China Auto Daily丨JD.com "National Car" No.001 Fetches RMB 78.19 Million in Auction

JD.com's "National Car" No. 001 Fetches RMB 78.19 Million in Auction

On October 17, JD.com launched the "National Car" No. 001 on its platform, initiating reservations through the JD Auction channel. The auction recorded over 23,000 bids, culminating in a final hammer price of RMB 78,193,399 (approximately USD 11.0 million). JD.com had previously announced via its official social media account on October 14 that during the 2025 11.11 shopping festival, it would collaborate with GAC Group and CATL to introduce a mystery "National Car" model. Test drives for internal and public versions will commence in late October, with the official vehicle unveiling scheduled for November 9.

Cadillac Launches New CT6 with All-Inclusive Price from RMB 289,900

On October 22, Cadillac unveiled its Magnetic Float Chassis technology, simultaneously launching the full-size flagship sedan—the new CT6—equipped with this innovative suspension system. The model arrives in three configurations: Premium, Luxury, and Flagship, featuring an all-inclusive fixed price starting from RMB 289,900 (approximately USD 40,800). The Magnetic Float Chassis performs 1,000 road scans per second and establishes 4,000 Newton damping force within 0.01 seconds, intelligently adjusting suspension stiffness based on real-time road conditions and driving modes. The vehicle also incorporates a longitudinal 10-speed automatic transmission.

SAIC Volkswagen Partners with German Firm to Develop Cognitive Robotics Systems

SAIC Volkswagen recently signed a strategic cooperation memorandum with German robotics company Neura Robotics. The partnership will involve collaborative exploratory projects focused on developing and deploying cognitive robotics systems within automotive manufacturing. This initiative aims to enhance production efficiency and operational flexibility at intelligent factories, representing another step in SAIC Volkswagen's digital transformation of its production infrastructure through international technological collaboration.

Technology Roadmap 3.0 Targets Full L4 Adoption by 2040 with L5 Market Entry

Released on October 22 under the guidance of the Ministry of Industry and Information Technology of China and revised by the China Society of Automotive Engineers, the "Technology Roadmap for Energy-Saving and New Energy Vehicles 3.0" establishes a "1+5+X" research framework. Key milestones include achieving full hybridization of traditional energy passenger vehicles by 2035. By 2040, internal combustion-engine vehicles (HEV, PHEV, REEV) will maintain approximately one-third of new passenger car sales, while new energy vehicle penetration will exceed 85%—with battery electric vehicles comprising 80% of that segment. The roadmap also anticipates full popularization of L4 intelligent connected vehicles by 2040, accompanied by the initial market introduction of L5 vehicles. Manufacturing evolution will focus on quality improvement, efficiency gains, cost reduction, and decarbonization through data connectivity and closed-loop systems.

*(Exchange rate: RMB 7.1 = USD 1)*