Core Viewpoint - The article discusses the growth and structural changes in China's new energy vehicle (NEV) market, highlighting significant increases in production, sales, and battery installation, driven by policy support and consumer demand. Group 1: New Energy Vehicle Market - In the first five months of 2025, China's NEV production reached 5.64 million units, a year-on-year increase of 40.8%, with a cumulative penetration rate of 44.2% [10] - By May 2025, the market share of cars was 44.1%, down by 2.87 percentage points compared to the same period last year, while SUVs and MPVs accounted for 44.9% and 4.0% respectively [11] - The MPV market saw a significant growth of 76.7% due to model updates and strong promotional efforts [11] Group 2: Power Battery Installation - In May 2025, the installed capacity of NEV power batteries reached 52.3 GWh, marking a year-on-year growth of 31.2% [18] - The average battery capacity per vehicle was 50.4 kWh, up by 6.4% year-on-year, with Xiaomi and Tesla being major contributors to the installed capacity [18] Group 3: Battery Market Structure - The top three battery manufacturers held a market share of 76.1%, with CATL leading at 45.6% [20] - Companies like Zhongxin Innovation and Ruipu Lanjun showed significant growth rates of 142.2% and 136.2% respectively [20] Group 4: Drive Motor and Controller Supply - In May 2025, the top ten drive motor suppliers accounted for 63.2% of the market, with most companies experiencing a month-on-month increase in supply [22] - The top ten electric control suppliers held a market share of 62.9%, with a trend towards self-sourcing for cost reduction and efficiency [30] Group 5: Battery Technology Trends - The article highlights the advantages of large cylindrical batteries over square batteries in terms of safety, consistency, production efficiency, cost efficiency, and recycling efficiency [35][37] - Major companies, including CATL and BYD, are actively developing large cylindrical battery products, with applications expected to expand into electric vehicles and energy storage [39][41]

Core Viewpoint - The article provides an overview of new vehicle launches scheduled for July 2025, detailing various manufacturers, models, market segments, and engineering changes. Group 1: Manufacturer and Model Overview - Geely Auto is set to launch the Geely ICON on July 11, 2025, classified as an AO SUV with a minor engineering change (MCE1) [2][16] - GAC Passenger Vehicle will introduce the Trumpchi M6 on July 12, 2025, categorized as an A MPV with a minor engineering change (MCE1) [2][8] - Dongfeng Motor will release the Lantu FREE+ on July 12, 2025, classified as a C SUV with a medium engineering change (MCE2-1) [2][24] - Beijing Automotive will launch the Beijing X7 on July 12, 2025, categorized as an A SUV with a minor engineering change (MCE1) [2][32] - Chery Auto will introduce the Jietu Free on July 15, 2025, classified as an A SUV with no major engineering changes (NM) [2][40] - Dongfeng Nissan will launch the Venucia VX6 on July 15, 2025, categorized as a B SUV with a minor engineering change (MCE1) [2][48] - Dongfeng Infiniti will release the QX50 on July 16, 2025, classified as a B SUV with a minor engineering change (MCE1) [2][64] - Changan Auto will introduce the CS75 PLUS on July 16, 2025, categorized as an A SUV with no major engineering changes (NM) [2][72] - SAIC-GM-Wuling will launch the Baojun Yunhai on July 16, 2025, classified as an A SUV with a minor engineering change (MCE1) [2][80] - Volvo Asia Pacific will release the Volvo EX30 Cross Country on July 17, 2025, categorized as an AO SUV with a new product (NP) [2][88] - Great Wall Motors will introduce the Haval Big Dog on July 17, 2025, classified as an A SUV with a minor engineering change (MCE1) [2][96] Group 2: Technical Specifications and Pricing - The Trumpchi M6 will feature a 2.0T engine, DCT7 transmission, and a price range of 132,800 to 139,800 CNY [7][8] - The Geely ICON will offer a 1.5T engine, DCT7 transmission, and a price range of 89,800 to 95,800 CNY [15][16] - The Lantu FREE+ will have a 1.5T range-extended engine, EVT transmission, and a price range of 219,900 to 279,900 CNY [23][24] - The Beijing X7 will feature a 1.5T engine, DCT7 transmission, and a price of 119,900 CNY [31][32] - The Jietu Free will offer a 1.5T engine, DCT7 transmission, and a price of 132,800 CNY [39][40] - The Venucia VX6 will be fully electric with a price range of 134,900 to 159,900 CNY [47][48] - The QX50 will feature a 2.0T engine, CVT transmission, and a price range of 350,800 to 391,800 CNY [63][64] - The CS75 PLUS will have a 1.5T engine, 8AT transmission, and a price of 115,900 CNY [71][72] - The Baojun Yunhai will offer both hybrid and pure electric options with prices ranging from 109,800 to 129,800 CNY [79][80] - The Volvo EX30 Cross Country will be fully electric with a price of 263,800 CNY [87][88] - The Haval Big Dog will feature both 1.5T and 2.0T engines with prices ranging from 123,900 to 149,900 CNY [95][96]

