EV News Daily - Technology and Business of EVs · Martyn Lee

CHINA: Petrol Prices vs Charging, Xiaomi Defies Profit Squeeze and BAIC Sodium Ion Battery | 25 Mar 2026

·19 min·1 clip
Chinese media headlines 'Fuel car owners finally admit they envy electric car owners' as petrol prices hit 9 yuan a litre.
This episode covers rising petrol prices in China boosting EV interest, Xiaomi's strong profit margins amid industry squeezes, advancements in sodium-ion and solid-state batteries, the revival of the Freelander brand as an electric venture, and updates on Xpeng and NIO models including the massive ES9 SUV.

As heard by us

China's EV story here is part pricing test, part battery race, part margin squeeze.

This segment frames China's EV market as a live test of price, profit, and performance, linking petrol prices, charging costs, Xiaomi's margin squeeze, and BAIC's sodium-ion battery into one clear business picture.

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Why you'd press play

You want the China EV market update without the fluff.

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