ICE Vehicle Production in Aug 2026 Consumes 326.7 mt NdFeB, Sept Forecast at 430.6 mt

Published: Sep 29, 2026 18:13 (GMT+8)
In August 2026, internal combustion engine vehicle production reached 1.031 million units, consuming 326.7 mt of NdFeB according to the SMM model. September production is expected to reach 1.359 million units, consuming 430.6 mt of NdFeB.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn