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Cui Dongshu noted an inverse relationship between vehicle prices and sales in the auto market: when sales growth slows, the average price tends to keep rising, largely due to structural shifts and changes in sales mix. In recent years, the average price of passenger cars first climbed from 165,000 yuan in 2021 to 184,000 yuan in 2024, fell back to 167,000 yuan in 2025, and rose to 172,000 yuan in 2026. Affected by Tesla's abnormally low selling prices, the average price of passenger cars in October stood at 162,000 yuan, down 1,000 yuan year on year. NEV penetration follows a pattern of being high at both the upper and lower ends of the market and lowest in the A segment. In October, NEV penetration exceeded 50% in every segment, with mini vehicles reaching 100%, A0-segment small cars 91%, C-segment cars 73%, B-segment cars 69%, and the A segment climbing to 50%.
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