China's April passenger NEV wholesale seen rising 7% to 1.22 million units

CnEVPost
2026.05.07 10:59
portai
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China's wholesale sales of new energy vehicles (NEVs) in April are projected to rise 7% year-on-year and month-on-month, reaching approximately 1.22 million units, according to the China Passenger Car Association (CPCA). BYD leads the market with 314,100 units sold, followed by Geely and Chery. High oil prices and the recent Beijing Auto Show have driven consumer interest in NEVs, contributing to a rebound in sales as the industry emerges from its slow season. The CPCA also emphasizes the need for budget EV standards to stimulate demand in underdeveloped regions.