CHINA: Xiaomi Offers Discounts, BYD Refreshes Hybrids and China’s EV Roadmap To 2040 | 24 Oct 2025
About this episode
Xiaomi introduces discounts to counteract the end of purchase tax incentives in China, while BYD refreshes its hybrid lineup to enhance competitiveness against rivals. The episode also covers China's ambitious EV roadmap aiming for 85% of new passenger car sales to be electric by 2040. Rivian's CEO discusses insights from tearing down a Xiaomi EV, highlighting the competitive landscape and cost advantages in China. The podcast provides a comprehensive look at the evolving dynamics in China's EV market and the challenges faced by international automakers.
You can read all the latest news on the blog here: https://EVne.ws/blog
Subscribe for free and listen to the podcast on audio platforms:
➤ Apple: https://EVne.ws/apple
➤ YouTube Music: https://EVne.ws/youtubemusic
➤ Spotify: https://EVne.ws/spotify
➤ TuneIn: https://EVne.ws/tunein
➤ iHeart: https://EVne.ws/iheart
XIAOMI OFFERS PURCHASE-TAX PROTECTION FOR DELAYED EV DELIVERIES https://evne.ws/3JeTYeG
BYD REFRESHES THREE DM‑I HYBRID MODELS https://evne.ws/4hpieaq
BYD TANG L DEBUTS INTERNATIONALLY AS ATTO 8 https://evne.ws/4o7rcvz
CHINA ROADMAP: NEVS 85% OF SALES BY 2040 https://evne.ws/3WnzOCe
CHINA EV ADOPTION 2020–2024 https://evne.ws/4nou7z0
EUROPEAN AUTOMAKERS URGE COOPERATION, OPPOSE NEV TARIFFS https://evne.ws/3WnAE1Q
GOTION SUBSIDIARY DROPS $2.4B MICHIGAN PLANT https://evne.ws/49gmDdO
NEXPERIA DISPUTE THREATENS EUROPEAN AUTO OUTPUT https://evne.ws/4o7TV3z
PORSCHE CUTS GUIDANCE AFTER WEAK NINE-MONTH RESULTS https://evne.ws/3L4qTTO
PORSCHE LOWERS GUIDANCE AFTER STRATEGY REALIGNMENT https://evne.ws/49ihfXw
RIVIAN'S TAKE ON THE XIAOMI SU7 https://evne.ws/47DqksK
Xiaomi Su7
"Protection covers the Xiaomi Su7, that's their sedan, the ultra version and the YU7 SUV."
The Xiaomi Su7 is a car made by Xiaomi, which is better known for making smartphones. They are now making electric cars too, and the Su7 is one of their models.
The Xiaomi Su7 is a sedan produced by Xiaomi, a company primarily known for electronics but now venturing into the electric vehicle market. It's part of their strategy to offer competitive EV options in China.
Xiaomi YU7
"...the ultra version and the YU7 SUV. Xiaomi EV will compensate customers the purchase tax subsidy they would..."
The Xiaomi YU7 is an SUV made by Xiaomi, which is a company that usually makes electronics. They are now also making electric SUVs.
The Xiaomi YU7 is an SUV model from Xiaomi's electric vehicle lineup. It represents the company's efforts to diversify its offerings in the growing EV market.
BYD
"...Now BYD today updated three of their hybrid models, their DMI hybrids in its Song and Shin lineups..."
BYD is a car company from China that makes electric and hybrid cars. They are becoming popular because of their affordable prices and good technology.
BYD is a Chinese automotive manufacturer known for its electric vehicles and hybrid models. The company has gained significant market share in the growing EV sector.
hybrid models
"...BYD today updated three of their hybrid models, their DMI hybrids in its Song and Shin lineups..."
Hybrid models are cars that have both a regular engine and an electric motor. This helps them use less fuel and be better for the environment.
Hybrid models are vehicles that use both an internal combustion engine and an electric motor to improve fuel efficiency and reduce emissions. They can operate on electric power alone or in combination with gasoline.
electric range
"...extending the electric only range to boost the competitiveness in China against strong rivals..."
Electric range is how far a car can go using just electricity before it needs to be charged again. It's important for electric cars to have a good range so drivers can travel longer distances.
Electric range refers to the distance a vehicle can travel using only its electric power before needing to recharge. It's a crucial factor for electric and hybrid vehicles.
Ford Galaxy
"... against strong rivals from the likes of Geely's Galaxy brand. So the three vehicles they did with the 20..."
