EconomyChina’s NEV market emerges as key driver of global growth
At the 2026 World New Energy Vehicle Congress, a Chinese industry official said NEVs now make up more than 25% of global vehicle sales. China recorded NEV production and sales above 10 million units in the first eight months of 2026. Experts described China as a core engine of global NEV expansion, while noting uneven regional adoption and deeper cooperation with Germany and Southeast Asia.
China’s NEV market emerges as key driver of global growth
Economy