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Cui Dongshu: In January and February, China's imported Autos were 0.056 million units, a year-on-year decrease of 46%.
In 2024, 0.7 million Autos were imported, a decrease of 12% compared to the previous year. Currently, in January and February 2025, 0.056 million Autos were imported, a decrease of 46% year-on-year, indicating significant ongoing pressure on imported vehicles.
Is the New energy Fund market undergoing a "change of weather"? There is a high consensus among industry, academia, and research: range-extended vehicles are the future mainstream.
① Academician Yang Yusheng of the Chinese Academy of Engineering pointed out that range-extender vehicles are not a transition, but the future global Block Orders, whose green, safe, and long-range characteristics will support Carbon Neutrality. ② Liu Liguo, Senior Vice President of Ideal Autos, suggested that hybrid vehicles with an all-electric range of over 150 kilometers should be included in the New energy Fund green license plate system, achieving equal status for range-extender models with pure electric vehicles in urban areas.
US Auto Tariff Set To Shake Industry, Job Losses Loom
Market Update | Evergrande Auto fell over 22%, GAC denied acquisition rumors, and the subsidiary Hengtchi Auto's bankruptcy liquidation application has been accepted.
In the news, Guangzhou Automobile Group denied rumors of acquiring the Nansha factory, and Evergrande Auto stated that it is not aware of any reasons that caused the stock price to rise.
Trump Announces 25% Tariffs on All Foreign-made Vehicles, Some Auto Parts
Tariff club swings towards the Autos Industry! Trump will impose a 25% tariff on automobile imports starting next week.
USA President Donald Trump signed an order to impose a 25% tariff on Autos imports, aiming to expand the trade war and create more manufacturing job opportunities in the USA.
103435249 : Why it halted now?