Jing Ji Guan Cha Bao·2025-05-01 14:11Core Insights - The Chinese automotive market continues to show signs of recovery, with the new energy vehicle (NEV) sector being the main driver of growth [3][5] - A clear trend of market polarization is emerging, where leading brands are gaining more market share while smaller brands face increasing pressure [5] Group 1: Sales Performance - BYD remains the market leader with April sales of 372,615 units, a year-on-year increase of 19.4%, and cumulative sales exceeding 1.38 million units, up 47% [2][3] - Geely Automotive reported total sales of 234,112 units in April, a 53% increase, with its NEV sales reaching 125,563 units, up 144% [2][3] - Xpeng Motors achieved a delivery of 35,045 units in April, marking a 273% year-on-year growth, and cumulative deliveries surpassed 700,000 units [2][4] - Li Auto delivered approximately 33,000 units in April, a 31.6% increase, with cumulative deliveries exceeding 1.26 million units [2][4] Group 2: Emerging Brands - Leap Motor saw a significant increase in deliveries, reaching 41,039 units in April, a 173% year-on-year growth [2][4] - Deep Blue Automotive reported a 58% increase in sales, while Avita achieved a remarkable 122.6% growth, setting a new historical high [5] - Lantu Automotive experienced a 150% increase in sales, indicating strong performance among smaller brands [5] Group 3: Market Trends - The NEV sector continues to be the primary growth driver in the automotive market, with leading companies like BYD, Geely, and Xpeng expanding their market presence through product innovation and technological advancements [5] - Traditional automakers are accelerating their transition to electric vehicles, with SAIC-GM-Wuling reporting a 22% increase in sales, and over half of its sales coming from NEVs [4][5] - The competitive landscape is evolving, with new models being launched and advancements in smart driving and supply chain capabilities becoming critical differentiators [5]