Core Points - The article discusses the "Automobile Industry Stabilization and Growth Work Plan (2025-2026)" issued by eight government departments, aiming to achieve specific sales and production targets for the automotive industry [1][4][7] - The plan sets a target of approximately 32.3 million vehicle sales in 2025, a 3% year-on-year increase, with 15.5 million of those being new energy vehicles, representing a 20% growth [10][12] - The plan outlines 15 measures across four dimensions to boost domestic consumption, improve supply quality, optimize the development environment, and deepen international cooperation [1][3][13] Summary by Categories Sales and Production Targets - The plan aims for 32.3 million vehicle sales in 2025, a 3% increase year-on-year [10] - New energy vehicle sales are targeted at 15.5 million, with a growth rate of 20% [10] - The automotive manufacturing industry's added value is expected to grow by around 6% [11] Measures to Promote Growth - The plan includes measures to expand domestic consumption, enhance supply quality, and optimize the development environment [1][3] - Specific initiatives include accelerating the market expansion of new energy vehicles and promoting the consumption of automobiles through trade-in programs [13][14] - The plan emphasizes the importance of smart and connected vehicle technology and its industrial application [2][3][13] Regulatory and Competitive Environment - The plan aims to standardize competition within the automotive industry, including cost investigations and price monitoring [2][20] - It proposes to strengthen supervision of product consistency and encourage key enterprises to adhere to payment commitments [2][20] - The plan also addresses the need for a healthy market environment by combating false advertising and commercial defamation [2][20] Infrastructure and Technological Development - The plan highlights the need for improved infrastructure, including charging facilities for electric vehicles [17][18] - It encourages the integration of smart technologies in vehicles and the development of new business models based on data [2][3][17] - The plan supports the establishment of a digital transformation service system for the automotive industry [17] International Cooperation and Export Enhancement - The plan aims to enhance the quality and efficiency of automotive exports by encouraging R&D tailored to foreign markets [21][22] - It emphasizes the importance of international collaboration and participation in global automotive regulatory forums [26] - The plan seeks to improve the financing and logistics support for automotive enterprises engaged in international trade [22][23]

Core Insights - The Ministry of Industry and Information Technology and seven other departments jointly released the "Automobile Industry Stabilization and Growth Work Plan (2025-2026)", aiming for approximately 32.3 million vehicle sales in 2025, a 3% year-on-year increase, with new energy vehicle sales targeted at around 15.5 million, representing a 20% growth [1][2] Group 1: Industry Goals - The plan sets a target for 2026 to maintain a stable and positive development trend in the industry, with further improvements in scale and quality [1][2] - In 2024, the automobile sales reached 31.436 million units, a 4.5% increase year-on-year, with new energy vehicle sales at 12.866 million units, up 35.5% [1] Group 2: Policy Measures - The plan includes 15 key initiatives across four dimensions: expanding domestic consumption, improving supply quality, optimizing the development environment, and deepening open cooperation [2][3] - Specific measures include promoting the consumption of new energy vehicles, supporting vehicle trade-in programs, and enhancing the second-hand vehicle market [2][3] Group 3: Technological Innovation - The plan emphasizes the industrialization of intelligent connected technology, including the integration of vehicle-road-cloud applications and the promotion of high-performance communication modules [3] - It aims to stimulate potential consumer demand through technological innovation, focusing on key technologies such as automotive chips and solid-state batteries [3] Group 4: Export and Financial Services - The plan proposes measures to enhance the quality and efficiency of automobile exports, including improving financial services for exports and optimizing logistics systems [4] - It encourages financial institutions to provide credit support and risk management services for automotive enterprises, addressing challenges such as currency fluctuations [4]

