Core Viewpoint - The article discusses the recent trends in the Chinese passenger car market's intelligence index, highlighting a decline in the overall intelligence index and its components, while also indicating potential recovery due to policy changes and market dynamics [3][12]. Summary by Sections Overall Intelligence Index - The passenger car intelligence index for July 2025 is reported at 34.2, marking a decrease of 1.4 units from the previous month, ending a continuous growth trend observed from April to June [12]. - The decline is attributed to seasonal sales fluctuations and a significant drop in Tesla's domestic sales, which fell by 34% in July [12]. Component Indices - The smart cockpit index stands at 36.5, experiencing a month-on-month decrease of 1.7 units, halting its previous growth trend [7]. - The smart driving index is recorded at 38.4, with a slight decline of 1.3 units, indicating a minor retreat from its earlier upward trajectory [9]. - The external smart index remains lower at 16.5, reflecting the emerging nature of this area [3]. Market Performance - In July 2025, the retail sales of passenger cars reached 1.844 million units, showing a year-on-year increase of 7.3% but a month-on-month decline of 11.6% [12]. - The retail sales of new energy vehicles amounted to 987,000 units, with a year-on-year growth of 12.0% but a month-on-month decrease of 11.2% [12]. Future Outlook - Despite the current downturn, the article suggests that the intelligence index may recover in August due to the resumption of national subsidy policies, which could provide structural benefits to the market [12]. - The article emphasizes the importance of continuously updating the intelligence index to better reflect market dynamics and set mid-term development goals [12].

Core Viewpoint - The article discusses the development of the passenger car market's intelligence index in China, highlighting the growth trends and future expectations for smart vehicles, particularly focusing on the smart cockpit, smart driving, and external smart indices [3][12]. Summary by Sections Smart Car Intelligence Index - As of June 2025, the passenger car intelligence index reached 35.6, an increase of 1.8 units from the previous month, indicating a sustained upward trend [12]. - The smart cockpit index was 38.2, showing a stable growth of 1.6 units month-on-month [8]. - The smart driving index significantly increased by 3.2 units to 39.7, reflecting a strong growth momentum [9]. - The external smart index decreased slightly by 0.8 units to 17.0, indicating a minor pullback from previous growth [12]. Market Performance - In June 2025, the retail sales of passenger cars in China reached 2.085 million units, representing a year-on-year growth of 18.2% and a month-on-month increase of 7.6% [12]. - The retail sales of new energy vehicles amounted to 1.112 million units, with a year-on-year growth of 29.8% and a month-on-month increase of 8.2% [12]. Future Expectations - The article anticipates that the passenger car market will continue to experience growth in July 2025, with the intelligence index expected to maintain a steady upward trend [13]. - The intelligence index is designed to adapt and set mid-term development goals based on the characteristics of each sub-index, ensuring continuous improvement in monitoring market dynamics [13]. Index Composition and Calculation - The passenger car intelligence index consists of one primary index and three secondary indices: smart cockpit index, smart driving index, and external smart index [6][15]. - The calculation method for the intelligence index incorporates weighted contributions from the smart cockpit, smart driving, and external smart indices [16]. Weighting Factors - The smart cockpit has a weight of 47.5%, reflecting its immediate impact on user experience and purchase decisions [18]. - The smart driving index is weighted at 37.5%, indicating its long-term transformative potential for the automotive industry [19]. - The external smart index is assigned a weight of 15.0%, representing its emerging role in enhancing vehicle interaction with the environment [22].