Cui Dongshu: The dual promotion policies are driving strong growth in the domestic car market, with a noticeable north-south disparity.

According to the Wisdom Financial APP, on August11th, Cui Dongshu stated that in the favorable environment promoted by the national policies for new energy vehicles, the domestic demand for passenger cars is expected to grow by 11% in 2025, showing a strong growth trend in the domestic car market from February to June. 1. The characteristics of the strong North and weak South are obvious. The market share in the Northern region increased by 3.3 percentage points in June 2025 compared to the same period last year, and increased by 5.7 percentage points compared to 2019. The Northeastern region's car market has been gradually strengthening in recent years, with steady growth from 2023 to 2024, and maintaining a high market share of 7% in June 2025. The economy in the South is good, but the car market is poor, with a significant decline in the June car market in the East China region, and also in South China.