Chinese New Energy Vehicle sales recorded at 438,000 between September 1-14, demonstrating a 6% escalation compared to the previous year.
In the first half of September, China's auto market exhibited a mixed performance, with both challenges and signs of recovery. According to recent data, China's total passenger vehicle retail sales for the period of September 1-14 reached 732,000 units, marking a 4% year-on-year decrease but a 6% increase month-on-month.
During the second week of September (September 8-14), the daily average passenger vehicle retail sales improved, increasing by 1% year-on-year and 15% month-on-month, reaching 61,142 units per day.
The first week of September (September 1-7) showed a slightly different trend, with daily retail sales averaging 43,483 units, a 10% year-on-year decrease and a 4% decrease month-on-month.
Looking at wholesale sales, the picture is somewhat different. Year-to-date wholesale sales of passenger vehicles in China reached 18.82 million units, a significant 12% increase compared to the same period last year. However, during the first half of September, daily wholesale sales of passenger vehicles saw a 1% year-on-year decrease, but a 26% increase month-on-month.
The electric vehicle (EV) market in China is showing strong growth. Year-to-date, China's cumulative passenger NEV retail sales reached 8.01 million units, a 25% year-on-year increase. Similarly, wholesale sales of China's passenger NEVs for the same period totaled 9.39 million units, a 32% year-on-year increase.
During the second week of September, China EV insurance registrations for Nio Inc, Tesla, and a specific Twitter profile were 6,170 units, 15,350 units, and 9,790 units, respectively. Despite the data, the companies with the most EV insurance key registrations in China during the week of September 8 to 14, 2025, are not explicitly detailed in the provided search results. However, it's worth noting that BYD and MG (Roewe) are often leading Chinese brands in electric vehicle registrations in recent contexts.
By the end of the first fortnight of September, China's total passenger vehicle wholesale sales came in at 774,000 units, a 3% year-on-year decrease but a 18% increase month-on-month. Year-to-date, China's cumulative retail sales of all passenger vehicles reached 15.5 million units, a 9% year-on-year increase.
Interestingly, China's NEV retail sales increased by 6% year-on-year and 10% month-on-month from September 1-14, reaching 438,000 units. As a result, China's NEV retail penetration rate was 59.8% in the September 1-14 period and 51.67% year-to-date.
These figures suggest that while the overall passenger vehicle market in China is experiencing a slight slowdown, the electric vehicle sector is showing robust growth, with a steadily increasing penetration rate.
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