention.
Leapmotor Posts 27% Year‑on‑Year Rise in January Deliveries as China EV Demand Shows Early Momentum
Leapmotor delivered 32,059 vehicles in January, a 27% year‑on‑year increase, signaling early‑year demand momentum for the Chinese EV maker. The rise is encouraging for a smaller independent rival, but sustaining growth while protecting margins will be the key challenge amid intense domestic competition.
Tesla’s Turning Point: Profit Plunge and a $20bn Bet on AI as Energy Storage Emerges as the Unexpected Lifeline
Tesla’s 2025 results show a sharp slump in profits and the first annual revenue decline in the company’s history, driven by weaker automotive sales, aggressive price cuts and intensifying competition. Energy storage and services are growing rapidly and provide cash flow, while a $2 billion investment in xAI and continued bets on robotaxis and humanoid robots underpin a high‑risk, high‑reward strategic pivot.