Chinese Electric Vehicle Sales Surge as Domestic Brands Gain Market Share China's electric vehicle market showed robust growth in March, with wholesale sales hitting 1.14 million units, up 37% year-on-year. Major players like BYD, Geely, Xpeng, and Xiaomi posted significant gains, with Xpeng's deliveries soaring 331%. Aggressive expansion and new store openings signal intensifying competition among local brands.12