September 2026 NEV Sales Surge 45.6% YoY, Market Share Nears 50%

Published: Sep 19, 2026 17:56

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CAAM data shows September 2026 NEV production and sales reached 1.617 mn and 1.604 mn respectively, up 42.7% and 45.6% YoY. NEV share of total new vehicle sales reached 49.7%. Jan-Sep cumulative NEV production/sales reached approximately 12.6 mn, with market share approaching half. September NEV exports were 222,000 units, more than doubling YoY. CPCA data shows September domestic NEV passenger car retail was approximately 1.296 mn units, up 15.5% YoY, with monthly penetration reaching 57.8%, a new record high.

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