China Passenger Car Market Analysis Report, September 2025

In September 2025, China's passenger car market showed a trend of total growth and structural optimization. New energy vehicles continued to lead the market, driving profound changes in the market structure. In September, the output of broad passenger cars reached 2.872 million units, a year-on-year increase of 17.6%; the output of new energy passenger cars was 1.501 million units, a year-on-year increase of 22.9%. BYD maintained its leading position with retail sales of 347,000 units, while Geely followed closely with sales of 232,000 units. In terms of market structure, the sales growth of SUVs and MPVs reflects the upgrading of family travel needs, while the hot sales of microvans point to the