On July 2, data released by the China Passenger Car Association (CPCA) indicated that the estimated wholesale sales volume of new energy passenger vehicles by manufacturers across the nation reached 1.51 million units in June 2026. This marked a significant year-on-year increase of 22% and a month-on-month rise of 12%, achieving double-digit growth in both comparisons. The new energy vehicle sector has now entered a recovery phase, with new energy vehicles emerging as the primary driving force behind the growth of the passenger vehicle market.
