Domestic News - Shanghai has launched the first local fire risk monitoring platform for new energy vehicles, aiming to provide a comprehensive safety digital platform with pre-warning, real-time alerts, and post-incident analysis. The platform has monitored over 1.8 million vehicles and issued alerts for high-risk vehicles [2] - In September 2025, China's automobile exports reached 756,000 units, a year-on-year increase of 24.3%, with an export value of $12.81 billion, reflecting a 10.9% increase compared to the previous year [3] - China FAW Group signed cooperation memorandums with Volkswagen, Audi, and Toyota during the China International Import Expo, indicating a purchase intention for 2026 [4] - Lantu Motors joined the Supercharging Alliance to enhance charging experiences, with its charging network covering over 2,700 districts and counties nationwide [5] - Avita Technology partnered with Haier to integrate smart home products into vehicles, enhancing the connected experience between home and car [7] - BMW Group showcased its brands at the China International Import Expo, highlighting its commitment to innovation and the Chinese market [8] - Hongmeng Zhixing's super factory has a maximum monthly production capacity of 10,000 units, with over 6,000 vehicles delivered by the end of October 2025 [9] - WeRide and Pony.ai were listed on the Hong Kong Stock Exchange, marking significant milestones in the autonomous driving sector [10] International News - The UK plans to implement a mileage-based tax on electric vehicles starting in 2028, which could generate an additional £1.8 billion annually by the early 2030s [11] - Tesla's shareholders approved Elon Musk's $1 trillion compensation plan, reflecting strong support for the company's leadership [12] - Hyundai Motor Group announced a €150 million investment to establish a new factory in Germany, focusing on innovation and electric vehicle development [13] - Honda plans to introduce its first hybrid full-size SUV in North America by 2029, indicating a strategic shift in response to the slowing electric vehicle market [14] Commercial Vehicles - The "Jiefang" brand was recognized as an excellent product brand by the State-owned Assets Supervision and Administration Commission, highlighting its leading position in the commercial vehicle sector [15] - Guangshuo Future and Tsinghua University signed a strategic cooperation agreement to develop distributed electric drive systems for new energy heavy trucks [16] - Shanghai is promoting the use of new energy heavy trucks and expanding the application of fuel cell vehicles in logistics and transportation [17] - Tangshan announced a subsidy plan totaling 545 million yuan for fuel cell vehicle demonstration applications, supporting the commercialization of hydrogen energy in the region [19]

Core Viewpoint - The article provides a comprehensive overview of new car models set to launch in November 2025, detailing specifications, market segments, and engineering changes for various manufacturers [2][4][6]. Group 1: New Car Models Overview - Kia Motors will launch the Kia Yipao on November 1, 2025, in the AO SUV segment with a price range of 79,800 to 83,800 CNY, featuring a 1.4L engine and CVT transmission [9]. - Changan Mazda's Mazda EZ-6 is scheduled for release on November 1, 2025, in the B NB segment, priced between 119,800 and 162,800 CNY, offering both range-extended and pure electric versions [17]. - Chery Automobile's Jetour Shanhai T1 will debut on November 3, 2025, in the A SUV segment, with a price range of 157,900 to 167,900 CNY, featuring a 1.5T plug-in hybrid engine [25]. - FAW-Volkswagen's Volkswagen Bora will be available on November 3, 2025, in the A NB segment, with prices from 112,900 to 143,900 CNY, equipped with 1.2T and 1.4T engines [33]. - GAC Honda's Honda Breeze will launch on November 3, 2025, in the AO SUV segment, priced between 119,800 and 135,800 CNY, featuring a 1.5L engine [41]. - Avita Technology's Avita 06 will be released on November 3, 2025, in the B NB segment, with a price range of 219,900 to 229,900 CNY, offering both range-extended and pure electric versions [49]. - Changan Automobile's CS55 PLUS will be available on November 4, 2025, in the A SUV segment, priced at 112,900 CNY, featuring a 1.5L plug-in hybrid engine [57]. - BYD's BYD Xia will launch on November 4, 2025, in the C MPV segment, with prices ranging from 206,800 to 269,800 CNY, featuring a 1.5T plug-in hybrid engine [62]. - Geely's Zeekr X is set to debut on November 5, 2025, in the A SUV segment, priced between 155,800 and 175,800 CNY, featuring a pure electric powertrain [71]. - Beijing Benz's CLA New Energy will be available on November 5, 2025, in the A NB segment, with a price range of 249,000 to 299,900 CNY, featuring a pure electric powertrain [79]. - Changan Ford's Explorer will launch on November 6, 2025, in the C SUV segment, priced at 369,800 CNY, featuring a 2.3T engine [87]. - Great Wall Motors' Tank 400 will be available on November 6, 2025, in the C SUV segment, with prices ranging from 249,800 to 319,800 CNY, offering gasoline, diesel, and plug-in hybrid options [95]. - SAIC-GM-Wuling's Baojun Yueye will launch on November 7, 2025, in the AO SUV segment, priced at 80,800 CNY, featuring a pure electric powertrain [100]. - FAW-Volkswagen's Golf GTI will be available on November 7, 2025, in the A HB segment, priced at 211,900 CNY, featuring a 2.0T engine [108]. - Beijing Benz's GLC will launch on November 7, 2025, in the B SUV segment, with prices ranging from 399,800 to 525,300 CNY, offering gasoline and plug-in hybrid options [118].

