China NEV retail sales fall 8% in first 2 weeks of July as penetration reaches 63.1% You Should Know
China’s production of conventional fuel light vehicles fell 56% year on year to 159,000 units in the first 2 weeks of July.
China’s production of conventional fuel light vehicles fell 56% year on year to 159,000 units in the first 2 weeks of July.
NEV retail penetration reached 63% during July 1-19, with wholesale penetration at 68.1%.
NEV retail penetration is expected to reach about 64.5% in July, rising further from June.
China’s NEV retail penetration rose to 65.7% in July 1-26, while wholesale penetration reached 70%.
CPCA estimates China’s July NEV wholesales at about 1.47 million units, with year-on-year growth hitting its highest level so far in 2026.
NEV retail penetration rose to a record high of 64.4% as sales decline narrows.
China’s NEV retail penetration rose to a record 65.1% in July as demand for gasoline-powered vehicles continued to collapse.
Nio’s retail sales surged 70.5% year-on-year in July, keeping it at No. 8 in China’s NEV market.
BYD continued to dominate China’s NEV export market in July with 173,721 vehicles, while Tesla China exported 66,330 units.
China’s overall passenger vehicle retail sales were 317,000 units on August 1-9, down 22% year-on-year.