CPCA data: In China, September battery-electric vehicle (BEV) sales were about
760,000 units, down 9.3% YoY and up 11.3% MoM; plug-in hybrid vehicle (PHEV)
sales were about 318,000 units, down 29.1% YoY and up 8.1% MoM. 2026 YTD
New-energy vehicle sales totaled 7.495 million units, down 13.2% YoY.