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Cui Dongshu: From January to March, 0.095 million Autos were imported, a decrease of 39% year-on-year.
From January to March 2025, the number of imported Autos was 0.095 million units, a decrease of 39% year-on-year, which is a significant decline rarely seen in recent years for the period of January to March.
When Autos "roll" towards the sky: Xpeng Huitian, Fengfei, GAC and others showcase eVTOL for the first time at the Shanghai Auto Show | New Forces in the Auto Show.
① The 2-ton level eVTOL from Fengfei Aviation, Xiaopeng Huitian's "land aircraft carrier", and GAC high domain's GOVY-Aircar all made their appearance at the Shanghai Auto Show; ② Reports indicate that these manufacturers' eVTOLs/flying cars are making their debut at the Shanghai Auto Show.
BYD (002594): Strong overseas expansion drives performance in line with expectations.
Event: On April 25, BYD released the 2501 Earnings Reports: 1. Revenue: Q1 Autos sales of 1.001 million units (including Commercial Vehicles), year-on-year / quarter-on-quarter +60.3% / -34.3%, revenue 170.36 billion yuan, year-on-year / quarter-on-quarter.
The Shanghai Auto Show witnesses the "mutual rush" of Chinese and foreign enterprises: multinational car companies are deeply cultivating the Chinese market while domestic supply chain enterprises are accelerating their move towards Global.
① The 2025 Shanghai Auto Show focuses on smart electric vehicles, with foreign car companies accelerating their integration into the China supply chain, and local innovative forces rising; ② Under the pressure of transformation, Toyota deepens its local layout by establishing a wholly-owned factory in Shanghai, betting on localization and supply chain synergy; ③ Joint venture brands strengthen collaboration in local innovation chains, as China supply chain companies accelerate their dominance in the Global smart electric vehicle industry.
BYD (002594) Q1 2025 earnings report review: Q1 performance is impressive, with core technologies for the three electric systems making further breakthroughs.
Q1 performance meets market expectations. In Q1 2025, the company's revenue was 170.4 billion yuan, +36%/-38% year-on-year, with a net income of 9.2 billion yuan, +100%/-39% year-on-year, and a net income excluding non-recurring items of 8.2 billion yuan.
Express News | BYD: Internet user "Grape Crushed Ice" detained for spreading rumors.