The auto market data for November has been revealed, so let's take this exciting time together. BYD, the auto market giant, sold a staggering 30190,000 vehicles, a year-on-year increase of 31%. They seem to have locked in the "sales top" position early, but to achieve the annual target of 3 million units, a key step still needs to be taken in December.
Geely Automobile also delivered a brilliant report card in November, with sales exceeding 200,000 units, a year-on-year increase of 38%. This is the 10th consecutive month that Geely has achieved both month-on-month and year-on-year growth, and Geely's new energy models have surpassed many competitors with a growth rate of 88%.
And GAC Aion, the "top student" in the new energy market, sales reached 4150,000 units, an astonishing 45% year-on-year increase. However, it is still challenging to reach the sales target of 500,000 at the beginning of the year. Fortunately, GAC Group plans to install all-solid-state batteries in vehicles in 2026, and this important technological breakthrough may become the engine of their future development.
Li Auto also had an "ideal" performance in November, selling 410,000 new vehicles, a year-on-year increase of 1729%。This has allowed them to reach their annual sales target of 300,000 units ahead of schedule, but they will need to maintain their momentum in the face of fierce competition in the future.
Xpeng Motors, which once attracted much attention, has now also delivered excellent results, selling 20,000 new cars in November, a year-on-year increase of 245%. This performance is surprising, and it also shows that traditional car companies still have irreplaceable advantages in the market, despite the rising of new forces.
Overall, November's sales figures reflect the dynamism of China's auto market, particularly the rise of the new energy vehicle sector. However, competition remains fierce, and the future development is full of challenges and opportunities. We'll see how these car brands respond to this volatile market in the future.