车市2025｜再创新高，中国汽车产销突破3400万辆！

Core Insights - In 2025, China's automotive industry achieved production and sales exceeding 34 million units, maintaining its position as the world's largest market for 17 consecutive years [1][5] - The automotive sector's revenue surpassed 10 trillion yuan, with significant growth in electric vehicles and smart technologies [1] - The market is expected to remain stable in 2026, with total sales projected to reach 34.75 million units [2][22] Production and Sales Performance - In 2025, total automotive production reached 34.53 million units, while sales were 34.40 million units, marking year-on-year increases of 10.4% and 9.4% respectively [5] - Passenger vehicle sales surpassed 30 million units for the first time, reaching 30.27 million units, with a year-on-year growth of 10.2% [5] New Energy Vehicles (NEVs) - NEV production reached 1.66 million units in 2025, with sales of 1.649 million units, reflecting year-on-year growth of 29% and 28.2% respectively [11] - NEVs accounted for 47.9% of total new car sales, with domestic sales of NEVs reaching 54% [11] Export Growth - In 2025, China's automotive exports reached 7.098 million units, a year-on-year increase of 21.1% [17] - NEV exports doubled to 2.615 million units, showcasing the competitive edge of Chinese brands in international markets [18] Policy Impact - The "Two New" policies significantly boosted demand, with over 11.5 million vehicles replaced under the trade-in program, nearly 60% of which were NEVs [7] - Upcoming policy changes in 2026 include a reduction in the vehicle purchase tax and adjustments to subsidy structures, which are expected to support continued market growth [21] Market Outlook - The automotive market is projected to grow steadily, with 2026 sales expected to reach 34.75 million units, a 1% increase from 2025 [22] - The passenger vehicle market is anticipated to see a slight increase to 30.25 million units, while commercial vehicles are expected to grow by 4.7% to 4.5 million units [22] Industry Trends - The automotive industry is experiencing a shift towards AI integration and smart technologies, with a focus on creating "AI-driven intelligent vehicles" [22][23] - The competitive landscape is expected to consolidate, with a few leading suppliers dominating the market [22]