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UBS Forecasts Negative Growth for China's Passenger Vehicle Market by 2026
2025-12-02 /
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Author：小编
On December 2, UBS Investment Bank issued a report focusing on China's automotive sector. The report highlighted that, influenced by the front-loaded demand phenomenon—where consumers make purchases earlier than usual, often in anticipation of future price hikes or limited availability—and a relatively high comparative base from previous years, the growth rate of domestic passenger vehicle sales is anticipated to decelerate. Specifically, it is projected to drop from an 8% increase in 2025 to a 2% decrease in 2026. Meanwhile, the growth rate of electric vehicle wholesale volumes (inclusive of exports) is expected to see a downturn as well, declining from a 28% surge in 2025 to a 15% rise in 2026.
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