The Zhitong Finance App learned that Cui Dongshu, Secretary General of the Passenger Transport Association, today released an analysis of the world's new energy vehicles from January to June 2026. Among them, it was mentioned that in January-June of this year, the world's new energy passenger vehicles reached 11.22 million units, an increase of 13% over the previous year. Of these, sales of new energy vehicles increased 25% by 2.38 million units in June, and the growth rate returned to normal historical levels. From January to June 2026, the share of generalized new energy vehicles reached 31.4%, of which pure electric vehicles accounted for 16.3%, plug-in hybrid vehicles reached 7.1%, and hybrids achieved excellent performance of 8%.
Cui Dongshu said that in 2025, China's share of new energy passenger vehicles in the world was 68.3%; from January to June 2026, the world share of new energy passenger vehicles in China reached the level of 62%. In 2026, China's share of the world's pure electric vehicle market was 58%, and the global plug-in hybrid share reached a high level of 71%. China showed excellent performance in the world plug-in hybrid market. In 2025, the overseas sales share of autonomous new energy passenger vehicles reached 15.8%, a significant increase. In 2026, the overseas market sales share of autonomous new energy passenger vehicles increased dramatically, reaching 26.5% in June, a further sharp jump.
I. Global NEV trends
1. World NEV performance in 2026
In 2024, the world sold 91.77 million units of automobiles, of which 17.88 million new energy vehicles were sold, and fuel vehicles accounted for a relative decline. In 2025, world automobile sales will reach 96.89 million units, and new energy vehicles will reach 22.89 million units.
From January to June 2026, world automobile sales reached 47.86 million units, and new energy vehicles reached 11.22 million units. From January to June 2026, ordinary hybrids surpassed plug-in hybrids and became a highlight of growth.
2. World automobile energy structure
In 2025, the global NEV sales ratio reached 30% of the world's automobile sales, an increase of 4 percentage points over the full year of 2024, while NEVs in the narrow sense reached 23.6%, showing a relatively strong state.
From January to June 2026, the share of generalized new energy vehicles reached 31.4%, of which pure electric vehicles accounted for 16.3%, plug-in hybrid vehicles reached 7.1%, and hybrids achieved excellent performance of 8%.
II. Trends in the world's new energy passenger vehicles
1. Trends in the world's new energy passenger vehicle market
From 2022 to 2024, the world's new energy vehicles showed an accelerated upward trend, and growth was stronger at a low base. The world's new energy vehicles started low in 2025, then resumed high growth in February-September.
Strong growth trend in global NEV passenger vehicle sales from 2022 to 2026: the overall scale continued to expand, with monthly sales exceeding 2.3 million units in 2025, nearly doubling from 2022; continued high growth in the first six months of 2026, with a significant year-on-year increase in March-June.
2. World New Energy Passenger Vehicle Performance
Sales of new energy passenger vehicles reached 2.87 million units in 2020, and the trend increased by 42% compared with the same period in 2019. Sales of new energy passenger vehicles reached 6.37 million units in 2021, a strong performance that exceeded expectations by 122%.
The trend of new energy passenger vehicles in the world was strong in 2022, reaching 10.39 million units for the whole year, an increase of 63% over the previous year. The trend of new energy passenger vehicles in the world was strong in 2023, reaching 13.88 million units for the whole year, an increase of 34% over the previous year.
In 2024, the world's new energy passenger vehicles reached 17.88 million, an increase of 29% over the previous year. Because of the slowdown in the European and American energy trends, the world's new energy has slowed significantly compared to previous years. In 2025, the world's new energy passenger vehicles reached 22.89 million, an increase of 28% over the previous year.
From January to June 2026, the world's new energy passenger vehicles reached 11.22 million units, an increase of 13% over the previous year. Of these, sales of new energy vehicles increased 25% by 2.38 million units in June, and the growth rate returned to normal historical levels.
3. Overseas NEV passenger vehicle market trends
Overseas trends in June of this year were relatively volatile, forming a characteristic of fragmentation in overseas new energy market trends. Due to the large European NEV market, the overall performance of overseas NEVs is relatively good.
The overall trend of new energy in markets outside of China is growing abnormally. Recently, the trend of new energy in the US has fluctuated sharply. Due to a sharp recovery in the European and American new energy trends, sales volume in January-June was 4.27 million units, and the growth rate reached 28%, which is close to the average of the previous two years.
Currently, in mainstream markets that can be counted overseas, the overall performance of independent brands of new energy products in overseas market analysis continues to strengthen. In 2023, China's own-brand NEVs had 7.1% overseas market share; in 2024, the overseas sales share of autonomous new energy passenger vehicles was 9.6%, an increase of 2.5 points. In 2025, the overseas sales share of autonomous new energy passenger vehicles reached 15.8%, a significant increase. In 2026, the overseas market sales share of autonomous new energy passenger vehicles increased dramatically, reaching 26.5% in June, a further sharp jump.
