<ul>
<li>与 2025 年 12 月相比，预计下降 42.42%。</li>
<li>消费者需求在 12 月提前释放，导致 1 月需求减少。</li>
</ul>
<p>中国乘用车新能源车批发销量 -- CPCA</p>
<p>2024  2025  2026</p>
<p>*2026 年 1 月数据为 CPCA 估计</p>
<p>来源：CPCA© CnEVPost</p>
<p>中国乘用车新能源车（NEV）上个月的批发销量预计实现了微幅的同比增长，但环比大幅下降。</p>
<p>根据中国乘用车协会（CPCA）今天发布的报告，1 月中国乘用车新能源车批发销量预计为 90 万辆，同比增长 1%。</p>
<p>与 12 月的 1,563,000 辆相比，这一估计代表了 42.42% 的下降，根据 CnEVPost 的计算。</p>
<p>加入我们在 Telegram 或 Google News</p>
<p>CPCA 表示，中国新能源车购置税免税政策在 12 月到期后撤回，导致消费者需求提前释放，消耗了 1 月的需求。</p>
<p>12 月批发销量超过 10,000 辆的新能源车制造商贡献了当月新能源车批发销量的 93%。</p>
<p>这些制造商预计 1 月销量总计为 83 万辆。根据上个月的销量结构，中国 1 月乘用车新能源车批发销量预计将达到 90 万辆，CPCA 表示。</p>
<p>在中国，新能源车包括电池电动汽车（BEV）、插电式混合动力电动车（PHEV）和燃料电池汽车。具体数据预计将在本月晚些时候发布。</p>
<p>在主要汽车制造商的新能源车批发销量中，比亚迪（HKG: 1211, OTCMKTS: BYDDY）记录了 205,518 辆，而吉利汽车（HKG: 0175, OTCMKTS: GELYF）达到了 124,525 辆。</p>
<p>特斯拉（NASDAQ: TSLA）在 1 月的批发销量为 69,129 辆，而奇瑞的新能源车批发销量总计为 47,895 辆，赛力斯的新能源车销量为 40,012 辆。</p>
<p>进入 2026 年，中国消费者面临额外 5% 的购置税负担，而中国的车辆置换补贴仍处于过渡阶段，影响了需求。</p>
<p>中国乘用车新能源车批发销量（2026 年 1 月）</p>
<table>
<thead>
<tr>
<th>汽车制造商</th>
<th>新能源车批发销量</th>
</tr>
</thead>
<tbody>
<tr>
<td>比亚迪</td>
<td>205,518</td>
</tr>
<tr>
<td>吉利</td>
<td>124,252</td>
</tr>
<tr>
<td>特斯拉中国</td>
<td>69,129</td>
</tr>
<tr>
<td>奇瑞</td>
<td>47,895</td>
</tr>
<tr>
<td>赛力斯</td>
<td>40,012</td>
</tr>
<tr>
<td>小米电动车</td>
<td>39,000</td>
</tr>
<tr>
<td>零跑汽车</td>
<td>32,059</td>
</tr>
<tr>
<td>东风</td>
<td>29,975</td>
</tr>
<tr>
<td>长安</td>
<td>29,868</td>
</tr>
<tr>
<td>上汽通用五菱</td>
<td>28,661</td>
</tr>
<tr>
