China's New Energy Vehicle Sales Down 12% YoY in August, Wholesale Up 5%

Published: Aug 29, 2026 17:17

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According to data released by the CPCA, from August 1 to 23, retail sales in China's new energy passenger vehicle market totaled 614,000 units, down 12% YoY from the same period last August; wholesale volume of new energy passenger vehicles by manufacturers nationwide reached 714,000 units, up 5% YoY. Year-to-date, cumulative retail sales of new energy vehicles totaled 6.283 million units, down 12% YoY; cumulative wholesale volume reached 8.962 million units.

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