China's NEV Market Stabilizes in May 2026, Sales Up 14.4% Year-on-Year

Published: Jun 10, 2026 14:36

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【SMM News】 Data released by the China Association of Automobile Manufacturers (CAAM) on the 10th shows that in May 2026, China's new energy vehicle (NEV) market stabilized and recovered. Production and sales reached 1.554 million and 1.496 million units respectively, marking year-on-year growth of 22.4% and 14.4%. The proportion of NEV sales in total new car sales further increased, reaching 56.9%.

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