China Auto

BEVs recorded retail sales of 782,000 units in December, marking a 2.5% year-on-year increase but a 5.5% decline from November.

In 2025, China's passenger NEV production reached 15.35 million units, marking a 26.1% year-on-year increase.

China's December Vehicle Inventory Alert (VIA) Index stood at 57.7 percent, indicating the automotive industry remains in contraction territory.

Automakers producing only NEVs held 740,000 units in inventory at the end of November, up from 730,000 units at the end of October.

China's November auto dealer inventory factor reached 1.57, exceeding the 1.50 alert line and above the reasonable range.

From January to November, China's passenger NEV production reached 13.788 million units, marking a 28.6 percent year-on-year increase.

BEV retail sales in November reached 827,000 units, up 9.2 percent year-on-year and 2.1 percent month-on-month.

China's November Vehicle Inventory Alert (VIA) Index stood at 55.6 percent, indicating the automotive industry remains in contraction territory.

For automakers producing only NEVs, inventory at the end of October stood at 730,000 units, up from 620,000 units at the end of September.

From January to October, China's passenger NEV production totaled 12.04 million units, up 30.3 percent year-on-year.