BYD(002594) 证券时报网·2025-06-01 12:48Summary of Key Points Core Viewpoint - The electric vehicle (EV) market in China is experiencing significant growth, with various companies reporting impressive sales figures for May 2025, indicating a strong demand for new energy vehicles. Group 1: BYD Sales Performance - BYD reported May sales of 382,500 units, up from 331,800 units in the same month last year, marking a year-on-year increase of approximately 14.5% [2] - Cumulative sales for the year reached 1,763,400 units, a 38.7% increase compared to 1,271,300 units in the same period last year [2] - The breakdown of sales includes 376,900 passenger vehicles and 5,546 commercial vehicles, with commercial vehicle sales showing a remarkable growth of 531.4% year-on-year [2] Group 2: New Entrants and Competitors - Leap Motor achieved a record delivery of 45,067 units in May, representing a year-on-year growth of over 148% [3] - Xiaomi's vehicle deliveries remained stable at over 28,000 units for May, consistent with April's figures, while expanding its sales network to 298 stores nationwide [4] - Li Auto delivered 40,856 vehicles in May, a year-on-year increase of 16.7% [5] - Xpeng Motors reported 33,525 units delivered in May, a significant year-on-year increase of 230% [5] Group 3: Other Notable Performances - Zeekr delivered 46,538 units in May, reflecting a year-on-year growth of 15.2% [6] - NIO delivered 23,231 vehicles in May, with a cumulative total of 760,789 units as of May 31, 2025 [5] - Geely's sales reached 235,208 units in May, showing a year-on-year growth of approximately 46% [6] - Hongqi brand reported sales exceeding 34,100 units in May, with a 10.8% year-on-year increase [6]