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From Australia to Mexico, the DMO-powered BYD SHARK is redefining the pickup segment with explosive sales, hybrid prowess, and record-breaking performance. Introduction In the fiercely competitive global pickup truck arena, a new predator has emerged and is taking markets by storm. The BYD SHARK, a revolutionary hybrid electric pickup from China’s automotive giant, is not just making waves—it’s creating a tsunami of demand. With staggering sales figures, rapid market penetration, and formidable technology, the SHARK is proving that the future of pickups is intelligent, efficient, and electrifying. This article delves into the incredible journey of the BYD SHARK, exploring the data behind its success and the groundbreaking engineering that powers its global appeal. Unprecedented Market Success: By the Numbers The BYD SHARK isn’t just selling; it’s dominating in key international markets with a velocity rarely seen. The data tells a compelling story of a vehicle that has hit the sweet spot of consumer demand. The Engineering Beast Behind the Hype: DMO Platform What fuels this remarkable success? The answer lies beneath its rugged exterior. The BYD SHARK is born from the innovative DMO (Dual-Mode Off-Road) Super Hybrid Platform, the same architecture that underpins the acclaimed Fang Cheng Bao Bao 5. This platform is a game-changer, seamlessly blending brute strength with exceptional efficiency. More Than a Tool: Your Intelligent Adventure Partner The BYD SHARK transcends the traditional “workhorse” pickup category. It is positioned as a versatile, intelligent companion for modern life. Conclusion: The Shark Has Well and Truly Bitten The evidence is undeniable. Despite commanding a starting price overseas equivalent to over ¥200,000 RMB, the BYD SHARK continues to be met with “crazy demand.” It has successfully challenged deep-seated market norms, proving that consumers globally are ready for a pickup that offers groundbreaking technology, staggering performance, and unparalleled efficiency without sacrificing capability. For anyone seeking not just a utility vehicle, but a powerful, intelligent, and eco-conscious partner capable of conquering both urban jungles and the wild outdoors, the 2026 BYD SHARK stands as a compelling and groundbreaking choice. It is more than a new model; it’s a clear signal of where the global automotive industry is headed. The future is hybrid, intelligent, and electrifying—and the BYD SHARK is leading the charge. BYD SHARK | Electric Hybrid Pickup Truck | Global Sales Success | DMO Platform | Long-Range Pickup

As global attention turns to the Group of Twenty Finance Ministers and Central Bank Governors, discussing sustainable development and inclusive growth, FOTON Motor’s move in South Africa adds a practical perspective to this grand topic. Recently, FOTON Motor held a grand product launch event in South Africa, officially unveiling the Tunland V series pickups—V7 and V9. Through a deep localization strategy and smart technology, FOTON is further expanding its footprint in the African market, taking tangible steps to support global cooperation and win-win development. As a key part of FOTON Motor’s “Lighthouse Plan,” the launch of the Tunland V series demonstrates FOTON’s long-term commitment and confidence in the South African and broader African markets. A representative from FOTON South Africa stated at the launch event: “The Tunland V series is the next-generation, high-end, smart, and durable full-size pickup tailor-made for South African users. This milestone not only reflects our recognition of the South African market’s potential but also underscores our determination to grow together with the people of South Africa.” Hybrid Power, Intelligent Leadership The Tunland V series is FOTON Motor’s first full-size pickup equipped with a hybrid power system, offering a perfect blend of high performance, low fuel consumption, and intelligent features. Both models are powered by FOTON’s latest 48V turbocharged diesel hybrid system, featuring a 2.0L AUCAN engine and an 8AT ZF transmission. With a maximum output of 120 kW and peak torque of 450 Nm, the Tunland V series achieves a 10% reduction in fuel consumption, thanks to its energy recovery system and ultra-high pressure combustion technology. Its thermal efficiency reaches up to 50%, demonstrating exceptional performance in energy saving and emission reduction. In terms of product positioning, the Tunland V7 is designed for utility and practical scenarios, featuring a trapezoidal leaf spring suspension that emphasizes durability and reliability. On the other hand, the Tunland V9 is aimed at both family and professional users, equipped with a coil spring multi-link suspension, offering enhanced comfort and a more intelligent experience in terms of interior and tech features. Comprehensive Upgrade in Intelligent Safety and Comfort Features The Tunland V series excels in both intelligence and safety performance. It comes standard with a 14.6-inch smart entertainment touchscreen, a customizable digital dashboard, synthetic leather seats, dual-zone automatic climate control, and wireless charging, providing users with a luxury sedan-like driving experience. In terms of safety, the Tunland V series has earned a 5-star safety rating from C-NCAP. It is equipped with a range of active and passive safety technologies, including six airbags, 360° panoramic imaging, lane departure warning, electronic stability control, and more. Additionally, it supports L2.5-level intelligent driving assistance functions, including ACC adaptive cruise control, AEB automatic emergency braking, and lane-keeping assist. Deepening Localization Strategy and Promoting Collaborative Industrial Development In March 2025, FOTON’s South African factory successfully rolled off the first automatic transmission heavy-duty truck tractor model. In June, FOTON launched the Truck Mate mini truck in South Africa. By September, the factory successfully produced its first CKD pickup model. With the official launch of the Tunland V series, FOTON Motor has further enriched its local product lineup, reinforcing its global philosophy of “growing together with Africa.” Since unveiling its Africa strategy and launching the “Lighthouse Plan” in 2024, FOTON has continuously strengthened its local operations. Through technology transfer, supply chain integration, and talent development, FOTON has created over a thousand local jobs, effectively driving the development of the upstream and downstream industrial chains, and supporting the upgrading of South Africa’s automotive industry.

