China’s electric car boom is expected to slow down in 2025

China’s electric car boom is expected to slow down in 2025


Key Points
  • China’s electric car market is headed for a sharp slowdown in 2025, according to analyst predictions, increasing pressure on companies trying to survive.
  • Strong sales volumes have enabled “strugglers and stragglers” to hang on despite falling margins, Yuqian Ding, head of China autos research at HSBC, said in a report last week.
  • China’s mix of subsidies and consumer purchase incentives have supported the rapid growth of new energy vehicles in recent years.



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