August Auto Exports Reach 1.01 Million Units, NEV Penetration Hits 60.6%
Data from the China Association of Automobile Manufacturers shows that in August 2026, China's automobile production and sales were 2.684 million and 2.712 million units, respectively, up 4.3% and 4.9% month-on-month, but still down year-on-year. New energy vehicle sales were 1.643 million units, up 17.8% year-on-year, with their monthly share rising to 60.6%; the cumulative share from January to August reached 52.4%. Over the same period, automobile exports were 1.01 million units, up 65.3% year-on-year, exceeding one million units for three consecutive months and becoming a key source of growth stabilizing the overall industry.
2912 days ago
