Domestic News - Guangzhou will add an additional 60,000 ordinary car quota indicators for the second half of 2025, distributed monthly at a rate of 10,000 per month, with a ratio of 1:9 for units and individuals [2] - The Ministry of Industry and Information Technology (MIIT) released the 396th batch of new vehicle announcements, including the NIO ES8, which has dimensions of 5280mm x 2010mm x 1800mm and a maximum speed of 220 km/h [3][4] - NIO has established over 8,000 charging and battery swap stations nationwide, including 1,000 high-speed battery swap stations, enhancing its charging network across major city clusters [5][6] - GAC's smart factory in Indonesia has officially commenced production, starting with a capacity of 20,000 units and plans to expand to 50,000 units [7] - BYD plans to launch six new models in the UK by the end of 2026, aiming to double its product lineup [8] - Seres announced the official launch of its vehicle in the Macau market, marking its expansion into the Greater Bay Area [9] - Tesla's energy storage project has been signed for Shanghai Lingang, with a total investment of 4 billion yuan for a gigawatt-level energy storage station [10] - Hongmeng Zhixing has connected to 1,000 Huawei supercharging stations, covering 32 provinces and 278 cities [11] Foreign News - In Canada, new car sales in May increased by 7.9% year-on-year, reaching 187,000 units [13] - The UK saw a 1.6% increase in new car sales in May, with electric vehicles accounting for over 47% of total sales [14][15] - The first electric vehicle charging pile manufacturing company in the Middle East has been established to meet the growing demand for electric vehicle infrastructure [16] - Spain's new car sales in May reached 112,820 units, marking an 18.6% year-on-year increase, the highest since 2019 [17] Commercial Vehicles - Tesla is preparing to launch its Semi electric truck in the European market, having established a new market development position [18] - Dongfeng Commercial Vehicle is expanding its presence in the Chengdu-Chongqing economic circle, delivering 40 gas hazardous chemical tractors [19] - The 400,000th new energy commercial vehicle from Yuan Cheng has rolled off the production line, marking a significant milestone in its development [20] - MAN has officially started mass production of its electric long-haul trucks, marking a significant step towards zero-emission transportation [21]

Market Overview - The market for new energy light trucks continues to rise significantly, with May sales reaching 17,180 units, a year-on-year increase of 75%, and a penetration rate of 26.09% [6][7] - From January to May 2025, the top-selling company was Yuan Cheng with 16,228 units sold, while Guangdong province had the highest sales proportion [6] Company Developments - Foton's Aoling New Energy product matrix was launched, focusing on addressing logistics users' pain points such as complex purchasing processes and maintenance response times [22] - Jianghuai delivered 100 units of its new energy cold chain vehicles to Xuelan Dairy, ensuring fresh and stable quality during transportation [27] - Chery's Zero Meter light truck introduced a new version with enhanced battery technology, promising longer battery life and reduced energy consumption [28] - Dongfeng Liuzhou's new energy heavy-duty truck, based on an 800V high-voltage platform, features a maximum power of 1,209 horsepower and supports super-fast charging [29] Policy and Regulation - The Ministry of Industry and Information Technology released guidelines to promote low-energy and low-emission measuring instruments, supporting the green and low-carbon transition in manufacturing [5][17] - Hunan Province's three-year action plan for hydrogen energy development emphasizes coordinated layout and innovation-driven applications [9] Industry Data - The top 10 companies in new energy light truck sales from January to May 2025 show significant growth, with some models experiencing over 500% year-on-year increases [6][7] - The penetration rate of new energy light trucks has increased from 24.85% to 26.09% in 2025 [6] Technological Innovations - Dongsoft and CATL's subsidiary collaborated to promote the efficient implementation of intelligent skateboard chassis control platforms [4] - The introduction of new sensor tires by Pirelli aims to monitor road conditions in real-time, assisting road management departments [4]

