China's gasoline car sales plunge 41.8% in May as combustion era fades

CnEVPost06-10 18:02

A Lotus For Me hybrid SUV on display at the Beijing Auto Show in April 2026. Credit: CnEVPost China's domestic sales of traditional fuel passenger vehicles fell to 497,000 units in May, down 357,000...

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Credit: CnEVPost\n\n\nChina's domestic sales of traditional fuel passenger vehicles fell to 497,000 units in May, down 357,000...</p>\n\n<a href=\"https://cnevpost.com/2026/06/10/china-gasoline-car-sales-plunge/\">Source Link</a>\n\n</div>\n","source":"cnevpost_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's gasoline car sales plunge 41.8% in May as combustion era fades</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's gasoline car sales plunge 41.8% in May as combustion era fades\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-10 18:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://cnevpost.com/2026/06/10/china-gasoline-car-sales-plunge/><strong>CnEVPost</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A Lotus For Me hybrid SUV on display at the Beijing Auto Show in April 2026. Credit: CnEVPost\n\n\nChina's domestic sales of traditional fuel passenger vehicles fell to 497,000 units in May, down 357,000...</p>\n\n<a href=\"https://cnevpost.com/2026/06/10/china-gasoline-car-sales-plunge/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TEST","symbol_name":"YieldMax TSLA Performance & Distribution Target 25 ETF","start_time":0,"source_url":"https://cnevpost.com/2026/06/10/china-gasoline-car-sales-plunge/","article_id":"2642244741","we_media_id":null,"thumbnails":["https://static.tigerbbs.com/data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20480%20270'%3E%3C/svg%3E?op=imageView2&mode=2&width=256&height=256&quality=70&format=png"],"rights":{"source":"cnevpost_highlight","url":"https://cnevpost.com/2026/06/10/china-gasoline-car-sales-plunge/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2642244741","pubTimestamp":1781085732,"columns":[],"sourceInfo":{"source_id":"cnevpost_highlight","name":"CnEVPost"},"weMediaInfo":null,"summary":"China's domestic sales of traditional fuel passenger vehicles fell to 497,000 units in May, down 357,000 units from a year earlier.","collect":0,"end_time":0,"defaultTopTitle":"cnevpost.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"80175":"吉利汽车-R","TEST":"YieldMax TSLA Performance & Distribution Target 25 ETF","TSLQ":"2倍做空TSLA ETF-Tradr","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","LU0133085943.USD":"T ROWE PRICE US BLUE CHIP EQUITY \"A\" ACC","09366":"XI二南特斯-U","TSLR":"2倍做多TSLA ETF-GraniteShares","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU2063271972.USD":"富兰克林创新领域基金","TSLS":"1倍做空TSLA ETF-Direxion","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","TSLT":"2倍做多TSLA ETF-T-Rex","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","TSLW":"TSLA周配息ETF-Roundhill","BK4099":"汽车制造商","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","BK4585":"ETF&股票定投概念","TSLY":"TSLA期权收益策略ETF-YieldMax","00175":"吉利汽车","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - 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Credit: CnEVPost\n\n\nChina's domestic sales of traditional fuel passenger vehicles fell to 497,000 units in May, down 357,000 units from a year earlier.\nDomestic NEV sales rebounded sequentially, while exports doubled year-on-year, partly offsetting weakness in the domestic market.\n\n\nThe contraction of China's gasoline vehicle market is accelerating, as green vehicles rapidly take their place.\nDomestic sales of traditional fuel passenger vehicles totaled just 497,000 units in May, plunging 41.8% year-on-year, according to data released by the China Association of Automobile Manufacturers (CAAM) on Wednesday.\nThat figure was down 357,000 units from a year earlier, and also represented a 3.5% decline from April.\n\n\nJoin us on \nTelegram\n or \nGoogle News\n\n\nGasoline vehicles remained a persistently weak segment, even as the overall passenger vehicle market recovered on a month-on-month basis.\nChina's total domestic passenger vehicle sales reached 1.444 million units in May, up 8.2% from April but still down 23.4% year-on-year.\nThat means gasoline vehicles fell far more sharply than the overall market, with their share being rapidly eroded by new energy vehicles (NEVs).\nIn the first five months of the year, cumulative domestic sales of traditional fuel passenger vehicles stood at 3.2 million units, down 1.243 million units, or 28 percent, from the same period last year.\nTotal domestic passenger vehicle sales over the same period were 6.79 million units, down 23.8% year-on-year.\nThe NEV market, by contrast, showed signs of stabilizing and recovering. Domestic NEV sales reached 1.049 million units in May, up 14.8% from April, despite a 4.1% year-on-year decline.\nOf those, domestic NEV passenger vehicle sales were 947,000 units, up 15.6% month-on-month but down 8.1% year-on-year.\nThe domestic market continued to post double-digit year-on-year declines, weighed down by multiple factors including policy adjustments, shifts in market structure, and pressure from the macroeconomic environment, the CAAM said.\nIn sharp contrast to the weakness at home, exports maintained rapid growth momentum.\nChina exported 446,000 NEVs in May, up 3.8% from April and up 110% year-on-year. Exports of traditional fuel vehicles reached 483,000 units, up 42.6% year-on-year.\nIn the January-May period, cumulative NEV exports reached 1.833 million units, up 110% year-on-year. Exports of traditional fuel vehicles totaled 2.227 million units, up 36.2 percent. Overseas demand is becoming a core engine for Chinese automakers to hedge against domestic pressure.\nThe decline of gasoline vehicles in China is already evident in the retail market. Pure gasoline models completely disappeared from China's top 10 best-selling passenger vehicles by retail sales in May, with the list entirely occupied by NEVs.\nGeely Auto's (HKEX: 0175) Xingyuan ranked first in passenger vehicle retail sales in May, with Tesla's (NASDAQ: TSLA) Model Y in second place, according to a CnEVPost report yesterday.\nIn January, seven gasoline models were still on the top 10 list.\nCui Dongshu, secretary-general of the China Passenger Car Association (CPCA), said that amid the shock of high fuel prices, the cost of owning a gasoline vehicle has continued to climb, significantly dampening purchase intentions.\n\n\n\n\n\n\n\n\n\nICE out: Pure fuel cars vanish from China's top 10 best-selling models\nChina's top 10 passenger cars by retail sales in May were all NEVs, with Geely Xingyuan ranking first and Tesla Model Y second.\n\n\nEV Industry\nJun 9, 2026","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2642244741","isCrawlerRequest":true}