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From the perspective of automobile sales in October, China's automobile industry presents two major characteristics

The proportion of sales in the domestic brand market has increased steadily, and new energy vehicles have developed rapidly. BYD sold 419000 vehicles in September, setting a new historical high. It is not only leading the domestic market, but also showing increasingly strong momentum in the international market; Chinese cars are still enthusiastic about going global, with Chery Automobile selling 244000 units in September, continuing to hold the top spot in exports; In September, Geely sold 201000 vehicles, with new energy vehicles accounting for over 45% of its system; Among them, the retail sales of passenger cars in September this year were about 2.1 million, a year-on-year increase of 4%. The retail sales of new energy passenger cars were about 1.1 million, a year-on-year increase of 47.3%, a month on month increase of 7.3%, and a penetration rate of about 52.4%.
From the perspective of the development trend of the automotive industry, it is an undeniable objective fact that China leads the world in new energy. China will give birth to many component brands and integrated dark horses in the camp around the new energy vehicle industry chain, and is expected to achieve the dream of independent and self strengthening in the supply chain and semiconductor chip industries.
In October, just after the National Day, we also celebrate the 75th anniversary of our motherland. Born in a prosperous and stable country, we can still enjoy freedom and protection, develop the economy equally, and strive to achieve our own dreams. It is also a blessing for us as Chinese people to be content and have a good mentality. From the age of one to October, it also means that the journey of the year will come to an end. Cherish the present and constantly measure the land under your feet to see how far you are from your goal.

Post time: 10-22-2024
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