As the Group of Twenty Finance Ministers and Central Bank Governors unfolds in Africa for the first time, with the theme of “Unity, Equality, and Sustainability” outlining a development blueprint, global attention is focused on the industrialization of this vibrant region. As a key player in Africa’s development, FOTON Motor is going beyond traditional trade, showcasing its deep commitment to the region through local manufacturing, product adaptation, and cultural integration, fully embodying the spirit of “growing together with Africa.” Deeply Integrating into Key Sectors, Driving Africa’s Crucial Industries with Product Strength Sustainable development under the G20 framework relies heavily on supporting specific industries and lifestyles. FOTON Motor’s recent active participation in a series of important local exhibitions and events in South Africa demonstrates its strategic approach of staying at the forefront of the market and accurately understanding user needs. South Africa’s livestock industry is rapidly growing and has become a vital pillar of the local economy. At the NAMPO ALFA exhibition, which focuses on agriculture, livestock, and outdoor sectors, FOTON Motor showcased a product range centered on its “Built for Business” philosophy. From heavy-duty agricultural vehicles to off-road products designed for complex terrains, FOTON engaged directly with core user groups—farmers, livestock practitioners, and outdoor enthusiasts—through this key agricultural event, demonstrating its ongoing empowerment of vital industries in South Africa. Verifying Product Strength, Shaping a Brand Perception of “Reliability and Durability” At events like the Grabouw Outdoor and Adventure Expo, FOTON’s Tunland series pickup trucks have perfectly aligned with South Africa’s strong outdoor culture and growing leisure economy. In the Nation Challenge’s professional off-road competition, the Tunland G7 conquered extreme terrain in the 4×4 challenge, winning the top prize and showcasing its outstanding off-road capability and durability. Such real-world performance not only validates the product’s reliability in harsh conditions but also elevates its image from a “functional tool” to an “exploration partner,” transforming its value from “built for business” to “empowering lifestyles.” At the Creators Fest, FOTON Motor, as an official partner, is dedicated to supporting South African women, innovators, and entrepreneurs. At the Soweto Film Market, FOTON, as the official vehicle sponsor, provided comprehensive vehicle support and services, strongly backing the future of African cinema. Additionally, by actively participating in local events such as the Submission Kings MMA competition, FOTON continues to strengthen its brand presence through deep integration into South African culture.On one hand, the company demonstrates its product’s core strengths—reliability, durability, and safety—through exceptional performance in extreme conditions, reinforcing the “Built for Business” brand identity. On the other hand, by linking the brand with South Africa’s thriving outdoor culture and tourism economy, FOTON showcases its commitment as a responsible corporate citizen, supporting local lifestyles and regional economies, and continually injecting vitality into sustainable development in the area. From “Product Output” to “Value Co-Creation” A clear trend runs through FOTON Motor’s recent market activities: a shift from simple trade export to deep localization and value co-creation. Looking back at 2025, the launch of FOTON’s heavy-duty trucks and pickups in South Africa marked the establishment of local manufacturing capabilities across multiple product categories. This enables FOTON to respond more quickly and flexibly to the unique demands of the South African and broader African markets in sectors like agriculture, mining, logistics, and outdoor leisure.This model of local manufacturing driven by African demand is a str

