CAAM

  • China Feb NEV sales see 1st decline since Mar 2024, while exports double

    Domestic NEV sales plunge over 36% year-on-year, dragged by the traditional low season and additional purchase tax costs.

  • China Jan NEV sales stay flat year-on-year as exports remain strong

    Domestic NEV sales in China fell 18.9% year-on-year in January, while NEV exports doubled to a record high.

  • CAAM forecasts China NEV sales to grow 15.2% to 19 million units in 2026

    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 NEV sales total 1.71 million units in Dec, bringing full-year 2025 sales to 16.49 million

    China's NEV sales grew 28.2% in 2025, outpacing the overall automotive market's 9.4% growth.

  • China Nov NEV sales set fresh record at 1.823 million units, CAAM data show

    China's NEV exports surged 260 percent year-on-year in November to a record 300,000 units.

  • China NEV sales hit new record of 1.715 million units in Oct, CAAM data show

    BEV sales reached a record 1,109,000 units in October, up 31.7 percent year-on-year.

  • CAAM deputy secretary-general calls for China to phase out NEV tax incentives more gradually

    CAAM deputy secretary-general called for a 3 percent tax rate in 2026 and 7 percent in 2027, rather than the currently planned 5 percent rate for both years.

  • China NEV sales hit record 1.6 million in Sept, with BEVs surpassing 1 million for first time, CAAM data show

    September BEV sales reached a record 1,058,000 units, up 36.4 percent year-on-year.

  • China NEV sales rise to nearly 1.4 million in Aug as exports double, CAAM data show

    BEV sales in August rose 40.5 percent year-on-year, while PHEV sales grew 7.5 percent.

  • China NEV sales up 27% year-on-year to 1.26 million in Jul, CAAM data show

    BEV sales rose 47.1 percent year-on-year in July, while PHEV sales grew only 2.8 percent, the lowest growth rate since at least January 2021.