AI Data Insight
According to the latest data, China's new energy vehicle (NEV) production in April 2026 reached 1.489 million units, surging by 193,000 units from the previous month and significantly exceeding the market consensus of 1.32 million units published by the China Association of Automobile Manufacturers (CAAM). Driven by the "trade-in" policy and strong export momentum, the NEV penetration rate has not only broken through 60%, but the installed capacity of power batteries has also risen simultaneously, demonstrating the industry's extremely strong growth resilience.