China Passenger Car Association: January NEV Wholesale Estimated at 900,000 Units
According to preliminary monthly data released by the China Passenger Car Association (CPCA) on February 4, the estimated wholesale volume of new energy passenger vehicles from Chinese manufacturers reached 900,000 units in January 2026, representing a modest year-on-year growth of 1%.
Changan Auto Reports January Sales of 134,701 Units, down 9.18% Year-on-Year
Changan Automobile disclosed its January 2026 production and sales figures on February 4. The company's production output for the month stood at 164,576 vehicles, marking a 9.18% decrease compared to the same period last year. Total vehicle sales reached 134,701 units. Its overseas sales reached 43,628 units, showing a significant decline of 51.14% year-on-year.
BMW Group Unveils 2026 Strategic Plan for China, Pins Hopes on "Neue Klasse"
The BMW Group announced its strategic roadmap for the Chinese market in 2026 on February 4, centering on the localized launch of its new-generation "Neue Klasse" models. A key highlight is the planned domestic production and market introduction of the long-wheelbase version of the all-electric New Generation BMW iX3, alongside a suite of innovative technologies. Across its three core brands—BMW, MINI, and Rolls-Royce—the group plans to launch approximately 20 new and refreshed models throughout the year. The company is positioning its "Neue Klasse" vehicles, which promise groundbreaking advances in electric drive, digitalization, and sustainability, as a pivotal opportunity to strengthen its competitive stance and reclaim momentum in the world's largest automotive market.
*(Exchange rate: RMB 7.0 = USD 1)*