China's automotive industry is set to maintain its leadership in global markets in 2025, with a major industry think tank forecasting total vehicle sales to reach approximately 32 million units in 2025, representing a 3 percent year-on-year increase. Zhang Yongwei, vice-president and secretary-general of the China... read full story
"When the NEV penetration rate approaches around 50 percent, as it does now, the market naturally shifts from rapid growth to a more stable trajectory. This marks the industry's entry into a mature phase,"