Core Viewpoint - The article provides an overview of upcoming vehicle models set to launch in June 2025, detailing specifications, pricing, and market segments for each model [2][4][12][20][28][44][52][60]. Group 1: Upcoming Vehicle Models - SAIC Volkswagen ID. 3 is scheduled for release on June 14, 2025, positioned in the A HB segment, with a price range of 137,888 to 144,888 CNY, featuring a pure electric engine with a range of 451 km [7][4]. - Dongfeng Citroen C5 AIRCROSS will launch on June 16, 2025, in the B SUV segment, priced between 149,700 and 164,700 CNY, equipped with 1.6T and 1.8T engines [15][12]. - Zhiji Auto LS7 is set to debut on June 16, 2025, in the C SUV segment, with a price of 339,900 CNY, featuring a pure electric engine and a range of 700 km [23][20]. - Chery Automobile's Tiggo 7 High Energy Version will be available on June 17, 2025, in the A SUV segment, priced from 87,900 to 97,900 CNY, powered by a 1.5T engine [31][28]. - Chery Tiggo 7 PLUS will also launch on June 17, 2025, in the A SUV segment, with a price range of 91,900 to 95,900 CNY, featuring a 1.5T engine [39][36]. - Leap Motor C16 is expected on June 18, 2025, in the C SUV segment, with prices ranging from 151,800 to 181,800 CNY, offering both range-extended and pure electric options [47][44]. - SAIC General Buick E5 will be released on June 19, 2025, in the C SUV segment, priced between 149,900 and 169,900 CNY, featuring a pure electric engine with ranges of 515 km to 620 km [55][52]. - Chery Automobile's Arrizo 8 PRO will launch on June 19, 2025, in the A NB segment, with a price range of 137,900 to 149,900 CNY, powered by a 2.0T engine [63][60]. Group 2: Technical Specifications - The ID. 3 features dimensions of 4,266 mm in length, 1,778 mm in width, and 1,568 mm in height, with a wheelbase of 2,765 mm and a power output of 125 kW [7][4]. - The C5 AIRCROSS has dimensions of 4,510 mm in length, 1,860 mm in width, and 1,705 mm in height, with a wheelbase of 2,730 mm and power outputs of 129 kW and 155 kW for the 1.6T and 1.8T engines respectively [15][12]. - The LS7 measures 5,049 mm in length, 2,002 mm in width, and 1,784 mm in height, with a wheelbase of 3,060 mm and a power output of 579 kW [23][20]. - The Tiggo 7 High Energy Version has dimensions of 4,545 mm in length, 1,898 mm in width, and 1,670 mm in height, with a wheelbase of 2,672 mm and a power output of 115 kW [31][28]. - The Tiggo 7 PLUS has dimensions of 4,530 mm in length, 1,862 mm in width, and 1,695 mm in height, with a wheelbase of 2,670 mm and a power output of 115 kW [39][36]. - The C16 has dimensions of 4,915 mm in length, 1,905 mm in width, and 1,770 mm in height, with a wheelbase of 2,825 mm and power outputs of 70 kW (engine) and 220 kW (electric motor) [47][44]. - The E5 measures 4,892 mm in length, 1,905 mm in width, and 1,681 mm in height, with a wheelbase of 2,954 mm and a power output of 180 kW [55][52]. - The Arrizo 8 PRO has dimensions of 4,800 mm in length, 1,843 mm in width, and 1,469 mm in height, with a wheelbase of 2,790 mm and a power output of 187 kW [63][60].

Market Overview - During the "May Day" holiday, car manufacturers launched promotional policies, leading to a strong performance in the car market in May, with retail sales of narrow-sense passenger vehicles reaching 1.938 million units, a year-on-year increase of 13.7% and a month-on-month increase of 10.0% [1] - New energy vehicle retail sales in May reached 1.027 million units, a year-on-year increase of 28.9% and a month-on-month increase of 12.7%, with a penetration rate rising to 53.0% [1] June Market Outlook - The car market is expected to continue its upward trend in June, supported by the "trade-in" and "scrap renewal" policies, despite some regions experiencing temporary tightness in subsidy amounts [2] Manufacturer Sales Trends - In June, manufacturers are intensifying promotional efforts to meet quarterly and semi-annual targets, with an overall market discount rate of approximately 24.8% [3] - Retail targets for leading manufacturers are projected to grow by 15% year-on-year compared to May of last year, with an estimated total retail market of around 2 million units in June, a year-on-year increase of 13.4% and a month-on-month increase of 3.2% [3] Weekly Sales Projections - The first week of June saw a decline in daily retail to 42,100 units, a year-on-year decrease of 16.9% and a month-on-month decrease of 13.9% [4] - The second week showed a recovery with daily retail reaching 52,700 units, a year-on-year increase of 22.7% [4] - The third week, boosted by the "618" e-commerce promotion, is expected to see daily retail reach 68,600 units, a year-on-year increase of 10.7% [4] - The fourth week is projected to achieve daily sales of 101,800 units, a year-on-year increase of 10.1% [4] June Market Heat - The arrival of the "618" e-commerce season has prompted manufacturers to launch new promotional campaigns, with the overall market discount rate reaching approximately 25.2% in mid-June [5] - As of May 31, the number of applications for the trade-in subsidy reached 4.12 million, providing significant momentum for the car market [5] - However, some regions are experiencing temporary tightness in trade-in subsidy funds, which may lead to increased consumer hesitation and potential consumption risks in the third quarter [5]

