Retail: In May 2025, China’s passenger vehicle retail sales reached 1.932 million units, up 13.3% YoY and 10.1% MoM. Cumulative retail sales from January to May totaled 8.811 million units, a 9.1% YoY increase.
The auto industry faces its iPhone moment – function converges, design originality fades. Xiaomi’s gamble highlights the tension: when does “smart iteration” cross into creative bankruptcy?
This isn’t the first time an EV’s “smart” systems turned deadly after a collision, but the SU7’s disastrous safety flaws — just weeks after its launch — have reignited a furious debate: Can we trust “disruptor” brands with lives?
“China’s auto market surged in March 2025, with NEVs hitting 51% retail penetration as domestic brands dominated, while easing price wars and export pressures shaped a stabilizing yet competitive landscape.”
![[POLICY WATCH] CHINA’S 2025 CAR SCRAPPAGE SCHEME: HOW NEVS ARE RESHAPING THE MARKET](http://www.zingevs.com/wp-content/uploads/2025/07/388ec94d-e2cc-4894-97e0-48762c7e4d1d-1024x615.jpg)
