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[CICC: Domestic New Energy Vehicle Sales to Maintain Strong Growth in H2 2025]CICC pointed out that the Chinese new energy vehicle market has shown robust performance since 2025, with wholesale sales of new energy vehicles increasing by 46% YoY from January to April 2025. Looking ahead, CICC is optimistic that domestic new energy vehicle sales will maintain strong growth in H2 2025, driven by the resonance of domestic demand and exports.
[Mercedes-Benz and Beijing Benz Recall Certain Imported and Domestically Produced Vehicles]Recently, Mercedes-Benz (China) Automobile Sales Co., Ltd. and Beijing Benz Automotive Co., Ltd. have filed recall plans with the State Administration for Market Regulation in accordance with the requirements of the "Regulations on the Recall of Defective Automobile Products" and the "Implementation Measures for the Regulations on the Recall of Defective Automobile Products." Recall No. S2025M0090V: Starting from June 13, 2025, certain domestically produced C-Class and GLC SUV vehicles manufactured between April 25, 2023, and August 17, 2023, will be recalled, totaling 252 units. Recall No. S2025M0094V: Starting from June 13, 2025, certain imported S-Class and EQE vehicles manufactured between February 8, 2023, and October 10, 2023, will be recalled, totaling 257 units. Some vehicles within the scope of this recall used incorrect fuse boxes during previous recall repairs, which may lead to malfunctions in associated systems, resulting in potential loss of power, affecting restraint systems, instrument displays, etc. Additionally, the risk of fire cannot be ruled out, posing safety hazards. Mercedes-Benz (China) Automobile Sales Co., Ltd. and Beijing Benz Automotive Co., Ltd. will, through authorized Mercedes-Benz dealers, conduct free inspections of the affected fuse boxes for vehicles within the recall scope and replace them if the part numbers are incorrect to eliminate safety hazards. (Finance News)
[Eight Departments Seek Public Comments on the "Guidelines for the Outbound Transfer of Automobile Data Security (2025 Edition)"]Eight departments, including the Ministry of Industry and Information Technology, are seeking public comments on the "Guidelines for the Outbound Transfer of Automobile Data Security (2025 Edition)." Automobile data processors providing automobile data overseas shall declare a data outbound security assessment if any of the following circumstances apply: (1) providing important data overseas; (2) cumulatively providing personal information (excluding sensitive personal information) of over 1 million individuals overseas since January 1 of the current year; (3) cumulatively providing sensitive personal information of over 10,000 individuals overseas since January 1 of the current year; (4) operators of critical information infrastructure providing personal information overseas; (5) other circumstances specified by relevant state regulations that require a declaration of data outbound security assessment. (Cailian Press)
[GAC Group Promises: Rebate Payments to Dealers Will Be Completed Within Two Months Starting Today] GAC Group issued a commitment announcement: As a crucial part of the automotive industry chain, the stable development of dealers is a key factor in ensuring user service and experience. GAC Group actively responded to the initiative of the China Automobile Dealers Association to promote the healthy development of the automotive industry. Alongside its five major vehicle brands—Hyptec, Trumpchi, Aion, Honda, and Toyota—GAC Group promises that starting today, it will ensure the completion of rebate payments to dealers within two months to drive the high-quality development of the automotive industry. (Cailian Press)
[MIIT: National Lithium Battery Production Exceeded 473GWh in January-April, Up 68% YoY] The Ministry of Industry and Information Technology (MIIT) released data indicating that from January to April 2025, China's lithium-ion battery industry continued its growth momentum. According to information from enterprises under the lithium battery industry's standard announcement and calculations by industry associations, the total national lithium battery production from January to April exceeded 473GWh, up 68% YoY. In the battery segment, the production of energy storage lithium batteries exceeded 110GWh, and the battery installations for new energy vehicles were approximately 184GWh. The total export value of lithium batteries nationwide from January to April reached 155.4 billion yuan, up 25% YoY. In the first-stage materials segment, the production of cathode materials, anode materials, separators, and electrolytes from January to April was approximately 1.15 million mt, 760,000 mt, 8 billion m², and 470,000 mt, respectively, all showing YoY increases of over 40%. In the second-stage materials segment, the production of battery-grade lithium carbonate was 270,000 mt, up 60% YoY, while the production of battery-grade lithium hydroxide was 90,000 mt, down 14% YoY. The average prices of battery-grade lithium carbonate and lithium hydroxide (micro powder grade) from January to April were 74,000 yuan/mt and 76,000 yuan/mt, respectively. 》Click for details
Related Reading:
Weekly Summary of the LFP Market in June [SMM Lithium Battery Market Analysis]
[SMM Analysis] Behind the 60-Day Payment Commitment: Suppliers' Wry Smiles and Anticipations
[SMM Analysis] Separator Prices Remain Stable
[SMM Analysis] Anode Material Production Increased in May Due to Rising Demand
[SMM Analysis] Co3O4 Production Increased MoM in May; Industry Players Remain Cautious
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