Core Viewpoint - The article announces the upcoming "2025 November Passenger Car Market Analysis Release Conference," which will provide insights into the national passenger car market dynamics, industry policies, pricing, used cars, new energy vehicles, commercial vehicles, and the Shanghai automotive market [2][3]. Group 1: Conference Details - The conference will be held online and is organized by the China Automobile Dealers Association Passenger Car Market Information Joint Conference Secretariat [2]. - The report will be published on November 10, 2025, at 16:00 [2]. - Various organizations are involved in the conference, including Sohu Auto, Shanghai Information Center, Ipsos (China) Consulting Co., Ltd., and others [2]. Group 2: Report Content - The report will cover several key topics, including: 1. October 2025 Shanghai automotive market registration data [2]. 2. Policy analysis on the automotive industry growth stabilization plan for 2025-2026 [2]. 3. Overview of the new version of tax exemptions for purchasing new energy vehicles [2]. 4. September 2025 new energy vehicle industry monthly report [2]. 5. October 2025 light commercial vehicle market forecast [2]. 6. September 2025 national used car market in-depth analysis [2]. 7. September 2025 Beijing automotive market analysis [3]. 8. October 2025 national passenger car market analysis [3].

Core Viewpoint - The article highlights the upcoming launch of four significant new electric vehicles in November 2025, showcasing advancements in intelligent configurations, power supply upgrades, and diverse market positioning to meet consumer demands [1][9]. Group 1: Upcoming Models - The four new models set to launch are: 1. Lantu Taisan (岚图泰山) - A flagship SUV with advanced intelligent driving features and a hybrid powertrain [2][3]. 2. Exeed ET5 (星途ET5) - A mid-size SUV featuring a high-performance hybrid system and a luxurious interior [4][5]. 3. Changan Qiyuan A06 (启源A06) - A mid-large sedan offering both electric and range-extended versions with extensive smart features [6][7]. 4. Leapmotor Lafa5 (零跑Lafa5) - A compact electric hatchback with a focus on intelligent systems and competitive range options [8][9]. Group 2: Key Specifications - **Lantu Taisan**: - Dimensions: 5230mm (L) x 2025mm (W) x 1817mm (H), Wheelbase: 3120mm - Powertrain: 1.5T hybrid with a total power of 380kW, 0-100 km/h in approximately 5.9 seconds, and a pure electric range of 370 km [3][4]. - **Exeed ET5**: - Dimensions: 4780mm (L) x 1890mm (W) x 1725mm (H), Wheelbase: 2800mm - Powertrain: 1.5T range-extended hybrid with a total power of 195kW, pure electric range of 205 km, and a combined range exceeding 1300 km [5][6]. - **Changan Qiyuan A06**: - Dimensions: 4885mm (L) x 1916mm (W) x 1496mm (H), Wheelbase: 2922mm - Powertrain: Offers both 120kW and 210kW electric versions with ranges of 510 km and 630 km respectively, and a range-extended version with a total range of 1800 km [6][7]. - **Leapmotor Lafa5**: - Dimensions: 4430mm (L) x 1880mm (W) x 1520mm (H), Wheelbase: 2735mm - Powertrain: Available in configurations with maximum power of 132kW and 160kW, offering ranges of 515 km and 605 km [8][9]. Group 3: Market Trends - The new models reflect three major trends in the automotive industry: 1. Intelligent configurations becoming standard, with advanced driving assistance systems and high-performance chips [9]. 2. Upgraded power supply systems, with the adoption of 800V platforms and electric ranges exceeding 500 km [9]. 3. A focus on diverse vehicle types to cater to varying consumer preferences, including SUVs, sedans, and compact cars [9].

