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February saw a sharp rebound, with passenger vehicle registrations jumping 20.53% year on year to 1,306,629 units, though still down 27.01% from January.

On March 28, 2025, LiDAR tech company RoboSense officially launched the AC1, the first product in its new Active Camera series, along with the AI-Ready ecosystem.

On March 27, Chinese new energy vehicle (NEV) maker NIO Inc. announced a share placement of up to 118.79 million Class A ordinary shares at HK$29.46 per share, aiming to raise approximately HK$3.5 billion (around 3.271 billion RMB).