09:40 Nov 12 2026

NEVs accounted for 64.3% of China's new car sales last month, up from 61.6% in September, while their share for the first 10 months climbed to 54.8%, according to the CAAM. NEV exports surged about 140% to 606,000 units in October from a year ago, making up more than half of China's auto exports for a fifth straight month.

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