Detail

On April 28, the State Council Information Office held a press conference where Vice Chairman Zhao Chenxin of the National Development and Reform Commission and others introduced policies for stable employment and economic development. Zhao announced the establishment of a childcare subsidy system, creation of special relending tools, support for service consumption and elderly care industries, and implementation of a consumption boost action plan, including targeted increase of vehicle quotas for key groups in cities with purchase restrictions.

In Q1 2025, new EU car registrations declined by 1.9% year-on-year, with a slight 0.2% drop in March 2025. Battery-electric vehicle (BEV) sales grew by 23.9%, capturing 15.2% of the market share. Hybrid-electric vehicles (HEVs) increased by 20.7%, accounting for 35.5% of the market. Traditional fuel vehicles saw a decline, with gasoline car registrations down 20.6% and diesel cars down 27.1%, resulting in market shares of 28.7% and 9.5% respectively.

The European Union has revised its additional tariffs on electric vehicles manufactured in China, with brands such as Tesla experiencing a decrease in rates. Tesla's tariff rate has been reduced from 20.8% to 7.8%, and Geely's rate has also seen a reduction. This adjustment could influence the competitiveness of Chinese electric vehicles in the European market. China has welcomed the EU's decision and expressed its willingness to resolve trade disputes through dialogue and consultation.

On May 7, 2025, SAIC - GM Wuling announced that the Hongguang MINIEV family sold 28,990 units in April, marking the 57th consecutive month as the top - selling new energy microcar. Since its launch in 2020, the Hongguang MINIEV has garnered over 1.5 million user endorsements and introduced multiple models. Additionally, Wuling's new mid - size sedan, the 2025 Wuling Xingguang, is set to launch in the second quarter, with a pre - sale price range of 109,800 - 129,800 yuan. The 2025 Wuling Xingguang continues the Starlight Aesthetics design, offering three exterior colours: Star Curtain Black, Star Shine Gold, and Star Radiance White. The vehicle measures 4835×1860×1515 mm with a wheelbase of 2800 mm. Inside, the car features a new - style steering wheel and a column - mounted gear selector, optimising the storage space on the centre console. Two interior colour schemes are available: Dawn Orange and Night Grey. The car supports full - speed - range intelligent driving assistance from 0 - 130 km/h, features high - speed intelligent navigation assistance, and is equipped with a 150 - kW motor with a peak torque of 310 Nm. Battery configurations vary by model.

On April 30, 2025, Proton unveiled the locally - assembled (CKD) X70 in Bangladesh. Previously sold as a fully - imported (CBU) model through PHP Automobiles, the C - segment SUV is now under Rancon Cars, with local assembly taking place at the Rancon Auto Industries facility in Bhawanipur, Kashimpur, Gazipur, inside the Rancon Industrial Park. According to reports by The Autodrive, The Business Standard and The Daily Star, the made - in - Bangladesh X70 is priced at 3.85 million Bangladeshi taka (about RM134k), lower than the CBU version that retailed for between Tk4.4 and 4.8 million (RM153k and RM167k). All units come with a five - year, 150,000 - km warranty and feature a single variant powered by a 1.5 - litre turbocharged inline - three petrol engine with 177 PS (130 kW) and 255 Nm of torque, mated to a seven - speed dual - clutch transmission, identical to the Malaysian - spec X70. The X70 in Bangladesh is equipped with 19 - inch alloy wheels, keyless entry and start, selectable drive modes, an eight - inch touchscreen infotainment system, connected services (weather updates, music streaming), dual - zone climate control (with N95 air filter), Nappa leather seat upholstery, a 360 - degree camera, six airbags, adaptive cruise control, autonomous emergency braking, blind spot monitoring, lane departure warning, hill hold and descent control.

In April 2025, Proton sold 12,692 units (including exports, smart and eMas), marking a 14.7% year - on - year (YoY) increase and a projected 20.8% market share for the month, based on an estimated total industry volume of 60,886 units (+1.8% YoY, - 16.3% MoM). The eMas 7 remains Malaysia's best - selling EV, with 863 units sold in April (including exports) and a year - to - date (YTD) tally of 2,716 units. Proton states that EVs now account for 6% of its total sales, making Proton eMas the country's second - best - selling EV brand. The X50 reclaimed the B - SUV crown by selling 2,389 units in April (its best month so far this year) for a YTD total of 7,506 units (+420 units YoY). Other models' April and YTD sales are as follows - X90 (194, 873, D - Segment SUV leader), S70 (1,716, 6,181, C - Segment sedan leader), X70 (682, 2,839) and Saga (5,213, nearly 21,000). The Persona and Iriz sold 1,328 and 290 units respectively in April, ranking them second in the B - Segment sedan and fourth in the B - Segment hatch in terms of sales. In terms of exports, April was Proton's best month so far this year, with 520 units sold outside Malaysia, comprising the X50, Saga and eMas 7. The EV SUV was recently previewed at The Car Expo in Singapore, marking Proton's return to the market after 13 years, and the locally - assembled Proton X70 was unveiled in Bangladesh.