Foton Motor July Sales 51,800 Units: NEV 11,300, First 7 Months Up 10.38%
Foton sold 51,800 vehicles in July, with NEV sales of 11,300 units. Cumulative first-7-month sales grew 10.38% YoY, with the NEV segment surging 21.48%.
4161 day agoTrade-In Policy
4161 day ago
China NEV Production and Sales Exceed 1.6 Million Units in June, Penetration Nears 60%
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.
26214 days ago3.6 New Cars Launch Daily: China's Auto Market Enters White-Hot Competition
On July 15, 2026, China's auto market witnessed a rare phenomenon: seven new models launched simultaneously in a single day. Deeper data from BYD Executive Vice President He Zhiqi reveals that Chinese automakers released 542 new models in the first five months of 2026 — an average of 3.6 per day — while the domestic market contracted by 20%. New vehicle lifecycles have shrunk dramatically, and industry competition has escalated from "fierce" to "brutal."
46919 days ago
CAAM: H1 NEV Production and Sales Exceed 7.4M Units, Exports Double YoY
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.
57720 days ago
Fuel Vehicle Retail Plunges 39% in June: NEV Penetration Holds Above 62%
In June 2026, China's passenger car retail market reached 1.602 million units, down 23.2% year-over-year. Fuel vehicle retail plummeted 39%, while NEV penetration held steady at a historic high of 62.8%, with domestic brands capturing 68.6% market share.
63120 days ago
June NEV Retail Expected to Exceed 1.05 Million, Penetration May Hit 63.6% Record
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.
26141 days ago
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