<td>上汽乘用车</td>
<td>28,179</td>
</tr>
<tr>
<td>理想汽车</td>
<td>27,668</td>
</tr>
<tr>
<td>蔚来汽车</td>
<td>27,182</td>
</tr>
<tr>
<td>广汽埃安</td>
<td>21,635</td>
</tr>
<tr>
<td>小鹏汽车</td>
<td>20,011</td>
</tr>
<tr>
<td>长城汽车</td>
<td>18,019</td>
</tr>
<tr>
<td>一汽红旗</td>
<td>8,265</td>
</tr>
<tr>
<td>Spotlight</td>
<td>6,202</td>
</tr>
<tr>
<td>上汽通用</td>
<td>5,983</td>
</tr>
<tr>
<td>Arcfox</td>
<td>5,077</td>
</tr>
<tr>
<td>一汽奔腾</td>
<td>5,025</td>
</tr>
<tr>
<td>智己汽车</td>
<td>4,647</td>
</tr>
<tr>
<td>东风日产</td>
<td>4,211</td>
</tr>
<tr>
<td>长安马自达</td>
<td>3,781</td>
</tr>
<tr>
<td>Smart</td>
<td>3,768</td>
</tr>
<tr>
<td>江淮</td>
<td>3,151</td>
</tr>
<tr>
<td>赛力斯湖北</td>
<td>3,022</td>
</tr>
<tr>
<td>宝马华晨</td>
<td>2,777</td>
</tr>
<tr>
<td>北京汽车</td>
<td>2,490</td>
</tr>
<tr>
<td>广汽传祺</td>
<td>2,426</td>
</tr>
<tr>
<td>北京汽车制造厂</td>
<td>2,315</td>
</tr>
<tr>
<td>广汽丰田</td>
<td>2,236</td>
</tr>
<tr>
<td>广汽本田</td>
<td>1,482</td>
</tr>
<tr>
<td>一汽丰田</td>
<td>1,217</td>
</tr>
<tr>
<td>JMEV</td>
<td>1,001</td>
</tr>
<tr>
<td>上汽大通</td>
<td>592</td>
</tr>
<tr>
<td>其他</td>
<td>41,269</td>
</tr>
</tbody>
</table>
<p>中国乘用车新能源车批发销量（2026 年 1 月）</p>
<p><img src="https://imageproxy.pbkrs.com/https://cdn.cnevpost.com/wp-content/uploads/2026/02/2026020408391932-768x434.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cdn.cnevpost.com/wp-content/uploads/2026/02/2026020408391932-768x434.jpg"/></p>
<p>特斯拉中国 1 月批发销量同比增长 9.32%，达到 69,129 辆</p>
<p>特斯拉中国 1 月的批发销量同比增长 9.32%，但环比下降 28.86%。</p>