Beijing witnessed a significant gathering of over 2,000 participants from 140+ countries at Foton’s 2026 Global Partner Conference, where the commercial vehicle manufacturer unveiled its ambitious roadmap to become a “world-class commercial vehicle enterprise.” Under the theme “Drive To Great,” Foton Chairman Chang Rui announced bold targets: achieving over 50% new energy vehicle sales and 300,000 overseas units annually by 2030. Global Expansion Through Localized ProductionFoton’s globalization strategy centers on establishing more than 10 industrial bases across key markets including Thailand, Indonesia, South Africa, Brazil, Mexico, Saudi Arabia, and the EU within five years. The company’s recent successes in Brazil and South Africa demonstrate this approach. In Brazil, Foton has localized production of its “New Aumark” light truck, aligning with the country’s green mobility initiatives. Similarly, Foton’s South African CKD plant represents the first Chinese brand to achieve localized assembly in the country, positioning it as a regional manufacturing hub for Africa. Technology Leadership in New Energy and IntelligenceExecutive Vice President Lu Zhenghua outlined Foton’s three-pillar strategy: comprehensive internationalization, new energy adoption, and intelligent solutions. The company’s proprietary AiYiKe electric drive system achieves 97.7% motor efficiency, while its hydrogen fuel cell demonstrations have reached 3,600 vehicles. Foton’s intelligent driving capabilities include Highway Pilot technology and AI-powered cockpits, supported by a telematics platform connecting 3.16 million vehicles that has improved operational efficiency by 10% and reduced accident risk by 40%. 2026 Business Targets and Ecosystem DevelopmentFor 2026, Foton targets 200,000 overseas vehicle sales, with heavy trucks growing over 70% and buses doubling in volume. The company plans to cultivate eight markets each exceeding 10,000 units annually. Vice General Manager Liu Xuguang emphasized building an ecosystem around “vehicle + telematics,” expanding into charging infrastructure, leasing, and used vehicle businesses while strengthening global parts warehouse networks. The conference recognized outstanding partners with awards spanning new product promotion, new energy leadership, and aftermarket excellence, reinforcing Foton’s commitment to collaborative growth in the global commercial vehicle industry.

Changan Automotive has strengthened its manufacturing capabilities by acquiring Beijing Hyundai’s Chongqing production facility, marking another strategic move in the company’s ongoing expansion in the competitive automotive market. The former Beijing Hyundai plant, which had been idle since 2021, will now be repurposed to produce vehicles for Changan Automotive’s premium electric vehicle brand, Deepal. The Chongqing facility represents a significant addition to Changan Automotive’s production network. Originally constructed with an investment of 7.75 billion RMB, the plant boasts an annual production capacity of 300,000 vehicles and 300,000 engines. After several unsuccessful listing attempts, the factory was finally sold to Changan Automotive for 1.62 billion RMB in late 2023 through a government-controlled investment entity. This acquisition comes at a crucial time for Changan Automotive’s Deepal brand, which has demonstrated remarkable market performance. Between January and October this year, Deepal achieved cumulative sales exceeding 260,000 units, representing a 57.1% year-over-year increase. October alone saw sales surpass 36,000 vehicles, a 31.2% increase compared to the same period last year. With such robust growth, Changan Automotive requires additional production capacity to meet escalating demand. The repurposing of the Chongqing plant follows a pattern established by Beijing Hyundai’s restructuring. The company’s Beijing No. 1 factory has already been transferred to Li Auto, while the No. 2 factory remains available for acquisition. Beijing Hyundai now operates only two factories in Beijing and Hebei with a combined capacity of 750,000 units – five times the company’s 2023 sales volume of 150,000 vehicles. For Changan Automotive, this strategic move enhances production efficiency while supporting the company’s electrification goals. By utilizing an existing manufacturing facility, Changan Automotive can rapidly scale Deepal production without the time and expense of constructing a new plant. This approach demonstrates Changan Automotive’s commitment to smart growth and sustainable manufacturing practices. The Chongqing plant’s location provides additional strategic value for Changan Automotive, as both the company’s headquarters and the acquired facility are situated in the same municipality. This geographical advantage promises streamlined logistics and operational coordination for Changan Automotive’ expanding electric vehicle operations. As Changan Automotive continues to execute its electrification strategy, the integration of the Chongqing plant into its production network positions the company for continued growth in China’s competitive new energy vehicle market. This acquisition represents not only a practical solution to immediate production needs but also a forward-looking investment in Changan Automotive’s future capacity requirements.

