Wire · operational-macro
CPCA sees China's September NEV retail sales at 1.11 million, penetration hitting new high
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Fusion42 · 18 September 2026 · Fusion42 review
China's new energy vehicle (NEV) retail sales are expected to reach 1.11 million in September 2026, increasing 10.5% from August and raising the NEV penetration rate to 65.7% of total passenger car sales, despite an overall annual decline in the passenger car market.
This Wire brief sits within Fusion42's coverage of Micromobility.
◆ ◆ The Wire takeaway
China’s NEV sales dominance signals a shift in consumer choice that forces ICE vehicle makers to adapt quickly or lose market share. You need to pivot your product strategy to prioritise electric models and capture the growing NEV demand.
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1 source · 17 Sep 2026
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