CPCA: Estimated wholesale of new energy vehicles by passenger car manufacturers nationwide in September was 1.67 million units, up 12% year-on-year.

According to Zhitong Finance APP, on October 9, the China Passenger Car Association (CPCA) stated in a release that, based on a comprehensive review of preliminary monthly CPCA data, wholesale new energy vehicle (NEV) sales by passenger car manufacturers nationwide are estimated at 1.67 million units in September 2026, up 12% year-on-year and 11% month-on-month. In September, wholesale NEV sales by passenger car manufacturers nationwide are estimated to reach 1.67 million units, up 12% year-on-year and 11% month-on-month, achieving double-digit growth on both a yearly and monthly basis, marking the NEV sector's entry into a strongly bottoming recovery channel after undergoing an earlier period of adjustment. NEV growth was significantly higher than that of the overall auto market during the same period, with NEVs becoming the core engine for stabilizing the steady development of the passenger car market.