Overall Market - The overall market for passenger vehicles includes ICE (Internal Combustion Engine), BEV (Battery Electric Vehicle), and PHEV (Plug-in Hybrid Electric Vehicle) [4] - In the first eight months of 2025, the total production and sales of vehicles reached 2,481,169 units, with a year-on-year growth of 13.5% [5] - The market share of new energy vehicles (NEV) in the overall market reached 23.1% in production and 23.5% in wholesale [5] Submarket Analysis - The new energy vehicle market is segmented into BEV and PHEV, with significant growth observed in both categories [4] - The retail sales of new energy vehicles in August 2025 reached 1,114,901 units, showing an increase of 8.8% compared to the previous year [5] Export Market - The export of new energy vehicles in the first eight months of 2025 totaled 499,341 units, reflecting a growth of 20.2% year-on-year [5] - The overall export market for vehicles, including complete vehicles and CKD (Completely Knocked Down), showed a positive trend with a total of 2,481,169 units exported [5] Manufacturer Performance - BYD remains the top manufacturer in the new energy vehicle segment, with wholesale sales of 371,501 units, marking a growth of 10.2% [21] - Tesla China reported a decline in wholesale sales by 4.0%, totaling 83,192 units [21] Vehicle Type Segmentation - In August 2025, the retail sales of new energy vehicles were dominated by SUVs, with 543,141 units sold, followed by sedans and MPVs [26] - The overall retail market for new energy vehicles showed a significant increase in the SUV segment, indicating a shift in consumer preference [26] Brand Positioning - The luxury brand segment, including brands like Mercedes-Benz and BMW, continues to maintain a strong presence in the market, with competitive sales figures [4] - The market is segmented into price ranges, with vehicles priced below 100,000 yuan showing a notable increase in sales [4] Country Positioning - The export market for new energy vehicles is expanding, with countries increasingly adopting electric vehicles, contributing to the growth of the export segment [20] - The penetration rate of new energy vehicles in the export market reached 43.5% in 2025, indicating a growing acceptance of these vehicles globally [20] Price Positioning - The price segmentation of vehicles shows that the demand for mid-range vehicles (100,000 to 300,000 yuan) is increasing, reflecting changing consumer preferences [4] - The overall market dynamics indicate a shift towards more affordable electric vehicles, which is expected to drive future growth [4]

点 击 蓝 字 关 注 我 们 本文全文共 3539 字，阅读全文约需 12 分钟 国内新闻 1.商务部等8部门:开展智能网联汽车准入和上路通行试点 2.汽车门把手强制性国标征求意见稿发布 3.湖北:襄阳、十堰建设智能网联汽车示范区 目录 4.郑州将发放5.6亿元购车补贴 5.奇瑞汽车正式在港交所上市 6.奔驰、Momenta联合研发新一代智能辅助驾驶 7.智己登陆挪威与埃及市场 四季度交付新车 8.比亚迪加速欧洲布局:匈牙利工厂年底投产 国外新闻 1.美国正式公告:实施美欧贸易协议 征收欧盟汽车15%关税 2.欧洲汽车工业协会发布2025年上半年报告 3.Waymo将推出企业版自动驾驶出行服务 4.英国8月汽车产量同比下降18.2% 商用车 时间:2025.9.25 来源: 一财资讯 1. 江淮1卡800V超高压轻卡联调成功 2. 中通客车在北欧成功破冰 3. 厦门金龙再度入选《亚洲品牌500强》 4. 哈萨克斯坦首批比亚迪电动客车下线 国内新闻 1 商务部等8部门:开展智能网联汽车准入和上路通行试点 时间:2025.9.25 来源:财联社 9月24日，商务部等8部门联合印发《关于大力发展数字消费共创数字时 ...

