China's NEV Wholesale Sales Reach 1.8M in Oct, Up 12% YoY and 8% MoM

Published: Nov 04, 2026 11:19 (GMT+8)

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On November 3, Cui Dongshu, head of the CPCA, wrote that based on preliminary monthly CPCA data, wholesale sales of passenger NEVs by producers nationwide are estimated to reach 1.8 million units in October, up 12% YoY and up 8% MoM, marking continued strengthening on both a YoY and MoM basis and signaling that the new energy sector has entered a recovery channel with strong consolidation at lows following an earlier adjustment.

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