点 击 蓝 字 关 注 我 们 本文全文共 1388 字，阅读全文约需 4 分钟 为冲刺年中任务目标，经销商在6月加大促销力度，并借助端午假期与"6·18"活动积极冲量，有效提振了 终端销量。尽管面临农忙季节、高温多雨等季节性因素挑战，但在"汽车以旧换新"补贴细则的持续拉动下，6 月乘用车零售市场仍保持了上涨势头。截至5月31日，汽车报废更新及以旧换新补贴申请量累计达到412万份， 持续推动汽车消费。 在政策和促销的双重作用下，经销商客流及成交情况好转，经销商库存水平处于警戒线以下。综合预 计，根据中国汽车流通协会乘联分会的统计，6月份乘用车终端销量208.5万辆，以此测算，6月末汽车经销商 库存总量大致在295万辆左右。 二、高端豪华及进口、合资品牌库存系数环比上升，自主品牌环比微降 2025年7月10日，中国汽车流通协会发布2025年6月份"汽车经销商库存"调查结果：6月份汽车经销商综合 库存系数为1.42，环比上升2.9%，同比上升1.4%，库存水平处于警戒线以下，但高于合理区间。 一、6月份库存系数同比、环比上升 高端豪华&进口品牌库存系数为1.38，环比上升5.3%；合资品牌库存系数为1.26，环比 ...

Contents 说明 批发销量：国内外批发销量 点 击 蓝 字 关 注 我 们 本文为中国汽车流通协会乘用车市场信息联席分会发布的权威深度市场分析报告，涵盖了： 一、总体市场 二、车型大类细分市场 三、国别细分市场 四、品牌定位细分市场 五、价格定位细分市场 冒求 狭义 乘用车: 轿车、MPV、SUV 轿车、MPV、SUV、微客 数据来源:中国汽车流通协会乘用车市场信息联席分会月报表(产量,零售,批发,出口,获义汇总,广义汇总) 终带 末计入份额低于2%的细分市场 豪华品牌指:弈跑、宝马、奥迪、削迪拉克、捷豹、路虎、沃尔沃、英菲尼迪、讴歌、特斯拉 以起步市场指导价划分,分为≥30万及<30万元两档,≥30万为高端 NEV = BEV(含FCV) + PHEV + EREV 总体市场 ◆狭义乘用车产销情况- -2025年6月及累计 -2025年6月及累计 ◆广义乘用车产销情况 车型大类细分市场 ◆各车型大类市场份额变化 ◆不同级别车型大类增速、销量和份额 -- 2025年6月及累计 三.国别细分市场 ◆各国别市场份额变化 ◆各国别不同车型大类增速、销量和份额 -- 2025年6月及累计 四.品牌定位细分市场 ...

Domestic News - The State Council meeting highlighted irrational competition in the automotive sector, emphasizing the need for measures to regulate competition and promote high-quality development in the new energy vehicle industry. Key points include strengthening cost investigations, enhancing product consistency supervision, and ensuring major automakers fulfill payment commitments [4] - Chongqing plans to develop a pilot work plan for integrated vehicle-road-cloud systems, aiming to create a smart transportation network with comprehensive coverage and reliable services [5] - Two key projects in Shanghai, involving companies SKF and Fuyao, have signed agreements totaling nearly 1.7 billion yuan [6] - China FAW Group and Alibaba have launched a joint laboratory to develop a dedicated automotive industry model, focusing on optimizing computing architecture and data governance [7] - Chery has established a new automotive technology company in Shanghai with a registered capital of 80 million yuan, focusing on automotive parts and AI software development [8] - NIO Energy is set to achieve its 80 millionth battery swap, marking a significant milestone in its service network [9][10][11] - BAIC Group announced plans to launch multiple new and updated models in the second half of 2025, following a 6% year-on-year increase in vehicle sales in the first half [12][13] - Li Auto has completed its "Nine Vertical and Nine Horizontal" high-speed charging network, with a charging station every 152 kilometers [14] Foreign News - General Motors will relocate the production of the Cadillac Escalade to Michigan, as part of a $4 billion investment plan to increase production of fuel trucks and SUVs [15] - German company MOTOR Ai has secured $20 million in seed funding to develop its Level 4 autonomous driving software, aiming for deployment on public roads [17] - Malaysia's automotive production fell by 10.1% in the first half of 2025, with both commercial and passenger vehicle outputs declining [18] - Ford plans to expand its passenger vehicle lineup in the European market, reversing a previous trend of focusing on light commercial vehicles [19] - SAIC-GM Wuling launched its first electric commercial vehicle in Indonesia, priced at approximately 131,800 yuan [20] - Dongfeng Commercial Vehicle and Ningbo Zhenhai Petrochemical have entered a strategic cooperation to enhance their operational synergy [21] - Guizhou Liupanshui will provide subsidies of up to 200,000 yuan for new hydrogen fuel cell heavy trucks purchased and operated for over a year [23] - The second phase of the national subsidy policy for replacing old trucks will resume this month, offering substantial incentives for owners who switch to new energy vehicles [24][25]

