新能源板块行业周报：9月新能源汽车产销创历史新高，动力电池产销同环比保持增长

Investment Rating - The report provides a positive outlook on the new energy vehicle (NEV) sector, suggesting that leading companies in the lithium battery supply chain are expected to benefit from decreasing raw material costs and increasing terminal demand [7]. Core Insights - In September, NEV production reached a historical high of 1.307 million units, representing a year-on-year increase of 48.8%, with cumulative production from January to September at 8.316 million units, up 31.7% year-on-year [5]. - NEV sales in September also hit a record high of 1.287 million units, a year-on-year increase of 42.3%, achieving a market share of 45.8% [5]. - The production of power batteries in September was 111.3 GWh, reflecting a month-on-month increase of 9.9% and a year-on-year increase of 43.3% [6]. - The average price of battery-grade lithium carbonate slightly decreased, with prices reported at 76,900-78,900 CNY per ton as of October 11, 2024 [6]. Summary by Sections NEV Production and Sales - September NEV production was 1.307 million units, up 48.8% year-on-year; cumulative production for the first nine months was 8.316 million units, up 31.7% [5]. - September NEV sales reached 1.287 million units, a year-on-year increase of 42.3%, with a market share of 45.8% [5]. Power Battery Production and Sales - Power battery production in September was 111.3 GWh, with a month-on-month increase of 9.9% and a year-on-year increase of 43.3% [6]. - Cumulative power battery sales for the first nine months were 525.3 GWh, up 26.1% year-on-year [6]. Investment Recommendations - The report suggests focusing on leading companies in the lithium battery supply chain, including CATL, Yiwei Lithium Energy, and others, as they are expected to benefit from the growth in NEV sales and demand for lithium batteries [7]. - New technology-related companies, such as those involved in sodium batteries and fast-charging technologies, are also highlighted as potential investment opportunities [7].