<div id="readability-page-1"><blockquote><ul><li>Domestic NEV sales in China fell 18.9% year-on-year in January, while NEV exports doubled to a record high.</li><li>China's total vehicle wholesale sales totaled 2.346 million units in January, down 3.2% year-on-year.</li></ul></blockquote> <div> China monthly NEV sales (exports included) 2024 2025 2026 </div> China's January new energy vehicle (NEV) sales barely held steady with the same period, as exports remained strong despite the domestic sales decline.In January, China's NEV sales totaled 945,000 units, falling below the 1 million mark for the first time since March 2025, according to data released today by the China Association of Automobile Manufacturers (CAAM).This represents a 0.1% year-on-year increase but a 44.74% decrease compared to December. <div> Join us on Telegram or Google News </div>CAAM's NEV sales figures represent automakers' wholesale sales, including both domestic Chinese sales and exports to overseas markets. NEVs include battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel cell vehicles.Domestic Chinese NEV sales in January totaled 643,000 units, down 18.9% year-on-year and down 54.4% month-on-month. <div> China NEV sales excluding exports 2024 2025 2026 </div> This decline is primarily due to the seasonal pattern where the beginning of the year typically represents a slow period for China's auto sales, while the end of the year is usually a peak sales period.Complicating matters further, entering 2026, Chinese NEV buyers now face a 5% purchase tax, rather than the previous full exemption from the 10% tax rate.Additionally, vehicle trade-in subsidies expired at the end of last year. China has extended these subsidies with adjusted details, currently in a transitional phase.NEV exports remained robust in January, reaching a record 302,000 units. This represents a 100% year-on-year increase and a 0.5% rise from December. <div> China monthly NEV exports 2024 2025 2026 </div> Including exports, China's BEV wholesale sales in January totaled 597,000 units, up 4.0% year-on-year but down 46.12% from December. <div> China monthly BEV sales 2024 2025 2026 </div> PHEV wholesale sales in January reached 348,000 units, down 5.9% year-on-year and down 41.9% from December. <div> China monthly PHEV sales 2024 2025 2026 </div> Total Chinese vehicle wholesale sales in January were 2.346 million units, down 3.2% year-on-year and down 28.3% month-on-month. <div> China monthly car sales 2024 2025 2026 </div> This translates to a January NEV penetration rate of 40.3%, higher than the 39.0% recorded in the same period last year but lower than December's 52.3%. <div> China monthly NEV penetration 2024 2025 2026 </div> In January, China exported 681,000 vehicles, a 44.9% year-on-year increase but a 9.5% decrease from December. <div> China monthly car exports 2024 2025 2026 </div> China exported 202,000 BEVs in January, a 100% year-on-year increase and a 16.9% rise from December.PHEV exports totaled 99,000 units in January, up 97.3% year-on-year but down 21.8% from December. <div> China monthly NEV production 2024 2025 2026 </div> <div> China monthly BEV production 2024 2025 2026 </div> <div> China monthly PHEV production 2024 2025 2026 </div> <div> <div> <img width="768" height="432" src="https://imageproxy.pbkrs.com/https://cdn.cnevpost.com/wp-content/uploads/2026/02/2026020110492194-768x432.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://cdn.cnevpost.com/wp-content/uploads/2026/02/2026020110492194-768x432.jpg"/> </div> <div> BYD sells 210,051 NEVs in Jan, down 30.11% year-on-year BYD exported 100,482 NEVs in January, a 51.47% increase year-on-year, marking one of the few bright spots. </div> </div> </div>

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In January, China's domestic NEV sales fell 18.9% year-on-year to 643,000 units, while NEV exports doubled to a record 302,000 units. Total vehicle wholesale sales decreased by 3.2% year-on-year to 2.346 million units. The NEV penetration rate rose to 40.3%, up from 39.0% last year but down from 52.3% in December. The decline in domestic sales is attributed to seasonal patterns and new tax regulations. BYD sold 210,051 NEVs, down 30.11% year-on-year, but its exports increased by 51.47%.

- China's domestic NEV sales fell 18.9% year-on-year in January, totaling 643,000 units, while NEV exports reached a record 302,000 units, doubling from the previous year.  
- Total vehicle wholesale sales also decreased to 2.346 million units, down 3.2% year-on-year, attributed to a seasonal slowdown and changes in tax exemptions for buyers.  
- Despite the domestic decline, NEV penetration increased to 40.3%, higher than the previous year, indicating continuing growth in electric vehicle adoption.

China Jan NEV sales stay flat year-on-year as exports remain strong