Core Insights - The Chinese automotive industry aims to achieve a total vehicle sales target of approximately 32.3 million units in 2025, reflecting a year-on-year growth of about 3%, with new energy vehicle (NEV) sales projected at around 15.5 million units, representing a year-on-year increase of about 20% [5][4][1] Group 1: Industry Performance - In the first nine months of the year, automotive production and sales reached 24.43 million and 24.36 million units, respectively, marking year-on-year growth of 13.3% and 12.9% [2][1] - In September alone, production and sales exceeded 3 million units for the first time in history, with production at 3.276 million units and sales at 3.226 million units, showing year-on-year growth of 17.1% and 14.9% [1][2] - NEV production and sales surpassed 1.1 million units in the first nine months, with year-on-year growth exceeding 30%, and NEVs accounted for 46.1% of total new car sales [2][3] Group 2: Policy Impact - The "old-for-new" vehicle replacement policy has significantly stimulated market activity, with expectations that over 12 million vehicles will be replaced under this policy by the end of the year, directly driving new car sales worth nearly 1.7 trillion yuan [3][6] - The recent "Automobile Industry Stabilization Growth Work Plan (2025-2026)" outlines measures to ensure steady growth and high-quality development in the automotive sector, addressing challenges such as insufficient domestic demand and external complexities [4][5] Group 3: Future Outlook - The automotive industry is expected to see exports exceed 6.5 million units in 2025, with cumulative NEV sales projected to surpass 16 million units, indicating a better-than-expected overall market performance [2][5] - The plan includes 15 specific measures across four dimensions to enhance domestic consumption, improve supply quality, optimize the development environment, and deepen open cooperation [5][6]

Core Viewpoint - The Ministry of Industry and Information Technology, along with other departments, has issued the "Automobile Industry Stabilization and Growth Work Plan (2025-2026)", which outlines 15 measures across four dimensions to promote the growth of the automobile industry, particularly focusing on new energy vehicles and smart connected technologies [1]. Summary by Relevant Sections 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, representing a year-on-year growth of about 20%. The automobile manufacturing industry's added value is expected to grow by around 6% [2]. Domestic Consumption Expansion - The plan emphasizes the promotion of electric vehicles in public sectors, aiming for over 700,000 new energy vehicles in 25 pilot cities for public transport, taxis, and logistics [4]. - It includes initiatives for fuel cell vehicle demonstration applications and the promotion of mid-to-long-range fuel cell commercial vehicles [5]. - Reforms in new energy vehicle insurance and tax incentives are also highlighted [6][7]. - The plan encourages the expansion of automotive aftermarket consumption, including modifications, rentals, and recreational vehicles [8]. - It advocates for the optimization of purchase restrictions in limited purchase areas and the transition from purchase management to usage management [9]. Supply Quality Improvement - The plan calls for the implementation of major technological projects in the automotive sector, focusing on breakthroughs in key technologies such as automotive chips and solid-state batteries [11]. - It emphasizes the development of high-quality standards for new energy vehicles and related technologies, alongside enhanced industry regulation [12]. - The initiative includes fostering small and medium-sized enterprises within the automotive supply chain and promoting digital transformation in manufacturing [13]. Development Environment Optimization - The plan aims to improve the layout of charging and swapping facilities, particularly in rural areas, striving for comprehensive coverage [14]. - It encourages the adoption of new technologies in charging infrastructure and the establishment of a recycling system for power batteries [14]. - The initiative includes measures to regulate industry practices and ensure compliance with safety and environmental standards [14]. International Cooperation Enhancement - The plan encourages automotive and supply chain companies to develop products suitable for foreign markets and to collaborate with local enterprises [15]. - It promotes overseas expansion for vehicle manufacturers and the establishment of international supply chains [15]. - Financial institutions are encouraged to provide support for operational and investment financing to facilitate international operations [15].

