Lead Story
Aug 21, 2026
China August NEV retail sales to hit ~1.04M, record 65.8% penetration
China's passenger NEV retail sales are expected to reach about 1.04 million units in August, up 9.4% from July, with retail penetration hitting a record 65.8%. Despite a weak overall auto market, NEVs continue to gain share, driven by new model launches at the Chengdu Auto Show.
Sarah Mitchell