Core Insights - Since 2025, the promotion and downgrade in the national passenger car industry have returned to rationality, leading to a significant improvement in market order [1] Summary by Category Price Adjustments - In January 2026, there were 17 models of new energy vehicles that experienced price reductions, an increase of 9 models compared to the same period last year [1] - Among these, 10 models of fuel vehicles saw a price reduction, an increase of 5 models year-on-year; 1 model of extended-range hybrid vehicles, an increase of 1 model; no reductions in conventional hybrid models; and 6 models of pure electric vehicles, an increase of 3 models [1] Average Price and Reduction Rates - The average price of new energy vehicles that were reduced in January 2026 was 253,000 yuan, with an average reduction of 38,000 yuan, representing a significant reduction rate of 14.8% [1] - The average price of conventional fuel vehicles that were reduced was 238,000 yuan, with an average reduction of 36,000 yuan, also reflecting a reduction rate of 15% [1] - Overall, the average price of new car models in the passenger car market that experienced price reductions was 248,000 yuan, with an average reduction of 37,000 yuan, resulting in a reduction rate of 14.9% [1]

Group 1 - The average price reduction for new energy vehicles from January to June 2025 reached 23,000 yuan, with a reduction rate of 12% [1] - In June 2025, the average price reduction for new energy vehicles was 15,000 yuan, with a lower reduction rate of 10.4% [1] - The average price reduction for conventional fuel vehicles from January to June 2025 was 17,000 yuan, with a reduction rate of 8.9% [1] Group 2 - In June 2025, the average price reduction for conventional fuel vehicles was 14,000 yuan, with a reduction rate of 8.6% [1] - The overall average price reduction for the passenger car market from January to June 2025 was 21,000 yuan, with a reduction rate of 11.4% [1] - In June 2025, the overall average price reduction for the passenger car market was 15,000 yuan, with a reduction rate of 9.9% [1]