1. February Domestic EV Battery Installation Reaches 34.4GWh

According to Gaogong Industry Research Institute (GGII), based on new energy vehicle insurance data:

• February 2025 battery installation: 34.4GWh (+95% YoY, -4% MoM)

2. Neta Auto & CEO Fang Yunzhou Face Another Consumption Restriction Order

According to Tianyancha, on March 20, Neta Auto's parent company Hozon New Energy Automobile Co., Ltd. and its legal representative Fang Yunzhou received another consumption restriction order.

3. Lynk & Co 900 to Open Pre-Sales on March 25

Zeekr Group announced that its six-seat luxury SUV, the Lynk & Co 900, will:

• Feature NVIDIA Thor autonomous driving chip

• Use Thousand Mile Vast H7's smart driving system

• Open pre-sales on March 25

• Launch officially in late April

4. New Honda Integra & Accord Launched, Starting at ¥129,900

• Honda Accord Sport Series: ¥179,800 – ¥214,800 (3 models)

• New Honda Integra: ¥129,900 – ¥170,900 (7 models)

5. Zeekr Group Releases 2024 Financial Report

Zeekr Group (including Zeekr & Lynk & Co brands) reported:

• Total revenue: ¥113.89 billion

• Vehicle sales revenue: ¥94.56 billion

• Zeekr brand revenue: ¥75.9 billion (+47% YoY)

• Vehicle gross profit margin: 15.6%

6. BAIC Predicts 68.6% Drop in 2024 Net Profit

Beijing Auto (BAIC) announced that its 2024 net profit attributable to shareholders is expected to be ¥950 million, down 68.6% YoY compared to 2023.

7. NIO Releases 2024 Q4 & Full-Year Financial Report

• Q4 Revenue: ¥19.7 billion (+15% YoY)

• Q4 Vehicle Gross Margin: 13%

• 2024 Full-Year Revenue: ¥65.73 billion (+18.2% YoY)

• Annual Vehicle Gross Margin: Improved from 9.5% to over 12%

8. Changan Auto Officially Enters European Market

On March 21, Changan Auto held a European launch event in Germany, announcing its official entry into Europe. Over the next three years, Changan plans to introduce:

• 8 new models

• Across Changan, Deepal, and Avatr brands

9. Toyota to Open New R&D Center in India

Sources indicate Toyota Motor Corporation will establish its first R&D center in India through its local subsidiary, highlighting India's growing strategic importance. (Source: Sina)

10. Tesla's European Sales Drop 44% in February

• Tesla's February 2025 sales in Europe: 15,255 units (-44% YoY)

• Sales in Germany: 1,429 units, down 76% YoY