万马奔腾齐奋进 跃马扬鞭启新程 马不停蹄创新高 来源：中国汽车工业协会 中国汽车工业协会祝业界同仁 p 5 4 精神 Exp all Po IFF ...

Core Viewpoint - The new energy vehicle market in China is experiencing stable operations, with domestic sales declining while exports are growing rapidly [1]. Group 1: Production and Sales Data - In January 2026, the production and sales of new energy vehicles reached 1.041 million and 945,000 units respectively, representing year-on-year growth of 2.5% and 0.1% [2]. - The domestic sales of new energy vehicles in January 2026 were 643,000 units, showing a year-on-year decline of 18.9% and a month-on-month decline of 54.4% [3]. Group 2: Export Performance - In January 2026, new energy vehicle exports totaled 302,000 units, marking a year-on-year increase of 100% and a month-on-month increase of 0.5% [6].

Core Insights - The automotive export market in China continues to grow, with significant increases in both passenger and commercial vehicle exports, as well as a notable rise in new energy vehicle exports [1]. Group 1: Overall Export Performance - In January 2026, total automotive exports reached 681,000 units, representing a year-on-year increase of 44.9% but a month-on-month decrease of 9.5% [4]. - Passenger car exports amounted to 589,000 units, showing a year-on-year growth of 48.9% and a month-on-month decline of 8.2% [3]. - Commercial vehicle exports totaled 93,000 units, with a year-on-year increase of 23.6% and a month-on-month drop of 17.1% [6]. Group 2: Traditional vs. New Energy Vehicles - Traditional fuel vehicle exports were recorded at 380,000 units, reflecting a year-on-year growth of 18.8% but a month-on-month decrease of 16.1% [5]. - New energy vehicle exports reached 302,000 units, marking a year-on-year increase of 100% and a slight month-on-month growth of 0.5% [9].

Group 1 - The core viewpoint of the article highlights a short-term market adjustment in passenger car sales due to policy changes and other factors, with both month-on-month and year-on-year declines observed in January 2026 [1] Group 2 - In January 2026, the production and sales of passenger cars reached 2.062 million and 1.988 million units, respectively, representing a year-on-year decline of 4.1% and 6.8%, and a month-on-month decline of 28.4% and 30.2% [3] - Domestic sales of passenger cars in January 2026 totaled 1.399 million units, showing a year-on-year decrease of 19.5% and a month-on-month decrease of 36.6% [6] Group 3 - Among the main types of passenger cars, the production of crossover vehicles saw double-digit growth, while sales slightly declined; other categories experienced significant declines in both production and sales [2] - The export of passenger cars in January 2026 was 589,000 units, marking a year-on-year increase of 48.9% but a month-on-month decrease of 8.2% [5]

Core Viewpoint - In January 2026, the commercial vehicle market experienced a mixed performance with significant year-on-year growth in truck sales, while bus production and sales showed a decline compared to the previous month. Group 1: Overall Commercial Vehicle Performance - In January 2026, commercial vehicle production and sales reached 388,000 units and 359,000 units, representing year-on-year increases of 29.9% and 23.5%, respectively, but month-on-month declines of 6.8% and 15.6% [3]. Group 2: Bus Market Analysis - Bus production and sales totaled 38,000 units and 35,000 units in January 2026, with production increasing by 2.7% year-on-year, while sales decreased by 6.3%. Month-on-month, production and sales fell by 36.7% and 44.9%, respectively [4]. - Within the bus segment, all three major categories saw significant month-on-month declines, while medium-sized buses experienced rapid year-on-year growth, large buses had double-digit production growth but slight sales decline, and light buses showed varying degrees of decline [4]. Group 3: Truck Market Analysis - Truck production and sales reached 350,000 units and 323,000 units in January 2026, with year-on-year growth of 33.7% and 27.9%, respectively, but month-on-month declines of 1.8% and 10.4% [7]. - In the truck segment, heavy and medium trucks saw varying degrees of production decline and slight sales growth, while light trucks experienced different levels of decline. Micro trucks had rapid production growth but slight sales decline. All four major truck categories showed varying degrees of year-on-year growth [7].

