January NEV Production and Sales Exceed 940,000 Units, Exports Double Year-on-Year

According to the latest data from the China Association of Automobile Manufacturers (CAAM), in January 2026, China's new energy vehicle (NEV) production and sales reached 1.041 million units and 945,000 units, respectively, up 2.5% and 0.1% year-on-year, indicating stable overall performance. During the same period, total national automobile production and sales stood at 2.45 million units and 2.346 million units, respectively, with production rising slightly by 0.01% and sales declining by 3.2% year-on-year. The commercial vehicle segment performed notably well, recording double-digit year-on-year growth in both production and sales. In terms of exports, overall automobile exports continued their upward trend, with NEV exports surging 100% year-on-year to 302,000 units, demonstrating robust high-speed growth.