news flash·2025-07-25 00:24Core Viewpoint - CITIC Securities forecasts that the total sales of electric vehicles (EVs) in China will reach 16.5 million units in 2025 [1] Group 1: Sales Data - In June, the China Association of Automobile Manufacturers (CAAM) reported domestic sales of 1.329 million units, representing a year-on-year increase of 26.7% and a month-on-month increase of 1.7% [1] - According to the Passenger Car Association, the wholesale of new energy passenger vehicles reached 1.241 million units in June, with a year-on-year increase of 26.4% and a month-on-month increase of 1.6%, resulting in a penetration rate of 49.8% [1] - For July, domestic EV wholesale is expected to be 1.3 million units (including commercial vehicles), showing a year-on-year increase of 31.2% [1]