Investment Rating - The report maintains a positive investment rating for the automotive industry, particularly highlighting the performance of the robotics supply chain and suggesting a focus on leading companies and new opportunities [3]. Core Insights - The automotive sector's performance is primarily driven by the robotics supply chain, with catalysts expected to persist in the second half of the year. Traditional supply chains remain weak. The Ministry of Industry and Information Technology's "Automotive Industry Stabilization Growth Work Plan (2025-2026)" emphasizes the industrialization of intelligent connected technologies, including the conditional approval for L3 level vehicle production and accelerating breakthroughs in key technologies such as automotive chips, operating systems, artificial intelligence, and solid-state batteries. This indicates a shift in industry support from total volume logic to new technology logic [3][4]. Data Tracking - In August, new energy vehicle deliveries showed significant growth, with XPeng delivering 37,709 units, a year-on-year increase of 168.7%. BYD delivered 373,626 units, up 0.1% year-on-year, while traditional automakers like SAIC and Geely also reported substantial increases in sales [5][23][26]. - The average discount rate in late August was 9.9%, a decrease of 0.2 percentage points from earlier in the month, while the average discount amount was 22,198 yuan, down 344 yuan [5][27][28]. - The report recommends continued focus on electric vehicle manufacturers and traditional automakers with potential recovery, such as Jianghuai Automobile and SAIC [7]. Industry News - The report highlights several key developments, including the listing of Chery Automobile on the Hong Kong Stock Exchange and the launch of new models by various manufacturers, such as the LYNK & CO 10 EM-P and BYD's new SUV, the Titanium 7 [32][33]. - The retail sales of passenger vehicles in August reached 1.995 million units, a year-on-year increase of 4.6%, with new energy vehicles accounting for 110,100 units sold, up 7.5% year-on-year [32]. Market Performance - The automotive sector saw a weekly increase of 1.46%, ranking 17th out of 29 sectors. The overall market indices also showed positive growth, with the Shanghai Composite Index rising by 1.52% [10][36].

Core Viewpoint - The "Automobile Industry Stabilization and Growth Work Plan (2025-2026)" aims to achieve a target of approximately 32.3 million vehicle sales in 2025, with a year-on-year growth of about 3%, and approximately 15.5 million new energy vehicle sales, with a year-on-year growth of about 20% [1][7][8]. Summary by Sections Overall Requirements - The plan is guided by Xi Jinping's thought and aims to enhance the quality and efficiency of the automobile industry while expanding domestic consumption and optimizing the development environment [6]. Sales and Growth Targets - The plan sets a target of approximately 32.3 million vehicle sales in 2025, with a 3% year-on-year increase, and approximately 15.5 million new energy vehicles, with a 20% year-on-year increase. The manufacturing value added in the automobile sector is expected to grow by about 6% [7][8]. Work Measures - The plan outlines 15 work measures across four dimensions: expanding domestic consumption, improving supply quality, optimizing the development environment, and deepening international cooperation [3][8]. - Specific initiatives include accelerating the marketization of new energy vehicles, promoting consumption, and advancing the industrial application of intelligent connected technologies [8][9]. Quality Improvement - The plan emphasizes technological innovation to stimulate potential consumer demand and improve product quality through standard upgrades [10][11]. - It aims to stabilize the supply chain and enhance the digital and intelligent transformation of the automobile industry [11][12]. International Cooperation - The plan encourages enhancing the quality and efficiency of automobile exports and improving financial services for the automotive supply chain [14][15]. - It promotes international collaboration and the establishment of a comprehensive service platform for the automotive industry [15]. Support Measures - The plan includes measures for coordination, monitoring, and talent cultivation to ensure effective implementation [16][18].

Core Viewpoint - The article outlines the "Automobile Industry Stabilization and Growth Work Plan (2025-2026)" aimed at achieving key economic development targets for the automotive sector, emphasizing the promotion of new energy vehicles and the overall growth of the industry [1][5]. Summary by Sections Overall Requirements - The plan is guided by Xi Jinping's thoughts and aims to implement the spirit of the 20th National Congress of the Communist Party, focusing on stable progress, new development concepts, and enhancing domestic consumption while optimizing the development environment [6]. Main Goals - By 2025, the target is to achieve approximately 32.3 million vehicle sales, a year-on-year increase of about 3%, with new energy vehicle sales reaching around 15.5 million, a growth of about 20%. The automotive manufacturing industry's added value is expected to grow by around 6% [7]. Work Measures - **Expanding Domestic Consumption**: - Accelerate the market expansion of new energy vehicles, aiming for over 700,000 new energy vehicles in 25 pilot cities [8]. - Promote vehicle trade-in policies and enhance the second-hand vehicle market [9]. - Advance the industrial application of intelligent connected technologies [9]. - **Improving Supply Quality**: - Foster technological innovation to stimulate consumer demand and enhance product quality through standard upgrades [10]. - Ensure the stability of the industrial supply chain and promote digital transformation within the automotive sector [11][12]. - **Optimizing Development Environment**: - Improve infrastructure for charging and battery swapping, and reform industry management policies to enhance competition [13][14]. - Strengthen the management of vehicle scrapping and recycling [14]. - **Enhancing International Cooperation**: - Promote the quality and efficiency of automotive exports and improve financial services for export enterprises [15][16]. - Deepen multi-level international cooperation and enhance the influence of international standards [17]. Guarantee Measures - **Strengthening Coordination**: - Enhance inter-departmental coordination for the development of the new energy vehicle industry [18]. - **Monitoring Operations**: - Establish a monitoring and early warning mechanism for key enterprises and sectors [19]. - **Talent Development**: - Implement a talent strategy focusing on the needs of the new energy vehicle sector and enhance local talent cultivation [21].

