Market Chatter: China's NEV Campaign in Rural Areas Expands

MT Newswires Live
05 Jun

The Chinese government's campaign to promote the use of new energy vehicles in rural areas has grown to 124 models in 2025, Yicai Global reported Wednesday.

Among the NEVs being promoted include those from BYD (HKG:1211, SHE:002594), Geely (HKG:0175), Guangzhou Automobile's (HKG:2238, SHA:601238) GAC Aion, XPeng (HKG:9868), Leapmotor (HKG:9863), and Li Auto (HKG:2015), among others, the report said.

Tesla models were also added to the rural promotion, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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