China’s NEVs Hit 50% of New Car Sales in October
New energy vehicles accounted for over half of all new car sales in October 2025 for the first time in the Chinese mainland, marking a major milestone in the electric vehicle revolution.
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New energy vehicles accounted for over half of all new car sales in October 2025 for the first time in the Chinese mainland, marking a major milestone in the electric vehicle revolution.
CAAM warns that disorderly price wars in the booming NEV market are slashing profit margins and hindering innovation in the Chinese mainland.
The China Association of Automobile Manufacturers (CAAM) has denounced U.S. protectionism in the electric vehicle industry, calling out planned tariffs as a setback to global collaboration. ⚡️🚗