[6.4 Lithium Battery News] Ministry of Commerce and Four Other Departments Organize 2025 NEV Rural Promotion Campaign

[Five Departments Including the Ministry of Commerce Launch 2025 NEV Promotion Campaign in Rural Areas]The Ministry of Industry and Information Technology, National Development and Reform Commission (NDRC), Ministry of Agriculture and Rural Affairs, Ministry of Commerce, and National Energy Administration jointly launched the 2025 NEV promotion campaign in rural areas. The initiative will select typical county-level cities with low NEV penetration but significant market potential to host dedicated promotional events, radiating to surrounding townships with region-specific activities. It aims to synergize with pilot projects like county-level charging and battery swapping infrastructure upgrades and the "vehicle-road-cloud integration" for intelligent connected vehicles, directing quality resources toward rural regions. Market entities across NEV production, sales, financing, charging/swapping, and after-sales services are encouraged to participate. Leveraging policy tools such as trade-in programs and county-level infrastructure improvements, customized integrated sales promotions combining "purchase discounts + energy support + service guarantees" will be offered, while enhancing after-sales networks covering the entire car purchase, usage, and maintenance life cycle.》Click for details

[All-China Federation of Industry and Commerce Automotive Dealers Chamber Calls for Firm Opposition to Cut-Throat Competition Manifested as "Price Wars"]The All-China Federation of Industry and Commerce Automotive Dealers Chamber stated that under current market conditions, dealerships face severe challenges including increased operational pressure, reduced profitability, high vehicle inventory, and financial constraints, significantly impacting sustainable industry development. Since Q2 this year, intensified "price wars" have further exacerbated the situation. To uphold fair and healthy market competition and promote high-quality growth in the automotive sector, the chamber issued the following proposals:...》Click for details

[Asia-Pacific Mechanical & Electronic (002284.SZ) Receives NEV Project Designation]Asia-Pacific Mechanical & Electronic (002284.SZ) announced it recently received a project designation from a major domestic automaker to supply integrated brake control modules (IBS onebox) for a specific NEV model. According to the client's plan, the project has a 4-year life cycle, with mass production expected to commence in Q1 2026 and total lifecycle sales estimated at 200 million yuan. This designation reflects recognition of the company's electronic product development capabilities and brand quality, facilitating expansion in the NEV market. However, the mass production timeline remains uncertain, and actual supply volumes may be affected by various factors. Cailian Press)

[NIO: Gross Margin Expected to Increase by Over 20% in Q4 This Year] At NIO's Q1 2025 earnings call, NIO Chairman William Li stated that the NIO brand is expected to achieve monthly sales of 25,000 units in Q4 this year, a 20% increase from the steady-state sales of 20,000 units last year, with gross margin expected to rise by over 20%. Management also indicated that, due to the goal of achieving break-even in Q4, R&D expenses for the quarter will range between RMB 2 billion and RMB 2.5 billion, representing a 20-25% efficiency improvement compared to the same period last year. Selling and administrative expenses will also continue to balance input and output efficiency, with the ratio expected to account for approximately 10% of sales. (Cailian Press)

[BYD: NEV Sales Reach 382,500 Units in May] BYD (002594.SZ) announced that in May 2025, it produced 349,800 NEVs and sold 382,500 NEVs. The company's overseas sales of NEVs in May 2025 totaled 89,000 units. The total installed capacity of power batteries and ESS batteries for NEVs in May 2025 was approximately 28.476 GWh, with a cumulative installed capacity of approximately 107.507 GWh for the year. (Cailian Press)

[Duer: Plans to Invest RMB 300 Million in Pilot and Industrialisation Projects for New-Type Lithium Batteries and Smart Motors] Duer (300473.SZ) announced that it has signed an "Investment Cooperation Agreement" with the People's Government of Zhili Town, Wuxing District, Huzhou City, Zhejiang Province, to invest in the construction of pilot and industrialisation projects for new-type lithium batteries and smart motors in Zhili Town, with a total planned investment of approximately RMB 300 million. This investment does not constitute a related-party transaction or a major asset restructuring. The investment funds will be sourced from the company's own funds and self-raised funds. (Cailian Press)