【联合发布】2025年1月乘用车新四化指数为48.0

Core Viewpoint - The article discusses the "New Four Modernizations Index" for passenger vehicles in China, which aims to monitor the development of the domestic passenger car market in terms of electrification, intelligence, and connectivity, and to predict future trends based on historical data [1][6]. Summary by Sections New Four Modernizations Index - The New Four Modernizations Index consists of three sub-indices: Electrification Index, Intelligence Index, and Connectivity Index [4][8]. - As of January 2025, the overall New Four Modernizations Index is 48.0, with the Electrification Index at 41.5, the Intelligence Index at 4.3, and the Connectivity Index at 26.1 [2][9]. Recent Trends - The Electrification Index of 41.5 in January 2025 is the lowest level in the past 10 months [4]. - The Intelligence Index remains stable at 4.3 compared to the previous month [5]. - The Connectivity Index has slightly decreased compared to the previous month [9]. Market Performance - In January 2025, retail sales of passenger vehicles reached 1.794 million units, a year-on-year decline of 12.1% and a month-on-month decline of 31.9%. However, the retail sales of new energy vehicles increased by 10.5% year-on-year, totaling 744,000 units, despite a month-on-month decline of 42.9% [6]. - The overall market performance is affected by the Spring Festival holiday, leading to a noticeable decline in various indices, except for the Intelligence Index [6]. Future Outlook - The article suggests that with the launch of more significant new energy models and the performance of popular models, the indices are expected to rebound to last year's high levels and potentially set new records in the coming months [6].