Core Insights - In October 2025, China's new energy vehicle (NEV) sales reached 51.6% of total new car sales, marking the first time NEVs surpassed half of the market share [1] - NEV production and sales in October were 1.772 million and 1.715 million units, respectively, representing year-on-year growth of 21.1% and 20% [1] - Cumulative NEV production and sales from January to October reached 13.015 million and 12.943 million units, with year-on-year increases of 33.1% and 32.7% [1] - Overall, total vehicle production and sales for the same period were 27.692 million and 27.687 million units, reflecting year-on-year growth of 13.2% and 12.4% [1] - The automotive market's growth rate has exceeded initial expectations, with projections indicating that total vehicle production and sales will surpass 34 million units this year, achieving a historical high [1] Industry Outlook - The automotive industry is expected to focus on boosting consumption as a key initiative in the upcoming year, coinciding with the start of the 14th Five-Year Plan [2] - The "old-for-new" vehicle replacement policy has shown significant positive effects since the second half of last year, and it is recommended to optimize and implement related policies in the coming year to stabilize market expectations [2]
10月新能源汽车卖了171.5万辆 首超新车总销量50%
Zhong Guo Zheng Quan Bao·2025-11-11 23:34