NEV Penetration Breaks 60% in August, Production and Sales Exceed 1.5 Million
The China Association of Automobile Manufacturers (CAAM) released August 2026 automotive production and sales data. Total vehicle production and sales reached 2.49 million and 2.45 million units respectively, while NEV production and sales hit 1.56 million and 1.52 million units, with market penetration exceeding 60%.
15420 hours ago
