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CAAM: China's October output and sales both top 3 million as NEVs reach 64.3% of new sales

Published on Nov 14, 2026

CAAM: China's October output and sales both top 3 million as NEVs reach 64.3% of new sales

China produced 3.063 million vehicles and sold 3.016 million in October 2026, both above the three million mark, with NEV output of 2.017 million and sales of 1.94 million, according to data released by the China Association of Automobile Manufacturers (CAAM) on November 11.

NEVs accounted for 64.3% of new vehicle sales in October. Cumulative NEV sales for January-October reached 14.411 million units, up 11.3% year on year and equal to 54.8% of total new vehicle sales. By domestic sales mix, NEV passenger cars made up 70.4% of domestic passenger car sales in October, while NEV commercial vehicles accounted for 51.9% of domestic commercial vehicle sales.

NEV commercial vehicles are a new growth point: sales reached 1.018 million units in January-October, up 41.7% year on year. CAAM deputy secretary-general Chen Shihua said October output and sales rose month on month, with NEVs growing steadily and their share continuing to climb, supporting stable industry performance.

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