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China’s NEV penetration reaches 67%; NEV exports up 164%
CPCA Monthly Report: September passenger car retail sales down 28% to 1.62 million units
2026/10/15
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NEV wholesale sales up 11% to 1.67 million units; exports up 164% to 560,000 units (passenger car retail, wholesale and production)
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NEV penetration reaches 67%; hopes pinned on replacement demand (September market analysis and October outlook)
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Leapmotor alone among Top 10 posts growth; FAW-VW and Changan sales down 40% (Top 10 passenger car brands by retail sales)
The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, and MPVs, excluding minivans) for September 2026.
Retail
September retail sales volumes of passenger cars totaled 1.618 million units, down 28.0% year-over-year (y/y).
New Energy Vehicles (NEVs)
In September, new energy passenger car retail sales volume was 1.084 million units, down 16.7% y/y.
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