Core Insights - In October, China's automotive production and sales reached 3.359 million and 3.322 million units, respectively, marking year-on-year increases of 12.1% and 8.8% [1] - New energy vehicles (NEVs) accounted for 1.772 million in production and 1.715 million in sales, with year-on-year growth of 21.1% and 20%, respectively, achieving a market share of 51.6% for the first time [1] - The automotive industry has maintained growth momentum throughout the year, with production and sales for the first ten months reaching 27.692 million and 27.687 million units, reflecting year-on-year increases of 13.2% and 12.4% [1] Industry Performance - The automotive market is experiencing a favorable development trend, driven by a rapid supply pace and the launch of new models as companies capitalize on the end-of-year policy transition [1] - The passenger vehicle market is showing steady growth, while the commercial vehicle market continues to improve, with NEVs growing at a faster rate [1] - The "two new" policies have significantly stimulated the automotive market, with expectations for total annual production and sales to reach 34 million units, setting a new historical record [1]
10月份我国新能源汽车销售171.5万辆 首超新车总销量一半