China EVs Seize Record 66.7% Market Share as Early-June Sales Top 152,000
Updated
Updated · South China Morning Post · Jun 12
China EVs Seize Record 66.7% Market Share as Early-June Sales Top 152,000
3 articles · Updated · South China Morning Post · Jun 12
Summary
66.7% of new cars sold in mainland China in the week ended June 7 were electric or plug-in hybrid vehicles, a record that put EVs at roughly two out of every three sales.
152,000-plus EV deliveries in June 1-7 were up 8% from the same period a month earlier, showing demand accelerated even after Beijing cut subsidies and tax incentives.
Middle East conflict and the broader energy crisis helped drive the shift, according to CPCA data and industry analysts, as higher fuel-cost pressure further weakened petrol-powered rivals.
The milestone suggests China’s battery-powered carmakers are extending their lead at home after a sluggish start to 2026, with conventional gasoline models losing share.
With Chinese EVs now at the US border, are affordable electric cars finally coming to America?
As China's EVs conquer the globe, can Western automakers survive this massive industrial shift?
66.7% NEV Penetration: China’s Automotive Market Transformed and Going Global in 2026
Overview
China's electric vehicle (EV) market reached a record 66.7% penetration for New Energy Vehicles (NEVs) in early June 2026, driven by a sharp decline in traditional gasoline vehicle sales. Despite this milestone, NEV retail sales fell 14% year-on-year in the first week of June, though deliveries still rose 8% compared to the previous month. This comes amid a broader trend of market contraction, with May 2026 marking the fifth consecutive month of year-on-year NEV sales decline. The data highlights a fundamental shift in consumer preference and market dynamics, signaling an ongoing transformation in China's automotive sector.