With gold, nine and silver, China's NEV industry ushered in a peak production and sales season. Along with incentive policies such as trade-in, purchasing NEVs has become a new consumption choice for many households. According to the latest data from the China Association of Automobile Manufacturers, production and sales of new energy vehicles in China increased by 48.8% and 42.3%, respectively, in September, and sales of new energy vehicles already accounted for 45.8% of total new vehicle sales, with strong growth momentum. As the penetration rate of new energy vehicles continues to rise, news from mainstream companies spreads frequently. BYD's new car deliveries surpassed 400,000 units for the first time in a single month. Listed companies with new car builders such as Ideal Auto, Xiaopeng Motors, and Zero Sports, as well as cross-border car-building giants such as Huawei and Xiaomi, also set record highs for new car deliveries in a single month. At the same time, companies in the NEV industry chain, such as power batteries, are benefiting from the boom in NEV consumption, and related businesses are showing continuous growth.

With gold, nine and silver, China's NEV industry ushered in a peak production and sales season. Along with incentive policies such as trade-in, purchasing NEVs has become a new consumption choice for many households. According to the latest data from the China Association of Automobile Manufacturers, production and sales of new energy vehicles in China increased by 48.8% and 42.3%, respectively, in September, and sales of new energy vehicles already accounted for 45.8% of total new vehicle sales, with strong growth momentum. As the penetration rate of new energy vehicles continues to rise, news from mainstream companies spreads frequently. BYD's new car deliveries surpassed 400,000 units for the first time in a single month. Listed companies with new car builders such as Ideal Auto, Xiaopeng Motors, and Zero Sports, as well as cross-border car-building giants such as Huawei and Xiaomi, also set record highs for new car deliveries in a single month. At the same time, companies in the NEV industry chain, such as power batteries, are benefiting from the boom in NEV consumption, and related businesses are showing continuous growth.