Core Insights - The article discusses the findings of the "2025 October China Car Retention Rate Research Report," which aims to reflect the comprehensive strength of brands through retention rates, impacting various business operations such as repurchase, replacement, leasing, financing, and new car pricing [2][4] Policy Direction - The new "Roadmap 3.0" outlines five technical directions for the promotion of new energy vehicles (NEVs) in China, with a target of achieving over 80% market penetration by 2040, emphasizing the relationship between sales and pricing [6] Hot Events - A new measure to simplify the new car registration process has been implemented nationwide, with over 5.8 billion users on the "Traffic Management 12123" app, allowing users to complete the entire process online [8] Market Trends - The growth rate of used car supply has slowed down, with the suspension of replacement subsidies in several regions affecting sales momentum. It is expected that the supply of used cars will significantly exceed demand by the end of the year [11] Valuation Trends - There is a long-term downward trend in used car prices, with significant declines observed in the current month. The price drop is consistent across various vehicle categories, particularly during key decision-making periods for dealers [15] New Energy Vehicle Market Changes - The action plan aims to establish 28 million charging facilities by the end of 2027, providing over 300 million kilowatts of public charging capacity to meet the needs of over 80 million electric vehicles [19] Different Types of New Energy Vehicle Retention Rates - The competition among electric vehicles is intensifying, with manufacturers launching new models in October to boost year-end sales and prepare for the early 2026 market. The retention rates for electric and plug-in hybrid vehicles are now closely aligned, indicating a shift in consumer preferences [22]

Domestic News - Shanghai leads the world in the promotion of new energy vehicles, with over 220,000 units promoted from January to September 2025, a year-on-year increase of 25.4%. The cumulative promotion volume has reached 1.87 million units, ranking first among global cities [5] - Xiaopeng Motors unveiled its second-generation VLA large model, featuring 72 billion parameters and a cloud computing power cluster of 30,000 cards. The model will support "no navigation automatic driving" and is set to launch in December 2025 [6] - Volkswagen China announced plans to develop its own system-on-chip (SoC) for advanced driving assistance systems (ADAS) and future autonomous driving (AD) capabilities, enhancing local R&D capabilities [7] - Porsche has officially opened its R&D center in China, which will significantly shorten development cycles and enhance responsiveness, with a core team of over 300 engineers [8] - BYD will produce its best-selling plug-in hybrid vehicle, Seal U, in Turkey, marking a significant expansion in its European operations [9] - Pony.ai launched its seventh-generation Robotaxi, designed for a lifespan of 600,000 kilometers, showcasing its commitment to scaling up autonomous taxi operations [10] - Nissan established a joint venture for import and export in China, marking a new phase in its local development strategy [11] - Schaeffler has sold its turbocharger business in China to optimize its business structure, focusing on core competencies [12] International News - In Canada, new car sales in October 2025 decreased by 1.8% year-on-year, totaling 159,000 units [13] - The UK saw a slight increase in new car registrations in October 2025, up 0.5% year-on-year, with electric vehicles accounting for 25.4% of the market [14] - France's new passenger car registrations grew by 2.94% year-on-year in October 2025, reaching 139,513 units, although the cumulative registrations for the first ten months fell by 5.36% [15] - The EU plans to announce new regulations in December 2025 to promote affordable small electric vehicles, aiming to enhance competitiveness against Chinese manufacturers [16] Commercial Vehicles - BYD's T4 electric truck is set to be officially launched at the Wuhan Commercial Vehicle Exhibition on November 13, 2025 [19] - A new ultra-fast charging network for electric logistics has been launched in Linyi, China, marking a significant milestone in low-carbon logistics [20] - Jinbei (Shenyang) Automobile Co., Ltd. has entered a strategic cooperation with Toyota Tsusho, focusing on market channel collaboration and targeting the Saudi market [21] - Great Wall's Haval Shanhai Cannon Hi4-T has officially launched in Chile, marking a significant step in its global strategy [22]

