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AITO celebrated the production of its one-millionth vehicle on January 13, with plans to double that figure within two years, driven by the success of the AITO M5 and a strong service network. Concurrently, China's Ministry of Industry and Information Technology announced new regulations for recycling used power batteries from new energy vehicles, amid a significant growth in the NEV market, while CATL Chang'an revealed a 5.5 billion yuan investment for a new battery production facility.