Overview
- SAIC sold 453,978 vehicles in October, up 12.96% year over year, according to its production and sales report.
- BYD reported October sales of 441,706 vehicles, a 12% decline from a year earlier.
- SAIC's new‑energy vehicle sales reached 206,692 in October, rising 31.58% year over year.
- The monthly lead has flipped since the third quarter, with SAIC also topping BYD in September (439,777 vs 396,270), highlighting intensifying competition.
- CPCA's Cui Dongshu estimates January–September global auto sales at 70.53 million and new‑energy at 15.71 million, with narrowly defined NEV penetration at 22.3% and China contributing about 68% of the net NEV growth.