China’s Used-Car Retention Rates Fall in October: Xiaomi SU7, AITO M9 Lead BEV and PHEV Segments
In October, China’s used-car disposal volume reached 842,600 units, up 3.6% month-on-month but down 6.2% year-on-year.
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In October, China’s used-car disposal volume reached 842,600 units, up 3.6% month-on-month but down 6.2% year-on-year.
At the Japan Mobility Show, Japanese automakers unveiled new electrified concepts, yet struggled to detail powertrains, highlighting China’s EV lead.
Toyota’s China sales have declined for three consecutive years since 2022.
In September, BYD sold 802 vehicles in Japan, tripling year-on-year and accounting for about 20% of imported BEV sales that month.
While price cuts and discounts have helped BYD expand in China, the same approach may backfire in Japan.
Toyota China explained that this shift aims to improve customer services and efficiency while reducing environmental impact, and emphasized that it is currently only a trial.
Nvidia is developing a Robotaxi project using an “end-to-end” neural network, investing $3 billion to establish a technical showcase amid competitive market growth by 2025.
In Q2 2025, Hesai generated RMB 710 million in revenue, up 53.9 % year-on-year and marking the fifth consecutive quarter of growth.
FAW Toyota saw 377,821 vehicle sales in H1 2025, driven by a shift towards electrified models and new strategic initiatives amid industry challenges.
From June 14 to 15, FAW Toyota launched its bZ5 electric SUV across 600 dealerships, achieving significant pre-orders and emphasizing delivery efficiency and intelligent safety features.