Zhi Tong Cai Jing·2025-08-11 09:00Core Insights - In July 2025, the domestic narrow passenger car market retail sales reached 1.837 million units, representing a year-on-year increase of 6.9% but a month-on-month decrease of 11.9% [1] - Cumulative sales from January to July 2025 totaled 12.74 million units, showing a year-on-year growth of 10.2% [1] - The retail penetration rate of new energy vehicles (NEVs) in July reached 53.7%, driven by policies such as tax exemptions and trade-in incentives [1] Sales Data Summary - July 2025 sales: 1.837 million units, YoY ↑ 6.9%, MoM ↓ 11.9% [2] - Cumulative sales (Jan-Jul 2025): 12.74 million units, YoY ↑ 10.2% [2] - NEV sales in July: 986,000 units, YoY ↑ 12.0%, MoM ↓ 11.3% [2] Manufacturer Performance - BYD Auto led July sales with 341,030 units, a decrease of 9.7% MoM but a slight increase of 0.1% YoY, holding a market share of 15.2% [4] - Geely Auto and Chery Auto followed with sales of 237,735 and 215,278 units respectively, with Geely showing a 0.7% increase MoM and Chery a 4.2% decrease [4] - Cumulative sales for BYD from January to July reached 2.454 million units, a 26.0% increase YoY, maintaining a market share of 15.8% [6] New Energy Vehicle Market - In July 2025, BYD's NEV sales were 341,030 units, with a market share of 28.7% [10] - Geely's NEV sales increased significantly by 120.4% YoY to 130,142 units [10] - Cumulative NEV sales for BYD from January to July were 2.454 million units, representing a 26.0% increase YoY [11]