CATL’s market share in October increased by 0.19 percentage points compared to September, while BYD’s share grew by 0.22 percentage points.
Most smaller players experienced declines in market share.
Author: cnevpost
New 821-km Model Y reportedly reignites Chinese consumer interest in Tesla
The new 821-km Model Y variant secured orders equivalent to three weeks of production capacity at Tesla’s Shanghai factory on its launch day, according to a local media report.
The launch of the new Model Y variant comes amid a significant decline in Tesla’s sales in China.
Automakers’ share of China NEV market in Oct: BYD leads with 23.1%, Tesla drops out of top 10
Tesla’s share of China’s NEV market in October stood at 2.03 percent, dropping out of the top 10 for the first time since August 2022.
BYD’s October share was lower than September’s 26.7 percent and also below the 36.1 percent recorded in the same month last year.
CATL, GAC ink 10-year deal to advance battery swap business
CATL and GAC will deepen long-term cooperation in battery rental and joint station construction to fully advance CATL’s Choco-Swap ecosystem.
Two days ago, GAC Aion launched the Aion UT Super compact hatchback, built on CATL’s Choco-SEB battery swap technology.
Nio’s swap stations in Sweden approved to join local grid frequency regulation
This marks another overseas market where Nio’s battery swap stations have achieved similar progress following Denmark.
These stations can function as energy storage facilities, helping balance electricity demand during peak periods.
Xiaomi SU7 sedan sees sudden significant drop in delivery wait times
Delivery wait times for the SU7 Pro and SU7 Max have been reduced to 6-9 weeks, significantly lower than the previous estimate of about 30 weeks.
Earlier today, rumors circulated on Chinese social media suggesting that the Xiaomi SU7 is poised for a facelift, with prices potentially increasing.
BYD aims for up to 1.6 million overseas sales in 2026, Citi says
BYD’s overseas sales target for 2026 is 1.5-1.6 million vehicles, with growth primarily driven by new model launches, Citi said.
Europe, North America, and ASEAN are each expected to account for one-third of BYD’s total overseas sales in 2025.
Li Auto reportedly reshuffles structure again amid declining sales
This marks Li Auto’s sixth major organizational restructuring this year.
Li Auto’s CEO has begun directly overseeing the human resources department for the first time, placing greater emphasis on streamlining processes.
Li Auto reportedly reshuffles structure again amid declining sales
This marks Li Auto’s sixth major organizational restructuring this year.
Li Auto’s CEO has begun directly overseeing the human resources department for the first time, placing greater emphasis on streamlining processes.
Chery Exeed files for ET7, new addition to its ET series after ET5
The Exeed ET7 is an SUV about 5 meters long, offering both BEV and EREV options.
Exeed unveiled the ET5 in late August and will start pre-sales for the midsize SUV on November 13.
China NEV sales hit new record of 1.715 million units in Oct, CAAM data show
October BEV sales reached a record 1,109,000 units, up 31.7 percent year-on-year.
October PHEV sales totaled 605,000 units, increasing 3.0 percent year-on-year.
Li Auto Oct deliveries breakdown: EREVs continue steep decline, electric SUVs pick up momentum
All four of Li Auto’s EREV models saw monthly deliveries plummet over 60 percent, while the i6 and i8 each delivered nearly 6,000 units in October.
Li Auto delivered a total of 31,767 vehicles in October, marking a 38.25 percent year-on-year decline.
Xpeng Oct deliveries breakdown: Mona M03 16,424 units, G6 7,929
This marks the 14th consecutive month the Mona M03 has surpassed 10,000 monthly deliveries, contributing 39.09 percent to Xpeng’s October volume.
From January to October, the Mona M03 delivered 148,413 units, accounting for 41.78 percent of Xpeng’s deliveries during the period.
Tesla Oct China deliveries breakdown: Model Y drops to lowest level since Mar
Model Y retail sales in China from January to October totaled 312,331 units, down 16.46 percent year-on-year.
Model 3 retail sales in China reached 6,518 units in October, marking a 52.25 percent year-on-year increase and ending five consecutive months of year-on-year declines.
Nio Oct deliveries breakdown: ES8 surges to record 6,703 units
Nio ES8 deliveries in October doubled the SUV’s previous record high.
The ET5 Touring delivered 4,526 units in October, making it the second-highest delivering Nio brand model.
Nio exports 431 cars in Oct, more than doubling Sept’s figure
Nio exported 431 vehicles in October, a 143.50 percent increase from September’s 177 units.
Firefly recently shipped a large batch of vehicles to Europe.
Xpeng surges to 8-month high in Hong Kong as AI progress fuels optimism
At press time, Xpeng was up 15.11 percent in Hong Kong, with its market cap returning above HK$200 billion.
Recent announcements regarding AI advancements have triggered a reassessment of Xpeng’s valuation.
Nio Firefly files for new variant with higher-power motor
The new variant features a motor with a peak power output of 120 kW (161 horsepower), surpassing the 105 kW of the currently available variants.
Firefly delivered 5,912 vehicles in October, marking its third consecutive month of record-breaking performance.
VW Anhui files for ID.UNYX 08 SUV, 1st model built in tie-up with Xpeng
The filing for the ID.UNYX 08 marks the imminent launch of the first model resulting from Volkswagen’s collaboration with Xpeng.
Measuring 5,000 mm in length, the ID.UNYX 08 supports 800-volt fast charging and boasts a CLTC range of up to 700 km.
Xiaomi EV delivers 48,654 cars in Oct, with YU7 SUV contributing 69%
From January to October, Xiaomi EV has delivered 315,376 vehicles, nearing its full-year target of 350,000 units.
YU7 deliveries in October increased by 50.49 percent compared to September, as Xiaomi EV allocates more production capacity to the SUV.
