The data indicates that in October, there were 32 models with wholesale volumes exceeding 20,000 units, of which 20 were new energy models.
On November 10th, the China Passenger Car Association (CPCA) released its analysis report on the Chinese new energy passenger vehicle market for October 2025.
The data shows that in October, the production of new energy passenger vehicles reached 1.657 million units, a year-on-year increase of 19.8% and a month-on-month increase of 10.2%. From January to October, the cumulative production reached 12.037 million units, representing a growth of 30.3%.
Wholesale sales reached 1.621 million units, up 18.5% year-on-year and 8.5% month-on-month. Cumulative wholesale sales from January to October totaled 12.058 million units, an increase of 29.9%.
Retail sales were 1.282 million units, reflecting a 7.3% year-on-year increase but a 1.3% month-on-month decrease. Cumulative retail sales from January to October reached 10.151 million units, growing by 21.9%.
Exports by new energy passenger vehicle manufacturers stood at 251,000 units, surging 104.2% year-on-year and 18.6% month-on-month. Cumulative exports from January to October amounted to 1.879 million units, a significant increase of 71.7%.
In terms of the overall wholesale figures, the wholesale penetration rate of NEVs among manufacturers was 55.3% in October, up 5.1 percentage points year-on-year. Specifically, the penetration rate for Chinese brands reached 70.1%; for new energy vehicles in the luxury car segment, it was 39.1%; while for mainstream joint venture brands, it was only 7.1%.
Looking at energy types, wholesale sales of pure electric vehicles (BEVs) were 1.020 million units, a year-on-year increase of 31.6%. Wholesale sales of extended-range electric vehicles (EREVs) were 121,000 units, a slight decrease of 1.9% year-on-year. The data indicates that in October, there were 32 models with wholesale volumes exceeding 20,000 units, of which 20 were new energy models.
From the retail data perspective, the retail penetration rate of new energy vehicles in the overall domestic passenger car market was 57.2% in October, an increase of 4.3 percentage points year-on-year. Among these, the penetration rate for Chinese brands was 77.9%; for new energy vehicles in the luxury car segment, it was 22.2%; while for mainstream joint venture brands, it remained low at only 7%.
According to customs statistics, total vehicle exports in October were 828,000 units, an increase of 42%. Among these, new energy passenger vehicle exports were 250,000 units, a substantial year-on-year growth of 104%. Battery electric vehicles (BEVs) accounted for 64% of new energy vehicle exports, with A00 and A0 segment BEVs, a core focus, constituting 37% of BEV exports.
The top 5 automakers by manufacturer NEV export volume in October were: BYD (80,108 units), Chery (40,816 units), Tesla China (35,491 units), IM Motors (14,138 units), and Geely (13,626 units).
Discover more from ChinaEVHome
Subscribe to get the latest posts sent to your email.
