European Parliament Approves Relaxation of EU Carbon Emission Rules for Car Manufacturers as Tesla’s New Car Sales in the UK Plunge 62% in April

Automotive Morning Report | European Parliament Approves EU’s Relaxation of Carbon Emission Rules for Automakers; Tesla’s New Car Sales in the UK Decline by 62% Year-on-Year in April

May 7, 2025, 08:40 — Editor: Dongfang Caifu Net

Cui Dongshu, Secretary General of the Passenger Car Association, commented on May 6 that, with the promotion of the “Two New” subsidy policy, A0-class electric vehicles are experiencing significant growth in most regions. In the first quarter of 2025, the retail market for passenger cars in China grew by 6% year-on-year, demonstrating strong growth characteristics in February and March. Due to the impact of the Spring Festival, regional market developments showed clear differences. Before the Spring Festival, the market in central and western regions was thriving, while the eastern market share saw a noticeable rebound after the festival, with strong growth in Northeast and Northwest markets. The “Two New” subsidies have led to excellent performance for A00-class vehicles in North China and Northeast regions, and the A0-class electric vehicles also exhibited robust growth. The fairness of the policy is reflected in the significant benefits for economical electric vehicles, emphasizing the importance of promoting compact electric vehicles.

Seres Reports a 29.87% Year-on-Year Decline in New Energy Vehicle Sales for the First Four Months

On May 6, Seres announced that its new energy vehicle sales in April 2025 reached 31,500 units, marking a 12.99% increase compared to the previous year. However, the total sales for January to April 2025 stood at 86,000 units, a decrease of 29.87% year-on-year.

Tesla: Over 95% of Parts for Every Model 3 and Updated Model Y Come from China

On May 6, Tesla announced via Weibo that over 95% of the components for each Model 3 and refreshed Model Y are sourced from China.

BAIC Group Establishes Anpeng Kechuang Automotive Industry Investment Fund with a Capital of 1.9 Billion Yuan

According to Tianyancha App, the Beijing Anpeng Kechuang Automotive Industry Investment Fund Partnership (Limited Partnership) was recently established. The managing partner is Shenzhen Anpeng Equity Investment Fund Management Co., Ltd., with a total investment of 1.9 billion yuan. The fund’s scope includes private equity investments, investment management, and asset management activities. Partner information indicates that the fund is jointly contributed by Beijing Automotive Group Industry Investment Co., Ltd., BAIC Group Co., Ltd., and Shenzhen Anpeng Equity Investment Fund Management Co., Ltd.

Pony.ai and Uber Enter Strategic Partnership

On May 6, Pony.ai and Uber announced their strategic collaboration, stating that Pony.ai’s Robotaxi service and fleet will be integrated into the Uber platform in the second half of this year. The partnership will launch in the Middle East, with plans to gradually expand into more international markets. After the service goes live, passengers can request rides through the Uber app, opting for rides provided by Pony.ai’s Robotaxi vehicles.

European Parliament Approves EU’s Relaxation of Carbon Emission Regulations for Automakers

According to CCTV News, on May 6, the European Parliament approved the EU’s more lenient carbon dioxide emission targets for passenger cars and vans, allowing European automakers more time to comply with regulations and reduce potential fines. On April 1, the European Commission proposed a regulatory amendment to provide more flexible compliance options for automakers regarding new carbon reduction targets. The announcement stated that the proposed flexibility measures would enable car manufacturers to assess their emissions against the average C02 emission levels over three years from 2025 to 2027 instead of conducting annual reviews. This will allow manufacturers to balance excessive emissions in individual years with over-reductions in others. Under current regulations, manufacturers failing to meet annual carbon emission audits face substantial fines. This proposal still requires approval from the EU Council.

Tesla’s New Car Sales in the UK Decline by 62% Year-on-Year in April, Hitting a Two-Year Low

On May 6, research group New AutoMotive reported that despite a rise in demand for electric vehicles, Tesla’s new car sales in the UK fell by 62% year-on-year in April, reaching the lowest level in over two years. The data also indicated that Tesla’s sales in other major European markets dropped to multi-year lows last month.

Waymo Partners with Magna to Build New Automotive Factory in Arizona, USA

Waymo, a self-driving technology company under Alphabet, announced on May 5 its plans to expand its autonomous taxi service to Atlanta, Miami, and Washington, D.C. by 2026. Waymo stated it would invest in U.S. manufacturing and collaborate with Magna to construct a new self-driving vehicle factory in the Phoenix metropolitan area.