China’s Automotive Market Weekly Report — May 4, 2025
As of May 26, 2025, the China Quality News Network reported that the automotive market has seen a significant increase in new vehicle registrations. Notably, major automotive companies have released various updates and announcements regarding their new models and production plans.
Honda recently announced its plans for electric vehicle production, with a focus on strengthening its lineup of battery electric vehicles (BEVs). The company aims to enhance its electric offerings with two main strategies: focusing on intelligent drive systems, and improving the performance of pure electric vehicles and hybrid electric vehicles.
By 2030, Honda expects that the sales of its pure electric vehicles will surpass the previously set target by 30%. Additionally, Honda plans to launch a new generation of hybrid vehicles after 2027, which will form a significant part of its product portfolio in the growing electric vehicle market.
In terms of new model launches, the N9 SUV was unveiled on May 21, featuring remarkable specifications, including a 2.0T turbocharged engine with a maximum power output of 152 kW. The vehicle is designed for efficient performance, boasting a combined electric range of over 1300 km.
According to the sales report from Xiaopeng Motors, the company achieved a staggering 158.1 billion yuan in revenue for the first quarter of 2025, indicating a substantial growth of 330.8% compared to the previous year. They are on track to deliver between 102,000 to 108,000 vehicles in the second quarter.
Moreover, Xiaopeng Motors has expanded its electric vehicle charging network, aiming to have over 2,115 charging stations operational by the end of the year. This expansion is crucial for supporting the anticipated growth in electric vehicle sales.
As for upcoming models, the G7 electric vehicle is set to debut in June, with a starting price projected at 5.58 million yuan. This model aims to compete strongly in the market with its advanced features and technology.
By the end of May, the automotive market is expected to witness the launch of new vehicles that will utilize cutting-edge technology and design principles, enhancing consumer choice and driving innovation within the industry.
In summary, the automotive market in China is on a rapid growth trajectory, driven by significant advancements in electric vehicle technology and an increasing consumer inclination towards sustainable transportation solutions.
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