2025 China Passenger Vehicle Dual-Credit Results Released: 60 Automakers Compliant, Imports Account for Most Negative Credits

In 2025, four Chinese government departments jointly released the compliance assessment results for passenger vehicle manufacturers regarding average fuel consumption and new energy vehicle (NEV) credits. Nationwide, 108 passenger vehicle enterprises produced or imported a total of 24.629 million vehicles, comprising 87 domestic manufacturers with output of 24.164 million units and 21 importers supplying 465,000 units. The industry-wide average curb weight was 1,719 kg, with an actual average fuel consumption of 3.38 liters per 100 km and average CO₂ emissions of 80.22 grams per km. For the year, the sector generated 53.553 million positive fuel consumption credits and 9.412 million negative credits; NEV credits totaled 21.94 million positive and 1.599 million negative. Domestic automakers reported an average curb weight of 1,714 kg, average fuel consumption of 3.30 L/100 km, and CO₂ emissions of 78.29 g/km. They earned 53.549 million positive fuel consumption credits and incurred 8.48 million negative credits, along with 21.937 million positive NEV credits and 1.469 million negative NEV credits. Imported-vehicle enterprises had an average curb weight of 1,978 kg, average fuel consumption of 7.62 L/100 km, and CO₂ emissions of 180.66 g/km. They generated only 0.3 million positive fuel consumption credits but accumulated 9.31 million negative credits; their NEV credits stood at 0.3 million positive and 1.3 million negative. Their average fuel consumption was approximately 2.3 times higher than that of domestic automakers. According to the announcement, 60 companies—including BYD and Zhejiang Geely Automobile—met both credit requirements, while 48 others—including FAW-Volkswagen and Chery—failed to comply. Under relevant regulations, companies with negative credits must offset them by purchasing positive credits within the stipulated period. Those failing to do so on time will face restrictions on applying for approvals of high-fuel-consumption new models and production capacity reductions; in severe cases, their whole-vehicle manufacturing licenses may be suspended.