Core Viewpoint - In June 2025, Shanghai's total vehicle registration reached 40,907, marking a year-on-year increase of 15.17% and a month-on-month increase of 7.42% [3][4]. Vehicle Registration Summary - **Total Vehicle Registration**: 40,907 in June 2025, with a year-on-year growth of 15.17% and a month-on-month growth of 7.42% [3][4]. - **Breakdown by Vehicle Type**: - **Imported Passenger Cars**: 2,401 units, down 0.41% month-on-month and down 6.83% year-on-year [4][9]. - **Domestic Passenger Cars**: 4,108 units, up 7.20% month-on-month and up 2.85% year-on-year [4][10]. - **Small Passenger Cars (excluding sedans)**: 6,844 units, down 1.81% month-on-month and down 2.88% year-on-year [4][11]. - **New Energy Passenger Cars**: 25,300 units, up 10.39% month-on-month and up 22.28% year-on-year [4][12]. - **Large Buses**: 468 units, up 146.32% month-on-month and up 257.25% year-on-year [4]. - **Small Trucks**: 865 units, up 6.53% month-on-month and up 46.86% year-on-year [4]. - **Large Trucks**: 921 units, down 2.64% month-on-month and up 87.96% year-on-year [4]. Year-to-Date Registration Performance - **Total Year-to-Date Registration**: 211,989 units from January to June 2025, reflecting a year-on-year decrease of 4.57% [4]. - **Year-to-Date Breakdown**: - **Imported Passenger Cars**: 15,887 units, down 21.09% year-on-year [4][9]. - **Domestic Passenger Cars**: 23,345 units, down 23.40% year-on-year [4][10]. - **Small Passenger Cars (excluding sedans)**: 40,973 units, down 20.37% year-on-year [4][11]. - **New Energy Passenger Cars**: 119,081 units, up 7.86% year-on-year [4][12]. - **Large Buses**: 1,449 units, up 45.05% year-on-year [4]. - **Small Trucks**: 5,127 units, up 29.37% year-on-year [4]. - **Large Trucks**: 6,127 units, up 29.84% year-on-year [4].

Group 1: Overview of the Automotive Market - From July 1 to 13, the national retail sales of passenger cars reached 571,000 units, a year-on-year increase of 7%, but a month-on-month decrease of 5%. Cumulative retail sales for the year reached 11.473 million units, up 11% year-on-year [1][4] - In the same period, wholesale sales of passenger cars were 555,000 units, a year-on-year increase of 34% and a month-on-month decrease of 7%. Cumulative wholesale sales for the year reached 13.835 million units, up 13% year-on-year [1][6] Group 2: New Energy Vehicle Market - Retail sales of new energy vehicles from July 1 to 13 reached 332,000 units, a year-on-year increase of 26%, with a retail penetration rate of 58.1%. Cumulative retail sales for the year reached 5.801 million units, up 33% year-on-year [1][4] - Wholesale sales of new energy vehicles were 316,000 units, a year-on-year increase of 37%, with a wholesale penetration rate of 56.9%. Cumulative wholesale sales for the year reached 6.763 million units, up 37% year-on-year [1][4] Group 3: Market Trends and Predictions - The automotive market is expected to enter a consolidation phase in July, with a longer summer break anticipated. The retail sales in July have shown a trend of being less affected by seasonal factors in recent years [4][5] - The replacement rate in the industry has stabilized above 60% since February 2025, becoming a major driving force for the passenger car market [4] Group 4: Pickup Truck Market Analysis - In June 2025, the pickup truck market sold 48,000 units, a year-on-year increase of 7.5%, with a total of 307,000 units sold in the first half of the year, up 16.4% year-on-year [7][8] - The demand for pickups is primarily concentrated in the southwest and northwest regions, accounting for 44.5% of total demand [7] Group 5: Electric Vehicle Development - The development of electric vehicles is seen as a comprehensive competitive advantage for the industry, with significant room for technological innovation. The relationship between electrification and intelligence is viewed as symbiotic, where intelligence enhances electrification [10][11] - The production of power and other batteries in June reached 129.2 GWh, a year-on-year increase of 51.4%, with a cumulative production of 697.3 GWh in the first half of the year, up 60.4% year-on-year [12][13] Group 6: Sales Progress and Forecast - The sales progress for the first half of 2025 indicates that the domestic fuel vehicle sales reached 48%, new energy vehicle sales reached 40%, and exports reached around 45%, which aligns well with annual targets [14]

