General Motors (GM) saw new energy vehicle (NEV) sales in China hit nearly 1 million units in 2025, representing over half of total deliveries in the market. GM also posted gains in retail sales and market share, with NEVs driving significant growth. The company plans to introduce more customer-focused offerings globally.
In contrast, EV maker Tesla’s Shanghai plant shipped around 851,732 vehicles in 2025, down about 7% year over year. BYD Company Limited’s passenger NEV retail sales in China totaled 3,484,525 units in 2025, down 6.3% year over year. Despite the drop, BYD retained its market-leading position.
General Motors has outperformed the Zacks Automotive-Domestic industry in the past six months, with shares gaining 55.4%. GM appears undervalued compared to the industry and has seen positive movement in EPS estimates for 2025 and 2026. Zacks Research highlights GM as a strong buy.
Zacks Research Chief names a little-known satellite-based communications firm as a top stock pick set to climb highest. With space projected to become a trillion dollar industry, this company’s growing customer base and major revenue breakout forecast for 2025 make it a promising investment opportunity.
Read more at Nasdaq: Is General Motors Gaining Momentum in China’s NEV Market?
