Sales Performance - In April, the total sales of passenger vehicles reached 1.696 million units, a year-on-year increase of 10.1%, but a month-on-month decrease of 9.5% [4] - The sales of the new energy vehicle (NEV) market were approximately 871,000 units, outperforming the overall market with a year-on-year growth of 29.3%, but showing a month-on-month decline of 10.2% [4] - NEVs accounted for 51.3% of total passenger vehicle sales in April, a decrease of 0.4% from the previous month but an increase of 7.6% compared to the same month last year [4] New Energy Market Performance - In April, pure electric vehicle sales were about 550,000 units, up 34.5% year-on-year but down 14.0% month-on-month; plug-in hybrid sales were approximately 321,000 units, up 21.3% year-on-year and down 2.8% month-on-month [9] - Cumulatively, NEV sales reached 3.2 million units by 2025, with a year-on-year increase of 32.7% [9] Top 10 Cities for NEV Sales - The top 10 cities accounted for 25.5% of total NEV sales, an increase of 0.5% from the previous month; the top three cities remained the same: Guangzhou, Chengdu, and Shenzhen [10] - In terms of fuel type, pure electric vehicles dominated sales in the top 10 cities, with personal users being the primary buyers [10] - All top 10 cities, except Beijing (49.0%), had NEV penetration rates exceeding 50%, with Shenzhen leading at 66.1% [10] Pure Electric Market Analysis - The top three segments in the pure electric market were A0 class (18.8%), A-SUV (14.2%), and B-SUV (13.5%); A0 class and A-SUV saw a smaller decline compared to the overall market [14] - The market share of A0 class expanded from 14.3% to 18.8% year-on-year, while the A-class market share shrank from 15.0% to 8.3% [14] User Demographics in Pure Electric Market - In April, personal users accounted for 83.8% of pure electric vehicle sales, a year-on-year increase of 40.0%; unit users accounted for 7.5%, a year-on-year decrease of 48.2% [15] - Cumulatively, personal users made up 84.4% of the pure electric market, while unit users accounted for 7.3% [15] Industry Dynamics - Key industry events in April included Chery's launch of its global hybrid technology and open-source plan, as well as CATL's release of three new battery products [19][22] - Lantu Motors introduced its L3-level intelligent architecture, "Tianyuan Zhijia," aimed at enhancing safety and driving capabilities [21] Policy Developments - On April 28, the Ministry of Industry and Information Technology released the "2025 Automotive Standardization Work Points," which includes 23 items focusing on battery safety, autonomous driving technology, and automotive chip development [26][28]