According to the latest production and sales data from the China Association of Automobile Manufacturers, in September, domestic automobile production and sales reached 2.796 million and 2.809 million units, respectively, representing YoY declines of 1.9% and 1.7%. From January to September, the cumulative production and sales of domestic automobiles totaled 21.47 million and 21.571 million units, YoY increases of 1.9% and 2.4%. Notably, the production and sales of new energy vehicles both exceeded 8.3 million units, with YoY growth rates surpassing 30%. In terms of the structure of automobile production and sales, new energy vehicle sales now account for nearly 40% of total automobile sales.