Domestic News - The Ministry of Industry and Information Technology, along with other departments, held a video conference to enhance safety management for new energy vehicles, emphasizing the responsibility of manufacturers for product quality and safety [3] - A new batch of new energy vehicle tax exemption lists was released, including models like LeDao L90 and Xiaomi YU7 for pure electric vehicles, and Geely Galaxy A7 and Volvo XC70 for plug-in hybrids [4] - Guangxi province announced the suspension of the old-for-new subsidy program for consumer goods, including automobiles, effective June 20, 2025 [5] - By 2030, it is projected that over 80 million connected vehicles will be added annually, with AI technology expected to significantly expand connectivity [6] - GAC Aotong's HL range extender version will be delivered in August, featuring a luxury yacht-inspired design and advanced AI cockpit capabilities [7] - BYD's Tengshi brand is set to enter the Australian market in Q3 2025, with the Tengshi B5 expected to be one of the first models introduced [8] - Deep Blue Automotive has officially launched in Armenia, with the S07 model starting deliveries [10] - Geely's Galaxy A7 was unveiled, featuring the Thunder AI hybrid system and a comprehensive range of over 2100 km [11] International News - Mercedes-Benz announced an extension of its internal combustion engine strategy, indicating a longer lifespan for fuel engine models than previously planned [12] - Nissan confirmed plans to launch its first solid-state battery vehicle by 2028, which is expected to enhance energy density and reduce costs [13] - Vietnamese electric vehicle manufacturer VinFast will establish its first authorized dealership in California, USA [15] - Texas Instruments plans to invest over $60 billion to expand its manufacturing capabilities in the U.S., creating approximately 60,000 jobs [16] Commercial Vehicles - XCMG launched the 2.0 Hanjie light truck in Kunming, signing a strategic cooperation agreement for 200 units [17] - Fast Group is accelerating its entry into the high-end overseas market, having received EU E-Mark certification for its products [18] - Yutong Bus's brand value has surpassed 100 billion yuan, marking a significant milestone in its global market position [19] - A conference on the green innovation development of the alcohol-hydrogen ecosystem and specialized vehicles was successfully held, showcasing a full range of products and solutions [20]

Core Viewpoint - In May 2025, Shanghai's total vehicle registration reached 38,080, showing a year-on-year decline of 0.46% but a month-on-month increase of 3.11% [3][4]. Vehicle Registration Summary - **Total Vehicle Registration**: 38,080 in May 2025, with a year-on-year decrease of 0.46% and a month-on-month increase of 3.11% [3][4]. - **Breakdown by Vehicle Type**: - **Imported Passenger Cars**: 2,411 units, down 14.47% month-on-month and 11.13% year-on-year [4][9]. - **Domestic Sedans**: 3,832 units, down 4.39% month-on-month and 17.34% year-on-year [4][10]. - **Small Passenger Cars (excluding sedans)**: 6,970 units, down 6.37% month-on-month and 14.76% year-on-year [4][11]. - **New Energy Passenger Cars**: 22,919 units, up 15.18% month-on-month and 8.84% year-on-year [4][12]. - **Large Buses**: 190 units, down 15.93% month-on-month but up 52.00% year-on-year [4]. - **Small Trucks**: 812 units, down 32.45% month-on-month but up 1.25% year-on-year [4]. - **Large Trucks**: 946 units, down 29.09% month-on-month but up 26.64% year-on-year [4]. Year-to-Date Registration Trends - **Cumulative Registration (January to May 2025)**: Total of 171,082 vehicles, reflecting an 8.33% year-on-year decline [4]. Imported Vehicle Source Analysis - **Top Countries for Imported Cars**: - **Germany**: 1,190 units, down 23.52% month-on-month and 21.71% year-on-year [9]. - **Japan**: 799 units, down 0.62% month-on-month but up 27.64% year-on-year [9]. - **UK**: 272 units, down 7.80% month-on-month and 32.17% year-on-year [9]. - **USA**: 27 units, unchanged month-on-month but down 10.00% year-on-year [9]. Domestic Sedan Breakdown - **Domestic Sedan Types**: - **Luxury**: 903 units, down 6.42% month-on-month and 17.53% year-on-year [10]. - **Mid-High**: 1,739 units, down 4.35% month-on-month and 18.70% year-on-year [10]. - **Mid**: 802 units, down 4.98% month-on-month and 16.37% year-on-year [10]. - **Popular**: 388 units, up 1.84% month-on-month but down 12.42% year-on-year [10]. New Energy Vehicle Insights - **New Energy Vehicle Types**: - **Imported**: 139 units, down 10.90% month-on-month and 12.03% year-on-year [12]. - **Domestic**: 9,711 units, up 19.90% month-on-month and 8.99% year-on-year [12].