The Ford Galaxy is a big family car that can fit a lot of people and their stuff, making it great for trips. It's talked about because it's designed to be comfortable and useful for families, and there are other similar cars out there trying to compete with it.
The Ford Galaxy is a large multi-purpose vehicle (MPV) that offers spacious seating and versatility, making it ideal for families and group travel. It is significant in the market for its practicality and comfort, often competing with other family-oriented vehicles. The mention of competition from Geely's Galaxy brand highlights the increasing competition in the MPV segment.
BYD Song Pro
"...the 2026 Song Pro, that's an SUV, that arrives from $14,430 US equivalent, 133 kilometers battery range up from 75..."
The BYD Song Pro is a type of SUV made by BYD. It has been updated to drive longer distances on electricity alone, making it more appealing to buyers.
The BYD Song Pro is an SUV that is part of BYD's lineup, featuring an updated electric range to enhance its competitiveness in the market.
BYD Song L
"...And the Song L DMI SUV, also in three variants starting at 140,000 RMB, now up to 200 kilometers of battery range..."
The BYD Song L is also an SUV from BYD. It has been improved to travel further on electric power, which helps it compete better against other brands.
The BYD Song L is another SUV model in BYD's lineup, which has seen improvements in its electric range, making it more competitive in the market.
BYD Shin L
"...And the Shin L DMI, that's a sedan, quite a cheap sedan, very affordable 97,000 RMB on this 128 kilometers battery range..."
The BYD Shin L is a budget-friendly sedan made by BYD. It has a decent electric range and is priced to be affordable for many buyers.
The BYD Shin L is a more affordable sedan model in BYD's lineup, designed to offer a good balance of price and electric range for budget-conscious consumers.
BYD Tang L
"Now, the BYD Tang L is going to arrive internationally under a different name."
The BYD Tang L is a large SUV made by a Chinese company called BYD. It's designed to be stylish and has many features, especially for electric driving.
The BYD Tang L is a full-size SUV produced by the Chinese automaker BYD. It is known for its modern design and features, catering to the growing demand for electric vehicles.
BYD Ato 8
"Now, the Ato 8, or the Tang L, is a full-size SUV, but getting a rename for its export."
The BYD Ato 8 is the name used for the BYD Tang L when it is sold outside of China. It is a large SUV with a modern look.
The BYD Ato 8 is the international name for the BYD Tang L, a full-size SUV that features modern design elements and advanced technology.
BYD Seal 6
"It also arrived alongside the BYD M9 and the Seal 6."
The BYD Seal 6 is another car made by BYD, which focuses on electric vehicles. It's part of their lineup of modern cars.
The BYD Seal 6 is another model from BYD, likely an electric vehicle that showcases the brand's commitment to innovative design and technology.
BYD M9
"It also arrived alongside the BYD M9 and the Seal 6."
The BYD M9 is another car made by BYD, a company that makes electric vehicles. It's part of their range of cars.
The BYD M9 is another model from BYD, likely part of their expanding lineup of electric vehicles and SUVs, although specific details may vary.
Dynasty series
"In China, it's part of the Dynasty series. It's actually the flagship of the Dynasty series."
The Dynasty series is a group of cars made by BYD that are designed to be more luxurious and feature-rich.
The Dynasty series is a lineup of vehicles from BYD that emphasizes premium features and advanced technology, aimed at competing in the higher-end market.
Lucid Gravity
".... Oh, you know, 1 million miles away from a Lucid Gravity? Okay, if that makes sense, if that's a referenc..."
The Lucid Gravity is a new electric SUV that will be very luxurious and high-tech. It's important because it's part of a new wave of electric cars that can go really far on a single charge, making it a cool option for people who want a fancy and eco-friendly vehicle.
The Lucid Gravity is an upcoming electric SUV from Lucid Motors, designed to offer luxury, performance, and advanced technology. It is significant as it represents the brand's expansion beyond sedans into the SUV market, aiming to compete with established luxury electric vehicles. The mention of its distance reference underscores the brand's focus on long-range electric capabilities.
BEV
"$30,000 sold so far as per China Review Data Tracker. Its Bev Power train is 810 kilowatts, while the lineup, which includes the plug-in hybrid with a 35 kilowatt hour LFP pack..."
A BEV is a car that runs only on electricity. It doesn't use gasoline or diesel, so it doesn't pollute the air like regular cars do.
BEV stands for Battery Electric Vehicle, which is a type of vehicle that runs entirely on electric power without any internal combustion engine. They are charged using electricity and do not produce tailpipe emissions.
