On July 7, GF Securities unveiled its interim strategy report for the automotive industry outlook through 2025. The report highlights that for passenger vehicles and their components, domestic terminal sales are anticipated to sustain steady growth in 2025, accompanied by a deceleration in price growth. The full-year terminal growth rate forecast has been marginally adjusted upwards. Key areas of focus in 2025 include three pivotal shifts: advancements in mid- to high-level assisted driving technologies, and the '5326' SUV market trend. For the commercial vehicle segment, it is projected that the trade-in policy in 2025 will propel heavy truck sales beyond expectations, while sales of large and medium-sized buses are expected to remain stable. In the realm of intelligence, Chinese brands are ramping up their market penetration, signaling an imminent turning point in user experience.