Domestic News - Fujian Province has issued a long-term plan for hydrogen energy industry innovation, aiming to establish over 10 high-level innovation platforms and achieve a production capacity of 30,000 tons/year of green hydrogen by 2035 [3] - In May, the Shanghai South Port exported 72,000 vehicles, marking a 200.9% year-on-year increase, with a total of 222,000 vehicles exported in the first five months, a 37.9% increase [4] - Hongqi's hydrogen fuel cell vehicle has passed key tests, achieving a 15% reduction in hydrogen consumption compared to competitors, indicating industry-leading performance [5] - ByteDance and BYD have deepened their collaboration to accelerate lithium battery research through a joint laboratory focusing on fast charging, lifespan, and safety [6] - Baidu's autonomous driving service, "萝卜快跑," has expanded its testing area in Hong Kong to include Tung Chung, with over 15,000 kilometers of safe driving recorded [7] - Huawei's rotating chairman predicts that the proportion of 5G-connected vehicles in China's passenger car sales will rise to 95% by 2030, emphasizing the need for independent vehicle decision-making [8] - Guoxuan High-Tech has initiated road testing for its all-solid-state battery PACK system, marking a significant step in battery technology [10] - The scale of fuel cell vehicle promotion in China is expanding, with over 28,000 units expected by the end of 2024, highlighting the need for policy support and technological innovation [11] International News - Düsseldorf, Germany, has opened Europe's largest hydrogen refueling station, capable of distributing up to 5 tons of hydrogen daily [13] - Volkswagen's subsidiary MOIA has launched its first fully autonomous vehicle, ID. Buzz AD, which will be deployed in Europe and the US starting in 2026 [14][15] - BMW's iX3 prototype has achieved a charging power of over 400 kW, allowing for a range increase of 350 kilometers in just 10 minutes [16] - Cadence has expanded its collaboration with Samsung Foundry to enhance AI-driven design solutions for AI data centers and automotive applications [17] Commercial Vehicles - Henan Province has announced a subsidy policy for the scrapping and updating of old freight vehicles, with a maximum subsidy of 140,000 yuan [19] - Suzhou King Long's brand value has surpassed 100 billion yuan, ranking 129th in the "China's 500 Most Valuable Brands" list [20] - Shaanxi Automobile has delivered its first batch of 100 electric dump trucks, marking a significant step in the new energy commercial vehicle sector [21] - Yutong has launched its C series luxury buses in Sri Lanka, enhancing its presence in the local market [22]

