market growth

CPCA estimates China's October NEV wholesale sales hit record 1.8 million units

The China Passenger Car Association estimates October passenger NEV wholesale sales at a record 1.8 million units, up 12% year-on-year and 8% month-on-month. The figure tops the previous record of 1.706 million set in November 2025 and lifts year-to-date sales to about 13.22 million units.