特斯拉

华宝智能电动汽车ETF

2 倍做多特斯拉 ETF - Direxion

比亚迪

比亚迪(ADR)

比亚迪股份

华夏中证新能源汽车ETF

<p>2026 年 1 月，中国乘用新能汽车（NEV）批发销量预计为 90 万辆，同比增长 1%，但较 2025 年 12 月大幅下降 42.42%。这一下降归因于由于新能汽车购置税免税政策到期而导致的提前消费需求。销量的主要贡献者包括比亚迪，销量为 205,518 辆，特斯拉为 69,129 辆。新的 5% 购置税和过渡性车辆置换补贴预计将进一步影响需求</p>

<blockquote>
<ul>
<li>Compared with December 2025, the estimate represents a 42.42% decline.</li>
<li>Consumer demand was pulled forward in December, resulting in a drawdown of January demand.</li>
</ul>
</blockquote>
<div class="lb-trans"><ul>
<li>与 2025 年 12 月相比，预计下降 42.42%。</li>
<li>消费者需求在 12 月提前释放，导致 1 月需求减少。</li>
</ul>
</div><p>China passenger NEV wholesale sales -- CPCA</p>
<div class="lb-trans"><p>中国乘用车新能源车批发销量 -- CPCA</p>
</div><p>2024  2025  2026</p>
<div class="lb-trans"><p>2024  2025  2026</p>
</div><p>*Jan 2026 figure is CPCA estimate</p>
<div class="lb-trans"><p>*2026 年 1 月数据为 CPCA 估计</p>
</div><p>Source: CPCA© CnEVPost</p>
<div class="lb-trans"><p>来源：CPCA© CnEVPost</p>
</div><p>China's passenger new energy vehicle (NEV) wholesale sales last month are projected to have achieved a marginal year-on-year increase, but a significant month-on-month decline.</p>
<div class="lb-trans"><p>中国乘用车新能源车（NEV）上个月的批发销量预计实现了微幅的同比增长，但环比大幅下降。</p>
</div><p>In January, China's passenger NEV wholesale sales are estimated at 900,000 units, a 1% year-on-year increase, the China Passenger Car Association (CPCA) said in a report today.</p>
<div class="lb-trans"><p>根据中国乘用车协会（CPCA）今天发布的报告，1 月中国乘用车新能源车批发销量预计为 90 万辆，同比增长 1%。</p>
</div><p>Compared to December's 1,563,000 units, this estimate represents a 42.42% decline, according to CnEVPost calculations.</p>
<div class="lb-trans"><p>与 12 月的 1,563,000 辆相比，这一估计代表了 42.42% 的下降，根据 CnEVPost 的计算。</p>
</div><p>Join us on  Telegram  or  Google News</p>
<div class="lb-trans"><p>加入我们在 Telegram 或 Google News</p>
</div><p>The withdrawal of China's NEV purchase tax exemption policy after its December expiration led to front-loaded consumer demand, depleting January's demand, CPCA said.</p>
<div class="lb-trans"><p>CPCA 表示，中国新能源车购置税免税政策在 12 月到期后撤回，导致消费者需求提前释放，消耗了 1 月的需求。</p>
</div><p>Manufacturers with passenger NEV wholesale sales exceeding 10,000 units in December contributed 93% of the month's total NEV wholesale sales.</p>
<div class="lb-trans"><p>12 月批发销量超过 10,000 辆的新能源车制造商贡献了当月新能源车批发销量的 93%。</p>
</div><p>These manufacturers' projected January sales total 830,000 units. Based on last month's sales structure, China's January passenger NEV wholesale sales are expected to reach 900,000 units, CPCA said.</p>
<div class="lb-trans"><p>这些制造商预计 1 月销量总计为 83 万辆。根据上个月的销量结构，中国 1 月乘用车新能源车批发销量预计将达到 90 万辆，CPCA 表示。</p>
</div><p>In China, NEVs include battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel cell vehicles. Their specific figures are expected to be released later this month.</p>