点 击 蓝 字 关 注 我 们 一、皮卡市场总体分析 2025年皮卡批发市场走势前低中高，相对于历年的春节较早，因此2025年2-3月的皮卡走势获得增量，4-8 月皮卡销量逐步下滑。 皮卡属于生产资料车型，在春节之前一般购买皮卡相对较少，春节之后的3-4月皮卡销售进入旺季，这也 是房地产、工程项目和单位购买的需求增长点。 乘用车的销量代表了中国消费者的生活品质以及追求，但是商用车的销量代表了中国小企业、小私营业 主的发展状况，只有商用车的需求上来了，基础民生问题得到解决，乘用车市场才能有恢复的可能。 1、历年皮卡市场逐月走势 本文全文共 3692 字，阅读全文约需 12 分钟 皮卡产销： 2025年8月皮卡市场销售4.0万辆，同比持平，环比下降3%，处于近5年的中高位水平。2025年 1-8月份皮卡市场销售36.9万辆，同增长7%。 长城汽车持续保持强势皮卡领军地位，国内外表现均较平稳。受出口持续同比增长促进，长城汽车、上 汽大通、郑州日产、长安汽车、江淮汽车表现较强。在国内皮卡零售市场，长城汽车、江铃汽车、郑州日产、 江西五十铃等表现较好，国内"皮卡一超三强"格局继续保持。皮卡市场的主力区域在西南、西北为主 ...

Group 1: Market Overview - From September 1 to 21, 2025, the national passenger car retail market reached 1.191 million units, a year-on-year increase of 1% and an 8% increase compared to the previous month. Cumulative retail for the year is 15.955 million units, up 9% year-on-year [2][5] - During the same period, wholesale of passenger cars reached 1.307 million units, showing no year-on-year growth but a 16% increase from the previous month. Year-to-date wholesale totals 19.349 million units, up 12% year-on-year [2][9] Group 2: New Energy Vehicles - Retail sales of new energy passenger vehicles from September 1 to 21 reached 697,000 units, a 10% year-on-year increase and an 11% increase from the previous month. The penetration rate for new energy vehicles is 58.5%, with cumulative retail for the year at 8.267 million units, up 24% year-on-year [2][5] - Wholesale of new energy vehicles during the same period was 724,000 units, also a 10% year-on-year increase and a 19% increase from the previous month. Year-to-date wholesale totals 9.668 million units, up 31% year-on-year [2][5] Group 3: Market Trends and Challenges - The market is experiencing a stable start in September 2025, with performance similar to 2023 but weaker than September 2024. The "trade-in" policy initiated in late July 2024 has positively impacted sales, but some regions are cautious about the sustainability of subsidies [5][6] - The introduction of new models at the Chengdu Auto Show has generated significant interest, but the overall contribution of new models is below expectations due to a lack of entry-level popular models [6] Group 4: Wholesale Trends - Daily average wholesale for passenger cars in the first three weeks of September showed a mixed performance, with a decline in the first week but growth in the subsequent weeks. The cumulative wholesale for the first 21 days is 1.307 million units, reflecting a 0% year-on-year change [9][10] - Major manufacturers are focusing on maintaining price stability and reducing dealer inventory pressure, indicating cautious optimism in domestic sales growth [9] Group 5: Commercial Vehicles - The domestic commercial vehicle market saw a 14% year-on-year increase in insurance data, with August sales reaching 246,000 units. Year-to-date sales for commercial vehicles are 2.01 million units, up 8% year-on-year [10][11] - The penetration rate of new energy commercial vehicles has significantly increased, reaching 25% in the first eight months of 2025, indicating strong growth in this segment [11] Group 6: Future Outlook - The "14th Five-Year Plan" anticipates a total automotive sales volume of 40 million units, with an average annual growth rate of 3%. The growth is expected to be driven by increased domestic demand and exports [12][13] - The potential for growth in the automotive market is attributed to the expansion into lower-tier cities, the impact of electrification on vehicle ownership cycles, and the increasing share of Chinese brands in international markets [13] Group 7: International Market Analysis - The Russian automotive market saw a significant increase in sales in 2024, with a total of 1.83 million units sold, but a decline in 2025. Chinese brands have captured over 60% of the market share in Russia, indicating strong performance [14][15] - Chinese automakers are adopting various strategies to enhance their presence in the Russian market, including local production and supply chain restructuring to mitigate risks associated with tariffs and delivery times [16]

