低价小型车销量占比达30%，吉利银河该高兴吗

Core Insights - The Galaxy brand of Geely has seen significant success with its small electric vehicle, the Xingyuan, which has sold over 40,000 units for four consecutive months, becoming the best-selling model in the A0 electric vehicle market [2][3] - The launch of the 2026 Xingyuan model, priced from 65,800 yuan, includes new color options and upgraded features to maintain market interest [2] - The growth of the small electric vehicle market in China has been driven by declining battery prices, improved configurations, and government incentives, leading to a resurgence in sales [2][3] Market Performance - The A0-level new energy vehicle sales reached 629,000 units in the first eight months of 2025, marking a 97.6% year-on-year increase [2] - Geely Galaxy's cumulative sales reached 1.45 million units by September 2023, with the Xingyuan accounting for nearly 30% of this total [4] - The Galaxy brand has also introduced other models with strong sales, including the Galaxy A7 and the Panda, contributing to its overall growth [4] Competitive Landscape - The small electric vehicle market has become increasingly competitive, with notable models from BYD and Wuling, among others [3] - Geely Galaxy's strategy focuses on both low-cost models and mid-to-high-end vehicles, with the recent launch of the flagship Galaxy M9 SUV showing promise in the higher-end market [4] - Despite the success of the Xingyuan, Geely Galaxy faces challenges in establishing a strong presence in the mid-to-high-end market compared to BYD [5]