EVs dominate China’s car market: 5 takeaways from the country's latest auto sales data
CNBC·
- Industry data from Autohome and the China Passenger Car Association reveals that electric-powered vehicles increasingly dominate China's fiercely competitive car market.
- Geely's Xingyuan electric hatchback ranked as the bestseller with nearly 197,500 units sold, while Tesla's Model Y and various BYD models also secured top positions in sales.
- New energy vehicles accounted for 65.1% of new passenger cars sold in July 2026, rising from 54% a year earlier despite an overall drop in passenger car sales.