Hang Zhou Ri Bao·2026-02-21 10:20Core Insights - The report from LandRoads indicates that Xiaomi has risen to the second position in the domestic new energy passenger vehicle market as of January 2026 [1]. Market Overview - Total sales of new energy passenger vehicles in January 2026 reached 563,000 units, representing a year-on-year decline of 20% and a month-on-month decline of 58% [2]. - The penetration rate of new energy vehicles in the passenger car market was 36.3%, down from 57.4% the previous month and slightly lower than 38.5% in January 2025 [2]. Sales Breakdown by Vehicle Type - Pure electric vehicle sales totaled 344,000 units, down 11% year-on-year and 56% month-on-month [2]. - Plug-in hybrid vehicle sales were 152,000 units, down 35% year-on-year and 63% month-on-month [2]. - Range-extended vehicle sales reached 67,000 units, down 15% year-on-year and 52% month-on-month [2]. Top Selling Models - The top-selling new energy sedan in January was the Geely Galaxy Star Wish, with sales of 14,900 units [2]. - The best-selling new energy SUV was Xiaomi YU7, with sales of 37,900 units, making it the overall sales champion for the month [2][3]. Company Rankings - BYD maintained its leading position with sales of 77,200 units, while Xiaomi sold 39,100 units, surpassing Aion's 38,800 units [3]. - The sales rankings for new energy vehicle manufacturers in January were as follows: 1. BYD: 77,200 units 2. Xiaomi: 39,100 units 3. Aion: 38,800 units [4][3]. Detailed Sales Data - The detailed sales data for January 2026 shows that BYD's sales decreased by 59% year-on-year and 71% month-on-month [4]. - Xiaomi's sales increased by 70% year-on-year but decreased by 22% month-on-month [4]. - Other notable manufacturers included Geely with 35,600 units and Ideal with 27,500 units [4].