Annual Data

Porsche delivered 41,938 vehicles in China in 2025, marking a 26.28% decrease compared to 2024.

The CAAM projects China's overall passenger vehicle sales will reach 34.75 million units in 2026, representing a 1% year-on-year increase.

China has maintained its position as the world's top producer and seller of NEVs for ten consecutive years.

Porsche's deliveries in China are down 28 percent in 2024 from 2023, resulting in a 3 percent drop in its global deliveries from 2023.

China's NEV sales, including exports, are expected to reach about 16.5 million units in 2025, with a penetration rate of more than 50 percent, a think tank expert said.

Tesla continues to lead the BEV rankings in 2023 with a 19.9 percent market share, followed by BYD with 17.1 percent.

In terms of penetration, new registrations of NEVs in Shanghai contributed 53 percent of all new vehicle registrations in 2022.

This would include 6.99 million BEVs and 3.37 million PHEVs, according to a team of local analysts.

CATL's share of the global power battery market reached 32.6 percent in 2021, up 8 percentage points from 24.6 percent in 2020.

After being overtaken by Europe in 2020, China regains its position as the largest contributor to global new energy passenger vehicle sales in 2021.