China's Passenger Vehicle Sales Drop 25.4% YoY in February, NEV Sales Down 32%

Published: Mar 14, 2026 15:02

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According to data released by the CPCA, retail sales in China’s passenger vehicle market totaled 1.034 million units in February, representing a 25.4 YoY decline. Specifically, in the passenger NEV market, retail sales reached 464,000 units, down 32 YoY.

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