Domestic News - The penetration rate of passenger cars with combined driving assistance systems in the new car market has exceeded 60%, with 7.76 million units sold from January to July, an increase of 5.7 million units and 40 percentage points compared to the same period in 2021 [2] - China is accelerating the construction of 20 "vehicle-road-cloud integration" pilot cities, with 17 national-level testing demonstration zones established and over 35,000 kilometers of testing roads opened [3] - Beijing is promoting the development of intelligent connected vehicles, focusing on high-standard construction of "smart" cities and enhancing core technology in key areas such as vehicle-grade chips and complex environment perception [4] - Mercedes-Benz and ByteDance have announced an upgraded strategic cooperation to promote the integration of artificial intelligence technology across various business areas [5] - FAW-Volkswagen has exported its first batch of 554 Magotan and Sagitar vehicles to the Middle East, marking a significant step in its overseas business strategy [6][7] - Ford has established a wholly-owned sales service company in China to manage marketing, sales, and service for its brand vehicles [8] - GAC Toyota's 2026 global car will deeply integrate into Huawei's terminal ecosystem, featuring Huawei's HiCar 5.0 and T-BOX communication module [9] - CATL has established a new company focused on the sales of new energy vehicles and related services [10] International News - Malaysia's new car sales slightly increased in August, rising from 72,580 units to 73,041 units year-on-year, supported by inventory improvements and new model launches [12] - California will not extend its electric vehicle tax credit policy, which could impact the market for electric vehicles in the state [13] - Hyundai plans to launch its first rear-wheel-drive luxury hybrid vehicle next year as part of its mid-to-long-term strategy [14] - Volvo Cars will produce a new model in the U.S. by 2030, adapting to tariff policies and enhancing production capacity [15] Commercial Vehicles - Cummins has launched new low-carbon power solutions for the non-road market, including a new generation hydraulic matching control system and a 19L methanol industrial engine [18] - Shaanxi Automobile has released its new energy light truck, featuring advanced technologies for improved range and reliability [19] - Beiqi Foton has signed an order for 125 heavy-duty trucks with a Southeast Asian mining client, marking a significant step in its market expansion [21] - Volvo Construction Equipment and Jiefang Power have officially launched a cooperation project aimed at enhancing global market presence and technological innovation [24]

点 击 蓝 字 关 注 我 们 目 录 行业自责 1、赛力斯、比亚迪、小米汽车等十多家车企宣布积极响应中汽协《汽车整车企业供应 商账款支付规范倡议》 2、国家统计局：我国 8 月 3D 打印设备、新能源汽车、工业机器人等产品产量同比分 别增长 40.4%、22.7%、14.4% 3、"澳车北上"持续升温 拱北海关备案车辆已超 5 万辆次 9、亿纬理能:已在固态电池领域进行技术布局,并做了相关产业规划 10、富士康旗下合资公司将于 12 月启动中东工厂建设 11、华为 ADS 4 智驾系统支持 WEWA 架构: 45EFLOPS 云端 AI 算力+10 亿公里高质 量训练数据 14、国家能源局:我国电动汽车充电基础设施（枪）总数达到 1734.8 万个,同比增长 53.5% 政策信息 4、新能源汽车险亏损现象正在逐步改善 5、蔚来旗下南京能源公司增资至 2.5 亿 增幅 1150% 6、北京新能源汽车保有量超 119 万辆 7、李家超：香港支持市场发展换电型电动车及自动化换电站技术 8、宁德时代签约 21 世纪创新研发与试验中试基地等多个项目 12、香港将批三个区域用于自动驾驶测试 13、孚能科技:公司第三代半 ...

