Zhong Guo Zheng Quan Bao·2025-11-02 20:16Core Insights - The automotive market is experiencing strong sales performance in October, driven by the "Golden September and Silver October" peak season, with several companies reporting significant delivery numbers for new energy vehicles [1][2][3] Group 1: New Energy Vehicle Performance - Leap Motor achieved a record monthly delivery of 70,289 units in October, marking a year-on-year increase of over 84% [1] - XPeng Motors delivered 42,013 vehicles in October, a 76% year-on-year increase, and is expanding into international markets [2] - NIO delivered 40,397 vehicles in October, a 92.6% year-on-year increase, with significant contributions from its various brands [2] - Xiaomi Motors also surpassed 40,000 deliveries in October, while Li Auto's deliveries decreased [2] Group 2: Traditional Automakers' Performance - BYD reported 441,706 new energy vehicle sales in October, a 12% year-on-year decline, but with a month-on-month increase [3] - SAIC Group's total vehicle sales reached 453,978 units in October, a 12.96% year-on-year increase, with new energy vehicle sales up 31.6% [3] - Chery Group's October sales reached 281,161 units, with new energy vehicle sales growing by 54.7% [3] - BAIC New Energy sold 30,542 units in October, a 112% year-on-year increase [3] Group 3: Market Outlook and Trends - Experts predict that the automotive market's overall performance will exceed expectations, with new energy vehicle sales expected to surpass 16 million units [4] - The implementation of the vehicle trade-in policy is expected to significantly boost market demand [4] - The automotive industry is witnessing a shift towards new energy vehicles, with projections indicating that they will become the mainstream product in the market within the next 5-15 years [4]