On June 19, 2025, the China Enterprise Bankruptcy and Reorganization Case Information Network showed that the bankruptcy case of NETA Automobile's parent company Hezhong New Energy Automobile Co., Ltd. was officially accepted by the Jiaxing Intermediate People's Court of Zhejiang Province, and the administrator was Zhejiang Zicheng Law Firm. The bankruptcy application was initiated by Shanghai Yuxing Advertising Co., Ltd., and the company's legal representative An Kun revealed that Hezhong New Energy owed it more than 5.3 million yuan in advertising service fees.
DENZA, a high-end sub-brand of BYD, announced that it will enter the Australian market in the third quarter of 2025. The first batch of models include Denza B5/B8 plug-in hybrid off-road vehicles renamed from Formula Leopard Leopard 5/Leopard 8, as well as Z9 electric station wagon and D9 luxury MPV, marking a major breakthrough for Chinese new energy luxury brands in the right-hand drive market.
On June 19, 2025, the Buick brand officially announced the launch of the Buick new pure electric E5, a large five-seater SUV with superior quality. As the first model of the Autoneng 2.0 multi-drive platform, the new car has achieved 47 upgrades from the inside out, covering multiple dimensions such as design, performance, intelligent interaction, and comfort and convenience.
Lixiang Automobile CEO Lixiang confirmed today through Weibo that the brand's first pure electric SUV Lixiang i8 will be officially released in late July 2025, and the production, training and delivery systems have entered the final preparation stage. Along with the official announcement, there is also a dynamic video of the real car without camouflage, showing its family design language that integrates MEGA and L series.
Ford Motor announced on June 19, 2025 that it will recall 317,000 Mustang Mach-E electric vehicles from 2021 to 2025 worldwide due to abnormal discharge of the 12-volt battery, which may cause the electronic door lock to fail. The defect is manifested as follows:
On June 18, 2025, Chery EXEED's high-end electric vehicle hybrid model Sterra ET Camping Edition was officially launched, with an official guide price of RMB 252,800. As a derivative version designed for outdoor scenes, the new car retains the flagship-level intelligent configuration while adding an exclusive outdoor package and 2-ton trailer qualification, becoming a unique presence in the current medium and large extended-range SUV market.
On June 18, Leapmotor announced that the 2026 C16 was officially launched, with a total of 8 models, priced between RMB 151,800 and RMB 181,800. As an annual facelift model, the C16 has three core upgrades: "comfort advancement, endurance advancement, and intelligence advancement", becoming the first medium-to-large SUV with standard laser radar within RMB 200,000. It is known as the "half-price Lixiang" smart family car in the industry.
In the second quarter of 2025, Tesla faced severe inventory pressure in the United States. Satellite images show that its unsold vehicles have formed a large-scale open-air parking lot. Hundreds of new cars are parked in a demolished shopping mall parking lot in Chesterfield, Missouri alone, and the official delivery center three miles away has long been saturated. Similar scenes have reappeared in Farmington Hills, Michigan and other places. About 100 Cybertrucks were forced to be stored in the open air, and the sales of this model plummeted by 50% year-on-year.
On June 17, SGMW announced that Baojun Yunhai EV 500km pure electric youth version was officially launched, with an official guide price of RMB 155,800, becoming the highest-priced model in the Yunhai EV series. The car is based on the pure electric version previously reported by the Ministry of Industry and Information Technology of China (body size 4541×1880×1608mm, wheelbase 2750mm), focusing on comfort configuration upgrades, and the CLTC working range remains unchanged at 500 kilometers.
In 2025, the pure electric sedan market will usher in a highlight moment. China's Dongfeng joint venture Nissan N7 will enter the 100,000-level market with a starting price of 119,900 yuan, and will face off against BYD Qin L EV (starting at 119,800 yuan). The two models only differ by 100 yuan, but they present completely different product logics. Wancheng EV Car will analyze this "value orientation battle" from six dimensions.
