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User Guide

China: High gasoline prices fuel further NEV sales growth; small EVs drive exports

CPCA Monthly Report: Oct. passenger car retail sales down 27% to 1.64M; exports up 69% to 930K

2026/11/11

NEV wholesale sales up 10% to 1.77 million units; A00 and A0 segment EVs lead export growth (passenger car retail, wholesale and production)
High gasoline prices support further NEV sales growth; demand expected to rise in regional markets (October market analysis and November outlook)
Demand remains weak despite October’s peak selling season; automakers post widespread double-digit declines (Top 10 passenger car manufacturers 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

October retail sales volumes of passenger cars totaled 1.643 million units, down 27.1% year-over-year (y/y).

New Energy Vehicles (NEVs)

In October, retail sales of new energy passenger cars totaled 1.109 million units, down 13.7% y/y.

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