1. Annual Government Vehicle Purchases to Include 30% NEVs

China's Ministry of Finance has issued a notice requiring that at least 30% of government vehicle purchases annually must consist of new energy vehicles (NEVs).

2. Hefei’s NEV Production to Exceed 1.3 Million in 2024

According to “Hefei Release,” the city’s NEV production is projected to surpass 1.3 million units in 2024, a sharp increase from 145,000 units in 2021.

3. Changan Auto to Enter European Market Next Year

At the 2025 Changan Auto Global Partner Conference, Chairman Zhu Huarong announced plans to host a European brand launch next year, marking the company’s official entry into Europe.

4. 50,000th XPeng MONA M03 Rolls Off Production Line

On December 27, XPeng MONA celebrated the production of its 50,000th MONA M03 model within four months, setting a new record for EV mass production speed among emerging automakers.

5. NIO Builds 2,900 Battery Swap Stations

By December 29, NIO had constructed 2,900 battery swap stations, with users completing over 60 million swaps to date.

6. Baojun Xiangjing Official Images Released

Baojun unveiled the official images of its Xiangjing sedan, a mid-to-large-sized car measuring 5005mm in length and available in both pure electric and plug-in hybrid versions.

7. SAIC Volkswagen’s 2025 New Model Plan Revealed

SAIC Volkswagen has announced its 2025 new car lineup, which includes models such as the Lavida NF, Lamando L PA, and Teramont PRO.

8. Honda-Nissan Merger Ratio Negotiations Begin at 5:1

In merger talks between Honda and Nissan, the initial discussion for the business integration ratio will reportedly begin with a 5:1 share exchange, considering average stock prices and assets.

9. Honda’s Global Production Declines for Fourth Consecutive Month

Honda’s November global production dropped to 329,987 units, a year-on-year decrease of 20.4%. This marks the fourth consecutive month of production decline, alongside a 6.7% drop in global sales.

10. Data Breach Affects 800,000 Volkswagen EVs

Reports indicate that sensitive data from 800,000 Volkswagen Group EVs (including brands like VW, Audi, SEAT, and Skoda) was left exposed on a misconfigured Amazon cloud server for several months.