
From November 1-9, China’s total passenger vehicle retail sales came in at 415,000 units, down 19 percent year-on-year.
The retail penetration rate of NEVs in China was 64 percent from November 1 to 9, and 52.9 percent year-to-date.

From November 1-9, China’s total passenger vehicle retail sales came in at 415,000 units, down 19 percent year-on-year.
The retail penetration rate of NEVs in China was 64 percent from November 1 to 9, and 52.9 percent year-to-date.

In the third quarter, Nio delivered a record 87,071 vehicles, within its guidance range of 87,000 to 91,000 units.
Nio previously guided third-quarter revenue of between RMB 21.81 billion ($3.05 billion) and RMB 22.88 billion.

Domestic automakers including Nio, Xpeng, Xiaomi EV, and Li Auto, alongside international brands such as BMW, Mercedes-Benz, and Audi, will participate.
The total number of vehicles on display will be 1,085, with NEVs accounting for 629 units, or 58 percent.

Giga Shanghai saw its 5-millionth battery pack roll off the line, marking a milestone for Tesla’s largest global production facility.
Tesla independently develops its own battery cell chemistry and designs its battery pack structure, the company said on Weibo.

CATL’s fifth-generation LFP batteries have achieved new breakthroughs in energy density and cycle life, according to its chairman Robin Zeng.
Currently, over 20 million NEVs worldwide are equipped with CATL batteries.

CATL’s fifth-generation LFP batteries have achieved new breakthroughs in energy density and cycle life, according to its chairman Robin Zeng.
Currently, over 20 million NEVs worldwide are equipped with CATL batteries.

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.

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.

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.

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 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.

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.

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’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.

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.

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.

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.

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.

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.

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.
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