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The launch events of the new energy “trio” brands—Weilai, Xiaopeng, and Li Auto—always attract strong online attention. On the evening of March 13, XPeng simultaneously unveiled the new G6 and G9 SUVs, entering the 170,000–200,000 RMB price segment. Leveraging XPeng’s strong promotion on Weibo, the core advantages of pricing and configuration, users’ focus on cost-performance and attractive design, and generally limited negative market feedback, the launch successfully captured widespread consumer attention and approval.

In January 2025, the Chinese passenger car market showed characteristics of “overall decline with structural differentiation”: Narrow-sense passenger car retail sales reached 1.794 million units, down 12.1% YoY and 31.9% MoM. New energy vehicle (NEV) retail sales were 744,000 units, up 10.5% YoY but down 42.9% MoM, with a penetration rate of 41.5%. Conventional fuel vehicle retail sales totaled 1.05 million units, down 21% YoY.

At the start of the Year of the Snake 2025, Futong Intelligent Automotive once again seized the initiative, successfully integrating the highly anticipated DeepSeek-R1, enabling automakers to embark on a new journey of customer voice insights in the new year.

Throughout 2024, the NEV market maintained strong growth momentum. December sales reached 1.302 million units, nearly doubling from 668,000 units at the beginning of the year, with annual cumulative sales surpassing 10 million units. The rapid growth in market demand reflects the sustained appeal of new energy models to consumers, while also bringing increased technical and service challenges. Complaint volumes peaked in March and declined significantly in the second half of the year, with annual figures gradually stabilizing.

In December 2024, the Chinese passenger vehicle market maintained its growth momentum, with monthly sales reaching 2.634 million units, up 8.7% month-on-month and 11.4% year-on-year. The top 10 passenger vehicle manufacturers sold a total of 1.63 million units, accounting for 62% of total sales. Leading manufacturers showed steady progress, although some faced market competition challenges. BYD sold 403,000 units, up 7.2% month-on-month and 34% year-on-year, maintaining the top position. Its comprehensive layout in the new energy segment ensured continued strong performance across multiple models. Chery achieved 199,000 units sold, with a 77% year-on-year increase, leading the growth rankings. FAW-Volkswagen ranked fourth with 161,000 units sold, but declined 25% year-on-year, making it the only manufacturer in the top list with a negative year-on-year growth.

2024 Automotive Industry Review: Top 10 Events Spark Public Discussion

In November, scrappage and replacement policies continued to drive the market, with automakers leveraging the “Double 11” shopping festival and mid-month Guangzhou Auto Show events to significantly boost sales. Retail sales of passenger vehicles in China reached 2.424 million units, up 16.59% year-on-year, with NEV retail penetration at 52.4%, maintaining strong growth momentum. From January to November, cumulative retail sales totaled 20.26 million units, up 4.69% year-on-year, showing steady growth.

In November, China’s retail penetration rate of new energy vehicles (NEVs) exceeded 50% for the fifth consecutive month, reaching 52.4%. NEV retail sales totaled 1.27 million units, representing a year-on-year increase of 51.08%. Battery electric vehicle (BEV) retail sales reached 758,000 units, up 37.30% year-on-year, while plug-in hybrid electric vehicle (PHEV) retail sales reached 512,000 units, up 77.43% year-on-year.

Recently, the leading domestic digital market research and consulting agency, iFenxi, officially released the 2024 iFenxi Data Element × Vendor Panorama Report. This report provides an in-depth analysis of the development of the data element industry and the specific capabilities required by vendors across various key industries, including smart manufacturing, smart rail transit, and smart healthcare. Based on research and desk studies of both enterprise clients and typical vendors, the report highlights companies with mature solutions and implementation capabilities in the data element × market. Futong Dongfang, with its exemplary application of "Ready for AI Data Services" in the field of smart healthcare, was successfully selected in the smart healthcare section of the report.

On the evening of December 9, 2024, at 20:00, Xiaomi Auto announced via its official Weibo account that its first SUV model, YU7, is scheduled for official launch in June or July next year. Multiple official images were released simultaneously, showcasing detailed exterior design features. Based on full-network data collected between 20:00 on December 9 and 14:00 on December 10, 2024, Futong Digital & Intelligent Automotive conducted a comprehensive analysis and distilled the following key insights.