Cui Dongshu: From January to March, China's market share in the global new energy passenger car market reached 61%.
Wisdom Finance APP learned that on May 3, Cui Dongshu, Secretary-General of the China Passenger Car Association, pointed out in a post that due to the significant increase in overseas sales of new energy vehicles in China, the domestic market is relatively weak. Therefore, by 2025, China's share of the global new energy passenger car market will be 68.3%; in the first three months of 2026, China's share will drop to 61%. China's share in the global pure electric vehicle market remains relatively stable, with a share of around 63% from 2023 to 2025; in 2026, China's share in the global pure electric vehicle market will be 56%, temporarily showing poorer performance due to factors at the beginning of the year. China's share in the global plug-in hybrid market is significantly ahead. By 2025, China's share in the global plug-in hybrid market will reach a very high level of 76.4%; in 2026, China's share will reach 73%, showing strong performance in the global plug-in hybrid market.
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