Market Overview - In October 2023, the retail sales of passenger cars in China reached 2.387 million units, a year-on-year increase of 6% and a month-on-month increase of 7%. Cumulatively, retail sales for the year reached 19.395 million units, up 9% year-on-year [1][5] - Wholesale sales of passenger cars in October 2023 totaled 2.922 million units, representing a 7% year-on-year increase and a 4% month-on-month increase. Year-to-date wholesale sales reached 23.769 million units, up 12% year-on-year [1][9] New Energy Vehicle (NEV) Market - Retail sales of new energy vehicles in October 2023 reached 1.4 million units, a year-on-year increase of 17% and a month-on-month increase of 8%. Year-to-date retail sales of NEVs reached 10.27 million units, up 23% year-on-year [1][2] - The penetration rate of new energy vehicles in the retail market was 58.7%, while the wholesale penetration rate was 55.2% in October 2023 [2] Production Trends - In October 2023, the production of pure fuel light vehicles was 839,000 units, a year-on-year increase of 6% but a month-on-month decrease of 7%. The production of hybrid and plug-in hybrid vehicles totaled 526,000 units, down 6% year-on-year but up 13% month-on-month [2] Weekly Sales Performance - The average daily retail sales of passenger cars varied throughout October, with the first week seeing a decline of 18% year-on-year, while the fifth week experienced a significant increase of 47% year-on-year [4][5] Market Dynamics - The traditional peak season of "Golden September and Silver October" was affected by the Mid-Autumn Festival, leading to fluctuations in monthly sales. The tightening of subsidies in some regions also contributed to weaker retail performance in October [6] - The upcoming expiration of the vehicle purchase tax exemption policy is expected to maintain high consumer enthusiasm for car purchases [6] Global Market Share - In September 2025, global vehicle sales reached 8.55 million units, with China accounting for 38% of the market share, reflecting a 2 percentage point increase from the previous year [10] - From January to September 2025, China's vehicle sales reached 24.32 million units, a 13% increase year-on-year, solidifying its position as the most dynamic market globally [10] New Energy Vehicle Global Share - In the first nine months of 2025, China accounted for 68% of the global increase in new energy vehicles, highlighting its dominance in the sector [11]

Domestic News - The Ministry of Industry and Information Technology (MIIT) is soliciting opinions on three mandatory national standards, including technical requirements and testing methods for light vehicle automatic emergency braking systems [2] - BYD plans to launch its ultra-luxury brand "Yangwang" in the Middle East at the beginning of 2026, with subsequent expansions to Europe and the Americas [3] - Geely has introduced a "cross-year vehicle purchase tax subsidy" plan, offering up to 15,000 yuan in subsidies for customers who complete their orders by November 30, 2025 [4] - Zhijie Auto announced a delay in the purchase tax subsidy for its R7 and new S7 models, allowing customers to receive up to 15,000 yuan in subsidies if delivery occurs in 2026 due to non-user reasons [5] - Li Auto plans to launch 47 new supercharging stations in the 44th week of 2025, bringing the total number of stations to over 3,500 [7] - GAC's V2G demonstration center has achieved a discharge volume exceeding 400,000 kWh, with an average daily discharge of over 11,000 kWh [8] - Xiaomi's Lei Jun detailed the company's automotive testing system, which includes extensive road testing across various environments, covering over 540 million kilometers for the SU7 model [9] - Huawei's QianKun assisted driving system recorded an additional 681 million kilometers in October, with significant user engagement metrics [10] International News - The termination of the U.S. federal electric vehicle subsidy led to a sharp decline in October sales, with a previous quarter's sales reaching 438,000 units, a 40.7% increase [12] - Google announced the launch of an AI real-time lane guidance feature for cars equipped with its system [13] - Nissan and Monolith extended their partnership to utilize AI in improving the automotive development process [14] - NVIDIA and Deutsche Telekom are investing 1 billion euros to build the largest data center in Europe, enhancing AI infrastructure capabilities [15] Commercial Vehicles - Toyota has launched a new hydrogen-powered pickup truck, currently in concept form, based on the Tacoma model [16] - The logistics industry in China maintained an expansion trend in October, with a logistics prosperity index of 50.7%, despite a slight decrease from the previous month [18] - The J6P pure electric tractor from Jiefang has received the first carbon footprint certificate for commercial vehicles in China, marking a significant advancement in carbon management [19] - GAC launched the world's first 8.5-meter L4 level autonomous city bus, featuring a range of over 400 kilometers and accommodating 20 passengers [20]

