China's passenger NEV retail sales reached 951,000 units in July 2026, down 3.9% YoY for a seventh consecutive monthly decline. Yet NEV retail penetration surged to a record 65.1%, while conventional ICE vehicle sales plummeted 41% YoY. Exports remained the sole growth engine.
20320 hours ago
CPCA data shows June 1-21, 2026 China NEV retail sales at 583,000 units, down 10% YoY but up 11% MoM. Year-to-date cumulative NEV retail reached 4.28 million, down 14% YoY. Wholesale was stronger: 673,000 units, up 8% YoY with 67.3% penetration. CPCA forecasts full-month June NEV retail at 1.05 million with 63.6% penetration, driven by half-year closing sprint.
33151 days ago
According to CPCA forecasts, June 2026 China passenger vehicle NEV retail sales may reach approximately 1.05 million units, up 10.5% MoM from May, with penetration potentially climbing to 63.6%—a new record. Policy support includes steady effects from trade-in subsidies and strong half-year closing momentum from automakers. However, first-three-weeks data shows retail sales still down 10% YoY due to Dragon Boat Festival base effects and World Cup impact. Wholesale performed stronger: Jan 1-21 NEV wholesale reached 673,000 units, up 8% YoY.
27852 days ago
EX1000
