In the first week of September 2026, retail sales of new energy vehicles in China reached 150 000 units. This figure represents a 15 percent increase compared to the previous month, although it marks a 3 percent decline year-on-year.
The penetration rate of new energy vehicles in the retail market climbed to 71.5 percent, up from 61.6 percent recorded in the first week of August. Meanwhile, wholesale sales of these vehicles totaled 156 000 units, reflecting a 2 percent annual growth.
Overall passenger vehicle retail sales in China fell by 19 percent year-on-year to 210 000 units during the period from September 1 to September 6. Year-to-date retail sales for the broader passenger vehicle market reached 11.926 million units.
The China Passenger Car Association noted that the market faces a high comparison base due to record sales in September 2025 caused by expiring regional subsidies. Exports remain a significant support factor, with 1.05 million vehicles exported in August alone.
As of August 2026, BYD leads the Chinese new energy vehicle market with a 23.3 percent share. Tesla holds a 5.0 percent share, securing the sixth position, while Leapmotor maintains the third spot with the fastest growth among the top ten manufacturers.
