Level 3 autonomous vehicles

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China sets 2025 auto sales target below association forecast, vows tighter regulation
Yahoo Financeยท 2025-09-13 03:59
Group 1 - China's vehicle sales target for 2025 is set at 32.3 million units, lower than the 32.9 million units projected by the China Association of Automobile Manufacturers (CAAM) [1] - The target for new energy vehicle sales is 15.5 million units, representing an approximate 20% increase from the previous year, compared to CAAM's forecast of 16 million units [2] - The plan includes conditional approval for Level 3 autonomous vehicles and aims to enhance road safety, insurance frameworks, and related regulations [2] Group 2 - A three-month campaign will be launched to combat false marketing and online irregularities in the automotive sector, following tightened regulations in May due to an ongoing price war affecting automakers, suppliers, and dealers [3]