China’s EV Charging Infrastructure Reaches 24.223 Million Units by End-August
As of August 2026, China’s EV charging infrastructure surged to 24.223 million units, driven by private facilities and growing electricity demand.
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China Passenger Car Retail Falls 23% in Aug, SUVs Lead Growth
August 2026 saw a 23% drop in China’s passenger vehicle retail sales, with SUVs driving market growth.
China’s Average Passenger-Vehicle Price Rises to $25.5K in Aug as NEV Prices Climb
In August 2026, average vehicle prices in China increased, with a notable shift toward higher-quality, premium segments.
China NEV Sales Share Could Reach 75-80% by 2030: Sinopec
A Sinopec researcher forecasts a 75-80% NEV sales share in China by 2030 and estimates NEVs will displace 56 million tonnes of oil demand in 2026.
China NEV Price Cuts Average 17.8% in August on Select Models
China’s NEVs with price cuts averaged a 17.8% reduction in August 2026. Cuts were concentrated in select models, while promotions stood at 8.6%.
Chinese Cars Beat Japanese Rivals in Three-Year Resale Value
Chinese cars averaged 53.74% three-year value retention in August, ahead of Japanese brands at 52.39%, according to a joint industry report.
China Pickup Sales Hit 57K in July as Export Share Hits 71%
In July, China sold 57K pickup trucks, with exports rising significantly, while new-energy pickups saw substantial growth.
Geely H1 Core Profit Jumps 46% as Revenue Hits Record $25.8B
Geely posted record H1 2026 revenue of $25.8B and core net profit of $1.44B, up 46%, supported by EV sales and exports.
China’s NEV Average Price Rises to $24.9K in July as Market Moves Upmarket
In July, China’s passenger vehicle market shifted towards higher price segments, with increasing demand for new energy vehicles and declining lower-priced models.
China Passenger Car Retail Volume Dropped 22% YoY to 317K in Early August
China’s passenger vehicle market saw a 22% sales drop early August, but new energy vehicles remain resilient amid market adjustments.