CPCA

NEV retail penetration in China reached 60.4% in December, surpassing the 60% mark for the first time.

Cumulative wholesale sales of passenger NEVs reached 15.33 million units in 2025, marking a 25% year-on-year increase.

From December 1 to 28, China's overall passenger vehicle retail sales totaled 1.928 million units, down 17 percent year-on-year.

Battery makers are expected to cut production and take holidays in early 2026 to respond to demand fluctuations, the CPCA head said.

From December 1 to 21, China's overall passenger vehicle retail sales totaled 1.3 million units, down 19 percent year-on-year.

China's overall passenger car retail sales in December are projected to come in at about 2.3 million units, marking a year-on-year decline of 12.7 percent.

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.

This marks a rare year-end decline in NEV sales over recent years, as support policies are scaled back.

BYD's share edged slightly higher than October's, while Tesla made its return to the top 10 after falling out of the rankings last month.

BEV retail sales reached a record high in November, while hybrid models saw their fifth consecutive month of year-on-year decline.