BEIJINGSHANGHAI, Nov 8 Reuters China39;s car sales are expected to jump by more than 20 in November, the China Passenger Car Association CPCA said on Wednesday, citing increased confidence among carmakers striving to deliver annual sales goals in the world39;s top auto market.

Car sales totalled 2.05 million units in October, up 9.9 from a year earlier, extending gains to a third month. Sales in the first 10 months of 2023 rose 3 yearonyear to 17.46 million units.

The October figures came on the back of a 2.2 increase in August and a 4.7 rise in September.

New energy vehicle NEV sales rose by 37.5 in October yearonyear, accounting for 37.4 of total car sales. NEV sales growth picked up from a 22.1 increase in September, amid signs that an economic recovery was gaining traction.

Demand for electric vehicles, however, has weakened in China as consumers favour more economical plugin hybrids, helping carmakers such as Li Auto and BYD gain market share.

BYD sold 301,095 passenger cars, including its Dynasty and Ocean series and Denza brand in October, up 38.4 yearonyear, with more than 10 exported, according to the company.

It offered limitedtime discounts for November on some of its bestselling models as the company strives to meet its annual sales target of 3 million units. BYD had sold yeartodate 2.38 million new energy vehicles of both pure electric and plugin hybrids.

U.S. EV giant Tesla, in comparison with its Chinese rivals, saw lower sales, with October…