Zhong Guo Zheng Quan Bao·2025-11-02 20:37Core Viewpoint - The automotive market is experiencing strong sales performance in October, driven by the "Golden September and Silver October" peak season, with several new energy vehicle (NEV) manufacturers reporting record deliveries [1][2][4]. Group 1: New Energy Vehicle Manufacturers - Leap Motor achieved a monthly delivery of 70,289 vehicles in October, marking a year-on-year increase of over 84% [2]. - Xpeng Motors delivered 42,013 vehicles in October, a 76% year-on-year increase, and has entered several 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 [3]. Group 2: Traditional Automakers - BYD reported NEV sales of 441,706 units in October, a 12% year-on-year decline, but with a month-on-month increase [4]. - SAIC Group's total vehicle sales reached 453,978 units in October, a 12.96% year-on-year increase, with NEV sales growing by 31.6% [4]. - Chery Group's NEV sales reached 110,346 units, a 54.7% year-on-year increase, marking a significant milestone [4]. - The sales of Seres' NEVs hit a record high of 51,456 units, reflecting a 42.89% year-on-year growth [4]. Group 3: Market Outlook and Trends - Experts predict that the automotive market will exceed previous production and sales expectations, with NEV sales projected to surpass 16 million units [1][6]. - The implementation of vehicle trade-in policies is expected to significantly boost market demand [1][6]. - The automotive industry is witnessing a shift towards NEVs becoming mainstream products, with projections indicating an 85% penetration rate for passenger NEVs by 2040 [6].