Chinese OEM Wave (BYD, Nio, Xpeng, Zeekr, Xiaomi SU7)

2024

2024. China-OEM EV wave hits global media. BYD ships 4M+ vehicles. Xiaomi SU7 launches to 88K orders in 24 hours. Nio + Xpeng + Zeekr + Li Auto + Geely Lotus all scale. Western OEMs scramble to respond.