The Iveco Zhongyi Light Cavalry represents a breakthrough in refitting camper vehicle technology, combining military-grade construction standards with innovative design to create the perfect partner for serious outdoor enthusiasts. Built on the robust Nanjing Iveco 6.5-ton chassis, this refitting camper vehicle redefines what’s possible in mobile living solutions. Excellence in Engineering and PerformanceThis remarkable refitting camper vehicle features a striking desert-yellow exterior with clean, angular lines that hint at its rugged capabilities. Measuring 5995×2465×3280mm, the Iveco Zhongyi Light Cavalry maintains excellent road presence while remaining maneuverable enough for various terrains. The heart of this refitting camper vehicle is a powerful 3.0T diesel turbocharged engine paired with a ZF 8-speed automatic transmission, delivering 125kW maximum power and 400Nm peak torque. Enhanced with military-grade chassis components and reinforced wading kits, this refitting camper vehicle confidently handles urban flood zones, wilderness trails, and challenging off-road conditions. Innovative Space OptimizationThe Iveco Zhongyi Light Cavalry showcases remarkable ingenuity in space management through several patented features: Superior Living ExperienceEvery aspect of this refitting camper vehicle is designed for comfort and convenience: Advanced Safety and ControlThe Iveco Zhongyi Light Cavalry prioritizes safety with multiple advanced systems: This refitting camper vehicle successfully bridges the gap between rugged off-road capability and luxurious living comfort. The Iveco Zhongyi Light Cavalry stands as a testament to what’s achievable when military engineering standards meet innovative camper design, offering adventure seekers a truly exceptional mobile living experience without compromising on either performance or comfort. Experience the future of mobile exploration with the Iveco Zhongyi Light Cavalry refitting camper vehicle – where every journey becomes an adventure and every destination feels like home.

Iveco Ouba 4×4 Mobile Ambulance: Advanced Medical Response for Challenging Terrains The Iveco Ouba 4×4 Mobile Ambulance represents a breakthrough in emergency medical response capabilities, combining robust off-road performance with advanced medical technology in a fully-equipped mobile treatment center. Advanced Medical Compartment DesignFeaturing an imported all-aluminum compartment construction, this mobile ambulance delivers an exceptional blend of lightweight properties, structural strength, and superior sealing integrity. The seamless folding panel technology for interior walls enhances both the spatial aesthetics and practical maintenance advantages, while preserving the high customizability of polymer composite materials. Superior Off-Road CapabilityBuilt upon Iveco’s military-grade chassis and powered by a 2.8T diesel engine with four-wheel drive system, this ambulance confidently navigates challenging environments including urban flood zones, wilderness trails, and muddy roads. The enhanced wading and off-road kit ensures reliable performance where response time is critical, significantly reducing delays in emergency situations. Intelligent Medical Management SystemThe integrated smart medical rescue system provides centralized monitoring and control over all critical subsystems: Automated Medical Gas SystemsChoose between fully automated oxygen delivery or central manifold systems: Enhanced Patient HandlingOptional electric stretchers with sliding platform systems provide: The Iveco Ouba 4×4 Mobile Ambulance offers unparalleled customization possibilities within its spacious medical compartment, ensuring that every clinical need can be met with precision-engineered solutions. From automated environmental controls to intelligent monitoring systems, this vehicle represents the future of emergency medical response in challenging conditions. Where advanced medical care meets uncompromising mobility – the Iveco Ouba 4×4 Mobile Ambulance delivers critical care capabilities to the most demanding locations.

