One-sentence summary
Using October 2026 notices from Leapmotor, Xpeng, Xiaomi Auto and Seres, steps to read monthly delivery data: basis, YoY, structure and overseas share.
Steps
Step 1: Separate deliveries from sales
Deliveries mean vehicles handed to end users; sales may include wholesale and exports. Leapmotor and Xpeng mostly report deliveries, Seres reports sales.
Step 2: Look at YoY and MoM
Seres' October sales fell 50.29% YoY; judge it alongside product cycles and price wars, not the absolute value alone.
Step 3: Break down structure and growth source
Leapmotor's lead came from its new A and D series; Xiaomi Auto broke 50k monthly, which depends on product lineup and capacity.
Step 4: Watch overseas share
Xpeng's 50,237 units included 13,326 overseas, making overseas share a new growth variable.
Sources
- Ifeng: October EV scores
- NetEase: Seres October sales 27,037