LFP battery
"...the plug-in hybrid with a 35 kilowatt hour LFP pack, will still DC fast charge at 71 kilowatts of power..."
LFP batteries are a type of battery used in electric cars. They are safe and last a long time, making them a good choice for powering vehicles.
LFP stands for Lithium Iron Phosphate, a type of lithium-ion battery known for its safety, long cycle life, and thermal stability. It's commonly used in electric vehicles due to these advantages.
kilowatt (kW)
"...its Bev Power train is 810 kilowatts, while the lineup, which includes the plug-in hybrid with a 35 kilowatt hour LFP pack..."
A kilowatt is a way to measure how powerful something is. In electric cars, it tells you how much power the motor has or how fast you can charge the battery.
A kilowatt (kW) is a unit of power equal to 1,000 watts. In the context of electric vehicles, it measures the power output of the electric motor or the charging speed of the battery.
DC fast charging
"...will still DC fast charge at 71 kilowatts of power. The all-electric Ato 8 comes alongside the plug-in hybrid version..."
DC fast charging is a way to quickly charge electric cars. It can fill up the battery much faster than regular charging, so you can get back on the road sooner.
DC fast charging is a method of charging electric vehicles that allows for much quicker charging times compared to standard AC charging. It delivers direct current (DC) to the vehicle's battery, enabling it to charge to a significant level in a short period, often within 30 minutes.
Ato 8
"...The all-electric Ato 8 comes alongside the plug-in hybrid version. I think it's not entirely clear which versions will go to which countries..."
The Ato 8 is a new electric car that can run only on electricity or use a mix of electricity and gasoline. It's designed to be a top model in its series.
The Ato 8 is an electric vehicle that is available in both all-electric and plug-in hybrid variants. It features advanced powertrain options and is positioned as a flagship model in its lineup.
all-wheel drive (AWD)
"...rear wheel drive with 580 kilowatts of power, all wheel drive with 810 kilowatts of power, 3.9 seconds to do the dash..."
All-wheel drive means that all four wheels of a car get power from the engine. This helps the car grip the road better, especially in bad weather.
All-wheel drive (AWD) is a drivetrain system that powers all four wheels of a vehicle simultaneously, providing better traction and stability, especially in adverse weather conditions or off-road situations.
electric vehicles
"...electric vehicles to be 80% of that 85%. So the document also anticipates new energy commercial..."
Electric vehicles are cars that run on electricity instead of gasoline. Some use only electricity, while others can also use gas.
Electric vehicles (EVs) are cars that are powered entirely or partially by electricity. They include battery electric vehicles (BEVs) and plug-in hybrids, which use electric power alongside a traditional internal combustion engine.
internal combustion cars
"...that shift cut sales of petrol and pure internal combustion cars. New data coming out today shows..."
Internal combustion cars are the regular cars that run on gasoline or diesel. They have engines that burn fuel to make them go.
Internal combustion cars are vehicles that use an internal combustion engine (ICE) to convert fuel into mechanical energy. This includes traditional gasoline and diesel vehicles.
plug-in hybrids
"...the phrase new energy vehicle is BEVs and plug-in hybrids in China."
Plug-in hybrids are cars that can use both electricity and gasoline. You can charge them like an electric car, but they also have a regular engine.
Plug-in hybrids are vehicles that combine a traditional internal combustion engine with an electric motor and battery, allowing them to run on electricity or gasoline.
trade protectionism
"...to urge international cooperation opposing trade protectionism amid a dispute over tariffs. They said Chinese and European automakers are stronger when they deepen their ties..."
Trade protectionism is when a country makes rules to protect its own businesses from competition with other countries. This can make it harder for foreign companies to sell their products there.
Trade protectionism refers to government policies that restrict international trade to protect local businesses from foreign competition. This can include tariffs, quotas, and subsidies.
BMW
"...European Union tariffs on Chinese NEVs have been criticised by the likes of BMW chairman Oliver Zipser, saying BMW strongly opposes the European Commission's anti-substitute tariffs in September..."
BMW is a well-known car brand from Germany that makes luxury cars and sports cars. They are famous for their quality and performance.
BMW is a German automotive manufacturer known for its luxury vehicles and performance-oriented cars. The company has a strong presence in both the traditional automotive market and the electric vehicle sector.
NEVs
"...European Union tariffs on Chinese NEVs have been criticised by the likes of BMW chairman Oliver Zipser..."
