Stricter Controls on Illegal New Car Export, More Space for Legitimate Used Cars, and Emerging Opportunities for International Model New Cars
Zhijun Zhao · 2025-11-30
China Automotive News · 2024-12-26

IM Motor completes 9.4 billion yuan B round financing
On December 25th, IM Motor announced the completion of its Series B1 equity financing round, with a total of 9.4 billion yuan raised in the B round financing. The funds raised will be used for the research and development of core technologies such as digital intelligent chassis, steering by wire, and intelligent driving, and to accelerate the launch of new products. According to plans, IM Motor will launch 2 pure electric and 2 extended-range models, totaling 4 new products in 2025.
Tesla's energy storage factory is about to be completed, setting a new "Shanghai speed" record in just 7 months
On December 24th, news indicated that Tesla's Shanghai energy storage super factory is about to be completed, expected to be finished by the end of this year, potentially surpassing the construction speed of its vehicle super factory by completing the entire process from groundbreaking to completion in just 7 months. On May 23rd of this year, Tesla's energy storage super factory commenced construction in Lingang, Shanghai. After the groundbreaking ceremony, Lingang Group also signed a contract with Tesla for China's first batch of ultra-large electrochemical commercial energy storage systems, Megapack. It is understood that Tesla's Shanghai energy storage super factory will begin production in the first quarter of 2025, with a planned annual output of 10,000 commercial energy storage batteries Megapack, with an energy storage capacity of nearly 40GWh (gigawatt-hours), supplying products to the global market.
Ruqi Mobility launches unmanned Robotaxi service in Guangzhou Nansha
On December 25th, Ruqi Mobility officially launched in-car unmanned Robotaxi services in Guangzhou Nansha, becoming the first mobility platform in the country to carry out commercial demonstration operations of "fully unmanned" Robotaxi. In the entire Nansha area, users can place orders through the "Autonomous Driving" entry on the homepage of Ruqi Mobility's WeChat mini-program, or through the "Ride-hailing" or "Autonomous Driving" entry on the Ruqi Mobility APP homepage, all of which offer rides in Ruqi's unmanned Robotaxi.
Gree: Providing robotic solutions for the manufacturing of new energy vehicle components
On the evening of December 24th, Gree stated on its interactive platform that Gree has been deeply engaged in the fields of industrial robot technology such as servo motors, servo drivers, and motion controllers. It has achieved a full series coverage of robot product loads from 1kg to 600kg, which can be widely applied in various industrial scenarios such as machinery manufacturing, automotive component processing, home appliance manufacturing, and 3C. The company has developed industrial robots such as GR35, GR50E, GRS20 for lithium battery and photovoltaic fields, GR200 industrial robot for automotive component die-casting, and GRX5 collaborative robot for matching dispensing workstations. It also provides robotic automation application solutions for the manufacturing of new energy vehicle components, continuously aiding the intelligent upgrading of the national production and manufacturing industry.
Guangzhou
2023.1220,000kmPHEV
Shanwei
2022.0790,000kmPetrol
Hangzhou
2024.0544,200kmBEV
Xiamen
2019.1160,000kmPetrol
Fuzhou
2022.1162,000kmPetrol
Shanghai
2025.104,000kmBEV
Hefei
2025.034,000kmPHEV
Longyan
2021.0330,000kmPetrol
China Auto Daily丨Chery Plans $800M ASEAN Plant in Vietnam Launching Mid-2026
Chery invests $800M for Vietnam plant with 200,000 annual output by 2030. China's NEV exports soar 62% YTD. Hunan EV exports surpass RMB 10B. Waymo boosts self-driving tech.
cls · 2025-12-25
China Auto Daily丨Great Wall Motor Uzbekistan Plant Hits 10,000 Vehicle Production Milestone
Great Wall Motor hits 10,000 vehicles in Uzbekistan; SAIC-GM-Wuling Bingo tops 600,000 sales; Li Auto EREV family passes 1.4 million; China vehicle sales up 7.9%.
cls · 2025-11-12
First Time: China’s Monthly NEV Sales Exceed 50% of Total Vehicle Sales in October
China’s October auto sales hit 3.32 million units, with new energy vehicles (NEVs) surpassing 51.6% market share, reflecting strong growth amid 32.7% year-on-year sales rise for NEVs in January–October.
CAAM · 2025-11-12
2026 Chery Tiggo 8 Launches with Strong Power and Smart Systems
The fifth-generation Chery Tiggo 8 launched on November 10, priced from RMB 99,900 to RMB 122,900, boasting upgraded intelligent features, advanced safety measures, and a turbocharged engine for the family SUV segment.
gasgoo · 2025-11-13