Core Viewpoint - The report highlights the commitment of 17 major automotive companies in China to adhere to a payment term of no more than 60 days for suppliers, with an average payment term currently at approximately 54 days, a reduction of about 10 days compared to the previous year [2][3]. Group 1: Payment Term Commitment - Most key automotive companies have successfully reduced their payment terms to within 60 days, with 4 companies having an average payment term of less than 50 days [2]. - All surveyed companies utilize cash or bank acceptance bills for payments, with 15 companies adopting these methods exclusively, while a few use commercial acceptance bills [2][3]. - 14 out of the 17 companies have implemented additional favorable policies for small and medium-sized enterprises (SMEs), including allowing early payment requests for cash-strapped SMEs [2][3]. Group 2: Implementation and Process Optimization - Companies have established special task forces and institutional documents to ensure the effective implementation of payment term commitments, including adjustments to existing contracts [3]. - Some companies have optimized financial processes and improved information systems to facilitate automatic payments, thereby reducing delays caused by manual operations [3]. - The starting point for payment terms has been adjusted from the date of account entry to the date of delivery acceptance, and settlement frequency has been increased from monthly to bi-weekly to enhance efficiency [3]. Group 3: Ongoing Issues and Monitoring - There are still issues regarding the starting point for payment terms, which can vary based on delivery acceptance, centralized reconciliation, invoice receipt, and loading verification, leading to discrepancies in actual payment timelines [4]. - Some companies have reportedly pressured suppliers to lower product prices or accept unreasonable terms under the guise of shortening payment periods [4]. - The industry association will continue to monitor the progress of payment term commitments and encourage companies to adhere strictly to these commitments to maintain a fair and trustworthy market environment [4][5].

Core Viewpoint - The automotive industry in January 2026 is experiencing a stable overall operation, with a decline in the passenger car market, a positive trend in the commercial vehicle market, stable performance in the new energy vehicle market, and continued growth in automotive exports. The decline in the market is attributed to changes in new energy vehicle purchase tax policies, the annual transition of local car purchase subsidy policies, and some consumer demand being released in advance in 2025 [1]. Group 1: Passenger Vehicle Market - In January 2026, passenger car production and sales reached 2.062 million and 1.988 million units, representing a year-on-year decline of 4.1% and 6.8%, and a month-on-month decline of 28.4% and 30.2% [3]. - Domestic sales of passenger vehicles in January 2026 totaled 1.665 million units, showing a year-on-year decline of 14.8% and a month-on-month decline of 33.9% [10]. Group 2: Overall Automotive Production and Sales - In January 2026, total automotive production and sales were 2.45 million and 2.346 million units, with production increasing by 0.01% year-on-year, while sales decreased by 3.2% year-on-year. Month-on-month, production and sales fell by 25.7% and 28.3% respectively [4]. Group 3: Commercial Vehicle Market - In January 2026, commercial vehicle production and sales reached 388,000 and 359,000 units, marking a year-on-year increase of 29.9% and 23.5%, with month-on-month declines of 6.8% and 15.6% [5]. Group 4: New Energy Vehicle Market - In January 2026, new energy vehicle production and sales were 1.041 million and 945,000 units, reflecting a year-on-year growth of 2.5% and 0.1% [6]. Group 5: Automotive Exports - In January 2026, automotive exports totaled 681,000 units, showing a year-on-year increase of 44.9%, although there was a month-on-month decline of 9.5% [7].

