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Chinese EV manufacturers BYD, Xpeng, and Leapmotor are unveiling new models at IAA Mobility 2025, expanding their presence in Europe despite tariffs and trade tensions. Meanwhile, Tesla's market share in the US continues to decline as competitors gain ground through aggressive pricing and new offerings.
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As of mid-September 2025, Chinese electric vehicle (EV) manufacturers face mixed fortunes. Tesla's sales in China have declined for six consecutive months, losing market share to domestic rivals like Xpeng and Xiaomi, which offer more affordable, feature-rich models. BYD, the largest Chinese EV maker, is expanding aggressively in Europe with new showrooms and local production to offset slowing domestic growth. Meanwhile, startups like AeroHT are pioneering flying cars, signaling innovation beyond traditional EVs. However, intense price wars and overcapacity continue to pressure profitability across the sector.
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Uber is integrating Blade's helicopter and seaplane routes into its app, with plans to include electric air taxis from Joby Aviation. The move aims to make urban air mobility more accessible globally, starting in New York and Dubai, pending regulatory approval.
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Chinese electric vehicle manufacturers are increasing their international investments and exports, with companies like BYD and Xpeng opening new facilities and targeting Europe, Asia-Pacific, and the Americas. Domestic sales slow, but exports surge, supported by government policies and regional cooperation.
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CBCX, a Hong Kong-based trading platform, announced a strategic investment to grow its presence in Asia-Pacific and global markets, focusing on digital assets, gold, and forex. The move aims to bridge traditional finance with emerging digital markets, including launching new crypto and tokenized products.
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AIDOL, Russia's first AI-powered humanoid robot, faceplanted during its Moscow debut, drawing viral attention. Developers attribute the fall to calibration and lighting issues, emphasizing it as part of normal technological development. The incident highlights Russia's emerging presence in AI robotics amid global competition.