CPCA estimates September 2026 manufacturer wholesale volumes for China new-energy passenger cars at 1.67 mln units, up 12% YoY and 11% MoM. Growth was double-digit on both measures and materially outpaced the overall passenger-vehicle market, underscoring NEVs as the primary driver stabilizing passenger-car demand and signaling a firm bottoming/recovery following earlier adjustment.

2026-10-09

CPCA estimates September 2026 manufacturer wholesale volumes for China new-energy passenger cars at 1.67 mln units, up 12% YoY and 11% MoM. Growth was double-digit on both measures and materially outpaced the overall passenger-vehicle market, underscoring NEVs as the primary driver stabilizing passenger-car demand and signaling a firm bottoming/recovery following earlier adjustment.