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The US remains the second largest market for EU vehicle exports, accounting for 22% of the EU's export market in 2024. German automakers are the largest suppliers to the US, with exports amounting to €32.71 billion, representing 64.27% of EU exports to the US. Although the US electric vehicle market is relatively small, it is growing rapidly, with BEV and PHEV sales reaching approximately 100GWh in 2024. European automakers have a significant manufacturing presence in the US, creating numerous jobs.

Leapmotor Chairman Zhu Jiangming revealed the company's future product plans at the C16 user sharing session. In the second quarter of 2026, Leapmotor will launch a flagship MPV based on the D platform, positioned as a luxury model with an estimated price of around 200,000-300,000 yuan, alongside a full-size SUV. In 2025, Leapmotor will focus on expanding its B series, including the B10 pure electric SUV, B01 pure electric sedan, and an entry-level hatchback, the B05. Existing models are also expected to be refreshed in 2025.

By the end of 2024, China's new energy power generation capacity exceeded thermal power for the first time, marking significant progress in energy transition. To address the coordination challenges between new and traditional energy, China is accelerating the construction of a unified national electricity market. In 2024, cross - provincial and cross - regional market - based electricity trading volume reached 1.4 trillion kWh, more than ten times that of 2016. The unified national electricity market is expected to be preliminarily established in 2025, facilitating the optimization of energy resources and promoting green and low - carbon development.

Hyundai Motor Company reported global sales of 365,812 units in March 2025, marking a 2% year-over-year decrease. Sales in Korea increased by 0.9% to 63,090 units, while overseas sales declined by 2.6% to 302,722 units. Hyundai plans to respond flexibly to changing regional market demands through localized production and sales optimization, while also strengthening its profitability-centered business operations.

On March 31, the FAW Hongqi Intelligent Experience Day was held in Beijing, showcasing the latest intelligent technology achievements. Hongqi unveiled three major architectures of the Smart Driving System: Si Nan 100, Si Nan 500, and Si Nan 1000, featuring functions such as highway and urban commuting, end-to-end parking, and L3-level autonomous driving. The Tian Gong 08 and Tian Gong 05, which have been launched, are equipped with the latest smart driving results. The Lingxi cockpit integrates the five senses experience, and the vehicle machine system supports various desktop forms and AI prediction upgrades. Table tennis player Sun Yingsha became the spokesperson for the Hongqi Tian Gong family and the first owner of the Tian Gong 06.

NIO Inc. delivered 15,039 vehicles in March 2025, marking a 26.7% year-over-year increase. The deliveries included 10,219 vehicles from the premium NIO brand and 4,820 from the family-oriented ONVO brand. In the first quarter of 2025, NIO delivered 42,094 vehicles, up 40.1% year-over-year. Cumulative deliveries reached 713,658 as of March 31, 2025. Additionally, NIO began deliveries of its flagship smart electric executive sedan, the ET9, in late March 2025.