Multiple economic indicators of the Chinese automobile industry achieved double-digit growth YoY in 1H25, according to data released by the China Association of Automobile Manufacturers (CAAM).Since the beginning of the year, China has implemented more proactive macroeconomic policies to maintain overall economic stability.Related NewsUBS Expects Xiaomi YU7 Sales to Reach 85K/ 430K Units in Next 2 Yrs; Investor Concerns Over Tesla Supply Chain OverblownData shows that China's automobile market continued its positive trend during the period, with production and sales both leaping by more than 10% YoY to over 15 million vehicles.Specifically, the production and sales of new energy vehicles (NEVs) reached 6.968 million and 6.937 million units respectively, up 41.4% and 40.3% YoY. The NEV sales accounted for 44.3% of the total new car sales.