Domestic News - Guangxi government has launched a plan to support the replacement of old vehicles and appliances, aiming to boost sales of key products to over 38 billion yuan in 2025, with plans to scrap 4,700 old operational trucks and update 400 new energy city buses [3] - GAC Toyota unveiled a new technology platform that includes two dedicated new energy platforms and a new electronic architecture, aiming for 80% of its sales to be new energy vehicles by 2030 [4] - SAIC Motor showcased multiple smart electric vehicle models from its five brands at the 2025 Hong Kong International Auto and Supply Chain Expo [5] - Chery's Jetour brand is accelerating its deployment in the Hong Kong and Australia-New Zealand markets, with plans to introduce new energy products to the UK and Ireland [6] - GAC Group announced the launch of "Hong Kong ACTION" at the auto expo, introducing eight models and a global strategy for the Hong Kong market [7] - Li Auto and China Automotive Engineering Research Institute established a joint innovation center focused on intelligent acoustics, enhancing the driving experience for over 1.3 million families [8] - Yuanrong Qihang's VLA model, an advanced autonomous driving model, is set to enter mass production with five models expected to be launched this year [9][10] - Wuhan NIO Energy Company increased its registered capital from 784 million yuan to 1.784 billion yuan, marking a 128% increase [11] International News - Rho Motion reported a 24% year-on-year increase in global electric vehicle sales in May, reaching 1.6 million units, with strong performance in the Chinese market offsetting slower growth in North America [12] - Japan's new car sales in May reached 324,064 units, a 4% increase from the previous year, with a total of 1,952,294 units sold in the first five months of the year, up 11% [12] - Ionity plans to deploy 600 kW electric vehicle supercharging stations in Europe, indicating a significant advancement in charging technology [13] - American Axle will supply components for Volkswagen Group's upcoming electric models, including the Traveler SUV and Terra pickup, with production expected to begin in 2027 [14] Commercial Vehicles - Geely's remote commercial vehicles have been integrated into the "Big Bumblebee" taxi fleet in Hong Kong, with the first batch of vehicles delivered [15] - Shanghai has implemented a subsidy policy for scrapping old National IV and below trucks, offering up to 45,000 yuan for scrapping and 95,000 yuan for purchasing new operational trucks [16] - Dongfeng Liuzhou's new energy series was globally launched, showcasing its transition from a traditional manufacturer to a new energy logistics solution provider [17] - Chery's Zero Mi light truck is set to launch a new version with a 140 kWh battery, as discussed at a recent dealer conference [18]

Core Viewpoint - SAIC Group showcases its strong presence in the international automotive market with a diverse lineup of intelligent electric vehicles at the 2025 International Automotive and Supply Chain Expo in Hong Kong, emphasizing the strength and innovation of "Chinese manufacturing" [1] Group 1: International Expansion - SAIC Group is the earliest and most successful Chinese automotive company in terms of international expansion, having entered over 170 countries and regions with cumulative deliveries exceeding 6 million vehicles [3] - The company has maintained its position as the top Chinese automotive exporter for eight consecutive years, with overseas annual sales surpassing 1 million units for three years [5] Group 2: Sales Performance in Europe - In the first four months of 2025, SAIC Group sold 100,011 vehicles in the EU, UK, and Nordic countries, marking a year-on-year increase of 31.2%, leading all automotive companies in growth rate [5] - Despite the additional 35% tariff on Chinese-made electric vehicles, SAIC Group has sustained high sales in Europe by introducing hybrid models that are not affected by the tariffs [5] Group 3: Product and Technology Development - SAIC Group has launched its "Glocal Strategy," focusing on a combination of global and local approaches, planning to introduce 17 new overseas models in the next three years, including vehicles equipped with new HEV hybrid systems [9] - The i-Smart intelligent connected vehicle system has been activated in over 1 million units globally, showcasing SAIC's commitment to meeting local market demands with customized services [7]