Zhong Guo Chan Ye Jing Ji Xin Xi Wang·2025-06-20 22:40Group 1: Industry Performance - In May, China's automobile production and sales reached 2.649 million and 2.686 million units, respectively, with month-on-month growth of 1.1% and 3.7%, and year-on-year growth of 11.6% and 11.2% [1] - In the same month, the production and sales of new energy vehicles (NEVs) were 1.27 million and 1.307 million units, showing year-on-year increases of 35% and 36.9%, with NEVs accounting for 48.7% of total new car sales [2] - From January to May, NEV production and sales totaled 5.699 million and 5.608 million units, reflecting year-on-year growth of 45.2% and 44% [2] Group 2: Market Dynamics - The automotive market is experiencing a "green transformation" driven by the "Two New" policies, with a focus on enhancing consumption vitality through new product launches and promotional events [2] - A collective action among major automotive companies aims to shorten payment terms to suppliers to within 60 days, addressing financial pressures and promoting a healthier industry ecosystem [3][6] Group 3: Regulatory Environment - The Ministry of Industry and Information Technology has emphasized the need for stricter regulations to combat industry chaos, including the establishment of new safety standards for NEVs and addressing hidden safety risks [4] - The China Automobile Industry Association has called for maintaining fair competition and addressing the negative impacts of price wars on consumer rights and industry health [4][5]