As urban dwellers increasingly embrace road trips and camping as a preferred lifestyle, this Iveco-based refitting vehicle emerges as a perfect companion for outdoor enthusiasts. Built on the Daily chassis and transformed into a cleverly designed camper van, it makes dream getaways surprisingly accessible. Compact Yet Capable ExteriorThe Iveco refitting vehicle boasts clean white bodywork measuring 5364mm long, 2030mm wide, and 2420mm high. Its streamlined dimensions ensure easy navigation through both city streets and country lanes. Constructed with 70% high-strength boron steel for safety while maintaining lightweight properties for better fuel efficiency, this camper achieves an impressive 7.4L/100km fuel consumption despite its capabilities. Practical Outdoor FeaturesThe exterior maintains clean lines while including essential camping amenities: Comfort-Focused Driving ExperienceInside the cabin, the Iveco refitting vehicle offers a passenger-car-like environment with thoughtful ergonomics. Keyless entry, intelligent voice control, and one-button start provide modern convenience, while the well-organized dashboard puts all controls within easy reach. Reliable PerformancePowered by a SAIC π 2.0T diesel engine paired with a 9-speed automatic transmission, this Iveco refitting vehicle delivers 110kW maximum power and 375Nm peak torque – ample for diverse road conditions from mountain paths to highways. Smart Interior LayoutBehind the driver’s area lies a versatile living space featuring: The mid-section incorporates a practical mini-bar that serves as a compact kitchen, complemented by generous under-counter storage for utensils and camping gear. Restful Sleeping ArrangementsAt the rear, a transverse bed measuring 2m long × 1.7m wide comfortably accommodates three people. Beneath lies a massive storage compartment perfect for outdoor equipment, tools, and portable water tanks. This Iveco refitting vehicle successfully maximizes functionality within limited space, offering both adventure-ready performance and home-like comfort. Whether for weekend escapes or extended road trips, it represents outstanding value for modern nomads seeking freedom without compromising convenience. Experience mobile living perfected – the Iveco refitting vehicle awaits your next adventure.

Facing intense market competition and mounting inventory pressure, Chinese authorities have moved to regulate the export of “zero-kilometer used cars” – vehicles registered as sold domestically before being immediately shipped overseas as pre-owned inventory. The policy intervention comes as manufacturers sought unconventional channels to address production-surplus challenges. On November 14, four key regulatory bodies – the Ministry of Commerce, Ministry of Industry and Information Technology, Ministry of Public Security, and the General Administration of Customs – jointly issued strengthened management guidelines for used car exports. The new framework, scheduled to take effect January 1 next year with an interim adaptation period, aims to standardize export practices that have developed amid China’s rapidly expanding automotive sector. The zero-kilometer used car phenomenon emerged as dozens of automakers, nurtured through government industrial policy, engaged in fierce competition. With production consistently outstripping domestic consumption in recent years, manufacturers turned to export channels to relieve inventory pressures. Official statistics from the China Association of Automobile Manufacturers show production and sales both exceeded 27.6 million units during January-October this year, representing double-digit growth. New energy vehicles accounted for approximately 1.3 million units of this total. Industry observers note these specially categorized vehicles initially provided an effective channel for reducing inventory, with exports surging from 15,000 units in 2021 to 436,000 last year, and projected to surpass 500,000 this year. However, no official tracking mechanism currently monitors such exports specifically. A significant concern driving regulatory action involves after-sales service limitations. These exports typically lack proper warranty support and service networks, potentially generating consumer complaints that could damage brand reputation and China’s automotive industry image internationally. Industry rumors had circulated for months anticipating government countermeasures. Rather than implementing an outright ban, the new policy significantly tightens export requirements, mandating automaker authorization for zero-kilometer used car shipments. As Li Huai, CEO of Highsunche Technology, explained to Caixin, “This practice represents destructive competition born from survival pressure. When production volume becomes the primary market indicator, manufacturers face limited options beyond increasing output.” The measures reflect China’s broader effort to balance industrial growth with sustainable development, ensuring the international expansion of its automotive industry maintains quality standards and brand integrity. Partner with a Fully Authorized Exporter As regulations on used car exports tighten to ensure quality and compliance, choosing the right partner is more important than ever. Ichelabamotor (ichelaba) stands out as a premier automotive export trading company in China, possessing official export authorizations for a select range of passenger, commercial, and modified vehicles. We are proud to offer authorized export solutions for: If you are looking for a reliable, compliant, and professional partner for your automotive needs, please do not hesitate to contact us!

In September 2025, in the sales ranking of China’s electric pickup truck market, brands such as Radar, BYD and Changan performed outstandingly. Among them, Radar led the market with a year-on-year growth of 156.6%, and the overall sales of new energy pickup trucks increased by about 100% year-on-year, showing a strong growth momentum. Based on the latest insurance data and the China Passenger Car Association report, China’s electric pickup truck sales ranking in September 2025 is as follows (from high to low by sales volume): Market Growth Trends and Key DataOverall Sales: In September, new energy pickup truck sales were approximately 1,994-4,000 units (depending on the statistical method), representing a year-on-year increase of 101%-104% and a month-on-month increase of 31%, significantly outpacing gasoline pickup truck sales. Cumulative Performance: From January to September 2025, cumulative new energy pickup truck sales reached 16,000-54,000 units, a year-on-year increase of 109.6%-440%, with the proportion of pure electric models increasing to 5.62%. Driving Factors: Policy support, improved charging infrastructure, and increasing consumer demand for outdoor use are driving the accelerated penetration of new energy pickup trucks. Recommended Popular Electric Pickup TrucksBased on performance and user reviews, the following models are worth considering:

