October New Energy Vehicle Companies Report Card: Leapmotor's deliveries exceed 70,000 for the first time, XPeng and Nio set new records, Xiaomi's deliveries stabilize at 40,000

In the traditional peak season of "Golden September and Silver October," new energy vehicle companies delivered a strong performance, with multiple brands achieving historic highs in delivery volumes in October.

On November 1st, several automakers, including Xiaomi Automotive, XPeng, Nio, and Li Auto, released their delivery data for October in quick succession. Among them, Leapmotor led the list with over 70,000 deliveries, while both XPeng and Nio set new records for monthly deliveries. Xiaomi Automotive continued to maintain a stable monthly delivery level of over 40,000 units.

Although Li Auto's delivery volume was lower than some competitors in the month, its CEO Li Xiang revealed that orders for the new model i6 were booming, far exceeding the company's expectations, indicating significant potential for future deliveries.

Other automakers also performed well, with Avita Technology achieving over 10,000 sales for eight consecutive months, and Voyah delivering 17,218 vehicles in October, representing an 82% year-on-year increase for the first ten months of the year. IM Motors sold 13,159 units in October, and its new flagship model LS9 is set to make its global debut soon.

Leapmotor and ZEEKR Lead, Xiaomi Stabilizes at 40,000 Units

The delivery rankings for October show a new shift in the market landscape. Leapmotor topped the list with a delivery volume of 70,289 units, a year-on-year increase of over 84%.

Following closely is ZEEKR, which saw its October sales surpass 60,000 units for the first time, reaching 61,636 units, a year-on-year increase of 9.8% and a month-on-month increase of 20.5%. Among these, ZEEKR brand sales were 21,423 units, while Lynk & Co brand sales were 40,213 units. Lynk & Co achieved a historic high in October sales, with a weighted average price exceeding 200,000 yuan, achieving both volume and price increases.

The newly emerged giant Xiaomi Automotive continued to perform steadily. According to its official Weibo account, in October 2025, Xiaomi Automotive's delivery volume remained above 40,000 units, solidifying its position in the top tier of the market.

XPeng and Nio Set New Highs, Li Auto i6 Sales Booming After Launch

As a focal point of market attention, "Wei Xiao Li" performed differently in October, but both XPeng and Nio set new delivery records.

According to XPeng's announcement, the company delivered 42,013 new vehicles in October, not only setting a historic high but also marking the second consecutive month of deliveries exceeding 40,000 units. In terms of models, its SUV family sold over 10,000 units in a single month, and the MONA M03 model's deliveries exceeded 15,000 units. By the end of October, XPeng had cumulatively delivered 355,209 units this year, a year-on-year increase of 190%. The company also announced that its next-generation extended-range product X9 will be unveiled next week.

Nio also reached a milestone in October, with new vehicle deliveries exceeding 40,000 units for the first time, reaching 40,397 units, a year-on-year increase of 92.6%, and setting a historical record for three consecutive months. Its multi-brand strategy has shown significant results, with Nio, Ladao, and Firefly brands delivering 17,143 units, 17,342 units, and 5,912 units, respectively The Lido L90 and other models under its brand maintain a leading position in the segmented market, with the ES6 model's production also surpassing 300,000 units.

Li Auto delivered 31,767 vehicles in October. Although the delivery volume is lower than some competitors, the company's Chairman and CEO, Li Xiang, stated, "The sales of the Li Auto i6 have been explosive since its launch, with orders exceeding 70,000 units, far exceeding our expectations." He pointed out that the company is working with suppliers to resolve capacity issues to accelerate deliveries. Meanwhile, Li Auto is accelerating its global expansion, having opened its first retail center in Central Asia and plans to expand into markets such as the Middle East and Europe.

Traditional automakers' new energy brands show strong momentum

Several new force brands also demonstrate strong growth momentum. Avita Technology's sales reached 13,506 units in October, a year-on-year increase of 34%, setting a historical record, and has maintained sales of over 10,000 units for eight consecutive months. This month, the Avita 12 Four Laser Edition was officially launched, starting at a price of 259,900 yuan.

Voyah delivered 17,218 vehicles in October, with a cumulative year-on-year growth of 82% in the first ten months of this year. IM Motors sold 13,159 units in October, and its new flagship model, the LS9, is also set to make its global debut soon.

New energy brands under traditional automakers also performed strongly, with Changan's Deep Blue Automotive achieving global sales of 36,792 units in October, and its S05 model surpassing 20,000 units in a single month. Dongfeng's Yipai Technology and BAIC New Energy also both exceeded 30,000 units in October, with sales of 31,107 units and 30,542 units, respectively, and BAIC New Energy's year-on-year growth rate reached 112%.

The "Golden September and Silver October" effect is evident, but the overall auto market is under pressure

The collective explosion of new car-making forces in October confirms the strong effectiveness of the traditional "Golden September and Silver October" consumption peak season. Behind the hot delivery data is fierce market competition and continuous product innovation.

However, it should be noted that the booming new energy vehicle market contrasts with the overall temperature of the auto market. According to data from the China Passenger Car Association, from October 1 to 26, the national retail sales of passenger cars decreased by 7% compared to the same period last year.

This contrast clearly indicates that the structural transformation of the automotive consumption market is accelerating. Against the backdrop of overall market growth pressure, funds and consumers are continuously flowing into the new energy sector