Data released by the China Association of Automobile Manufacturers (CAAM) reveals that in February 2026, the production and sales figures for new energy vehicles stood at 694,000 and 765,000 units respectively. These numbers reflect a year-on-year decrease of 21.8% in production and 14.2% in sales. Notably, new energy vehicle sales constituted 42.4% of the total new vehicle sales for the month.
