From January to May 2025, China's share of the global automotive market climbed to 34%, with a notable rebound in May to 34.7%, marking a year-on-year increase of 2.7 percentage points. This surge is attributed to policy incentives that bolstered the Chinese auto market from March through May. The initial dip in market share at the start of the year was a typical fluctuation attributed to the impact of the Spring Festival.