Cui Dongshu, who serves as the Secretary - General of the China Passenger Car Association (CPCA), shared in an article that the growth rate of automobile investment is projected to hit 17.5% in 2025. Over the past two years, the investment performance in the automotive sector has been surprisingly robust. From January to October, investment levels have maintained a historical high, significantly outpacing that of other manufacturing industries. In October 2025, automobile production soared to 3.28 million units, marking an 11% year - on - year increase. This figure includes 1.71 million units of new energy vehicles (NEVs), which saw a 19% year - on - year rise and accounted for a 52% market penetration rate. Meanwhile, the production of fuel - powered vehicles reached 1.57 million units, up 4% year - on - year. Looking at the period from January to October 2025, the total automobile production stood at 27.33 million units, representing an 11% year - on - year growth. Specifically, new energy vehicle production reached 12.67 million units, a 28% year - on - year increase with a 46% market penetration rate. In contrast, fuel - powered vehicle production remained relatively stable at 14.65 million units, showing no significant year - on - year change.