Step One: Define Your Technology Path and Say Goodbye to Range Anxiety When choosing a vehicle, it’s crucial to understand your specific usage scenarios. · Pure Electric Vehicles: Suitable for users with convenient charging access (such as home charging stations), a regular daily commute, and occasional long-distance travel. Their advantages include a quiet and smooth driving experience, extremely low vehicle costs, and generally higher levels of intelligence. When choosing a vehicle, focus on battery safety technology (such as BYD Blade Batteries and CATL Kirin Batteries), CLTC range (it’s recommended to choose models with 600 kilometers or more to take advantage of discounts), and fast charging performance. · Popular Market Recommendations: Tesla Model 3/Y, BYD Haibao/Han, Xpeng P7i, and NIO ET5 (with battery swapping support). Plug-in hybrid electric vehicles (PHEVs): Suitable for users with limited access to charging or frequent long-distance driving. PHEVs can be powered by either gasoline or electricity, making them a cost-effective pure electric vehicle for short urban commutes. For longer journeys or emergencies, the engine can readily intervene, completely eliminating range anxiety. Popular market references: BYD Qin PLUS/Song Pro/Han DM-i, Ideal L Series (extended-range). Step Two: Focus on the Core “Three Electrics” and Examine Safety and Performance Regardless of the chosen route, the “Three Electrics” system (battery, motor, and electronic control) is the “heart” of a new energy vehicle and the core measure of its quality. · Battery safety is paramount: Prioritize models equipped with batteries from well-known brands and featuring market-proven safety technologies (such as heat dissipation-free technology). · Energy efficiency is a key metric: Pay attention to the vehicle’s “kWh/100km” (kWh/100km), which directly determines its actual range and cost. Low kWh often reflects a car company’s superior electronic control capabilities. · Motor performance determines the driving experience: Don’t blindly pursue extreme horsepower, but pay attention to the motor’s responsiveness, smoothness, and re-acceleration capabilities in high-speed ranges. Step 3: Embrace smart technology, but approach it with caution. Intelligent driving and the smart cockpit have become core competitive advantages for new energy vehicles. · Intelligent Driving Assistance: Distinguish between “basic L2 assisted driving” and “advanced intelligent driving.” Basic L2 (including full-speed adaptive cruise control and lane keeping) can significantly alleviate high-speed driving fatigue and is a recommended feature. Advanced intelligent driving, however, is still undergoing rapid iteration and, for most users, is a “nice-to-have” feature and should not be the sole focus of any decision. · Intelligent Cockpit: Focus on the smooth operation of the vehicle’s computer system, the accuracy and naturalness of voice interaction, and the richness of its ecosystem of applications. A single offline experience speaks volumes about the specifications. Step 4: Pricing based on demand, focusing on the full lifecycle cost. Budget Ranges: $14,000-$28,000 (National Premium Cars): This segment is the most competitive, showcasing technological maturity and value for money. Representative models include the BYD Dynasty series, Ocean series, and Aion S/Y. BYD Han$28,000-$50,000 (Premium Quality): In this price range, consumers can enjoy superior performance, more luxurious materials, and advanced smart technology. Representative models include the Tesla Model 3/Y, NIO ET5, Xpeng G6/G9, Li Auto L6, and M5. Xpeng P7$50,000 and above (High-End Experience and Personality): This segment combines flagship technologies from various brands, offering a unique brand experience and ultimate performance. Representative models include the NIO ES8/ET7, Li Auto L9, BMW i Series, and Mercedes-Benz EQS. NIO ES8Beyond the purchase price, you also need to consider insurance, maintenance, and, most importantly, charging/electricity costs. Using a home charger at night to charge your car during off-peak hours can save you a lot of money. Besides the purchase price, you also need to consider insurance, maintenance costs, and most importantly, the cost of charging/electricity. Using a home charger at night to charge your car during off-peak hours can save you a lot of money.

I. Market OverviewChina’s automotive distribution market continues to grow in 2025, driven by rapid expansion in the new energy vehicle (NEV) sector. However, the fuel vehicle segment faces severe oversupply and declining demand, leading to intensified market competition and structural imbalances. II. Key Challenges III. Policy Recommendations Urgent interim measures are required to stabilize the automotive distribution sector and ensure its sustainable development.