NEVs stands for New Energy Vehicles, which are cars that use energy sources like electricity instead of just gasoline. They are better for the environment.
NEVs, or New Energy Vehicles, refer to vehicles that use alternative energy sources, including electric, hybrid, and hydrogen-powered vehicles. They are part of the global shift towards more sustainable transportation.
Nexperia
"...Nexperia told customers of unforeseen developments that affect the availability of certain products. Yes, because the Chinese ownership have said, do not supply European car makers..."
Nexperia makes tiny electronic parts that help cars and other devices work properly. They are important for things like safety features and entertainment systems in vehicles.
Nexperia is a global semiconductor company that specializes in the production of discrete, logic, and MOSFET components used in various electronic applications, including automotive.
automotive semiconductor
"...the company's automotive semiconductor supply has fallen off in recent weeks after the Dutch government took control..."
These are special computer chips that help cars run their electronic systems, like the engine and safety features. They're essential for modern cars to function properly.
Automotive semiconductors are specialized chips used in vehicles to control various electronic systems, including engine management, safety features, and infotainment systems.
force majeure
"...raising fears of the trip shortages that we saw post-pandemic in a force majeure notice from October the 9th..."
Force majeure is a legal term that means unexpected events make it impossible for someone to meet their obligations. This can happen due to things like natural disasters or political issues.
Force majeure refers to unforeseen circumstances that prevent someone from fulfilling a contract. In this context, it relates to supply chain disruptions due to geopolitical issues.
Rivian
"...we'll talk Porsche and Rivian and more, stick around, back in a mo."
Rivian is a new car company from the United States that makes electric trucks and SUVs. They focus on making vehicles that are good for the environment and great for outdoor activities.
Rivian is an American electric vehicle manufacturer focused on producing electric trucks and SUVs. Their R1T pickup and R1S SUV are designed for outdoor adventures and sustainability.
Porsche Cayennes
"...w SUV and plans to keep gas powered Panameras and Cayennes on the road well into the 2030s. The company say..."
Porsche Panameras
"...e new three row SUV and plans to keep gas powered Panameras and Cayennes on the road well into the 2030s. Th..."
The Porsche Panamera is a fancy car that looks like a sports car but has four doors, so more people can ride in it. It's known for being really fast and comfortable, and people talk about it because it's a high-quality car that many love to drive.
The Porsche Panamera is a luxury four-door sedan that combines the performance of a sports car with the comfort of a high-end vehicle. It is significant for its powerful engine options, advanced technology, and distinctive styling, making it a popular choice among enthusiasts and luxury buyers alike. The mention of its continued production into the 2030s highlights Porsche's commitment to maintaining a diverse lineup amidst evolving automotive trends.
Mercedes-Benz
"Volkswagen, Mercedes, BMWs, Porsches are increasingly seen as well..."
Mercedes-Benz is a luxury car brand that makes high-end vehicles known for their quality and technology. Many people consider them to be some of the best cars in the world.
Mercedes-Benz is a luxury automotive brand known for its high-quality vehicles that combine performance, comfort, and advanced technology. It is part of the Daimler AG group.
Volkswagen
"Volkswagen, Mercedes, BMWs, Porsches are increasingly seen as well..."
Volkswagen is a big car company from Germany that makes many different types of cars, including the popular Beetle and Golf models.
Volkswagen is a German automaker known for producing a wide range of vehicles, from compact cars to SUVs. It is one of the largest car manufacturers in the world.
benchmarking
"...they benchmark notably these against what they're making. And Rivian recently conducted a tear down..."
Benchmarking is when companies compare their cars to others to see how they can make them better. It's like checking your grades against your friends to see how you can improve.
Benchmarking in the automotive industry refers to the practice of comparing a company's products and performance against competitors to identify strengths and weaknesses. This helps manufacturers improve their offerings.
tear down
"...Rivian recently conducted a tear down of a Xiaomi Su7 CEO RJ Scarringe told business insider..."
A tear down is when a car is taken apart to see how it works inside. Companies do this to learn from each other and improve their own cars.
A tear down is a process where a vehicle is disassembled to analyze its components and construction. This helps manufacturers understand competitors' engineering and design choices.
Request an Explanation
Heard something you'd like explained? We'll add it to this episode.
Sign in to request explanations for terms you heard.
Want to learn more?
Browse our glossary for plain-English explanations of automotive terms, jargon, and concepts.
Help improve this episode
See something that's not quite right? Our annotations are AI-generated and can sometimes miss the mark. Click the flag icon on any annotation to suggest a correction.