1. Neta App Offline, Official Website Inaccessible

Since May 2, many users have reported that Neta Auto’s mobile app and official website are down, sparking widespread discussion online. Car owners are currently unable to use remote vehicle control features via the app. (Source: CLS)

2. Car Brands Shift Terminology from "Smart Driving" to "Assisted Driving"

According to recent store visits, most brands—including Li Auto, Xiaomi, NIO, Avatr, and XPeng—have replaced the term “smart driving” with “assisted driving” in promotional materials. Xiaomi, for example, recently changed the SU7’s configuration page wording to reflect this.

3. BAIC BluePark Plans to Raise ¥6 Billion for NEV and AI Projects

BAIC BluePark announced a plan to raise up to ¥6 billion through a private share issuance. The funds will be allocated to new energy vehicle development (¥5 billion) and AI smart platform projects (¥1 billion).

4. Fangchengbao Posts 375.8% YoY Growth in April Sales

Fangchengbao, BYD's off-road sub-brand, sold 10,039 vehicles in April, up 24.7% MoM and 375.8% YoY.
Sales breakdown: Bao 5 – 4,853 units, Bao 8 – 2,138 units, Titanium 3 – 3,048 units.

5. SAIC MG Global Sales Exceed 54,000 Units in April

SAIC MG reported over 54,000 global sales in April 2025, with domestic sales up 71% YoY, showing continued international momentum.

6. European Parliament Eases CO₂ Emission Rules for Automakers

The European Parliament has approved more relaxed CO₂ emission targets for passenger and light commercial vehicles, giving automakers more time to comply and reducing the risk of fines.

7. Volvo April Global Sales Down 11% YoY

Volvo Cars sold 58,881 vehicles globally in April, a 11% year-on-year decline. Sales of electrified models (including hybrids and EVs) dropped 16% to 26,385 units.

8. Volkswagen Group Q1 Net Profit Falls 40.6% YoY

Volkswagen Group posted €77.56 billion in revenue (up 2.8% YoY) in Q1 2025, but net profit dropped 40.6% YoY to €2.186 billion.
Operating profit fell 36.9% to €2.873 billion, and profit margin declined to 3.7% from 6.0% last year.

9. Mercedes-Benz Group Q1 Net Profit Drops 42.8% YoY

Mercedes-Benz Group reported €33.22 billion in Q1 revenue (down 7.4%), with EBIT down 40.7% to €2.289 billion.
Net profit plunged 42.8% YoY to €1.731 billion, impacted by market conditions and pricing pressure.

10. General Motors Achieves $2.8 Billion Net Profit in Q1

GM posted $44 billion in revenue in Q1 2025, with a net profit of $2.8 billion.
Adjusted EBIT reached $3.5 billion, delivering a 7.9% adjusted EBIT margin, indicating robust profitability.