BEV Fights Back Against PHEV: May BEV +3.9% vs PHEV -23%

In May 2026, China's PHEV passenger vehicle sales reached 228,000 units, plunging 23% year-over-year, with only 3 models selling over 10,000 units. The Tai 7 led with 16,247 units, while BYD swept the top three positions. Meanwhile, BEV sales grew against the trend to 637,000 units, up 3.9% YoY. The cliff-like decline in the PHEV market reflects the accelerating trend of consumers migrating from "transitional PHEV" to "pure electric," as well as the awkward positioning of PHEV as "money-saving b