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China's new energy vehicle (NEV) market hit another milestone in October 2025, with monthly sales accounting for more than half of the country's total new car sales for the first time, according to data released by the China Association of Automobile Manufacturers on Nov 11.

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Transcript
00:00China's new energy vehicle market hit another milestone in October this year,
00:05with monthly sales accounting for more than half of the country's total new car sales for the first time.
00:11Statistics released by the China Association of Automobile Manufacturers on Tuesday
00:16showed that from January to October, automobile production and sales reached 27.692 million
00:24and 27.687 million units, respectively, which was an increase of more than 10 percent year on year.
00:34The production of EV reached 13.015 million units,
00:39while sales hit 12.943 million units, up by more than 30 percent from last year.
00:46In October, EVs accounted for 51.6 percent of car sales nationwide.
00:54At the 8th China International Import Expo held in Shanghai from November 5th to 10th,
01:21global automakers showcased their products to further capitalize on the growing EV market
01:26and seek greater investment ties with China.
01:29In China, especially Shanghai showcases the strong ecosystem that brings up innovations and China's speed.
01:56So you find these innovations very fast in our cars.
02:00Many of these international car sales companies are all the same as the first-year-old company.
02:04They are the main leaders of the sales company of the first-year-old company.
02:08They also希望, through the sales company, to share the value of China's economic market market,
02:14especially in electric vehicles, digital networks, and new technologies.
02:19I hope to strengthen the cooperation with China partners and cooperation.
02:22Statistics further revealed that from January to October, China exported 2.014 million new EVs, which was a sharp 90.4% year-on-year increase.
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