Domestic News - In Q2 2025, the automotive manufacturing industry's capacity utilization rate was 71.3%, lower than the national average of 74.0% [4] - BYD announced the launch of its full brand's mobile connectivity feature, compatible with major domestic smartphone brands, enhancing the in-car experience [5] - Geely Auto signed a merger agreement with Zeekr Technology, with Geely acquiring all outstanding shares of Zeekr, allowing shareholders to choose cash or stock as compensation [6] - FAW Toyota has initiated the development of the next-generation smart cockpit, expected to be released in 2026, integrating AI for enhanced interaction [7] - NIO announced the completion of a battery swap station in Dingri, Tibet, which is the highest battery swap station in the world at 3,947 meters [8] - CATL announced a strategic partnership with T3 Mobility to explore optimization strategies for Robotaxi operations [9] - Baidu's autonomous driving unit plans to deploy thousands of self-driving cars globally in partnership with Uber [10] - BASF's high-nickel ternary materials for solid-state batteries have entered mass production this year [11] International News - In Canada, new car sales increased by 4.3% in the first half of 2025, reaching 958,214 units, with a 6.4% increase in Q2 [12] - The UK government announced a £650 million electric vehicle subsidy plan, providing up to £3,750 per eligible electric vehicle to promote adoption [13] - Panasonic opened a $4 billion battery factory in Kansas, its second in the U.S., expected to create 4,000 jobs [14] - Rivian and Google have collaborated to develop a customized version of Google Maps for electric vehicles [15] Commercial Vehicles - Inner Mongolia is focusing on developing the hydrogen energy equipment manufacturing industry, with specific cities designated for various aspects of hydrogen production and technology [16] - BYD has begun the expansion of its commercial vehicle factory in Hungary, adding 29,000 square meters of smart production facilities [18] - Faurecia has been selected as one of the first companies for the national trusted data space innovation development pilot program [19] - Guangzhou announced annual subsidies of up to 100,000 yuan for hydrogen fuel cell heavy trucks, with specific mileage-based compensation [20][21]

Industry Information - In the first five months, Shaanxi's new energy vehicle exports increased by 173%, with an export volume of 155,000 units, ranking third in the country [9] - China Carbon Neutrality signed a strategic cooperation agreement with Beijing Blue Ocean, with a total investment expected to reach 10 billion yuan [9] - The Ministry of Industry and Information Technology announced that by the end of 2024, the total number of charging infrastructure in the country is expected to reach 12.818 million units [14] - The National Development and Reform Commission reported that the total number of charging facilities in the country will exceed 100,000 by the end of 2027 [29] - The production and sales of electric vehicle batteries in June showed significant growth, with a total production of 129.2 GWh, a year-on-year increase of 51.4% [20] Company Information - BYD plans to start assembling electric vehicles in Brazil this month [5] - NIO's cumulative delivery volume has surpassed 800,000 units [5] - Huawei's HarmonyOS Intelligent Driving brand is building a dedicated sales network to enhance market competitiveness [11] - Gotion High-Tech has delivered over 52,000 battery systems for Chery's hybrid and extended-range vehicles in the first half of the year [16] - Tesla officially entered the Indian market, with all vehicles sourced from its Shanghai factory [5]

Core Viewpoint - The article discusses the ongoing "involution" competition in the Chinese automotive industry, highlighting the negative impacts of price wars initiated by companies like BYD, and the government's response to promote healthy industry development [3][10][14]. Group 1: Background and Current Situation - The automotive market has entered a new round of price wars, with BYD launching a promotional campaign that significantly reduced prices across multiple models, prompting other brands to follow suit [5]. - Over a dozen automotive brands have announced price cuts, indicating a widespread trend in the industry [5]. Group 2: Factors Contributing to "Involution" Competition - The decline in manufacturing costs due to supply chain efficiencies and technological advancements has enabled companies to engage in price wars, with BYD sacrificing component profits to maintain sales [7]. - The emergence of "involution" competition is driven by various factors, including policy changes, market dynamics, and ambitious sales targets that lead companies to resort to price reductions to boost sales [8]. Group 3: Impacts of "Involution" Competition - The ongoing price wars are causing profit growth in the automotive industry to decline, leading to increased accounts payable and extended payment cycles for companies [10]. - The pressure on upstream suppliers is resulting in deteriorating product quality, which in turn is causing an increase in consumer complaints [10]. Group 4: Government Response and Future Outlook - Multiple government departments are taking action to address "involution" competition, aiming to shift the focus of competition towards safety and technological innovation [11]. - A coordinated policy approach involving various government bodies is essential to promote healthy development in the automotive industry, with future market dynamics expected to prioritize product quality, technology, and service over price competition [12][14].