连续17年全球第一！中国汽车2025年产销突破3400万辆，新能源占比近50％

Core Insights - In 2025, China's automotive industry achieved record production and sales, reaching 34.53 million and 34.40 million units respectively, marking the 17th consecutive year of being the world's largest market [2] - The structural changes within the market are significant, with nearly 50% of sales coming from new energy vehicles (NEVs), domestic brands capturing close to 70% of the passenger car market, and exports exceeding 7 million units for the first time [2][5] - The automotive sector is transitioning from scale expansion to quality enhancement, supported by the collaborative growth of passenger vehicles, commercial vehicles, and NEVs [2][4] Passenger Vehicles - Passenger vehicle production and sales surpassed 30 million units for the first time, reaching 30.27 million and 30.10 million units respectively, driven by the rise of domestic brands [3] - Domestic brand passenger vehicle sales reached 20.94 million units, a year-on-year increase of 16.5%, solidifying a market share of 69.5% [3][6] - The dominance of domestic brands indicates a historic shift in competitive power within the world's largest single market [3] Commercial Vehicles - The commercial vehicle market rebounded significantly in 2025, with production and sales returning to 4.296 million units, reflecting a growth of over 10% [4] - The recovery of commercial vehicles is closely linked to macroeconomic factors, infrastructure investment, and logistics activity, signaling a resurgence in the real economy [4] - The integration of new energy and intelligent technology into commercial vehicles is creating new growth momentum, enhancing interaction with the passenger vehicle market [4] New Energy Vehicles - NEVs reached a historic turning point in 2025, with production and sales exceeding 16 million units, capturing a market share of 47.9% [5] - In December, NEV sales surpassed 50% for the first time, indicating a structural shift in market dynamics [5] - The rapid adoption of NEVs is driving innovation across the entire supply chain, positioning China as a leader in the global automotive industry transformation [5][7] Industry Transformation - The automotive industry's growth is now driven by technological advancements rather than just market expansion, with NEVs replacing traditional fuel vehicles [7] - The market's competitive landscape has fundamentally changed, with domestic brands achieving nearly 70% market share and NEVs leading globally for 11 consecutive years [7] - China's automotive sector is transitioning from a phase of "exchanging market for technology" to becoming a significant source of global innovation [7] Export Performance - Exports reached 7.098 million units, a year-on-year increase of 21.1%, showcasing the resilience of China's automotive industry [8] - The export of 2.615 million NEVs highlights China's competitive advantage in the new energy sector on the global stage [8] - The dual circulation development model is being established, with exports becoming a core component of companies' global strategies [8] Future Outlook - For 2026, the automotive market is expected to maintain steady growth, with total sales projected to reach 34.75 million units, a year-on-year increase of approximately 1% [9] - Passenger vehicle sales are anticipated to be 30.25 million units, with a slight increase of 0.5%, while commercial vehicles are expected to grow by 4.7% [9] - NEVs are projected to achieve sales of 19 million units, reinforcing their dominant market position [9]