Core Insights - China's automobile exports reached 666,000 units in October, marking a month-on-month increase of 2.1% and a year-on-year increase of 22.9%, maintaining a level above 600,000 units for three consecutive months [1] - Cumulatively, from January to October, exports totaled 5.616 million units, reflecting a year-on-year growth of 15.7%, indicating a robust growth trend in China's automobile exports [1] Group 1: New Energy Vehicles (NEVs) - The export performance of new energy vehicles is particularly noteworthy, with 256,000 units exported in October, representing a month-on-month increase of 15.4% and a significant year-on-year increase of 99.9% [3] - From January to October, cumulative exports of new energy vehicles surpassed 2 million units for the first time, reaching 2.014 million units, which is a year-on-year increase of 90.4%, becoming a key driver of overall automobile export growth [3] Group 2: Traditional Fuel Vehicles - In contrast, exports of traditional fuel vehicles showed a decline, with cumulative exports from January to October totaling 3.601 million units, down 5.1% year-on-year, indicating a global shift towards new energy vehicles [4] - Overall, the scale of China's automobile exports continues to expand, with an ongoing optimization of the export structure, highlighting the increasing competitiveness and influence of China in the global automotive industry [4]