The company’s success story starts with a strong performance throughout most of 2025. However, they faced some hurdles towards December when cities across China stopped offering vehicle purchase trade-in subsidies mid-November.

Despite these challenges, Geely Auto still managed to sell more than three million vehicles last year. This marks an important milestone for the company and shows their resilience in tough times.

The future looks bright as they set a new goal of selling 3.45 million units next year. That’s a 14% increase from this year, with Zeekr contributing significantly to that target.

Geely Auto also aims for substantial growth in the electric vehicle sector by targeting sales of two-point-two-two million NEVs in 2026—up 32 percent over last year. This shows their commitment towards sustainability and innovation.

In conclusion, while December’s sales numbers may have been lower than expected due to external factors like subsidies ending, Geely Auto still managed an impressive performance for 2025. The company is now looking ahead with ambitious goals and plans to expand its presence in both the traditional automotive market and the electric vehicle sector.

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Kia Australia’s general manager of product planning, Roland Rivero, told Drive that any development on a Tasman SUV depends heavily on the success of its ute. The company aims to hit sales targets but is currently falling short with less than half of expected numbers in Australia alone.

Despite interest from both Kia executives and engineers involved in developing the current model, plans for an SUV version are now put aside until the ute’s performance improves globally. A top engineer behind the Tasman project confirmed that discussions about expanding into other body styles have not been abandoned but are on hold.

Kia’s decision reflects a cautious approach to market demands and financial considerations. The company aims to ensure its existing model is well-received before committing resources towards new versions, which could include an SUV variant in the future if sales improve as expected or better.

Kia’s approach shows a strategic focus on ensuring its current model performs well before expanding into new variants. This cautious stance aims to maximize market acceptance and financial returns for future models like an SUV version of the Tasman.

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The revised sales target reflects an impressive threefold increase over Xiaomi’s delivery volume of 135,000 cars in 2024. This growth is largely attributed to the strong performance of the company’s SU7 sedan and YU7 SUV models. Despite this ambitious expansion plan, Xiaomi remains committed to prioritizing safety and quality as it ramps up production.

Xiaomi’s success has positioned it as a formidable competitor in China’s EV market alongside established players like Tesla, along with other startups such as Leapmotor and Li Auto. The company recently opened an R&D center in Germany, setting the stage for potential European expansion plans. Xiaomi also reported a profit of CNY 700 million (approximately US$98 million) in the third quarter of 2025, reversing from a loss of CNY 300 million in the previous period.

According to internal reports, Xiaomi’s sales growth was driven by a 175% year-over-year increase, delivering 108,796 cars during this period. By the end of October 2025, the company had already delivered 315,376 BEVs in China alone. This rapid rise underscores Xiaomi’s strategic focus on innovation and market expansion.

As Xiaomi continues to scale its production capacity and broaden its geographical reach, it will be interesting to see how this new sales target is achieved while maintaining a strong emphasis on safety standards and product quality. The company’s journey reflects the dynamic landscape of China’s burgeoning EV industry, where technology-driven innovation is key to market leadership.

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