Published on: 2026-08-12
Source: People’s Republic of China — Translation
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Beijing, August 12 /Xinhua/ — The share of new energy vehicles (NEV) in the total sales of new motor vehicles in China in July 2026 exceeded 60 percent for the first time, while the share of NEV in sales for the first seven months surpassed 50 percent for the first time. This is evidenced by data from the China Association of Automobile Manufacturers (CAAM), published on Wednesday.
According to CAAM data, in July the production and sales volumes of NEVs in China amounted to more than 1.57 million and 1.56 million units respectively, which is 26.8% and 23.7% higher compared to the same period last year.
Among NEVs, both production and sales volumes of electric vehicles in July exceeded 1 million units, surpassing the same figure from the previous year by more than 30 percent.
In the first seven months of 2026, the production and sales volumes of NEVs amounted to 9.01 million and 9 million units respectively, which is almost 10% more year-on-year.
As noted by Chen Shihua, Deputy Secretary of CAAM, the total production and sales volumes of automobiles in July reached 2.57 million and 2.58 million units respectively, slightly decreasing both compared to the previous month and on a year-on-year basis.
According to Chen Shihua, July is traditionally a low season for car sales, with market performance negatively affected by the early release of demand in the first half of the year, persistently hot weather, as well as typhoons and floods in several regions.
Car exports in July maintained a strong growth momentum, exceeding 1.04 million units and increasing by 81.3 percent year-on-year. At the same time, NEV exports grew 1.5 times to 553 thousand units, accounting for more than half of the total car export volume for the second consecutive month.
From January to July, car exports totaled 6.14 million units, an increase of 66.8 percent. NEV exports amounted to 2.91 million units, which is 1.2 times higher year-on-year.
Since the beginning of the current year, persistently high oil prices have led to an increase in daily operating costs for vehicles using traditional fuel, which has made the economic attractiveness of NEVs more apparent and become a key factor driving consumer demand.
At the same time, NEVs continue to increase their competitiveness. Chinese automakers are ramping up technological innovations and investments in research and development (R&D), achieving steady progress in areas of particular interest to consumers, such as safety and driving range. A richer and more diverse NEV model lineup also helps unlock their market potential.
According to the latest data from the National Energy Administration of China, as of the end of June, the number of charging cables at electric vehicle charging stations reached 23.06 million units, increasing by 43.2 percent year on year.
In accordance with the action plan to reach the peak of carbon emissions during the 15th Five-Year Plan (2026-2030), China aims to increase the share of NEVs in the country’s vehicle fleet to 30 percent by 2030. –0–
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