Back to today’s briefing

Story perspectives

China's April Passenger Vehicle Sales Plummet 29% Year-on-Year

4/10/2026

38 9 Full Breakdown

Summary

Story summary

In early April 2026, China's passenger vehicle retail sales fell 29% YoY to 149,000 units.
New energy vehicles retail sales declined 24% YoY to 86,000 units.
NEVs held a market share of 57.7%.
In March, NEV retail sales rose 82.6% from February.
In March, NEV retail sales fell 14.4% year-on-year.
Exports of NEVs reached 349,000 units, up 139.9% YoY, highlighting a contrasting trend.

1 of 1

Story summary

In early April 2026, China's passenger vehicle retail sales fell 29% YoY to 149,000 units.
New energy vehicles retail sales declined 24% YoY to 86,000 units.
NEVs held a market share of 57.7%.
In March, NEV retail sales rose 82.6% from February.
In March, NEV retail sales fell 14.4% year-on-year.
Exports of NEVs reached 349,000 units, up 139.9% YoY, highlighting a contrasting trend.