Chery Group Sales Reach 210,000 Units in March, Setting New Quarterly Record
2025/04/02
Production & Sales


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US Remains Second Largest Market for EU Vehicle Exports, with Growing EV Potential
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 Announces Product Plan for 2025-2026
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.
Baojun Xiangjing Pre-Sales to Start on April 7, with BEV and PHEV Options
Baojun Xiangjing is set to begin pre-sales on April 7, offering both battery-electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) options. The mid-large car features a modern design with a closed grille and triple-point LED daytime running lights for the BEV version, and a connected headlight and grille with a lightning-shaped LED DRL and Through type light strip for the PHEV version. The vehicle measures 5005/1900/1505 (PHEV) 1490 (BEV) mm in length, width, and height, with a wheelbase of 2900 mm. The interior includes a full digital instrument panel and a large center console screen, with a three-spoke flat-bottom steering wheel. The Xiangjing will be equipped with Baojun’s Lingmu 3.0 intelligent driving system, featuring urban navigation assistance and full-speed AEB, powered by a Qualcomm SA8650 chip with 200TOPS of computing power. The BEV version has a peak motor power of 186kW and a top speed of 170km/h, with a lithium iron phosphate battery. The PHEV version features a 1.5T engine with a maximum power of 105kW.
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Changan Launches Deepal Hunter K50 REEV Pickup at 2025 Bangkok Motor Show, Priced at 1,099,000 Baht
Changan Automobile launched the Deepal Hunter K50, the world’s first Range-Extended Electric Vehicle (REEV) pickup truck, at the 2025 Bangkok International Motor Show. Priced at 1,099,000 baht (approximately RM142,900), the K50 features dual electric motors with a combined output of 272 horsepower and 470 Nm of torque, achieving 0-100 km/h acceleration in 7.9 seconds. Equipped with a 31.18 kWh lithium iron phosphate battery, it offers an NEDC-rated electric range of 131 km, supported by a 2.0T diesel engine for a total range of up to 900 km. The vehicle also supports up to 41 kW of DC fast charging and a 3.3 kW vehicle-to-load (V2L) function.
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BYD’s Q1 2025 Sales Surpass 1 Million Units, with Strong Overseas Growth
BYD achieved a record-breaking sales performance in Q1 2025, with a cumulative sales volume of 1,000,804 new energy vehicles, marking a 59.81% year-on-year increase. In March alone, the company sold 377,420 units, up 23.1% year-on-year. Plug-in hybrid electric vehicles (PHEVs) accounted for 58% of total sales, reaching 569,710 units, a 76% year-on-year growth, while battery-electric vehicles (BEVs) sold 416,388 units, up 39%. In terms of overseas exports, BYD shipped 72,723 units in March, up 90% year-on-year and 9% month-on-month, marking its best export month ever. BYD is expected to deliver around 5.5 million units in 2025.
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FAW-Volkswagen Posts 154,000 Units in March, Accelerates Smart-Electric Transformation
In March 2025, FAW-Volkswagen sold 154,000 vehicles, with fuel vehicle sales up 1.4% year-on-year. The Volkswagen brand sold 87,000 units, increasing its market share by 1.1 percentage points; Audi sold 56,000 units, maintaining its leading position in the domestic luxury fuel vehicle market; and Jetta sold 11,000 units, with its market coverage increasing by 0.3 percentage points. The new Teramont L was launched, featuring innovations in intelligent driving and smart cockpit. The three brands also refreshed their service models to build a full-lifecycle service system. Moving forward, FAW-Volkswagen will introduce the CMP electric platform and CEA electronic architecture to accelerate its smart-electric transformation.