China Auto Market
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China's 2026 auto trade-in subsidies seen as unfavorable for affordable models
Analysts predict budget automakers like Leapmotor, BYD, and Geely will face the greatest impact.
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China NEV retail sales in Dec 1-21 rise 1% year-on-year to 788,000 units
From December 1 to 21, China's overall passenger vehicle retail sales totaled 1.3 million units, down 19 percent year-on-year.
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China NEV retail sales in Dec 1-14 down 4% year-on-year to 476,000 units
From December 1 to 14, China's overall passenger vehicle retail sales totaled 764,000 units, a 24 percent decrease compared to the same period last year.
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China drafts guidelines to regulate automakers' pricing practices
The guidelines outline pricing conduct standards for car manufacturers, clarifying pricing strategy and sales behavior compliance requirements.
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China NEV retail sales drop 17% in 1st week of Dec
This marks a rare year-end decline in NEV sales over recent years, as support policies are scaled back.
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China 2025 auto sales projected to exceed 34 million units, with 6.8 million for export
China's 2025 NEV sales expected to reach 16 million units, said CAAM deputy secretary-general.
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China NEV retail at 849,000 in Nov 1-23, up 3% year-on-year
China's NEV retail penetration rate stood at 61.3 percent during November 1-23, and 53.28 percent year-to-date.
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China NEV retail at 554,000 in Nov 1-16, up 2% year-on-year
From November 1-16, China's total passenger vehicle retail sales stood at 886,000 units, down 14 percent compared to the same period last year.
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China mulls limiting cars' default performance as EV crashes frequently occur
China plans to require passenger vehicles to default to a state where acceleration from 0 to 100 km/h takes less than five seconds upon each startup.
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China NEV retail at 265,000 in Nov 1-9, down 5% year-on-year
From November 1-9, China's total passenger vehicle retail sales came in at 415,000 units, down 19 percent year-on-year.
