Overall Situation - In February 2026, China's passenger car terminal sales reached 1.123 million units, a month-on-month decrease of 35.3% [2] - Total sales of new energy passenger vehicles were 431,000 units, down 31.3% month-on-month [2] - Breakdown of new energy vehicle sales: pure electric vehicles (EVs) sold 262,000 units (down 32.1%), plug-in hybrid vehicles (PHEVs) sold 112,100 units (down 25.6%), and range-extended vehicles sold 47,300 units (down 43.6%) [2] - The penetration rate of new energy vehicles in the passenger car market was 38.4%, slightly up from 36.3% the previous month [2] Market Overview - The passenger car market showed differentiated growth due to the impact of the Spring Festival, with overall performance of new energy vehicles being average [4] - Factors such as the reduction of purchase tax incentives and the phasing out of trade-in policies have led to lower consumer purchasing intentions [4] - The high-end new energy vehicle segment saw an increase, with C-class passenger vehicles accounting for 59% of the market, indicating a trend towards higher quality development in the car market [4] - Predictions for March 2026 suggest a recovery in market demand, driven by new vehicle launches from companies like Xiaomi and Li Auto, alongside the upcoming Beijing Auto Show [4] Brand Rankings - The top-selling pure electric models in February 2026 included Xiaomi YU7 (20,000 units), Tesla Model Y (18,000 units), and Li Auto i6 (16,000 units) [8] - The leading plug-in hybrid models were the Ti7 (111,000 units), BYD Song Pro (93,000 units), and BYD Zhao PLUS (53,000 units) [9]
2月终端销量榜 | 新能源汽车高端化趋势明显