MONTHLY REPORT
China car market, February 2026
- Launches
- 1234 the month before
- Electrified share of launches
- 41.7%5 / 12
- Retail sales
- 1,034,000-25.4% vs prior year
- NEV share of retail
- 44.9%464,000
Key facts
- 12 models launched in China, 22 fewer than the month before (34).
- 4 of the 12 launches were battery-electric and 1 plug-in hybrids or range extenders.
- The median entry list price of the month's launches was ¥161,900 (≈ €21,800).
- Passenger-car retail sales were 1,034,000 (-25.4% vs prior year); new-energy vehicles took 44.9% of them.
- Passenger-car exports, including knock-down kits, were 555,000 (+56% vs prior year).
Powertrains of 12 launches
- battery-electric: 4
- plug-in hybrid or range extender: 1
- combustion or hybrid: 7
Makers with the most launches
| Maker | Launches | BEV | Plug-in |
|---|---|---|---|
| BMW Brilliance华晨宝马 | 2 | 1 | 0 |
| Dongfeng Nissan东风日产 | 2 | 1 | 0 |
| Dongfeng Passenger Vehicles东风乘用车 | 1 | 1 | 0 |
| Volkswagen大众 | 1 | 0 | 0 |
| Cowin凯翼 | 1 | 0 | 0 |
Segments with the most launches
- Upper mid-size car 4
- Compact SUV 4
- Upper mid-size SUV 1
- Mid-size SUV 1
- Large MPV 1
Lowest entry prices
- Cowin Kunlun 2026ICE · ¥99,900–128,900 · ≈ €13,441–€17,343
- Nissan Sylphy 2026 (all-new)ICE · ¥104,900–119,900 · ≈ €14,113–€16,132
- Changan UNI-Z PHEV 2026PHEV · ¥118,900–135,900 · ≈ €15,997–€18,284
Highest entry prices
- Volkswagen Touareg 2026ICE · ¥650,800–755,800 · ≈ €87,560–€101,687
- BMW i5 2026BEV · ¥368,000–458,000 · ≈ €49,512–€61,620
- BMW 5 Series 2026MHEV · ¥368,000–448,000 · ≈ €49,512–€60,275
Retail sales, February 2026 (CPCA)
Manufacturers by new-energy retail sales
- BYD 88,697
- Geely Auto 76,636
- Tesla China 38,206
- Changan Automobile 28,220
- HIMA (Harmony Intelligent Mobility Alliance) 28,212