Chinese automakers post mixed October deliveries as NEV leaders diverge

· Energy · China

Major Chinese automakers reported October deliveries with sharply diverging results. BYD sold 490,168 NEVs, up 11% year-on-year and its sixth straight month of growth, with battery-electric models topping 300,000 for the first time. Geely sold 310,183 vehicles, just 245 short of its monthly record, while Chery Group sold 295,934 units, up 5.3%, with exports above 200,000 for the third time this year. Leapmotor set a record at 106,127 deliveries, its fourth consecutive month above 100,000. Xpeng exceeded 50,000 monthly deliveries for the first time. Zeekr delivered 32,483 vehicles, up 51.63% year-on-year but down 12.72% from September. Nio fell 15.23% to 34,246, ending a 31-month growth streak, and Huawei's HIMA halved to 33,537. GWM dropped 15.87% to 120,374.

Why it matters：China is the world's largest EV market, so monthly delivery data from its leading automakers is a key signal for global battery demand, pricing pressure and the competitive standing of both domestic champions and export-focused brands.

Key points

  • BYD's October NEV sales marked its sixth consecutive month of year-on-year growth.
  • Nio's 15.23% decline ended a 31-month streak of year-on-year growth.
  • Xpeng topped 50,000 monthly deliveries for the first time.

Sources (original reporting)

More stories from this day