第一商用车网·2025-11-30 05:22Core Viewpoint - The new energy light commercial vehicle market in 2025 is experiencing fluctuations, with a notable increase in penetration rates exceeding 70% in recent months, despite some periods of year-on-year sales decline [1][4][30]. Sales Performance - In October 2025, the domestic new energy light commercial vehicle market sold 28,900 units, representing a 19% month-on-month decline but an 18% year-on-year increase [4][30]. - From January to October 2025, the cumulative sales of new energy light commercial vehicles reached 233,900 units, showing an 18% year-on-year growth, with a total increase of 35,700 units compared to the previous year [24][28]. Market Trends - The market has shown a pattern of alternating sales increases and decreases, with a notable six consecutive months of year-on-year growth from May to October 2025 [4][30]. - The penetration rate of new energy light commercial vehicles in the overall light commercial vehicle market reached 70.41% in October, marking the highest level ever recorded [8][30]. Regional Insights - All 31 provincial-level administrative regions in mainland China have registered new energy light commercial vehicles, with Guangdong province leading with over 41,000 registrations, accounting for 17.55% of the national total [12][14]. Vehicle Type Distribution - Pure electric vehicles dominate the new energy light commercial vehicle market, comprising 99.973% of the total, with negligible presence of hybrid and fuel cell models [16][30]. Leading Companies - In October 2025, the top-selling companies in the new energy light commercial vehicle market included Yuan Cheng, Wuling, and Changan, with market shares of 21.20%, 17.35%, and 16.01% respectively [18][22]. - The cumulative sales rankings for January to October 2025 show that major players like Wuling and Yuan Cheng have seen significant year-on-year growth, while some companies experienced declines [26][28].