1. Production and Sales Highlights
| Period | Total Vehicle Sales | YoY Growth | Key Segments |
|---|
| January–October 2025 | 3,647,000 units | +19.5 % | |
| October 2025 | 454,000 units | +12.96 % (≈ +13 %) | |
- Retail Sales: 3,834,000 units, maintaining SAIC’s position among the leading domestic automakers.
- Domestic Brand Sales: 3,060,000 units, up +22 %, contributing 64.4 % of the group’s total sales.
- Passenger Cars: 93,000 units, +25.1 %.
- SAIC Maxus: 19,000 units, +47.9 %.
- SAIC-GM-Wuling: 168,000 units, +19.5 %.
| Metric | Value | YoY Growth |
|---|
| October NEV sales | 207,000 units | +31.6 % |
| Cumulative Jan–Oct 2025 NEV sales | 1,290,000 units | +42.5 % |
| Zhi Ji (ZiJia) Vehicle Sales (October) | 13,159 units | Record high |
| Li‑S6 | 1,300 units sold in October | |
- The NEV segment achieved two consecutive months of record high sales, reflecting continued consumer demand for electric vehicles.
3. Strategic Subsidiary Developments
- Zhi Ji Auto: The flagship electric‑vehicle brand announced the global debut of the LS9 on 4 November 2025.
- Sike Technology Co., Ltd.: A wholly owned subsidiary focused on core NEV components reported a cumulative production value of 115 billion yuan for January–October 2025, a +43 % increase over the previous year.
- Power‑battery production and sales projected at 641,000 units, +94 % YoY.
- Electric‑drive system production and sales projected at 305,000 units, +727 % YoY.
4. Market Context
- SAIC’s 52‑week high and low for 2024 were 21.30 CNY and 12.86 CNY respectively, with a closing price of 16.63 CNY on 30 October 2025.
- The company’s market capitalization stands at 192.55 billion CNY, and its price‑earnings ratio is 202.69.
5. Conclusion
SAIC Motor Corp Ltd demonstrated robust sales growth across both traditional and new‑energy vehicle segments in the first ten months of 2025, with October sales surpassing 450,000 units. The continued expansion of its NEV lineup, supported by strong performance of its Zhi Ji brand and the production gains of its Sike Technology subsidiary, positions the company favorably within China’s highly competitive automotive market.