Core Viewpoint - The joint issuance of the "Automobile Industry Stabilization and Growth Work Plan (2025-2026)" by eight government departments aims to boost the automobile industry, focusing on sales growth, particularly in the electric vehicle sector, and enhancing overall industry quality and efficiency [2] Summary by Relevant Categories Sales Targets - The plan targets an annual automobile sales volume of approximately 32.3 million units by 2025, representing a year-on-year growth of about 3% [2] - It aims for new energy vehicle sales to reach around 15.5 million units, with a year-on-year growth of approximately 20% [2] - The plan also emphasizes maintaining stable growth in automobile exports [2] Industry Growth - The automobile manufacturing industry's added value is expected to grow by about 6% year-on-year [2] - The industry is projected to maintain a stable and positive development trend in 2026, with further improvements in scale and quality [2] Strategic Measures - The work plan outlines four dimensions for achieving these goals: expanding domestic consumption, improving supply quality, optimizing the development environment, and deepening open cooperation [2] - Specific initiatives include accelerating the market expansion of new energy vehicles, promoting automobile consumption, and advancing the industrial application of intelligent connected technologies [2] - The plan includes three supporting measures: enhancing coordination, strengthening operational monitoring, and improving talent cultivation, along with over 60 detailed measures [2]

Core Viewpoint - The article discusses the "Automobile Industry Stabilization and Growth Work Plan (2025-2026)" released by the Ministry of Industry and Information Technology and other departments, aiming to enhance the automotive industry's growth through technological innovation and regulatory measures [1][6]. Summary by Sections Technological Innovation - The plan emphasizes accelerating breakthroughs in key technologies such as automotive chips, operating systems, artificial intelligence, and solid-state batteries to stimulate consumer demand and improve product performance [2]. Smart Connected Vehicles - It proposes the promotion of smart connected vehicle applications, including pilot projects for L3-level vehicle production approval and the integration of vehicle-road-cloud systems [3]. Sales and Production Goals - The target for 2025 is to achieve approximately 32.3 million vehicle sales, a year-on-year increase of about 3%, with new energy vehicle sales expected to reach around 15.5 million, growing by about 20% [4][7]. Market Regulation - The plan includes measures to regulate competition in the automotive industry, enhance cost investigations, and monitor prices to ensure a healthy market environment [5]. Background and Challenges - The automotive industry is described as a pillar of the national economy, facing challenges such as intensified foreign competition and insufficient effective demand, necessitating the implementation of this work plan [6]. Policy Measures - The plan outlines 15 key initiatives across four dimensions, including expanding domestic consumption and improving supply quality, with over 60 detailed measures [8]. New Work Approach - It highlights a new approach focusing on high-quality supply to lead and create demand, alongside digital and intelligent transformation in the automotive sector [8].

