Strengthening National Auto Brands: FAW Group's Current Achievements and Future Vision

Domestic Brand Sales and Market Share

In 2024, FAW Group's domestic brands demonstrated remarkable performance. The group sold 819,000 self-developed vehicles, representing 14.7% year-on-year growth. The Hongqi luxury brand alone achieved 410,000 annual sales with 17.4% growth, marking seven consecutive years of positive growth.

The strong momentum continued into Q1 2025 with FAW Group selling 762,000 vehicles (2.5% increase). Domestic brands contributed 223,000 units (7.4% growth), while new energy vehicle sales surged to 59,000 units - an impressive 152% jump compared to previous year.

Technological Innovation and Core Breakthroughs

FAW Group has made significant strides in technological innovation. In 2024, Hongqi launched its "SIGHT 531" development strategy focusing on overcoming technical bottlenecks and achieving self-sufficiency in critical technologies. The group introduced two groundbreaking

China's EV Global Expansion: Performance and Challenges

Export Growth and Market Performance

China's electric vehicle exports continue their strong growth trajectory in 2025 despite facing multiple challenges. The first two months of 2025 saw 360,000 NEVs exported, representing a 26% year-on-year increase. Industry projections suggest China will maintain its position as the world's largest auto exporter with 5.58 to 6.2 million vehicles shipped globally this year, though growth rates are moderating compared to previous years.

Market Composition and Pricing Strategy

The export portfolio shows 96% passenger vehicles, with a significant shift toward premium segments. Vehicles priced between $20,000-$30,000 account for 42% of exports, while high-end models above $40,000 comprise 18% - demonstrating China's move beyond price competition to technology and brand-driven value. Notably, Chinese EVs exported to Belgium average over €30,000 per unit, confirming their competitive positioning in

Changan Auto Q1 2025 Sales Performance and Future Development Plans

Sales Performance

Changan Automobile achieved robust sales growth in the first quarter of 2025:

• Total Sales: Exceeded 700,000 units in Q1, with March sales reaching 268,100 units (3.5% YoY growth)
• NEV Models: Sold over 87,000 new energy vehicles in March (62% YoY growth)
• Overseas Markets: March exports surpassed 50,000 units (4.9% YoY growth)

Three Flagship NEV Brands

Changan's three new energy brands - Qiyuan, Deepal, and Avatr - are showing remarkable momentum:

Changan Qiyuan

Sold 15,300 units in March 2025 with cumulative sales exceeding 220,000 units, rapidly establishing market leadership.

Deepal Auto

Delivered 24,400 vehicles in March (86.7% YoY growth, 30% MoM increase). The brand leads in intelligent driving adoption with 92.7% of vehicles equipped with L2.5+ autonomous systems. The upcoming Deepal S09, a flagship 6-seater smart SUV, will launch soon.

Avatr

March sales exceeded 10,000 units with both YoY and MoM

U.S. 25% Auto Tariff Impact: Key Insights for Global Car Buyers and Dealers

How the New U.S. Tariffs Affect Chinese Automakers

While Chinese finished vehicle exports to the U.S. remain limited (approximately 116,000 units in 2024, primarily from American brands like GM and Ford), the real pressure falls on auto parts suppliers. China's auto component exports to the U.S. have been declining, with $8.33 billion shipped between January-November 2024, accounting for 10.6% of total U.S. auto parts imports. Chinese suppliers must now increase North American localization and U.S. sourcing to mitigate tariff impacts.

Major Challenges for Japanese, Korean and German Manufacturers

Japan (1.37 million units), Korea (1 million units) and Germany (550,000 units) face direct export reductions of 270,000, 200,000 and 160,000 vehicles respectively. These automakers now struggle to balance volume and profitability, forced to either raise prices or accelerate U.S. production - potentially leading to industrial

2025 BYD Song Plus DM-i: The Pinnacle of Chinese Hybrid Technology

Fuel Efficiency: Benchmark-Setting Hybrid Performance

The 2025 Song Plus DM-i features BYD's revolutionary fifth-generation DM-i hybrid technology, achieving an industry-leading 1.2L/100km combined fuel consumption under WLTC standards. The pure electric range has been significantly upgraded to 150km (NEDC cycle), making it ideal for daily commutes.

Pro Tip: For short urban commutes with charging access, pure electric mode delivers maximum savings. During long-distance travel, the hybrid system still outperforms conventional gasoline vehicles in fuel economy.

Driving Dynamics: Precision Engineering Meets Power

1. Enhanced Steering System: The upgraded EPS electric power steering delivers feather-light handling at low speeds while maintaining stability at highway speeds.

