Several Chinese electric vehicle manufacturers have reported their first annual or quarterly profits, demonstrating growing financial viability amid domestic price competition. Leapmotor posted a 2025 full-year profit of $78 million, while Nio and Xpeng generated positive fourth-quarter earnings. The companies join BYD, Li Auto, and Xiaomi among Chinese new energy vehicle makers with positive cash flow.
Dubai Chambers formalized four cooperation agreements with commerce chambers in Beijing, Shenzhen, Guangzhou, and Chongqing during the Dubai Business Forum in Shenzhen. Dubai's non-oil trade with China reached AED 363.5 billion in 2025 as Chinese firms expand presence across the Gulf.
Chinese electric and hybrid vehicle manufacturers are increasingly focusing on the Gulf Cooperation Council as tariffs and regulatory barriers restrict Western market access, according to Asia Times. Industry estimates indicate the UAE represented approximately 42% of the GCC electric vehicle market in 2025, supported by roughly 2,800 charging points. Automakers including BYD, Geely, and Chery are expanding distribution networks, after-sales operations, and charging partnerships across the region.
Chinese vehicle manufacturers including BYD, Geely, and Li Auto are expanding dealership networks and distribution partnerships in the UAE and Saudi Arabia. In 2025, electric and plug-in hybrid vehicles represented approximately 9% of new-vehicle sales in the UAE, which accounted for an estimated 42% of the GCC electric vehicle market.
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