<div class="lb-trans"><p>在中国，新能源车包括电池电动汽车（BEV）、插电式混合动力电动车（PHEV）和燃料电池汽车。具体数据预计将在本月晚些时候发布。</p>
</div><p>Among major automakers' NEV wholesale sales, BYD (HKG: 1211, OTCMKTS: BYDDY) recorded 205,518 units, while Geely Auto (HKG: 0175, OTCMKTS: GELYF) reached 124,525 units.</p>
<div class="lb-trans"><p>在主要汽车制造商的新能源车批发销量中，比亚迪（HKG: 1211, OTCMKTS: BYDDY）记录了 205,518 辆，而吉利汽车（HKG: 0175, OTCMKTS: GELYF）达到了 124,525 辆。</p>
</div><p>Tesla (NASDAQ: TSLA) recorded wholesale sales of 69,129 units in January, while Chery's NEV wholesale sales totaled 47,895 units and Seres' NEV sales totaled 40,012 units.</p>
<div class="lb-trans"><p>特斯拉（NASDAQ: TSLA）在 1 月的批发销量为 69,129 辆，而奇瑞的新能源车批发销量总计为 47,895 辆，赛力斯的新能源车销量为 40,012 辆。</p>
</div><p>Entering 2026, Chinese consumers face an additional 5% purchase tax burden, and China's vehicle trade-in subsidies remain in a transitional phase, impacting demand.</p>
<div class="lb-trans"><p>进入 2026 年，中国消费者面临额外 5% 的购置税负担，而中国的车辆置换补贴仍处于过渡阶段，影响了需求。</p>
</div><p>China passenger NEV wholesale sales (Jan 2026)</p>
<div class="lb-trans"><p>中国乘用车新能源车批发销量（2026 年 1 月）</p>
</div><table>
<thead>
<tr>
<th>Automaker</th>
<th>NEV Wholesale Sales</th>
</tr>
</thead>
<tbody>
<tr>
<td>BYD</td>
<td>205,518</td>
</tr>
<tr>
<td>Geely</td>
<td>124,252</td>
</tr>
<tr>
<td>Tesla China</td>
<td>69,129</td>
</tr>
<tr>
<td>Chery</td>
<td>47,895</td>
</tr>
<tr>
<td>Seres</td>
<td>40,012</td>
</tr>
<tr>
<td>Xiaomi EV</td>
<td>39,000</td>
</tr>
<tr>
<td>Leapmotor</td>
<td>32,059</td>
</tr>
<tr>
<td>Dongfeng</td>
<td>29,975</td>
</tr>
<tr>
<td>Changan</td>
<td>29,868</td>
</tr>
<tr>
<td>SAIC-GM-Wuling</td>
<td>28,661</td>
</tr>
<tr>
<td>SAIC Passenger Vehicle</td>
<td>28,179</td>
</tr>
<tr>
<td>Li Auto</td>
<td>27,668</td>
</tr>
<tr>
<td>Nio</td>
<td>27,182</td>
</tr>
<tr>
<td>GAC Aion</td>
<td>21,635</td>
</tr>
<tr>
<td>Xpeng</td>
<td>20,011</td>
</tr>
<tr>
<td>Great Wall Motor</td>
<td>18,019</td>
</tr>
<tr>
<td>FAW Hongqi</td>
<td>8,265</td>
</tr>
<tr>
<td>Spotlight</td>
<td>6,202</td>
</tr>
<tr>
<td>SAIC-GM</td>
<td>5,983</td>
</tr>
<tr>
<td>Arcfox</td>
<td>5,077</td>
</tr>
<tr>
<td>FAW Bestune</td>
<td>5,025</td>
</tr>
<tr>
<td>IM Motors</td>
<td>4,647</td>
</tr>
<tr>
<td>Dongfeng Nissan</td>
<td>4,211</td>
</tr>
<tr>
<td>Changan Mazda</td>
<td>3,781</td>
</tr>
<tr>
<td>Smart</td>
<td>3,768</td>
</tr>
<tr>
<td>JAC</td>
<td>3,151</td>
</tr>
<tr>
<td>Seres Hubei</td>
<td>3,022</td>
</tr>
<tr>
<td>BMW Brilliance</td>
<td>2,777</td>
</tr>
<tr>
<td>BAIC</td>
<td>2,490</td>
</tr>
<tr>
<td>GAC Trumpchi</td>
<td>2,426</td>
</tr>
<tr>
<td>Beijing Automobile Works</td>
<td>2,315</td>
</tr>
<tr>
<td>GAC Toyota</td>
<td>2,236</td>
</tr>
<tr>
