Zhong Guo Zhi Liang Xin Wen Wang·2025-08-12 06:21Core Insights - The overall automotive production and sales in China have shown significant growth, with total production reaching 18.235 million units and sales at 18.269 million units, marking a year-on-year increase of 12.7% and 12% respectively [1] - In July, the production of passenger vehicles was 2.293 million units, with sales at 2.287 million units, reflecting a year-on-year growth of 13% and 14.7% [3] - The market share of Chinese brand passenger vehicles has increased, with sales reaching 1.604 million units in July, a year-on-year growth of 21.3%, accounting for 70.1% of total passenger vehicle sales [5] Production and Sales Data - As of July 31, the cumulative production and sales of passenger vehicles from January to July were 15.838 million and 15.841 million units, respectively, showing year-on-year growth of 13.8% and 13.4% [3] - In July, the total automotive production was 2.591 million units, while sales were 2.593 million units, with month-on-month declines of 7.3% and 10.7% [1] New Energy Vehicles (NEVs) - NEVs have continued to grow rapidly, with July production at 1.243 million units and sales at 1.262 million units, representing year-on-year increases of 26.3% and 27.4% [6] - NEVs accounted for 51.4% of new car sales in July, marking the first time since December last year that the share has exceeded 50% [6] - From January to July, NEV production and sales reached 8.232 million and 8.22 million units, respectively, with year-on-year growth of 39.2% and 38.5% [6] Export Performance - In the first seven months, China's automotive exports totaled 3.68 million units, reflecting a year-on-year increase of 12.8% [10] - Traditional fuel vehicle exports were 2.373 million units, showing a decline of 7%, while NEV exports surged to 1.308 million units, a remarkable year-on-year growth of 84.6% [10] - Chery led the export volume among the top ten companies with 667,000 units, while BYD showed the most significant growth, exporting 553,000 units, a 130% increase year-on-year [10] Market Share of Chinese Brands - From January to July, the sales of Chinese brand passenger vehicles reached 10.873 million units, with a year-on-year growth of 24.4%, resulting in a market share of 68.6%, an increase of 6.1 percentage points compared to the previous year [9]