Xiaomi YU7 Tops January NEV Sales, NIO ES8 and Li Auto i6 Overtake Model Y
China’s 2026 NEV market shows a marked shift from January, with Tesla Model Y losing its top position.
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China’s 2026 NEV market shows a marked shift from January, with Tesla Model Y losing its top position.
As major global automakers release their 2025 sales figures, BYD’s annual sales of 4.602 million vehicles make it the first Chinese automaker to enter the global top six by volume.
With the official release of the Guidelines, the competitive logic of China’s auto industry is set to undergo a fundamental shift.
Most automakers have since adjusted payment terms, while some suppliers report effective delays despite nominal 60-day terms.
In January, the top 15 NEV automakers sold a combined 909,000 units, accounting for 96.2% of total NEV sales.
Ahead of China’s Spring Festival holiday, the market typically enters a peak season for fuel-powered vehicles.