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Nissan's global sales in October fell 2.7% YoY, while the US market saw a 13.4% YoY increase, marking the first growth in three months. Global production declined for the fifth consecutive month, with a 6.3% YoY decrease. Nissan plans to cut 9,000 jobs and reduce production capacity by 20% to cut costs, but potential US tariffs may impact its restructuring efforts.

The 2025 Volkswagen Golf family was officially launched on November 30, including the regular, R-Line, and GTI versions, priced from 12.99 to 20.99 million yuan. The new models have been upgraded in terms of appearance and interior, equipped with a new 1.5T Evo2 engine with a maximum power of 118 kW, while the GTI version continues to use a 2.0T engine with a maximum power of 162 kW。

The Geely EX5 (known as the Galaxy E5 in China) has launched in Thailand at the Thai Motor Expo, marking its first international market. The electric SUV offers two variants, priced at 859,000 baht and 949,000 baht. Both models feature a 218 PS front motor and a 60.22 kWh LFP battery, supporting up to 100 kW DC fast charging and 11 kW AC charging, with a V2L function up to 3.3 kW. The Max variant adds a panoramic sunroof, head-up display, and "zero gravity" front passenger seat.

In Q4 2023, BYD surpassed Tesla in pure electric vehicle (EV) sales for the first time, delivering 526,409 units compared to Tesla's 484,507. However, Tesla maintained a lead in annual sales with 1,808,581 units delivered, while BYD's total was 1,574,822. Tesla CEO Elon Musk acknowledged the competitive strength of Chinese automakers during a recent earnings call, noting their potential to disrupt the global market without trade barriers. Analysts are bullish on Chinese automakers' ability to innovate and meet market demand. Tesla plans to launch a new mass-market EV, codenamed Redwood, in 2025 to further expand its market reach.

In November 2024, NIO delivered 20,575 vehicles, a 28.9% increase YoY, including 15,493 from the NIO brand and 5,082 from the ONVO brand. The cumulative delivery for 2024 reached 190,832 vehicles, up 34.4% YoY, with a total of 640,426 deliveries. NIO remains committed to creating value for users through technological innovation and exceptional products and services.

GAC Group and Huawei have signed a deepened cooperation agreement to create a new high-end smart electric vehicle brand in addition to Trumpchi, Aion, and Haobo. The two parties will cooperate in product development, marketing, and ecological services to bring leading smart experiences to users。