Core Viewpoint - The "Automobile Industry Stabilization and Growth Work Plan (2025-2026)" aims to achieve approximately 32.3 million vehicle sales in 2025, with a focus on increasing the sales of new energy vehicles (NEVs) to about 15.5 million, reflecting a 20% year-on-year growth [4][24][31]. Summary by Sections Main Goals - The plan targets achieving approximately 32.3 million vehicle sales in 2025, a year-on-year increase of about 3%, with NEV sales reaching around 15.5 million, a 20% increase [4][31][24]. - The automotive manufacturing industry's added value is expected to grow by about 6% year-on-year [4][31]. - The industry is projected to maintain a stable and positive development trend in 2026, with further improvements in scale and quality [4][31]. Specific Measures - **Expanding Domestic Consumption**: - Accelerate the market expansion of NEVs, including promoting electric public transport in 25 pilot cities and enhancing rural charging infrastructure [4][32]. - Support vehicle trade-in programs and optimize purchase restrictions in limited areas [4][32]. - **Enhancing Supply Quality**: - Focus on technological innovation to stimulate consumer demand and improve product performance [4][33]. - Upgrade standards for key components like NEVs and batteries to enhance product quality [4][33]. - **Optimizing Industry Development Environment**: - Improve infrastructure for charging and battery swapping, particularly in urban and rural areas [4][33]. - Reform management policies for vehicle production and enhance competition order within the industry [4][34]. - **Promoting International Cooperation**: - Encourage automotive companies to develop products suitable for foreign markets and enhance international marketing and after-sales service [4][35]. - Improve financial services for automotive exports and establish a comprehensive service platform for international cooperation [4][35]. Supporting Measures - Strengthen coordination among departments to implement the plan effectively [4][36]. - Monitor industry operations and provide timely support to address challenges faced by enterprises [4][36]. - Enhance talent cultivation in the NEV sector to meet future demands [4][36].

Core Viewpoint - The automotive industry is a crucial driver of technological revolution and industrial transformation, and it plays a significant role in building a strong manufacturing nation and supporting the national economy. The current external environment is increasingly complex, with challenges such as unilateralism and protectionism impacting supply chain stability. The Ministry of Industry and Information Technology and seven other departments have issued the "Automotive Industry Stabilization Growth Work Plan (2025-2026)" to address these challenges and promote the development of smart connected new energy vehicles, enhance domestic consumption, and deepen international cooperation [1]. Group 1 - The plan aims for total automotive sales of approximately 32.3 million units in 2025, representing a year-on-year growth of about 3%, with new energy vehicle sales targeted at around 15.5 million units, reflecting a year-on-year growth of about 20% [3]. - The automotive manufacturing industry's added value is expected to grow by approximately 6% year-on-year [3]. - The plan emphasizes the need to accelerate the marketization of new energy vehicles and promote electric vehicle pilot projects in public sectors across 25 cities, targeting the addition of over 700,000 new energy vehicles in public transport, taxis, and logistics [3]. Group 2 - The plan includes measures to boost automotive consumption, such as supporting vehicle trade-in programs and promoting the replacement of old vehicles, particularly in the context of new energy city buses and battery updates [4]. - It encourages the optimization of purchase restrictions in areas with such policies and aims to transition from purchase management to usage management [4]. - The plan also promotes the development of the second-hand car market through measures like "reverse invoicing" and facilitating cross-regional transactions [4]. Group 3 - The plan outlines the need to standardize competition within the automotive industry, including strengthening cost investigations and price monitoring, and ensuring compliance with payment commitments by key automotive enterprises [6]. - It aims to address online misconduct in the automotive sector and regulate the release of industry data to maintain a healthy market environment [6]. - The plan emphasizes the importance of managing the scrapping and recycling of vehicles, including the establishment of a recycling system for new energy vehicle batteries [7]. Group 4 - The plan proposes optimizing industry management policies, including reforms in vehicle production enterprise and product access management, and revising technical requirements in line with new technologies [7]. - It supports the group management of automotive production enterprises to enhance resource allocation efficiency and encourages leading companies to strengthen their market positions [7]. - The plan also aims to improve regulations surrounding intelligent connected vehicles and promote the legislative process for vehicle production access management [7].

校对 赵琳 编辑 朱玥怡 新京报贝壳财经讯 9月13日，工业和信息化部等八部门印发《汽车行业稳增长工作方案（2025—2026 年）》，方案提出，推动智能网联技术产业化应用。深入开展智能网联汽车"车路云一体化"应用试点， 加快网联基础设施和云控平台建设，鼓励汽车前装V2X、5G等高性能通信模块，加快推进北斗系统规 模化应用，促进物流、环卫、出行服务等多场景应用，鼓励重点地区逐步拓展跨区域协同应用。推进智 能网联汽车准入和上路通行试点，有条件批准L3级车型生产准入，推动道路交通安全、保险等法律法 规完善。支持汽车、信息通信、交通等行业企业以数据为纽带探索新型商业模式，加快多元化价值链培 育。 ...