- Global NEV sales are projected to reach 23.35 million units in 2026.
- IEA reported global EV sales reached 20.7 million in 2025, with China accounting for 60% of all sales.
- Global EV market share gains and losses are being tracked, involving major players like Tesla and BYD.
BYD plans paid public racing experiences at Chinese circuits
What happened
BYD is developing paid public racing experiences utilizing the Zhengzhou All-Terrain Circuit and the Shanghai International Circuit. These activities are being organized in connection with the F1 Chinese Grand Prix. BYD has been establishing a presence in international racing through specific circuit activities since September 20, 2026.
From gasgoo.com
Why it matters
The event occurs amid global tracking of electric vehicle market share, where China accounted for 60% of all EV sales in 2025, reaching 20.7 million units globally. The initiative also reflects a growing racing culture in China, with increased participation in activities like karting, sim racing, and track days.
Global EV market share gains and losses are being tracked, involving major players like Tesla and BYD. IEA reported global EV sales reached 20.7 million in 2025, with China accounting for 60% of all sales.
From gasgoo.com
Keep exploring
Part of
Global EV market share gains and losses are being tracked, involving major players like Tesla and BYD.Also in this story
- Global EV market share gains and losses are being tracked, involving major players like Tesla and BYD.
- A product defect has been identified in the glass roof system of the Ti7 SUV manufactured by BYD.
- Tesla faces intensifying competition from Chinese EV manufacturers, while robust demand in Europe supports deliveries.
Within Global NEV sales are projected to reach 23.35 million units in 2026.