CAAM: In February 2026, the production and sales of new energy vehicles decreased, while exports maintained a high-speed growth.

According to analysis by the China Association of Automobile Manufacturers, in February 2026, the production and sales of new energy vehicles decreased, while exports maintained rapid growth and the domestic sales proportion showed a slight increase compared to the previous month. In February 2026, the production and sales of new energy vehicles were 694,000 and 765,000 respectively, representing a year-on-year decrease of 21.8% and 14.2%. From January to February 2026, the production and sales of new energy vehicles were 1.735 million and 1.71 million respectively, representing a year-on-year decrease of 8.8% and 6.9%. In February 2026, the export of new energy vehicles was 282,000, a month-on-month decrease of 6.6% and a year-on-year increase of 1.1 times. From January to February 2026, the export of new energy vehicles was 583,000, a year-on-year increase of 1.1 times.