Passenger Cars

Sales of Chinese Electric Light-Duty Vehicles (including Exports) Expect to Reach 14-15 Million Units in 2025, Matching the total U.S. LDV Market. 

In the Chinese auto industry, “narrow-scope passenger cars” refer to a statistical category that excludes crossover-type vehicles (widely used for commercial purposes in China). It primarily includes sedans, SUVs (Sport Utility Vehicles), and MPVs (Multi-Purpose Vehicles). The following data pertains to narrow-scope passenger cars or light-duty vehicles (LDVs). 

NEVs within China’s LDVs have developed rapidly, making China one of the most dynamic markets in the world. NEVs in this segment are experiencing fast growth, with continuously increasing market penetration and ongoing technological innovation. However, intense market competition and price wars also present certain challenges. Looking ahead, with continued policy support and technological advancements, this market is expected to maintain its growth momentum. 

From January to October 2025, the total NEV passenger car sales (including domestic and exports) reached 12.2 million in China. Out of the total NEV passenger car sales, 10.3 million vehicles were sold domestically, while 1.9 million NEV passenger cars were exported.