On December 4, Cui Dongshu, representing the China Passenger Car Association (CPCA), highlighted in an article that between January and October 2025, the global sales volume of new energy passenger vehicles soared to 17.36 million units, marking a 30% year-on-year surge. Specifically, in October of the same year, global sales of new energy passenger vehicles reached 2.11 million units, experiencing a 17% increase year-on-year but a 3% decline month-on-month.

During the period from January to October this year, the United States witnessed sales of 1.4 million units of new energy passenger vehicles, growing at a rate of 10%. However, impacted by price hikes resulting from elevated tariffs and the termination of new energy subsidies, the sales of new energy vehicles in the U.S. plummeted to 93,000 units in October, representing a 32% decrease year-on-year and a staggering 51% drop month-on-month.

In 2025, China's new energy passenger vehicles dominated 68% of the global market share, with an even more impressive 75% share in October. In October 2025, Chinese domestic brand new energy passenger vehicles claimed a 17.7% sales share in overseas markets, a notable 3 percentage point increase from September. Thanks to the robust performance of domestic new energy passenger vehicle exports and significant shifts in the U.S. market, the sales share of Chinese domestic brand new energy passenger vehicles in overseas markets saw a substantial rise, from 8.7% in 2024 to 13.8% in the period from January to October this year.