"BYD topped the electric car market in Israel between January to October, with total sales reaching 15,778 units, according to figures released by the Israel Vehicle Importers Association yesterday. The Chinese auto giant's best-selling models were the Atto 3 crossover, the Dolphin hatchback, and the Seal fastback sedan. " yicai
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"Many Chinese EV Makers’ Sales Soar to New Highs in October; BYD Sails Past 500,000 Mark"
"Several Chinese manufacturers of new energy vehicles logged record sales in October, buoyed by newly introduced consumer incentives such as trade-ins. BYD continued to lead the pack and its shipments surpassed the 500,000 milestone for the first time.
Half of the 18 car brands to have released their October NEV sales figures so far have logged a leap of at least 80 percent from the year before, according to Yicai. Of these, seven belong to traditional auto manufacturers while the other two are electric car startups Leap Motor and AITO.
BYD’s NEV shipments surged 66 percent in October from the year before to 502,600 units. The Shenzhen-based carmaker remains head and shoulders above the competition.
Sales of Geely Auto's Galaxy marque soared 83 percent to 63,492 units while that of its Zeekr brand surged 91.6 percent to 25,049 autos.
Changan Automobile's Deepal marque logged a 79.6 percent jump in sales to 27,862 units, while its Avatr marque saw sales soar two-and-a-half-fold to 10,056 autos.
The buoyant NEV market in October is closely linked to strong policy support, analysts said. In August, seven government departments including the Ministry of Commerce have increased subsidies for vehicle trade-ins.
There are around 10,000 applications each day to swap old cars for new, according to the China Passenger Car Association. As more policies are rolled out around the country to upgrade vehicles, there is expected to be an even more pronounced jump in demand.
Dongfeng Motor's Voyah brand reported a 67.4 percent leap in sales to top 10,000 units, and SAIC Motor's IM marque witnessed a 149 percent surge, also exceeding 10,000 autos.
Chery New Energy’s shipments soared nearly four-and-a-half times to 71,330 units. Great Wall Motor sold 32,000 NEVs in October but did not disclose the growth rate.
NEV startups also performed well, although their growth rates were slower than that of traditional automakers. Li Auto logged a 27.3 percent jump in sales in October from the year before to 51,443 units. Both Leap Motor and AITO’s shipments more than doubled to 38,177 units and 36,011 units, respectively.
Xpeng Motors’ sales climbed 20 percent to 23,917 autos, Nio’s shipments jumped 30.5 percent to 20,976 units and Xiaomi Auto sold more than 20,000 units."
Ctto