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According to the Passenger Transport Association, retail sales of fuel vehicles fell 41% year on year in July, with pure fuel vehicles falling 44% and ordinary hybrids falling 4%. Among fuel vehicles, autonomy fell by 46%, mainstream joint ventures fell by 40%, and luxury fell by 28%, all of which were severely impacted by high fuel prices without discrimination. In July, retail sales of new energy vehicles fell 3.9% year on year, with autonomous vehicles falling 4%, mainstream joint ventures growing 36%, and luxury falling 23%. Domestic retail sales of autonomous economy electric vehicles were greatly affected by the sharp drop in subsidies. Due to strong subsidies for new energy commercial vehicles, the low to medium MPV functions are similar to those of small commercial vehicles, so the low to medium MPV end has declined significantly.

Zhitongcaijing·08/11/2026 08:01:02
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According to the Passenger Transport Association, retail sales of fuel vehicles fell 41% year on year in July, with pure fuel vehicles falling 44% and ordinary hybrids falling 4%. Among fuel vehicles, autonomy fell by 46%, mainstream joint ventures fell by 40%, and luxury fell by 28%, all of which were severely impacted by high fuel prices without discrimination. In July, retail sales of new energy vehicles fell 3.9% year on year, with autonomous vehicles falling 4%, mainstream joint ventures growing 36%, and luxury falling 23%. Domestic retail sales of autonomous economy electric vehicles were greatly affected by the sharp drop in subsidies. Due to strong subsidies for new energy commercial vehicles, the low to medium MPV functions are similar to those of small commercial vehicles, so the low to medium MPV end has declined significantly.