Core Viewpoint - China's new energy vehicle (NEV) production has surpassed 10 million units this year, marking a significant milestone in the industry's growth and indicating a shift towards green development in the automotive sector [1] Industry Summary - China's NEV production and sales have maintained the world's largest scale for nine consecutive years [1] - In the first ten months of this year, NEV production reached 9.779 million units, while sales totaled 9.75 million units, reflecting year-on-year growth of 33% and 33.9% respectively [1] - NEVs accounted for 39.6% of total vehicle sales in China during this period [1] - Domestic sales of NEVs have exceeded 50% for three consecutive months, while the sales of new energy passenger vehicles have surpassed 50% for five consecutive months [1] Company Summary - The sales of Chinese brand passenger vehicles reached 13.849 million units in the first ten months, showing a year-on-year increase of 21.2%, with a market share of 64.6%, significantly outperforming foreign brands [1] - Vehicle exports reached 4.855 million units, marking a year-on-year growth of 23.8%, indicating a strengthening role in market dynamics [1]
我国新能源汽车年产量首次突破1000万辆