A number of car companies announced the delivery volume of new energy vehicles in October, among which the delivery volume of NIO, Li Auto, and AITO Qjie series all exceeded 10,000. The Qjie series continued to improve in August and September, and has now achieved continuous Deliveries exceeded 10,000 in three months. 

NIO: Delivered 10,059 vehicles in October, up 174.3% year-on-year. A total of 259,563 NIO new cars have been delivered. 

Lixiang Auto: October deliveries were 10,052 units, up 31.4% year-on-year, with cumulative deliveries of 221,067 units. In October, 12,018 units of the AITO Quest series were delivered, and the number of deliveries has exceeded 10,000 for three consecutive months. 

Leapmotor: October deliveries were 7,026 units, down 36.3% from the previous month. Xpeng Motors: Delivered 5,101 vehicles in October, down 49.7% year-on-year, and delivered 103,654 vehicles for the year. 

The demand for orders suppressed by the impact of the epidemic in some areas is expected to be further released as the epidemic eases. In the last two months, the delivery of various car companies has entered the final sprint stage. The launch of new models will help maintain brand exposure and is expected to accelerate the digestion of orders in hand. 

The new energy subsidy policy will decline at the end of the year, which will have a strong role in promoting new orders in the next two months. At present, the overall demand in the market is relatively good, and the new energy vehicle sector continues to be optimistic. $NIO.US$Xpeng Motors.US$Ideal Motors.US$BYD Co., Ltd.