🤩It is surprising to think that the Chinese

It is surprising to think that the Chinese automobile market, which has reached 30 million units a year, has completely shifted to electricity. Electric vehicles accounted for 57.8 percent of new car sales in September, up 5 percentage points from the previous year.

Looking at the car sales status table of Chinese automakers in September, I feel dizzy. BYD sold 390,000 electric vehicles in September, but Geely Motors also sold more than 160,000 electric vehicles, showing a number of prominent electric car makers. Existing domestic automobile manufacturers have also joined the trend of electricity generation, with most of them selling more than 30 percent of electric vehicles.

In the era of internal vehicles, China entered the automobile industry late and chased only Germany and Japan, but in the era of electric vehicles, China ranks first.

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China’s September Car Sales Record High…Six out of ten new cars are electric
2025.10.14. 11:29 AM

China’s passenger car sales continued to grow in September, hitting an all-time high. China’s passenger car market has accelerated its conversion to electricity, with the proportion of electric vehicles soaring to 57.8%.

On the 13th, the China Automobile Market Information Association (CPCA) announced that sales of Chinese cars in September rose 6.3 percent from the same period last year to 2.241 million units, the highest monthly record. The number of cars sold in the first nine months of this year also rose 9.2 percent to 17 million units, a new record.

China’s automobile market saw sales increase as more than 70 new cars poured in during the peak season in September, and the Chinese government’s subsidy policy for car purchases also encouraged Chinese people to buy cars.

China’s economic media Chai Lien reported that the sales of 11 Chinese-listed automakers increased year-on-year in September after checking the sales of 14 Chinese-listed automakers. In particular, electric cars were the main drivers of the increase in sales. According to CPCA, the proportion of electric cars in China’s new car sales in September was 57.8%, up 5 percentage points from the same month last year. In other words, about six out of 10 new cars are electric cars.

Shanghai Automobile Manufacturing Co., a state-owned carmaker, topped the list in September. Shanghai Automotive Group sold 439,777 cars, up 40.4 percent year-on-year. Of these, 189,498 electric cars accounted for 43.1 percent of total passenger car sales. The cumulative sales from January to September this year reached 3,193,270.

Shanghai Motors has established joint ventures with global automakers General Motors (GM) and Volkswagen to produce cars, and in recent years, the proportion of sales of its own brands has been increasing.

China’s No. 1 electric car maker BYD ranked second. In September, sales fell 5.5 percent year-on-year to 396,270 units, shrinking monthly sales for the first time in 18 months since March 2024. All of BYD’s sales are electric vehicles. Of these, sales of pure electric vehicles (BEVs) increased 24.3 percent year-on-year to 205,000, while sales of plug-in hybrid vehicles (PHEVs) decreased 25.6 percent to 188,000 units, clearly showing a difference in temperature.

On the other hand, Geely and Cherry Motors, which ranked 3rd and 5th, steadily eroded BYD’s electric car market share. Geely’s sales in September were 273,125 units, up 35.2 percent from the same month last year. In particular, the sales of electric vehicles surged 81.3 percent year-on-year to 165,201 units, accounting for 60.5 percent of all passenger car sales.

Cherry Motors, which was listed on the Hong Kong Stock Exchange on the 25th of last month, also submitted satisfactory sales results. Sales rose 8.9 percent year-on-year to 255,584 units in September. Of these, sales of electric vehicles increased 17.2 percent to 83,498.

CPCA Secretary General Cui Dong-soo said, “As electric vehicles are currently positioned as durable consumer goods, the speed of new car launches is getting faster and competitiveness is improving as the installed technology level improves rapidly.” “Since the acquisition tax reduction for electric vehicles will be adjusted from full to half from next year, consumers will focus on purchasing new cars at the end of this year,” he predicted.