NEV share of new car sales continues to rise

China's new energy vehicles captured a bigger slice of the country's new car market in October, with their share of sales rising to 64.3 percent from 61.6 percent in September, data from the China Association of Automobile Manufacturers showed on Wednesday.

For the first 10 months of 2026, NEVs made up 54.8 percent of total new car sales.

October NEV production totaled 2.02 million units and sales hit 1.94 million units, rising more than 13 percent on a year earlier, the industry body said.