Deliveries

China's October wholesale sales of passenger NEVs are expected to be 890,000 units, up 32 percent year-on-year and up 7 percent from September, the CPCA said.

This is another decline in Tesla's China-made vehicle sales after an 11.98 percent sequential drop in September.

With 63,965 units sold in October, the Song family continues to rank as the top-selling BYD model, up 1.79 percent from September.

BYD sold a record 30,521 NEVs overseas in October, up 220.3 percent year-on-year and up 8.85 percent from September.

In the January-October period, Neta delivered 109,855 vehicles, a decrease of 14.98 percent year-on-year.

In addition to record deliveries, Zeekr also received a record number of firm orders in October, it said.

Nio's SUV deliveries in October were down 3.63 percent from September, while sedan deliveries were up 20.57 percent.

Li Auto delivered 40,422 vehicles in October, marking the first time it has surpassed the 40,000 mark and the seventh consecutive record high.

The G6 contributed 43.7 percent of Xpeng's deliveries in October, down from 53.12 percent in September, implying that some of the company's other models may have seen a significant uptick in deliveries last month.

Leapmotor announced October deliveries of a record 18,202 vehicles before the Hong Kong stock market opened today, in what appears to be one of its attempts to calm investors down.