
2025 New Energy Vehicle Market Report
China’s passenger vehicle sales reached 26.7M units (Jan-Nov 2025, +11.2% YoY), with full-year 2025 forecast at 29.8M units (+9.9% YoY). Driven by rising NEV penetration and extended trade-in policies, 2026 sales are expected to hit 31.1M units (+4.4% YoY) with…









