BYD(SZ:002594) Zheng Quan Shi Bao Wang·2025-07-01 15:47Core Viewpoint - The sales performance of various electric vehicle manufacturers has reached new highs in June, driven by the "trade-in for new" policy, leading to a significant boost in the automotive consumption market in the first half of the year [1][6]. Group 1: New Energy Vehicle Sales Performance - Hongmeng Zhixing announced a record delivery of 52,700 vehicles in June, achieving a daily delivery high of 3,651 vehicles, making it the monthly sales champion among new energy vehicle manufacturers [2]. - Leap Motor achieved a historical high of 48,000 deliveries in June, with a year-on-year growth exceeding 138%, totaling 221,700 deliveries in the first half of the year [2]. - Xiaomai's delivery exceeded 25,000 units in June, with the new model YU7 achieving over 240,000 orders within 18 hours of its launch [2]. - XPeng Motors reported a significant increase in deliveries, with 34,600 new cars delivered in June, a year-on-year growth of 224%, and a total of 197,200 deliveries in the first half of the year [2][3]. Group 2: Established Automakers' Sales Growth - BYD's sales reached 2.146 million units in the first half of the year, a year-on-year increase of 33.04%, with June sales of 382,600 units, up 12% [4]. - SAIC Group reported a cumulative sales figure of 646,300 new energy vehicles in the first half of the year, a year-on-year increase of 40.19%, with June sales of 120,700 units, up 29.19% [4]. - Great Wall Motors sold 36,400 new energy vehicles in June, with a total of 160,400 units sold in the first half of the year [4]. Group 3: Market Trends and Policies - The retail market for narrow passenger vehicles in June was estimated at around 2 million units, a year-on-year increase of 13.4%, with new energy vehicle retail expected to reach 1.1 million units, achieving a penetration rate of approximately 55% [5]. - The "trade-in for new" policy has been a significant growth factor, with 4.12 million applications for subsidies submitted by the end of May [6]. - The government plans to continue supporting the automotive market with subsidy policies, ensuring orderly implementation throughout the year [6].