Core Viewpoint - The automotive industry in China is experiencing a stable overall operation in January 2026, with a decline in the passenger vehicle market, a positive trend in the commercial vehicle market, and steady performance in the new energy vehicle market. The export of automobiles continues to grow [3]. Group 1: Market Performance - In January 2026, the passenger vehicle market saw a decline, while the commercial vehicle market continued to show positive trends [3]. - The new energy vehicle market maintained stable operations, and automobile exports continued to grow [3]. Group 2: Factors Influencing Market Changes - The decline in the market is attributed to several factors: the adjustment of the new energy vehicle purchase tax policy, the transition of local vehicle purchase subsidy policies, and the early release of some consumer demand in 2025 [3]. Group 3: Government Policies and Industry Outlook - In January 2026, the government launched a series of policies aimed at benefiting the public and enterprises, which are expected to stimulate market demand and support stable industry operations [3]. - The "14th Five-Year Plan" period is identified as a critical window for the automotive industry in China to transition towards high-quality development, emphasizing the need for the industry to maintain stable operations while focusing on quality improvement and efficiency [3].

Core Viewpoint - The automotive industry in China is experiencing a mixed performance in January, with a decline in passenger vehicle sales, a positive trend in commercial vehicles, stable operations in the new energy vehicle (NEV) market, and continued growth in exports [1][6][11]. Group 1: Overall Automotive Production and Sales - In January, total automotive production and sales reached 2.45 million and 2.346 million units, respectively, with production increasing by 0.01% year-on-year and sales decreasing by 3.2% year-on-year [6][8]. - The domestic sales of automobiles amounted to 1.665 million units, reflecting a year-on-year decline of 14.8% and a month-on-month decline of 33.9% [8][28]. Group 2: Passenger Vehicle Market - Passenger vehicle production and sales in January were 2.062 million and 1.988 million units, showing year-on-year declines of 4.1% and 6.8%, respectively [16]. - The market share of Chinese brand passenger vehicles was 66.9%, a decrease of 1.5 percentage points compared to the same period last year [21]. - The sales of traditional fuel passenger vehicles reached 1.022 million units, with a year-on-year decline of 11.9% [8][28]. Group 3: Commercial Vehicle Market - Commercial vehicle production and sales in January were 388,000 and 359,000 units, respectively, with year-on-year increases of 29.9% and 23.5% [37]. - The sales of heavy-duty trucks reached 105,000 units, marking a year-on-year growth of 46% [38]. Group 4: New Energy Vehicle Market - NEV production and sales in January were 1.041 million and 1.286 million units, respectively, with year-on-year growth of 2.5% and 0.1% [50]. - NEV domestic sales accounted for 38.6% of total domestic sales, with NEV passenger vehicles making up 41.7% of passenger vehicle sales [57]. - NEV exports reached 302,000 units, doubling year-on-year, with passenger vehicle exports at 295,000 units, also showing significant growth [59][63]. Group 5: Export Performance - Total automotive exports in January were 681,000 units, reflecting a year-on-year increase of 44.9% [11][45]. - The top ten automotive exporters saw positive growth, with Chery exporting 119,000 units, a year-on-year increase of 47.2% [73].

Group 1 - The 2026 China Commercial Vehicle Forum will be held from March 25 to 27, 2026, at the Century Top 100 Hotel in Shiyan, focusing on the themes of "New Energy Transition and Intelligent Empowerment" [2][10] - The forum aims to gather industry consensus, address transformation challenges, and outline development blueprints, featuring a "1+1+6+N" format that includes a closed-door summit, an opening ceremony, and six thematic sub-forums [10] - The event will attract leaders from government departments, logistics, and the automotive industry, as well as experts from research institutions [10] Group 2 - Indoor and outdoor exhibition spaces are available, with standard booths provided by the organizers, including display screens and furniture [3][6][8] - Exhibitors are required to prepare their own video materials in mp4 format for display at their booths [3] - The forum is organized by the China Association of Automobile Manufacturers, emphasizing the importance of the commercial vehicle sector in the context of new energy and digital transformation [10][11]