Core Viewpoint - The Ministry of Industry and Information Technology, along with seven other departments, has issued the "Automobile Industry Stabilization Growth Work Plan (2025-2026)" to achieve key economic development goals in the automotive sector, focusing on expanding domestic consumption, improving supply quality, optimizing the development environment, and deepening open cooperation. Summary by Sections Overall Requirements - The plan aims to guide the automotive industry under the principles of Xi Jinping's thought, emphasizing stable progress, new development concepts, and the promotion of smart connected new energy vehicles [4]. 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 about 6% [5]. Work Measures - **Expanding Domestic Consumption** - Accelerate the market expansion of new energy vehicles, aiming for over 700,000 new energy vehicles in public transport and logistics in 25 pilot cities [6]. - Promote vehicle trade-in policies and enhance the second-hand car market [7]. - Advance the industrial application of smart connected technologies [7]. - **Improving Supply Quality** - Foster technological innovation to stimulate consumer demand and enhance product performance [8]. - Upgrade standards to improve product quality and safety [8]. - Ensure stability in the supply chain and enhance digital transformation in the automotive sector [9]. - **Enhancing Infrastructure** - Optimize the layout of charging and battery swap facilities, aiming for comprehensive coverage in rural areas [10]. - Reform industry management policies to improve efficiency and support leading enterprises [10]. - **Regulating Industry Competition** - Strengthen monitoring of production consistency and address issues related to supplier payments [11]. - Implement strict regulations on vehicle scrapping and recycling [11]. Enhancing International Cooperation - Improve the quality and efficiency of automotive exports by encouraging local partnerships and enhancing international marketing [12]. - Support financial services for automotive exports and optimize insurance offerings [12]. Guarantee Measures - **Coordination and Monitoring** - Establish a collaborative mechanism for monitoring industry dynamics and addressing challenges faced by enterprises [14][15]. - **Talent Development** - Implement strategies to cultivate talent in the new energy vehicle sector, including partnerships between research institutions and enterprises [16].

据工信微报公众号9月13日消息，为贯彻落实党的二十大和二十届二中、三中全会精神，按照中央经济工 作会议部署，努力实现汽车行业经济发展主要预期目标，工业和信息化部、公安部、财政部、交通运输 部、商务部、海关总署、市场监管总局、国家能源局等八部门近日联合印发《汽车行业稳增长工作方案 （2025—2026年）》。 《工作方案》提出， 2025年力争实现全年汽车销量3230万辆左右，同比增长约3% ，其中新能源汽车 销量1550万辆左右，同比增长约20%；汽车出口保持稳定增长；汽车制造业增加值同比增长6%左 右。2026年行业运行保持稳中向好发展态势，产业规模和质量效益进一步提升。 为实现上述目标，《工作方案》 从扩大国内消费、提升供给质量、优化发展环境、深化开放合作等4 个维度， 提出了加快新能源汽车全面市场化拓展、进一步加大力度促进汽车消费、推动智能网联技术 产业化应用等15条工作举措 ，以及加强统筹协调、强化运行监测、加强人才培养等3条保障措施，相 关的细化措施60余项。 .. [1] 11/2 1/1/2 汽车产业是推动新一轮科技革命和产业变革 的重要力量,是建设制造强国的重要支撑,是国 民经济的重要支柱。当 ...

Core Viewpoint - The Ministry of Industry and Information Technology, along with eight other departments, has issued the "Automobile Industry Stabilization and Growth Work Plan (2025-2026)", aiming for a modest growth in automobile sales and a significant increase in new energy vehicle sales over the next few years [1][3][4]. Summary by Sections Main Objectives - In 2025, the target is to achieve approximately 32.3 million automobile sales, a year-on-year increase of about 3%, with new energy vehicle sales reaching around 15.5 million, reflecting a growth of about 20%. The automobile manufacturing industry's added value is expected to grow by around 6% [6][5]. Work Measures - The plan outlines 15 specific measures across four dimensions: expanding domestic consumption, improving supply quality, optimizing the development environment, and deepening open cooperation [1][7]. Expanding Domestic Consumption - Accelerate the comprehensive market expansion of new energy vehicles, including initiatives for public electric vehicle trials, rural outreach programs, and the development of charging infrastructure [8][9]. Promoting Automobile Consumption - Increase support for vehicle trade-ins, optimize purchase restrictions in cities, and enhance the second-hand vehicle sales process [10][11]. Advancing Intelligent Connected Vehicles - Promote the integration of intelligent connected vehicle technologies and support the development of new business models [12][13]. Enhancing Supply Quality - Focus on technological innovation and standard upgrades to improve product quality and stimulate consumer demand [14][15]. Ensuring Supply Chain Stability - Implement actions for high-quality manufacturing development and monitor supply chain risks [15][16]. Digital and Intelligent Transformation - Promote the application of artificial intelligence in various operational scenarios within the automotive industry [15][16]. Infrastructure Improvement - Optimize the layout of charging facilities and promote new charging technologies [16][17]. Policy Optimization - Reform management policies for vehicle production and enhance competition order within the industry [18][19]. International Cooperation - Improve the quality and efficiency of automobile exports and enhance international marketing and after-sales service systems [21][24]. Logistics and Transportation - Develop logistics service guarantees for new energy vehicles and optimize transportation supply [26][28]. Coordination and Monitoring - Strengthen coordination, enhance operational monitoring, and focus on talent development within the industry [29].