BYD Tops Fortune China 500 Carmaker Rankings, Leapmotor Rises 151 Spots
The 2026 Fortune China 500 rankings show significant gains for new energy vehicle makers, with BYD leading and Leapmotor excelling.
Latest in EV news, technologies, data and insights from China market
The 2026 Fortune China 500 rankings show significant gains for new energy vehicle makers, with BYD leading and Leapmotor excelling.
In June, Li Auto led China’s EV resale market, while AITO’s value declined sharply amid significant brand performance shifts.
The June 2026 report reveals weakened domestic demand for passenger vehicles in China, but strong export growth, particularly in new-energy vehicles.
China’s power grid has evolved into the world’s largest integrated service network, supporting green energy and a booming electric vehicle market.
Passenger vehicle retail sales in China declined 23% year-on-year in June, although demand is gradually improving with NEVs driving market growth amid challenging conditions.
China’s NEV market sees rising ADAS adoption and sales, with intelligent driving features becoming standard as competition shifts to software and efficiency.
In May, China’s passenger vehicle market struggled, but B-class SUVs thrived, with wholesale volume up 9% year-on-year, despite overall declines in retail sales.
China’s vehicle prices rose to 173K RMB in May, led by new energy models, amid a shift towards premium sales and weakening demand for lower-priced segments.
The China Automobile Dealers Association’s May 2026 report shows a recovering used-car market with increased listings and rising consumer demand, particularly for subcompact vehicles, despite declines in overall value retention among luxury brands.
China’s auto imports fell 33% in April to 27K units, extending a long-term decline, while NEV imports dropped sharply to just 2% share. Japan remained the top source, with Lexus leading the luxury segment as demand shifts toward domestic models.