Cui Dongshu, secretary-general of the China Passenger Car Association (CPCA), said global vehicle sales numbered 63.43 million units in 8M26, while global new energy passenger vehicle (NEV-PV) sales reached 15.7 million units, up 15% YoY.
Among them, NEV sales in August numbered 2.23 million units, up 16% YoY, with growth returning to historically normal levels. The penetration rate of NEVs reached 24.5% in 8M26, of which BEVs accounted for 17.3%, and PHEVs accounted for 7.5%. Hybrid vehicles achieved an outstanding 8% share.
In light of factors including high tariffs and price increases following the cancellation of NEV subsidies, US NEV sales in August sank 44% YoY to 110,000 units. US NEV sales in 8M26 totaled 820,000 units, down 31% YoY. Europe's NEV passenger vehicle sales reached 3.86 million units in 2025, representing a YoY hike of 960,000 units, or 33%. Preliminary statistics showed that Europe's NEV-PV sales in August grew 33% YoY to 320,000 units, while sales in 8M26 added 34% YoY to 3.12 million units.
~
AASTOCKS Financial News
Website: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| GEELY (C) |
17194 |
19.2 (-) |
0.056 |
4.4 X |
| GEELY (C) |
17951 |
16.28 (-) |
0.094 |
3.8 X |
| GEELY (Bull) |
55328 |
13.5 (14) |
0.026 |
11.3 X |
| GEELY (Bull) |
55855 |
12 (12.5) |
0.055 |
5.3 X |
| GEELY (Bear) |
65039 |
16.5 (16) |
0.035 |
8.4 X |
| BYD (C) |
17448 |
90 (-) |
0.066 |
4.8 X |
| BYD (C) |
17963 |
78.28 (-) |
0.095 |
4.8 X |
| BYD (Bull) |
61247 |
68.6 (70) |
0.051 |
14.3 X |
| BYD (Bull) |
64256 |
66.1 (67.5) |
0.079 |
9.3 X |
| BYD (Bear) |
56323 |
86.4 (85) |
0.056 |
6.5 X |
| BYD (Bear) |
64673 |
81.4 (80) |
0.035 |
10.4 X |
| TSLA (P) |
11135 |
330 (-) |
0.202 |
6.8 X |
