Group 1 - The used car market in China is showing signs of growth, with a transaction volume of 6.3086 million vehicles and a transaction value of 413.437 billion yuan in the first four months of 2025, reflecting a year-on-year increase of 0.47% [1] - In April alone, the transaction volume reached 1.7013 million vehicles, up 1.33% year-on-year, with a transaction value of 110.221 billion yuan [1] - The development of the used car market is closely linked to the new car market, and a mature used car market can significantly promote the healthy development of the new car market [1] Group 2 - Industry experts are calling for improvements in used car inspection and valuation technologies, as well as the establishment of authoritative inspection agencies and third-party information platforms to facilitate secure transactions [3] - The transition from traditional brokerage models to dealership models is underway in the used car market, with policies encouraging automotive manufacturers to engage in the used car business, thereby revitalizing the market [3] - Recent policies in various regions, such as simplifying transaction registration procedures and establishing service platforms, aim to enhance the transparency of used car information [3] Group 3 - The penetration rate of used new energy vehicles has increased from 3.6% at the end of 2022 to 8.7% in March 2023, marking the highest level in three years [4] - In the first quarter of 2025, 306,500 used new energy vehicles were traded, representing a year-on-year growth of 24.8% [4] - The assessment of battery residual value is a critical challenge in the circulation of used new energy vehicles, necessitating the development of a recycling system for used batteries to extend the green industrial chain [4]