On October 1st, Caixin News Agency reported that with the successive implementation of national and local "trade in" policies, coupled with the booming capital market, this year's "Golden Nine" car market is in full swing.
On October 1st, the new forces in car manufacturing successively announced the delivery status of the previous month. Among them, Ideal Automobile, Zero Run Automobile, and Xiaopeng Motors have all set new delivery records, and NIO has also achieved a delivery volume of over 20000 vehicles for five consecutive months. Only Nezha Automobile has not yet emerged from its decline.
In September, Ideal Auto delivered 53709 new cars, a year-on-year increase of 48.94%, setting a new delivery record; In the third quarter, 152831 vehicles were delivered, a year-on-year increase of 45.4%, and a total of 341812 vehicles have been delivered this year.
As of September 30th, the cumulative delivery volume of Ideal Automobile in history has reached 975176 vehicles, and it will welcome the production and delivery of its one millionth new car in October, which will be the first milestone of one million vehicles for Chinese new energy vehicle companies. Millions of vehicles are not only sales figures, but also mean that with the accumulation of quantity, the intelligence of new energy vehicles, especially the development of intelligent driving technology, will enter a new stage. "Li Xiang, Chairman of Ideal Automobile, said that Ideal Automobile's R&D investment is promoting technological equality." Our products are OTA upgraded at an average rate of one version per month, and Ideal's new autonomous driving technology architecture end-to-end+VLM system has started mass testing
Zero Run Motors, ranked second, delivered 33767 new cars in September, a year-on-year increase of 113.72%. While setting a new monthly delivery record for the company, it has also delivered over 30000 vehicles for two consecutive months. From January to September, the cumulative delivery of zero running cars reached 172861, a year-on-year increase of 94.6%.
Zero Run Motors is currently making frequent moves in overseas markets. On September 24th, the Zero Run C10 and T03 were officially launched in Europe and simultaneously began global media test drives in Milan, Italy, marking the official debut of Zero Run International in Europe. On October 14th, the first model of the all-new B series of Zero Run, the Zero Run B10, will be officially unveiled at the 2024 Paris Motor Show. At the same time, the B series will also launch multiple models in 2025. According to the plan, Zero Run International will release at least one model per year for the next three years and increase its global sales network to 350 in the fourth quarter by leveraging Stellantis' distribution channels.
Thanks to the sales contribution of the first model MONA M03 under the second brand MONA, Xiaopeng Motors delivered over 20000 vehicles in a single month after an 8-month hiatus, surpassing NIO in one fell swoop. Xiaopeng Motors delivered 21352 new cars in September, a year-on-year increase of 39.46% and a month on month increase of 52.12%; From January to September, a total of 98561 new cars were delivered, a year-on-year increase of 21.02%.
On August 27th, Xiaopeng MONA M03 was officially launched, achieving a delivery volume of over 10000 units within the first complete delivery month. According to industry insiders, the daily order volume of M03 may exceed 2000 units.
Since the launch of the Xiaopeng MONA M03, Xiaopeng will enter a strong product cycle and a favorable period of rapid development, "said He Xiaopeng, Chairman of Xiaopeng Motors. Xiaopeng Motors plans to launch the first model P7+of the new generation of autonomous driving hardware platform in the fourth quarter. The delivery ramp up of MONA M03 and P7+will significantly expand Xiaopeng's market share. Xiaopeng Motors is confident that its delivery volume will increase significantly month on month in the third and fourth quarters of this year, and reach a new high in delivery volume in the fourth quarter
Similar to Xiaopeng Motors, NIO is also looking forward to a surge in delivery volume from its new brand. In September, NIO delivered 21181 new cars, with a total of 149281 new cars delivered from January to September, a year-on-year increase of 35.72%. Among them, NIO delivered 20349 new cars in September, a year-on-year increase of 30.1%, exceeding 20000 vehicles for five consecutive months. In the third quarter of this year, NIO delivered a total of 61023 new cars, setting a new record for the number of deliveries in a single quarter.
The first model of Ledao brand, L60, started delivery on September 28th, with a total of 832 units delivered. Although the order volume has not been disclosed, according to Li Bin, the chairman of NIO, the Ledao L60 was already "sold out" on the day of its release. NIO announced that the production, manufacturing, and delivery of the Ledao brand will accelerate in October. As of now, Ledao has established 125 stores nationwide, covering 57 cities. In October, it plans to add 55 new stores, bringing the total to 180.
Nezha Motors, which is still in a dormant period, delivered 10118 new cars in September, a year-on-year decrease of 23.41% and a month on month decrease of 8.06%, and has experienced a double decline in the same month on month for two consecutive months.
Nezha Automobile, which also covets overseas markets, entered Brazil on September 30th. Currently, Nezha Automobile has opened more than 30 dealerships in the Brazilian market, covering the main sales areas of first, second, and third tier cities. It is expected that the number of dealerships in Brazil will double by 2025. In the next two years, Nezha Automobile plans to expand its global sales network to cover 50 countries and regions, and establish 500 overseas sales and service outlets.