


Core Viewpoint - In May, the automotive market saw significant sales growth, with BYD leading the way, while competition intensified among various car manufacturers, including new energy vehicle companies [1][2][3]. Group 1: BYD Performance - In May, BYD achieved sales of approximately 382,500 vehicles, marking a year-on-year increase of 15.3%, setting a new monthly sales record for the year [1]. - Cumulatively, BYD's sales for the first five months reached 1.7634 million vehicles, reflecting a year-on-year growth of 38.7% [1]. Group 2: Competitors' Performance - Four car manufacturers surpassed cumulative sales of 1 million vehicles in the first five months, with SAIC Group selling about 1.687 million vehicles, trailing BYD by less than 100,000 vehicles [3]. - In May, SAIC Group's sales were approximately 366,000 vehicles, showing a year-on-year increase of 10.2% [3]. - Geely and Chery also joined the "million club," with Geely's cumulative sales at about 1.173 million vehicles (up 49%) and Chery's at approximately 1.0265 million vehicles (up 14%) [3]. Group 3: New Energy Vehicle Companies - New energy vehicle companies like Zeekr, Leap Motor, and Li Auto reported strong performances, with Zeekr selling about 46,500 vehicles in May, maintaining over 40,000 monthly sales for three consecutive months [4]. - Leap Motor's May delivery was approximately 45,000 vehicles, while Li Auto delivered around 40,800 vehicles, reflecting a year-on-year growth of 16.7% [4]. - Xpeng Motors saw a significant increase, delivering about 33,500 vehicles in May, a year-on-year growth of 230% [4]. Group 4: Market Trends and Price Competition - The automotive market in May experienced a new round of price wars, prompting the China Automotive Industry Association to advocate for fair competition and oppose bottomless price wars [6]. - The Ministry of Industry and Information Technology expressed support for the association's initiative, emphasizing the need to maintain a healthy competitive environment in the industry [6].