Xin Lang Cai Jing·2025-05-23 00:38Group 1 - The China Passenger Car Association predicts that retail sales of narrow passenger vehicles in May will reach approximately 1.85 million units, representing an 8.5% year-on-year increase and a 5.4% month-on-month increase, with new energy vehicle sales expected to reach 980,000 units, maintaining a penetration rate of about 52.9% [1] - Xiaomi officially launched its first SUV, the Xiaomi YU7, which is positioned as a "luxury high-performance SUV," with a planned release in July and a price expected to be around 300,000 yuan, contrary to speculation of 199,000 yuan [1] - BYD's electric vehicle sales in Europe surpassed Tesla for the first time in April, with 7,231 new electric vehicle registrations, marking a 169% year-on-year increase, while Tesla's registrations fell by 49% [1] Group 2 - Changan Automobile plans to launch 35 new smart vehicles over the next three years, with a focus on core technology iterations in the battery sector, aiming for solid-state battery validation by 2026 and a total battery capacity of 75 GWh by 2025-2026 [3] - A new automotive company, Jiangsu High合汽车有限公司, was established with a registered capital of approximately $143 million, focusing on vehicle production and automotive parts research and development [4] - Mercedes-Benz announced the establishment of its North American headquarters and a new R&D facility in Atlanta, consolidating key functions and transferring up to 500 jobs to the area [5] - Tesla's CEO Elon Musk expressed the company's willingness to license its Full Self-Driving (FSD) technology to other automakers, indicating ongoing discussions with several companies [5]