New Energy Vehicle Industry Policies: Comprehensive Policy Implementation, Substantial Subsidies
On September 30, 2025, the Ministry of Industry and Information Technology of China and eight other government departments issued the “Automotive Industry Stable Growth Work Plan (2025-2026).” This plan clearly defined China New Energy Vehicle sales target of 15.5 million units by 2025, proposed breakthroughs in automotive core chips, solid-state batteries, and intelligent driving systems, and continued the new energy vehicle purchase tax exemption policy.
Substantial subsidies continue to be implemented, with China continuing to implement a policy combination of “trade-in + consumer coupons + loan interest subsidies.” This policy combines supply-side technological breakthroughs with demand-side consumer stimulus, creating a dual-track support strategy of “supply-side technological breakthroughs + demand-side consumption stimulus.” This policy not only sets clear growth expectations for the industry but also precisely stimulates market vitality through differentiated subsidies.
Production and Sales Information: New Energy Vehicle Penetration Rate Exceeds 58% Critical Point
New energy vehicle sales data released by China shows that 1.25 million new energy vehicles were sold in September, a record high and an 8.3 percentage point increase over the same period last year. This sales data suggests a trend of “one in every two cars sold is a new energy vehicle.” The China Association of Automobile Manufacturers predicts that annual sales will reach 13 million units in 2025, a 25% increase over the same period last year.
OEM: New Power Brands Are Driving the New Energy Market
The new energy vehicle market is currently showing steady growth for leading brands, while new power brands are breaking through sales ceilings: Leapmotor set a new monthly record with 66,700 deliveries, a 97% year-on-year increase, and achieved its one millionth vehicle rolloff; BYD led the industry with sales of 396,000 vehicles, and Xiaomi’s deliveries exceeded 40,000 vehicles for the first time.
The Zeekr 9X launched on September 29th, with over 10,000 pre-orders received in just 13 minutos. The Ideal i6 was delivered immediately after its launch, selling out its initial production capacity and offering a purchase tax guarantee program.
Core Technology Breakthrough: Batteries and Chips as the Twin Engines of Innovation
Breakthrough in Battery Technology: CATL Xiaoyao Battery has entered mass production, supporting extended-range vehicles with a pure electric range exceeding 400km and 4C fast charging capabilities.
NVIDIA Thor chip (2000TOPS computing power), an intelligent hardware upgrade, is now officially being installed in vehicles from brands like Ideal, Xiaomi, e Zeekr. This integrates intelligent driving with in-cabin computing power, reducing system costs.
Conclusion
Driven by comprehensive policies and generous subsidies across the Chinese automotive industry, new energy vehicle sales have reached record highs, with market penetration exceeding 58%. New energy brands are rapidly emerging, leading sales significantly, and achieving breakthroughs in both electrical technology and intelligent hardware chip technology.