Core Insights - The article discusses the significant growth in Over-The-Air (OTA) updates in the automotive industry, particularly highlighting the contributions from BYD and its sub-brands, which accounted for 54% of the total updates in August 2025 [4][13]. Industry Overview - In August 2025, the total number of updated features reached 1,403, a substantial increase from 1,031 in the previous month, marking the highest level since monitoring began [4]. - The increase in OTA updates is primarily driven by the BYD brand, focusing on "smart driving" and "vehicle-to-vehicle connectivity" [4]. New Forces - New force brands updated a total of 261 features in August 2025, a decrease from 382 in the previous month, indicating a shift in focus from new generation smart driving architectures to a more balanced distribution across smart driving and smart cabin modules [6]. Domestic Brands - Domestic brands collectively updated 1,079 features in August 2025, up from 631 in July, with a notable emphasis on smart driving capabilities, representing the highest proportion of smart driving upgrades in 25 years [13]. Joint Venture & Luxury Brands - Joint venture and luxury brands updated 63 features in August 2025, a significant increase from 18 in July, with seven brands participating in OTA updates, the highest number in a year. However, the updates were mostly routine, focusing on basic "ecosystem applications" and "system settings" [12]. OTA Iteration Speed - The article highlights the rapid iteration speed of OTA updates across various brands, showcasing the competitive landscape in the automotive sector [15]. OTA Operational Activities - Tengshi has initiated OTA experience camps for internal testing, with a stable incentive mechanism for participants, indicating a proactive approach to enhance user engagement and feedback [20][23]. - The company has also launched a long-term discussion topic on its app to encourage user interaction regarding OTA experiences, emphasizing the brand's commitment to innovation and customer satisfaction [25]. Upcoming OTA Updates - A detailed schedule of upcoming OTA updates for various brands and models is provided, indicating a robust pipeline of enhancements aimed at improving user experience and vehicle functionality [28][29]. User Feedback - User feedback from brands like Wei and Zeekr indicates mixed experiences with new features, particularly regarding the effectiveness of smart driving capabilities and the usability of new functions like memory parking and vehicle-to-vehicle navigation [31][33][42].

Domestic News - Five departments, including the Ministry of Industry and Information Technology, have issued a plan to increase product and application standards in key industries such as automotive, machinery, and home appliances, targeting an average annual growth of 4% in the steel industry over the next two years [7] - The State Administration for Market Regulation has revised and published national standards for urban public transport and car rental services, effective November 1, which include new requirements for car rental platforms to verify operators and prevent malicious competition [8] - Zhengzhou Airport Economic Comprehensive Experimental Zone has announced measures to support the production capacity of auto parts companies, offering financial rewards for achieving certain sales milestones [9] - Dongfeng Motor and Huawei have established a joint innovation laboratory to enhance digitalization and innovation in the automotive value chain [10] - FAW Group has acquired a 35.80% stake in Zhuoyue Technology, gaining joint control of the company [11] - CATL has signed a strategic cooperation agreement with the People's Government of Milin City, focusing on new energy projects and clean energy initiatives [12] - WeRide has partnered with Grab to launch the Ai.R autonomous driving service in Singapore, marking the first consumer-facing autonomous ride service in the region [13] - ZF has signed an investment agreement with Zhangjiagang Economic Development Zone to expand its local production capabilities in intelligent chassis technology [14] International News - Turkey has announced additional tariffs on imported vehicles, with traditional fuel and hybrid vehicles facing a 25% tariff, while plug-in hybrids and electric vehicles will incur a 30% tariff [15] - South Korea's automotive exports increased by 14.9% year-on-year in the first 20 days of September, despite an overall decline in daily exports due to new tariffs from the U.S. [16] - Porsche has decided to adjust the timeline for its electric platform development plan, extending the lifecycle of existing internal combustion engine models while introducing new hybrid models [17] - Tesla has begun construction on its first V4 Supercharger station in California, featuring 16 charging stalls and a new V4 charging cabinet [18] Commercial Vehicles - Shenzhen has launched its first megawatt supercharging station for electric heavy trucks, demonstrating a significant advancement in charging infrastructure for electric logistics [19] - A forum on the development of the second-hand commercial vehicle industry was successfully held, focusing on future growth paths and innovative models [20] - Scania has revealed its localization strategy in China, aiming to create a complete commercial ecosystem from R&D to sales and service [21] - Remote's alcohol-hydrogen electric technology has won two awards at the 2025 Engineering Machinery Brand Conference, highlighting its innovation and leadership in the industry [23]

