NEV Production Soars to 1.653M in Aug, Expected to Reach 1.95M in Sep with Increased NdFeB Consumption

Published: Sep 29, 2026 18:12 (GMT+8)
In August 2026, NEV production reached 1.653 million units, consuming 6,986.1 mt of NdFeB according to the SMM model. September production is expected to reach 1.95 million units, consuming 8,241.4 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