H1 2026 NEV passenger vehicle terminal sales reached 2.166 million units, up 32% YoY. BYD led with 377K units. A0 BEV contributed 35% of incremental sales. BEV share surpassed PHEV, becoming the mainstream. Geely StarWish sold 97K units in H1, overtaking Qin PLUS for the model crown.
49628 days ago
The China Automobile Dealers Association (CADA) reported a dealer inventory coefficient of 1.48 for July 2026, down 6.3% month-over-month but up 9.6% year-over-year. The passenger vehicle market remained sluggish due to seasonal factors, with nationwide retail sales reaching 1.506 million units and total inventory at approximately 2.2 million vehicles. High-end brands saw the largest inventory decline as market divergence intensified.
46829 days ago
China's H1 2026 passenger vehicle domestic sales fell 24.3% YoY, with NEVs also declining. NIO firmly rejected range-extender technology while Xiaomi's first EREV model secured 70,000 orders in 72 hours. Meanwhile, the industry's talent mismatch intensified, with ADAS engineer supply-demand ratio at just 0.38.
40934 days ago
In June 2026, China's auto exports surpassed 1 million units for the first time, reaching 1.037 million units with a 75.1% YoY increase. Meanwhile, domestic passenger vehicle retail sales fell 23.2% YoY, presenting a stark contrast.
35845 days ago
June 2026 China passenger vehicle group sales showed a clear "independents advance, JVs retreat" pattern. BYD led with 397,292 units, followed by Geely Holding (265,225) and Chery Holding (246,089). Leapmotor jumped to 9th place with 93,376 units, overtaking Tesla's 89,091 units.
25845 days ago
China's automotive industry association released June 2026 production and sales data showing NEV output reached 1.598 million units and sales hit 1.643 million units, up 26% and 23.6% year-over-year respectively. NEVs accounted for 58.5% of total new car sales, with first-half cumulative production and sales exceeding 7.4 million units.
33751 days ago
In the first half of 2026, China's automobile production and sales reached 14.993 million and 15.017 million units respectively. NEV production and sales exceeded 7.4 million units, with exports of 2.355 million units up 1.2x year-over-year. June monthly exports exceeded 1 million for the first time.
79357 days ago
China's H1 2026 passenger vehicle retail sales reached 8.7 million units, down 20.2% YoY. SAIC Motor reclaimed the top spot with 2.05 million sales, followed by BYD at 1.81 million. Overseas exports became the breakthrough key, with three automakers achieving doubled growth.
41861 days ago
In May 2026, China's NEV passenger vehicle retail sales are expected to reach 950,000 units, with penetration surpassing 62.5% for the first time. PHEV sales grew over 35% year-over-year, while battery pack costs continue to decline. For Central Asian and Russian buyers, China's NEV supply chain scale advantage is translating into tangible procurement benefits.
573108 days ago
EX1000
