Core Insights - The article discusses the delivery performance of the company in October 2025, highlighting that the delivery of 31,767 units is considered low and that detailed model-specific expectations will be available later [2][3]. Delivery Performance - The delivery figure of 31,767 units for October 2025 is viewed as underwhelming, with specific model breakdowns expected to be released around November 10 [2]. - The L series orders are reported to be poor, while the MEGA model is performing normally [3]. Production Capacity Issues - The i8 model faces production capacity challenges due to a low configuration selection rate of approximately 2%, making it difficult for the supplier to ramp up production [4]. - The configuration strategy for the i8 differs significantly from the L78 model, with a smaller price gap and greater configuration differences [4]. - The i6 model will not be delivered with the Xinhua battery version in 2025, as the supplier also struggles to increase production capacity [10]. Configuration Preferences - The configuration distribution for the i8 is approximately 2% low configuration, 20% mid configuration, and 80% high configuration, which contrasts sharply with the L78 model's configuration choices [9]. - The L series models show a low configuration selection rate of about 22% for L7 and 37% for L8 [8]. Market Dynamics and Challenges - Various hypotheses are presented regarding the poor performance of L series orders, including rapid competitor iterations, economic conditions, and potential organizational issues [14][15]. - The company may have misjudged market conditions, leading to a lack of timely decisions regarding battery supply options [12][13]. Future Expectations - There are indications that the company may deliver around 100,000 units in Q4 2025, with expectations for Q1 2026 to remain positive, although the reliability of this information is uncertain [16].