GXED(SH:600617) Xin Hua She·2025-11-11 16:59Core Insights - The core viewpoint of the articles highlights the rapid growth of China's new energy vehicle (NEV) market, with NEV sales surpassing 51.6% of total new car sales for the first time in October 2025 [1] Production and Sales Data - In October 2025, NEV production and sales reached 1.772 million and 1.715 million units, respectively, marking year-on-year increases of 21.1% and 20% [1] - From January to October 2025, cumulative NEV production and sales totaled 13.015 million and 12.943 million units, reflecting year-on-year growth of 33.1% and 32.7% [1] - Overall, from January to October 2025, total automobile production and sales amounted to 27.692 million and 27.687 million units, with year-on-year increases of 13.2% and 12.4% [1] Monthly Performance - In October 2025, total automobile production and sales were 3.359 million and 3.322 million units, showing month-on-month growth of 2.5% and 3%, and year-on-year growth of 12.1% and 8.8% [1] - The automobile market continues to demonstrate a positive development trend, with monthly production and sales reaching record highs for the same period [1]