NEV Retail Down 10% YoY in First Three Weeks of June, World Cup and Base Effects Hit
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.
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