Core Insights - JD.com launched the "National Good Car" auction on October 22, attracting over 200,000 participants within an hour, with the highest bid exceeding 25 million [1][3] - The "National Good Car" was developed in collaboration with GAC Group and CATL, focusing on user insights and sales channels without direct involvement in manufacturing [1] - The auction started with a minimum bid of 1 yuan, and the vehicle's core specifications include over 70% high-strength steel and superior performance metrics compared to competitors [3][4] Auction Details - The auction saw rapid price increases, reaching 100,000 yuan within seconds and exceeding 1 million yuan in just one minute, with bids surpassing 10 million yuan in 16 minutes [3] - As of 14:50, over 1,100 participants had placed bids, and the auction price had reached 25 million yuan, indicating high interest and engagement from the public [3][4] - Participants are required to pay a 100 yuan deposit, which is forfeited if they cancel their order after payment [4]