Core Viewpoint - The Chinese automotive market shows signs of improvement in October 2025, with the Vehicle Inventory Alert Index at 52.6%, indicating a better industry outlook despite some ongoing challenges for dealers [2][4]. Market Performance - October 2025 continued the peak season trend, driven by local subsidy policies, the National Day auto show, and year-end promotions, leading to a significant year-on-year increase in order volume in the first half of the month [4]. - Post-National Day, market demand experienced a cyclical pullback, with new orders slightly declining compared to late September, but the market remains resilient due to the impending expiration of the new energy vehicle purchase tax exemption [4]. - The overall market is expected to maintain a "golden September and silver October" pattern, supported by the release of fourth batch subsidy funds and various year-end benefits [4]. Dealer Conditions - Despite increased foot traffic and order volume, the operational conditions for dealers have not improved significantly, with some manufacturers raising sales targets for dealers, leading to inventory buildup and tight liquidity [4]. - The sub-indices for inventory, workforce, and operational conditions decreased month-on-month, while market demand and average daily sales indices increased [4]. Regional Analysis - The national index stands at 52.6%, with regional indices showing variability: North at 51.3%, East at 51.2%, West at 48.3%, and South at 56.0% [6]. Brand Performance - The index for luxury and imported brands, as well as joint venture brands, decreased month-on-month, while the index for domestic brands increased [7]. Future Market Outlook - Entering November, automakers and dealers are in a push to meet annual targets, with the "Double 11" shopping season, the Guangzhou Auto Show, and continued subsidies expected to enhance terminal demand [8]. - The impending end of the new energy vehicle purchase tax exemption is likely to encourage consumers to make purchases earlier, boosting fourth-quarter sales [8]. - The China Automobile Dealers Association advises dealers to rationally estimate actual market demand and enhance promotion of "trade-in and scrapping" policies to boost consumer confidence [8].

Domestic News - Guangdong government offers one-time subsidies for personal consumers purchasing new energy passenger vehicles during the "Yue Enjoy Warm Winter" consumption season from November 2025 to March 2026 [6] - Geely and Renault Group sign a strategic cooperation agreement in Brazil, with Geely acquiring 26.4% of Renault Brazil, enhancing market access for electric vehicles in Latin America [7] - GAC Toyota launches new policies to address battery degradation, promising quick battery testing and replacement services, and sets high standards for battery performance [8] - Lynk & Co introduces a cross-year purchase tax subsidy plan, offering up to 15,000 yuan for customers affected by delivery delays [9][10] - Audi E5 Sportback announces a similar cross-year purchase tax subsidy plan, providing up to 15,000 yuan for delayed deliveries [11] - Autohome launches a new e-commerce platform, integrating various automotive services and addressing transparency issues in the car buying process [12] - BMW's geothermal energy project in China becomes operational, expected to reduce carbon emissions by 18,000 tons annually [13] - Amap announces the international version of AutoSDK, supporting navigation services for Chinese car brands in over 170 countries [14][15] International News - Japan aims to deploy 10,000 L4 autonomous vehicles by the fiscal year 2030, marking a significant push for advanced automotive technology [16] - Hyundai plans to establish a clean mobility hub in Malaysia, focusing on renewable energy projects [17] - Mazda showcases a new technology that can recycle up to 20% of vehicle emissions, aiming for net negative carbon emissions [18] - Honda announces plans to produce a new electric SUV in India by 2027, targeting cost competitiveness in the global market [20] Commercial Vehicles - Jiangsu Province's innovation center for new energy commercial vehicle power and control systems receives approval, focusing on key technological advancements [21] - A new 4MW ultra-fast charging solution is launched, enabling heavy trucks to charge in just 10 minutes, achieving "oil-electric same speed" [22] - Chery Commercial Vehicle's Zero Meter light truck achieves the highest market share in Shanghai [23] - Kaiwo Group and Hyundai unveil the first 8.5-meter hydrogen fuel cell bus, marking a significant step in zero-carbon transportation [24]