Core Viewpoint - The article discusses the monthly OTA (Over-The-Air) monitoring report, highlighting the trends and updates in the automotive industry regarding OTA upgrades, particularly focusing on the performance of various brands and their functionalities [1][4]. Industry Overview: OTA Data Summary - In May 2025, the industry updated a total of 495 features, an increase from 394 in the previous month, indicating a recovery in the pace of OTA upgrades despite ongoing regulatory impacts on "assisted driving" features [4]. - New force brands accounted for 200 updates, up from 129, shifting focus from aggressive smart driving competition to smart cockpit functionalities, emphasizing practical applications like "scenario intelligence" and "voice features" [7]. - Domestic brands updated 289 features, with significant contributions from brands like Lantu, Lynk & Co, and Geely Galaxy, focusing on enhancing user experience through system settings and interaction logic [9]. - Joint and luxury brands only updated 6 features, with Volvo being the only luxury brand to push a minor update, indicating a slower pace in OTA frequency compared to domestic brands [11]. OTA Iteration Speed - The overall speed of OTA iterations is gradually increasing, with various brands adapting to new regulations and enhancing their systems to integrate more intelligent features into daily user scenarios [13]. Upcoming OTA Updates - Several brands have scheduled significant OTA updates for the upcoming quarters, including Huawei ADS 4.0 for multiple models from AITO and Li Auto, and various enhancements for BYD and other brands focusing on intelligent driving capabilities [20]. User Feedback: NIO - User feedback indicates a positive reception towards the optimization of urban NOA (Navigation on Autopilot) capabilities, with enhancements in decision-making and obstacle navigation [22][32]. - Users expressed satisfaction with the new features, such as the congestion speed reduction function and improved low-speed obstacle avoidance capabilities, which enhance the overall driving experience [32][42]. User Feedback: Li Auto - Feedback from Li Auto users highlighted minor improvements in the latest OTA updates, with new features like the "Li Auto Classmate Memo" and "Alipay Car Assistant" being perceived as less impactful compared to other brands' offerings [29][43]. - Users showed interest in the emotional value of the voice assistant but felt that many new features were not essential for their driving experience [43].

Group 1 - The core viewpoint of the article highlights the strong performance of the passenger car market in June 2025, with retail sales showing a year-on-year growth of 20% and wholesale sales increasing by 24% compared to the same period last year [2][6] - The retail penetration rate for new energy vehicles (NEVs) reached 57% in the first half of June, with retail sales of 40.2 million units, marking a 38% year-on-year increase [2][5] - The overall automotive market is benefiting from improved economic conditions, promotional activities, and government policies aimed at boosting consumption, leading to a positive market atmosphere [5][6] Group 2 - In the first half of June, the average daily retail sales of passenger cars were 4.2 million units in the first week and 5.3 million units in the second week, reflecting a year-on-year growth of 17% and 23% respectively [4][6] - The cumulative wholesale of passenger cars for the year reached 1,150.4 million units, with a year-on-year growth of 12% [2][6] - The production of new energy vehicles in May reached 125 million units, with a year-on-year growth of 32%, indicating a strong upward trend in the NEV sector [7][8] Group 3 - The article notes that the automotive industry is increasingly driven by both domestic and international demand, with a notable improvement in export conditions [6][9] - The market for commercial vehicles also showed growth, with sales reaching 26 million units in May, a 3% year-on-year increase [8][9] - The penetration rate of new energy commercial vehicles reached 23% in the first five months of 2025, reflecting a strong growth trend in this segment [9]

Core Viewpoint - The automotive market in May 2025 showed a decline in inventory levels, indicating a healthy demand and effective promotional strategies by dealers, despite a cautious outlook for June due to seasonal factors [2][9]. Group 1: Inventory Levels - The comprehensive inventory coefficient for automotive dealers in May 2025 was 1.38, reflecting a month-on-month decrease of 2.1% and a year-on-year decrease of 4.2%, indicating that inventory levels are below the warning line and within a reasonable range [2][3]. - The total inventory of automotive dealers at the end of May was approximately 2.55 million vehicles, remaining stable compared to the previous month [6]. Group 2: Brand Performance - The inventory coefficients for high-end luxury and imported brands decreased, with high-end luxury & imported brands at 1.31 (down 1.5% month-on-month) and joint venture brands at 1.21 (down 11.7% month-on-month) [8]. - In contrast, the inventory coefficient for domestic brands increased to 1.51, reflecting a month-on-month rise of 2.7% [8]. Group 3: Market Outlook - The automotive industry is entering a traditional off-season in June, with expectations of reduced consumer foot traffic due to high temperatures. However, holiday travel demand and promotional policies may provide some support [9]. - The association suggests that dealers should rationally estimate market demand and enhance the promotion of vehicle replacement policies to boost consumer confidence and manage operational risks effectively [9].