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In the electric vehicle (EV) market, China and the world have seen some significant shifts in January 2025. The Geely Geome Xingyuan soared into second place globally, while maintaining its dominance in China, with a staggering 28,146 units sold, all within the country.
In China, the Geely Geome Xingyuan emerged as the best-selling BEV/PHEV, followed closely by the BYD Seagull, Tesla Model Y, and Hongguang Mini EV. The Geely model's impressive sales of over 200,000 units in the first half of 2025 solidified its position at the top of the sales chart [1]. The BYD Seagull and Tesla Model Y showed strong monthly sales around 30,000 units, maintaining high positions in the rankings [1][4].
On the global stage, the Tesla Model Y retained its position as the best-selling EV, followed by the BYD Song and Tesla Model 3. Tesla's Model Y continued to lead the way, while the Geely Geome Xingyuan made a strong showing mainly within China [3].
Here's a breakdown of the top-selling EVs in China and globally:
Top-Selling EVs in China (January 2025)
| Rank | Model | Notes | |------|---------------------|----------------------------------| | 1 | Geely Geome Xingyuan| Best-selling BEV/PHEV in China | | 2 | BYD Seagull | Strong monthly volume ~30k units | | 3 | Tesla Model Y | Best-selling premium EV segment | | 4 | Hongguang Mini EV | Former EV champion, popular small EV |
Top-Selling EVs Globally (January 2025)
| Rank | Model | Notes | |------|---------------------|----------------------------| | 1 | Tesla Model Y | World's top-selling EV | | 2 | BYD Song (BEV+PHEV) | Strong global presence | | 3 | Tesla Model 3 | High global sales volume |
The Volkswagen ID.4 enjoyed particular success in the US, where it sold 4,879 units, far above the 1,900 sold in Germany. The Wuling Mini claimed fourth place with 24,932 deliveries, up by 60.6% year-on-year. It's worth noting that China accounted for 73.1% of the global PHEV market in January 2025, and made up 53.6% of all-electric sales in the global BEV market [2].
The Tesla Model Y led the global BEV market with 63,615 units sold in January 2025, but saw a 9.6% year-on-year decrease in sales. The Li Auto L6 was seventh in the global PHEV market with 13,990 units sold, while the BYD Qin Plus came fifth with 15,721 sales recorded [2]. The Tesla Model 3 took third place with 26,946 units sold, a 13.2% decrease compared to the previous year [2].
The Aito M9 came ninth in the global PHEV market with 11,483 registrations, and the BYD Song Plus led the global PHEV market with 25,123 deliveries, down 7.2% year on year [2]. The Volkswagen ID.4 took 1.7% of the global BEV market, up from 0.7%. The BYD Song Pro recorded 20,528 deliveries, putting it in second place in the global PHEV market [2].
EV Volumes reported a 21% year-on-year increase in BEV new-car volumes and a 24% increase in PHEV deliveries worldwide in January 2025 [2]. The US had the next highest BEV and PHEV volumes, but was significantly behind China. China led the global EV market in terms of volume in January 2025 [2].
The BYD Qin L finished the month with 16,047 sales, claiming 3.1% of the global PHEV market [2]. The Galaxy Starship 7 finished third in the global PHEV market with 20,328 unit sales, all in China [2].
These rankings reflect sales primarily reported for the first half of 2025 and the early part of the year globally, highlighting China's dominance in the domestic market and Tesla's leadership on the global stage [1][3][4].
[1] EV Volumes
[2] EV Volumes
[3] Electrek
[4] China EV 100
- In the global finance market, the impressive sales of the Geely Geome Xingyuan have highlighted China's significant influence, particularly in the automotive industry.
- The shared dominance of the BYD Seagull and Tesla Model Y in the Chinese electric-vehicle market has emphasized the growing importance of the finance sector in the transportation industry.
- The Tesla Model Y's position as the world's top-selling electric vehicle showcases the interplay between the technology and finance industries in shaping global trends in the automotive sector.
- China's domination of the global PHEV market and Tesla's leadership in the BEV market underscore the interconnectedness of business, finance, and technology in today's lifestyle.