2. Optimized Pedal Response: Engineers have refined both throttle and brake systems for more linear power delivery and natural braking feel, eliminating

BYD Seagull 2025 vs. 2024: Key Upgrades for Global Buyers

2024 BYD Seagull

Exterior Design Refinements

The 2025 BYD Seagull features a simplified rear badge design, replacing the "BUILD YOUR DREAMS" text with a unified "BYD" logo for cleaner visual identity.

Wheel upgrades include new 16-inch Ice Crystal Dynamic alloy wheels for Freedom and Flyer trims, enhancing the car's sporty profile.

Technical Enhancements

New front-row Type A+C charging ports are added, with the Type-C port delivering 60W fast charging capability.

The 2025 model introduces smart power on/off functionality across all variants for improved convenience.

Interior & Comfort Improvements

The cabin receives upgraded fabric headlining that's both premium-looking and easy to maintain.

The Dune Pink interior option now features a monochromatic design for enhanced visual harmony.

Higher trims gain front seat heating and 6-way power adjustment for the driver's seat.

Safety & Features

Built on BYD's e-Platform 3.0, the Seagull

BYD Dolphin 2023 vs 2024: What's New in China's Best-Selling EV?

Exterior Design

2023 Model: Features a sporty, dynamic design with flowing lines that exude youthful energy. The body maintains BYD's "Ocean Aesthetics" philosophy, presenting a fresh and vibrant appearance.

2024 Upgrades: The new model shows refined details with more elegant body lines and a sophisticated presence. Key changes include:

• Body-color integrated front bumper (removes black "whisker" accents)
• Redesigned rear license plate area and light clusters
• New low-drag alloy wheels
• "Dolphin" badging on rear
• Improved aerodynamics

Interior & Comfort

2023 Model: Minimalist yet premium cabin with high-quality materials offering comfortable surroundings.

2024 Upgrades: Significant ergonomic improvements and tech enhancements:

• New Dark Night black interior theme
• Added front seat heating/ventilation
• 50W wireless phone charging
• Built-in ETC system
• Easy-Going interactive system for intuitive controls
• Expanded storage solutions

Performance

China's Used Car Export Market Analysis: Africa Focus

1. Overview of China's Used Car Export Market

The Chinese used car export market has experienced significant growth since its official launch in May 2019. By March 2024, the market was fully liberalized, with initial export operations starting in key regions including Beijing, Tianjin, Shanghai, Zhejiang (Taizhou), Shandong (Jining), and Guangdong.

From April 2019 to 2023, China exported a total of 367,000 used vehicles worth $8.74 billion. In 2023 alone, exports reached 274,500 units valued at $6.88 billion (approximately ¥43.9 million RMB at current exchange rates).

The market shows balanced exports between new energy vehicles (NEVs) and traditional fuel vehicles, with 138,000 NEVs and 136,000 fuel vehicles shipped. Notably, NEVs accounted for 60.6% of total export value due to their higher average prices.

Chinese used cars now reach over 160 countries and regions, with Belt and

Zhongtong Bus Expands Global Footprint with Record Chile Order and Strong Overseas Performance

Major Export Orders

On March 26, 2025, Zhongtong Bus celebrated the shipment of the first batch of 895 pure electric buses to Chile, marking the largest single export order of Chinese buses to Chile in recent years.

This shipment represents Zhongtong's third "super order" in three years. Previous major contracts include:

• 1,000 buses to Kyrgyzstan (May 20, 2023)
• 1,022 buses to Saudi Arabia (February 21, 2024)

Global Market Presence

As one of China's earliest bus manufacturers and a pioneer in new energy vehicle R&D, Zhongtong has established strong presence across multiple markets:

• Portugal: Largest NEV bus supplier
• Egypt: Pure electric buses operating at the Pyramids
• Singapore: Double-decker electric buses for public transport
• Operations across Central Asia, Middle East, Africa, Americas, and Europe

Recent Market Performance

• Saudi Arabia became Zhongtong's first overseas market to exceed 10,000

Changan Auto Enters European Market and the Global Outlook of "Made in Chongqing" Vehicles

Changan's European Market Strategy

Brand Launch and Market Expansion: On March 21, 2025, Changan Automobile held its European brand launch in Mainz, Germany, marking its official entry into the European market. The event showcased nine new models across its three brands (Changan, Deepal, and Avatr).

Market Plan: Changan plans to expand to at least 10 European regional markets by the end of 2025 and establish a comprehensive business presence across Europe by 2028. The company will set up its own national sales companies in Europe and plans to open up to 60 showrooms in the UK.

Localization Strategy: Changan will promote localized product R&D and manufacturing in Europe. Its European R&D team will deeply participate in product design and optimization to ensure vehicles meet European consumer preferences. The company may establish local manufacturing plants in Europe to reduce costs and improve supply