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On October 1st, Ideal Auto announced delivery data for September 2024. In September 2024, Ideal Auto delivered 53709 new cars, a year-on-year increase of 48.9%. In the third quarter of 2024, Ideal Automobile delivered 152831 units, a year-on-year increase of 45.4%. As of September 30, 2024, Ideal Automobile has delivered a total of 341812 vehicles in 2024, with a historical cumulative delivery volume of 975176 vehicles.
Daily economic news data chart

As the penetration rate of new energy vehicles gradually exceeds 50%, the brand head effect becomes increasingly evident. Since the third quarter, the concentration of TOP3 brands in the new energy vehicle market with a value of over 200000 yuan has reached 50%. Among them, Ideal Automobile has a market share of over 17%, ranking first in Chinese automobile brand sales. The orders for the Ideal L series and Ideal MEGA have steadily increased, with a record high delivery volume in September, surpassing luxury brands Mercedes Benz, BMW, and Audi for the first time in a single week.
On October 1st, Xiaopeng Motors announced its latest delivery results, setting a new record for monthly deliveries! In September 2024, Xiaopeng Motors delivered a total of 21352 new cars, a year-on-year increase of 39% and a month on month increase of 52%. Among them, Xiaopeng MONA M03 delivered over 10000 units. From January to September 2024, Xiaopeng Motors delivered a total of 98561 new cars, a year-on-year increase of 21%.
On October 1st, Jike official WeChat announced the latest delivery volume: 21333 units were delivered in September 2024, a year-on-year increase of 77% and a month on month increase of 18%. A total of 142873 units were delivered from January to September this year, a year-on-year increase of 81%. As of the end of September, Jike has delivered nearly 340000 units, continuously breaking delivery records.
On October 1st, the official WeChat account of Zero Run Motors announced that 33767 units were delivered in September, a year-on-year increase of 113.7%; In the first three quarters, there were a total of 172861 units, a year-on-year increase of 94.6%.
According to the official WeChat account of Lantu Automobile, the delivery in September exceeded 10000 yuan, and the monthly sales increased for five consecutive months. The all-new Lantu Dreamer has been on the market for 12 days and has delivered over 5000 units.
As the domestic automobile market enters the "golden nine and silver ten" period, various regions are also continuously increasing subsidy efforts to boost automobile consumption.
According to incomplete statistics from reporters from the Daily Economic News, since September alone, many places such as Sichuan, Shandong, Shanghai, and Anhui have introduced or updated policies and measures to support car replacement updates.
Taking Sichuan Province as an example, on September 24th, the Sichuan Provincial Department of Commerce and five other departments issued the "2024 Sichuan Province Individual Consumer Passenger Car Replacement and Renewal Subsidy Work Plan", which proposed that individual consumers only need to transfer their own passenger cars in Sichuan Province and purchase new ones within the province from August 26, 2024 to December 31, 2024, to apply for a one-time fixed subsidy. Consumers can receive subsidies ranging from 8000 yuan to 17000 yuan based on the type and price of the car purchased.
Official website of Sichuan Provincial Department of Commerce

CCTV News reported that as early as April this year, the Ministry of Commerce and seven other departments issued the "Implementation Rules for Automobile Trade in Subsidies"; In July, the National Development and Reform Commission and the Ministry of Finance issued the "Several Measures to Strengthen Support for Large scale Equipment Renewal and Consumer Goods Trade in", which proposed to increase the subsidy standards for automobile scrapping and renewal. For those who scrap old cars that meet the standards and purchase new energy passenger vehicles, the subsidy will be increased from 10000 yuan to 20000 yuan, and for fuel passenger vehicles that meet the standards, the subsidy will be increased to 15000 yuan.
From the perspective of terminal sales data, the trade in policy continues to drive automobile consumption and adds color to this year's "Golden Nine" in the automotive market. The China Association of Automobile Manufacturers predicts that retail sales of passenger cars in the domestic market will reach approximately 2.1 million units in September this year, a year-on-year increase of 4% and a month on month increase of 10.1%. Among them, the retail sales of new energy passenger vehicles in China are expected to reach 1.1 million units, a year-on-year increase of 47.3%, a month on month increase of 7.3%, and a penetration rate of about 52.4%.
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