CPCA sees China August NEV retail sales at about 1.04 million, penetration may hit record — Explained
China’s passenger NEV retail sales are expected to rise about 9.4% from July, with retail penetration reaching 65.8%.
China’s passenger NEV retail sales are expected to rise about 9.4% from July, with retail penetration reaching 65.8%.
China’s passenger NEV retail sales totaled 614,000 in August 1-23, with retail penetration rising to 64.3%.
Leapmotor and Zeekr continued to set records, while Xpeng and Li Auto returned to sequential growth.
China’s wholesale sales of passenger NEVs are expected to rise 16% year-on-year to 1.51 million units in August.
NEV retail penetration rose to a record 65.7%.
Following the April 2026 event, the Beijing Auto Show will return in March 2027 as a specialized themed exhibition.
China’s NEV retail sales fell 10.1% year-on-year to 1.005 million in August, marking the eighth consecutive month of decline.
The exhibition is expected to cover 400,000 square meters, exceeding the 2026 Beijing Auto Show’s 380,000 square meters.
BYD exported 183,746 NEVs in August, with its share rising 3.2 percentage points from July.
Tesla returned to sixth place with a 5.0% share, while Leapmotor retained third place and posted the fastest year-on-year growth among the top 10.