Core Viewpoint - The article highlights the growth in tax revenue and public budget income in China for the first eight months of 2025, indicating a stable economic recovery and increased activity in various sectors, particularly manufacturing and capital markets [2][3][4]. Tax Revenue Summary - Tax revenue for the first eight months of 2025 increased by 2% year-on-year, with significant growth observed in July and August [2][3]. - Major tax categories such as domestic value-added tax, domestic consumption tax, corporate income tax, and personal income tax all showed positive growth [2]. - Manufacturing and financial sectors contributed to a robust tax revenue increase, with high-end manufacturing sectors like railways, shipbuilding, and aerospace seeing tax revenue growth exceeding 30% [2][3]. Public Budget Income and Expenditure - The general public budget revenue for the first eight months reached 148,198 billion yuan, reflecting a year-on-year growth of 0.3% [4][6]. - Tax revenue accounted for 121,085 billion yuan, with a slight increase of 0.02%, while non-tax revenue was 27,113 billion yuan, growing by 1.5% [6]. - Central government budget revenue decreased by 1.7% to 64,268 billion yuan, while local government revenue increased by 1.8% to 83,930 billion yuan [6]. Key Tax Revenue Items - Domestic value-added tax amounted to 47,389 billion yuan, growing by 3.2% [7]. - Domestic consumption tax reached 11,523 billion yuan, with a growth of 2% [8]. - Corporate income tax totaled 31,477 billion yuan, showing a modest increase of 0.3% [9]. - Personal income tax grew significantly by 8.9%, totaling 10,547 billion yuan [10]. - Notably, securities transaction stamp duty surged by 81.7%, amounting to 1,187 billion yuan [15]. Government Fund Budget - Government fund budget revenue for the first eight months was 26,449 billion yuan, a decrease of 1.4% [33]. - Fund budget expenditure increased significantly by 30%, totaling 62,602 billion yuan [34]. Foreign Investment Overview - In the first eight months of 2025, foreign investment in China reached 506.58 billion yuan, with a decrease of 12.7% year-on-year [35][38]. - The manufacturing sector attracted 129.03 billion yuan, while the service sector received 366.19 billion yuan in foreign investment [38]. E-commerce Development - E-commerce in China continued to grow steadily, with online retail sales increasing by 9.6% in the first eight months [41]. - The growth in online sales of digital products was particularly strong, with smart wearables, computers, and mobile phones seeing increases of 25.2%, 23.7%, and 20.2% respectively [41]. - The article also notes the significant role of artificial intelligence in enhancing e-commerce operations and consumer engagement [41].

Domestic News - In Guangdong, the production of new energy vehicles increased by 21.9% from January to August 2025, with the manufacturing sector growing by 2.6% overall [3] - Fujian Province's automobile export value reached 13.53 billion, marking a 55.9% increase in the first eight months of 2025, with significant growth in exports to the EU and Middle East [4] - Avita's Strategy 2.0 was launched, aiming for global sales of 400,000 units by 2027 and 800,000 units by 2030, with plans to introduce 17 new models by 2030 [5] - Xiaomi Auto is collaborating with Apple to enhance CarPlay experience, integrating features that allow seamless use of Apple services in their vehicles [6][7] - GAC Group signed an agreement to establish an assembly plant in Cambodia with an annual capacity of 15,000 units, expected to start production in January 2026 [8] - Li Auto added 768 new supercharging stations in the past three months, bringing the total to 3,219 stations across 264 cities [9] - NIO opened its 3,500th battery swap station in Hangzhou, achieving over 86 million battery swaps and expanding its charging network significantly [10] - WeRide and Pony.ai are set to launch autonomous driving services in Singapore, marking a significant step in the region's autonomous vehicle deployment [11][12] International News - Tesla received approval to test autonomous vehicles in Arizona, a crucial step for expanding its Robotaxi service [12] - BMW has begun trial production of its third-generation hydrogen fuel cell system, set to launch in 2028 [13] - Stellantis introduced a new electric vehicle battery that is lighter, charges faster, and does not require separate inverters or chargers [14] - Hyundai and General Motors plan to jointly develop five models for the Americas starting in 2028, aiming for an annual sales target of 800,000 units [15] Commercial Vehicles - The launch of the Remote Star F3E marks a new entry in the commercial vehicle market, focusing on long-range and efficient logistics solutions [16] - FAW Jiefang's Eagle series was unveiled, emphasizing large space, low weight, and low energy consumption across its full energy range [17] - GAC Commercial Vehicle's financial services successfully launched, providing flexible financing solutions to reduce operational costs for logistics companies [18] - Beiben Truck signed a strategic cooperation agreement with China Henan International Group to enhance service and support for overseas projects [19][20]