Overview
- SAIC reported October sales of 453,978 vehicles, a 12.96% year‑on‑year increase, according to its monthly production and sales update.
- SAIC’s new‑energy vehicle deliveries reached 206,692 in October, rising 31.58% and providing the key lift to its overall total.
- BYD posted October sales of 441,706 vehicles, a 12% decline from a year earlier, based on the company’s bulletin.
- The monthly lead had already flipped in September, when SAIC’s 439,777 sales surpassed BYD’s 396,270, highlighting a tightening contest.
- Industry figures for January through September show about 70.53 million global auto sales and 15.71 million NEVs, with China contributing roughly 68% of the 3.73 million NEV increase and NEV penetration at 29.2% on a broad basis and 22.3% on a narrow definition.