1. Starting next year, the vehicle purchase tax will be halved, with 17 major automakers already pledging to cover the reduction. 2. National Bureau of Statistics: In October, the output of new energy vehicles and green products such as lithium-ion

2025-11-14

1. Starting next year, the vehicle purchase tax will be halved, with 17 major automakers already pledging to cover the reduction. 2. National Bureau of Statistics: In October, the output of new energy vehicles and green products such as lithium-ion batteries for automobiles increased by 19.3% and 30.4% respectively. 3. China Automotive Technology and Research Center (CATARC) publicly clarified that batteries are classified into three main categories: solid-state batteries, solid-liquid hybrid batteries, and liquid batteries. 4. Tesla's AI chief, Eluswamy, warned all subordinates: Next year will be the most difficult year of your lives. 5. Tesla's in-vehicle system plans to support Apple CarPlay. 6. Xiaomi Auto announced a patent for vehicle speeding warning. 7. BYD: As of October 2025, the company's total installed capacity of new energy vehicle power batteries and energy storage batteries will exceed 230 GWh, an increase of over 55% year-on-year. 8. Dongfeng Motor plans to mass-produce and install its next-generation solid-state battery in vehicles next September, with an energy density of 350 Wh/kg. 9. Faraday Future reported an operating loss exceeding $200 million in the third quarter of 2025; its China team will seek cooperation with intelligent driving companies. 10. Evergrande Auto: The bankruptcy and liquidation petition for Evergrande New Energy Vehicle (Tianjin) Co., Ltd. has been accepted; trading in its shares remains suspended. 11. Several regions in Fujian Province announced the suspension of subsidies for car replacement and renewal. 12. South Korea is increasing car subsidies to boost its electric vehicle industry in response to US tariff pressure.