<td>GAC Honda</td>
<td>1,482</td>
</tr>
<tr>
<td>FAW Toyota</td>
<td>1,217</td>
</tr>
<tr>
<td>JMEV</td>
<td>1,001</td>
</tr>
<tr>
<td>SAIC Maxus</td>
<td>592</td>
</tr>
<tr>
<td>Others</td>
<td>41,269</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th>汽车制造商</th>
<th>新能源车批发销量</th>
</tr>
</thead>
<tbody>
<tr>
<td>比亚迪</td>
<td>205,518</td>
</tr>
<tr>
<td>吉利</td>
<td>124,252</td>
</tr>
<tr>
<td>特斯拉中国</td>
<td>69,129</td>
</tr>
<tr>
<td>奇瑞</td>
<td>47,895</td>
</tr>
<tr>
<td>赛力斯</td>
<td>40,012</td>
</tr>
<tr>
<td>小米电动车</td>
<td>39,000</td>
</tr>
<tr>
<td>零跑汽车</td>
<td>32,059</td>
</tr>
<tr>
<td>东风</td>
<td>29,975</td>
</tr>
<tr>
<td>长安</td>
<td>29,868</td>
</tr>
<tr>
<td>上汽通用五菱</td>
<td>28,661</td>
</tr>
<tr>
<td>上汽乘用车</td>
<td>28,179</td>
</tr>
<tr>
<td>理想汽车</td>
<td>27,668</td>
</tr>
<tr>
<td>蔚来汽车</td>
<td>27,182</td>
</tr>
<tr>
<td>广汽埃安</td>
<td>21,635</td>
</tr>
<tr>
<td>小鹏汽车</td>
<td>20,011</td>
</tr>
<tr>
<td>长城汽车</td>
<td>18,019</td>
</tr>
<tr>
<td>一汽红旗</td>
<td>8,265</td>
</tr>
<tr>
<td>Spotlight</td>
<td>6,202</td>
</tr>
<tr>
<td>上汽通用</td>
<td>5,983</td>
</tr>
<tr>
<td>Arcfox</td>
<td>5,077</td>
</tr>
<tr>
<td>一汽奔腾</td>
<td>5,025</td>
</tr>
<tr>
<td>智己汽车</td>
<td>4,647</td>
</tr>
<tr>
<td>东风日产</td>
<td>4,211</td>
</tr>
<tr>
<td>长安马自达</td>
<td>3,781</td>
</tr>
<tr>
<td>Smart</td>
<td>3,768</td>
</tr>
<tr>
<td>江淮</td>
<td>3,151</td>
</tr>
<tr>
<td>赛力斯湖北</td>
<td>3,022</td>
</tr>
<tr>
<td>宝马华晨</td>
<td>2,777</td>
</tr>
<tr>
<td>北京汽车</td>
<td>2,490</td>
</tr>
<tr>
<td>广汽传祺</td>
<td>2,426</td>
</tr>
<tr>
<td>北京汽车制造厂</td>
<td>2,315</td>
</tr>
<tr>
<td>广汽丰田</td>
<td>2,236</td>
</tr>
<tr>
<td>广汽本田</td>
<td>1,482</td>
</tr>
<tr>
<td>一汽丰田</td>
<td>1,217</td>
</tr>
<tr>
<td>JMEV</td>
<td>1,001</td>
</tr>
<tr>
<td>上汽大通</td>
<td>592</td>
</tr>
<tr>
<td>其他</td>
<td>41,269</td>
</tr>
</tbody>
</table>
</div><p>China passenger NEV wholesale sales (Jan 2026)</p>
<div class="lb-trans"><p>中国乘用车新能源车批发销量（2026 年 1 月）</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://cdn.cnevpost.com/wp-content/uploads/2026/02/2026020408391932-768x434.jpg" alt="" original-src="https://cdn.cnevpost.com/wp-content/uploads/2026/02/2026020408391932-768x434.jpg"/></p>
<p>Tesla China Jan wholesale sales rise 9.32% year-on-year to 69,129 units</p>
<div class="lb-trans"><p>特斯拉中国 1 月批发销量同比增长 9.32%，达到 69,129 辆</p>
</div><p>Tesla China's January wholesale sales increased 9.32% year-on-year but fell 28.86% month-on-month.</p>
<div class="lb-trans"><p>特斯拉中国 1 月的批发销量同比增长 9.32%，但环比下降 28.86%。</p>
</div>

China Jan NEV wholesale sales edge up 1% to 900,000 units, CPCA estimates show

- 2026 年 1 月中国乘用新能源车批发销量估计为 90 万辆，同比增 1%。  
- 与 2025 年 12 月的 156.3 万辆相比，降幅达 42.42%。  
- 新车购置税优惠政策取消导致消费需求提前释放。

乘联会估计显示，中国 1 月新能源汽车批发销量微增 1% 至 90 万辆