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Market Chatter: SAIC Motor Partners With Huawei to Develop Smart EVs
Cui Dongshu: Raises the retail volume forecast for Passenger Vehicles in 2025 to 23.43 million units.
2025 Passenger Vehicle export forecast: In 2025, Passenger Vehicle exports are predicted to be 5.27 million units, an increase of 10%, with the total forecast decreasing by 0.03 million units compared to the prediction made in January.
CPCA Expects China Feb NEV Retail at 600,000, Down 19% From Jan
China Auto Circulation Association: The used car trade market gradually warmed up in the second week of February, and the market is full of expectations for recovery after the Spring Festival.
On February 20, according to the China Automobile Circulation Association, in the second week of February, the used car trade market showed signs of recovery, with an average daily transaction volume of 0.0629 million Autos, a month-on-month increase of 9.41%, significantly enhancing market activity.
Jibang Consulting: It is estimated that Global Electric Vehicles sales will grow by 18% annually in 2025.
TrendForce estimates that by 2025, the global Electric Vehicles market will reach 19.2 million units, with the China market benefiting from the continuation of replacement subsidies, expected to maintain growth.
Trump's 25% Auto Tariffs Hurts These Stocks the Most -- Barrons.com