Climate

Chart: A record two-thirds of car sales in China are now electric vehicles

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 01/11/2026, 12:50:25 UTC.

Briefings

China's September 2026 car sales saw a record 67% of new vehicles be electric or plug-in hybrid, driven by a 31% drop in combustion-engine sales amid the Hormuz crisis. While domestic NEV sales fell 13% year-on-year, exports of these vehicles more than doubled in 2026 to date. The shift occurred as petrol prices rose following the conflict, displacing 143 million barrels of oil from the region.

Key points

• In September 2026, new-energy vehicles (NEVs) accounted for 67% of China's new car sales, marking the highest share recorded in the month.
• Domestic NEV sales in China fell 13% year-on-year in September 2026, while global exports of NEVs more than doubled in 2026 to date.

Context

China's passenger car market saw overall sales decline 28% year-on-year in September 2026, with combustion-engine vehicles dropping 43% in the month and 31% to date. The shift was attributed to rising petrol prices following the start of the Hormuz crisis, which reduced oil imports by 15% compared to 2025.

Limitations

Data covers only September 2026 for domestic sales and 2026 to date for exports. The source does not provide specific dates for the Hormuz crisis start, nor does it confirm the exact volume of oil displaced by the NEV fleet.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 02/11/2026, 01:21:09 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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