Zhong Guo Qi Che Bao Wang·2025-03-31 01:20Policy and Regulation - The Ministry of Commerce is accelerating the formulation of pilot work plans for automotive circulation and consumption reform, with over 1.5 million applications for vehicle trade-ins as of March 24 [2] - The Ministry of Ecology and Environment is revising heavy-duty diesel vehicle emission standards, proposing that hydrogen fuel engines be regulated similarly to gasoline engines, emphasizing pollution control and the prevention of harmful emissions [4][5] - Three departments are promoting the update of new energy city buses and power battery equipment, providing an average subsidy of 80,000 yuan per vehicle, with 42,000 yuan for battery replacements [6][7] - The Ministry of Ecology and Environment is seeking public opinions on optimizing motor vehicle environmental supervision, including differentiated emission inspection systems for heavy-duty diesel trucks [8][9] - The National Market Supervision Administration has approved the release of important national standards related to autonomous driving and vehicle communication, aiming to regulate technological development and safety applications [10][11] - The first national standard for public vehicle management has been implemented, focusing on data governance throughout the vehicle lifecycle [12] Domestic News - In 2024, 40% of vehicle recalls involved new energy vehicles, with a total of 233 recalls affecting 11.237 million vehicles, indicating a significant increase in recalls for new energy vehicles [15][16] - The China Automobile Association has called for industry companies to stop publishing weekly sales rankings to avoid fragmented information and misinterpretation [17][18] - A survey revealed that over 41% of automotive dealers are operating at a loss in 2024, reflecting ongoing market challenges [19][20] - The Passenger Car Market Information Joint Conference estimates that 5 million vehicles will be scrapped this year, with 10 million vehicles eligible for replacement, driven by policy incentives [21][22] International News - Japan's Prime Minister has indicated the possibility of retaliatory measures against U.S. automotive tariffs, which could escalate trade tensions and impact global automotive supply chains [24] - Mercedes-Benz is offering an attractive buyout plan to encourage voluntary employee departures, aiming to save 5 billion euros by 2027 [25][26] - Toronto has canceled subsidies for Tesla purchases due to strained trade relations between Canada and the U.S., affecting the electric vehicle market [27][28] - Germany has proposed a 500 billion euro fund for infrastructure development, targeting transportation and climate protection [29][30] - The U.S. is holding hearings to investigate traditional automotive chips from China, which may increase costs for car manufacturers [31][32] Corporate News - Li Auto plans to open-source its self-developed vehicle operating system, becoming the first automaker to do so, potentially fostering a collaborative ecosystem [34] - CATL has received approval for its Hong Kong listing, intending to issue up to 220 million shares, which may enhance its international presence and competitive edge [35] - Dongfeng Motor has launched its new energy vehicle brand "HEDMOS," marking a significant step in its transformation strategy [36][37] - NIO and CATL have signed a strategic cooperation agreement to develop a large-scale battery swap service network, with CATL planning a strategic investment in NIO [38][39] - BYD plans to raise approximately 43.5 billion HKD through a share placement, aiming to boost R&D and expand overseas operations [40][41]