1. Focus: New Energy Vehicle Penetration Rate Exceeds 50% for the First Time
2. Breaking Boundaries: A Seminar on Reconstructing the New Ecosystem of Automotive Channels in the New Era Successfully Held in Haikou
3. 98 Companies! Liaoning Yingkou Transportation Group Signs Strategic Cooperation Agreement with Xinruili
4. 2025 Car Enjoy Home Skills and Service Competition Finals Successfully Concluded
5. Shengdi Joins Hands with China’s Speed: Ye Yifei and Deng Yi Compete in the Macau Grand Prix’s Major Event, the FIA GT World Cup
[Focus: New Energy Vehicle Penetration Rate Exceeds 50% for the First Time]
New Energy Milestone: October sales of new energy vehicles reached 1.715 million units, with the penetration rate exceeding 50% for the first time, reaching 51.6%. Marking China’s Auto Market’s Official Entry into an Era Dominated by Electrification
Sales Reach Record Highs: October auto production and sales reached 3.359 million and 3.322 million units respectively, representing year-on-year increases of 12.1% and 8.8%, setting new records for the same period.
Brand Landscape: Chinese brands hold over 70% market share. BYD sold 441,700 units in October, while XPeng delivered 42,013 units, setting a new historical record.
[Breaking Boundaries: Reconstructing a New Era of Automotive Channel Ecosystem Seminar Successfully Held in Haikou]
From November 5th to 7th, the China Automotive Circulation Industry Annual Conference and Expo was held in Haikou, concurrently hosting the “Breaking Boundaries: Reconstructing a New Era of Channel Ecosystem” seminar. Liu Wenji pointed out that channel competition is shifting towards integration and innovation, requiring the construction of a user-centric new ecosystem. Fan Yu mentioned that 4S stores contracted by 1.9%, the growth rate of new energy vehicle networks slowed, and channels are developing towards hybrid and lightweight models. Chen Yunna emphasized that the aftermarket can activate consumer potential by cultivating automotive culture. Peng Jun shared the “separation of order and delivery” and “1+N” channel transformation paths. Lang Xuehong predicts that new car registrations will reach 28 million in 2025, exports will exceed 7 million, and production and sales will surpass 35 million in 2026. Interactive discussions reached a consensus that manufacturers and distributors need to coexist and achieve win-win results to build a new industrial ecosystem.
[98 Companies! Liaoning Yingkou Transportation Group and Xinruili Sign Strategic Cooperation Agreement]
On November 13th, Yingkou Transportation Group and Xinruili held a strategic cooperation signing ceremony. Wang Shiyu, Party Secretary and Chairman of Yingkou Transportation Group, and Ji Baoguo, General Manager of Xinruili’s Northeast Region, along with other leaders from both sides, attended the ceremony.
Wang Shiyu stated that the joint venture is a key step for the group to deepen state-owned enterprise reform and extend its industrial chain. It is also a practical response to the national transportation strategy and a service to the regional economy, aiming to create a benchmark for cooperation between state-owned and private enterprises. Ji Baoguo expressed hope to accelerate project implementation, unleash the synergistic benefits of “state-owned enterprise strength + private enterprise vitality,” and achieve a win-win situation.
At the ceremony, Ma Jiqing and Ji Baoguo signed the agreement on behalf of their respective parties. It is reported that Yingkou Jiaoyun will leverage its station resources, local operations, and brand advantages, while Xinruili will inject its nationwide supply chain, high-quality products, and digital experience to jointly promote the establishment of the joint venture. This cooperation is Yingkou Jiaoyun’s attempt to explore the integration of “transportation + industry” and also a measure for Xinruili to deepen its layout in Northeast China, aiming to build a new regional auto parts service ecosystem. Currently, Xinruili has partnered with 98 public transportation companies in 24 provinces.
[2025 CarShare Skills and Service Competition National Finals Successfully Concluded]
On November 12th, the national finals of the “Speedy Cars, Extraordinary Experience – 2025 CarShare Skills and Service Competition,” jointly organized by CarShare and Castrol, concluded at the SAIC Group Training Center. After nationwide selection, 21 contestants competed in two tracks: “Maintenance and Inspection” and “Live Streaming Sales.”
The “Maintenance and Inspection” track focused on standardized oil change procedures, assessing contestants from three dimensions: work standards, efficiency, and quality. Contestants practiced safe and standardized work practices through hands-on experience. The “live-streaming sales” format employs a two-person partnership model, where contestants possess both automotive repair expertise and marketing skills. Leveraging their eloquence and teamwork, they vividly convey professional automotive services in the live stream, showcasing the multifaceted charm of “refined repair and eloquent communication.” The competition fully demonstrates the professional strength of CarShare in both service and marketing dimensions.
[WinHERE Partners with Chinese Speed: Ye Yifei and Deng Yi Join Forces for the Macau Grand Prix's FIA GT World Cup]
WINHERE Braking and WinHERE Racing announced that Ferrari factory driver and Le Mans 24 Hours endurance champion Ye Yifei has been appointed Chief Product Experience Officer, while WinHERE Racing’s Chief Driver Deng Yi has been appointed Chief Product Test Officer and R&D Engineer. The two will team up to compete in the Macau Grand Prix’s FIA GT World Cup.
Ye Yifei has repeatedly broken records for Chinese drivers, and Deng Yi has won multiple championships in events such as the GTWC Asia Cup. The two will use track testing to assist WinHERE in the R&D and verification of its high-performance braking products, providing feedback on driving experience and test data. With racing as its core focus of research and development, Shengdi Braking collaborates with top drivers to drive technological innovation, showcasing China’s manufacturing prowess and contributing to the progress of China’s motorsport industry.
Post time: Nov-20-2025
