China's electric car market is headed for a sharp slowdown in 2025, according to analyst predictions, increasing pressure on companies trying to survive.

Sales of all types of electric vehicles rose more than 40% in China last year while those of gasoline-powered automobiles plunged.

Sales of electric and hybrid vehicles jumped more than 40 percent in China last year, as demand for new energy models continues to surge and the sector remains entrenched in a gruelling price war.

SALES of all types of electric vehicles rose more than 40 per cent in China last year, while those of petrol-powered cars plunged, industry data showed today.

Domestically, passenger car sales grew 13.6% in December, partly due to trade-in incentives, bringing total sales for the year to 22.6 million, up 3.1%. However, sales of traditional gasoline and diesel cars dropped 17%,