China reported a fresh monthly sales record for new energy vehicles (NEVs) in November, led by battery-electric models and a sharp rise in exports, according to data released by the China Association of Automobile Manufacturers (CAAM).
Wholesale sales of NEVs, which include battery-electric vehicles, plug-in hybrids and fuel cell vehicles, reached 1.823 million units in November, up 6.3% from October and 20.6% year-on-year, CAAM data showed. Battery-electric vehicles accounted for the bulk of the increase, with sales exceeding one million units for a third consecutive month.
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The figures reflect wholesale volumes, including exports, rather than retail sales within China. Of the total, about 1.52 million vehicles were sold domestically, up 6.5% from a year earlier, while exports climbed to around 300,000 units.
That marked a 260% year-on-year jump, highlighting the growing role of overseas markets for Chinese-made electric vehicles after earlier sales headwinds at home.
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Battery-electric vehicle sales rose 28.9% year-on-year to 1.17 million units in November, while plug-in hybrid sales increased 7.9% to 652,000 vehicles.
Across all powertrains, total wholesale vehicle sales in China reached 3.43 million units, up 3.4% from a year earlier, with NEVs accounting for a record 53.2% market share, CAAM said.