From January to June 2026, the overseas sales share of autonomous new energy passenger vehicles was 24%, up 10 percentage points from the same period in 2025. Due to the good performance of autonomous new energy exports, and the severe contraction of the US NEV market, the sales share of autonomous NEV passenger vehicles in overseas markets has increased significantly. Currently, the share of new energy in South America exceeds 79%, and the share of new energy in Southeast Asia has reached 45%.
Judging from regional market trends for new energy vehicles, Europe surpassed China in 2020. The European NEV market grew steadily at an overall high level from 2021 to 2026, while China's NEV market has continued to trend strongly in recent years.
China's slump in January-June of this year is temporary, but America's new energy trend is far weaker than China's trend.
New energy passenger cars in the US weakened after October 2025. Early experimenters and environmentalists in Europe and the US have already purchased electric vehicles. The US government has lifted subsidies for new energy vehicles, which has had a great impact on new energy in the US. Even if Tesla liberalizes the use of autonomous driving, the increase in sales penetration rate has not met expectations.
In 2025, sales of new energy in the US fell 2% to 1.72 million units, which is lower than the growth rate in recent years. Due to price increases due to high tariffs and the cancellation of new energy subsidies, US NEV sales fell 20% year on year in June 2026, and US NEV sales fell 27% by 610,000 units in January-June.
Sales of new energy vehicles in Europe were relatively low in June of previous years. The market declined sequentially this year. Currently, against the backdrop of a sluggish European economy and consumption, European NEVs are still growing significantly.
European new energy passenger vehicles sold 3.86 million units in 2025, an increase of 960,000 units over the same period last year, an increase of 33%. According to preliminary statistics, Europe's 470,000 new energy passenger vehicles increased 31% year-on-year in June, and 2.34 million units increased 31% year-on-year from January to June 2026.
4. New energy penetration rate in countries around the world
The overall penetration rate of NEVs in the world is showing a rapid upward trend. It has reached 13.1% in 2022, 15.9% in 2023, 19.5% in 2024, 23.6% in 2025, and a cumulative NEV penetration rate of 23.4% in 2026. Among them, Germany reached 32%, Norway reached 81%, the United Kingdom 35%, while the US was only 7% and Japan was only 3.5%, so the imbalance in the world's NEV development is extremely obvious.
As China continues to strengthen the development of new energy sources, the US is weakening its incentive policy for new energy sources. New energy subsidies in Europe are gradually being restarted, and the world's new energy vehicles have entered a new stage of differentiated development.
III. Structural characteristics of the world's new energy passenger vehicles
1. Trends in the world's new energy passenger vehicle market
The European new energy market throughout 2021 was affected by the epidemic, and the growth of new energy sources was weak. 2022 is still affected by the pandemic. Europe's share in 2022 fell significantly from 2021, and Europe's share continued to decline slightly in 2023-2024. The world share of new energy in Europe reached 17% in 2025, and the world share of new energy in Europe reached 21% from January to June 2026, a significant increase from the same period last year.
Recently, the growth rate of China's new energy passenger vehicles is stronger than the world average growth rate. In 2020, the world share of new energy passenger vehicles in China reversed significantly. In 2021, China maintained a strong level of 52%; in 2022, China's share of NEVs in the world exceeded 62%; in 2023, China accounted for 64% of the world share; in 2024, it continued to sprint to 69%; in 2025, China's share of NEVs in the world reached 68.3%; in January-June 2026, China's share of NEVs in the world reached 62%.
2. New energy vehicle share trends among manufacturers
Judging from the sales share over the years, China's BYD is leading the world, Geely is rapidly rising, and Tesla's performance is poor, and it has fallen to third place. Recently, two autonomous vehicle companies, SAIC Motor Group Passenger Car and SAIC Wuling, have performed well overseas.
Geely Automobile and Chery New Energy have strengthened significantly recently. The performance of German Volkswagen's new energy vehicles was relatively stable, and the BMW Group, Korea Hyundai, etc. dropped to the third-tier level.
Competition in the new energy wave for luxury cars is relatively intense, and Tesla's performance in the US is slowing down. Currently, the trend of BMW and Mercedes-Benz is average.
IV. Market trends of pure electric new energy vehicle structures
1. Pure electric world structure
China's share performance in the global pure electric vehicle market is relatively stable, with a share of around 63% from 2023 to 2025; in 2026, China's share in the global pure electric vehicle market was 58%, and the performance of China's pure electric vehicles was temporarily poor due to factors at the beginning of the year.
The share of pure electric vehicles in Europe fell from 26% in 2021 to 20% in 2023, and the share fell relatively to 21% in January-June 2026. The share of electric vehicles in the US was only 8.5% in 2025, while the 6.0% share performance declined significantly from January to June 2026.
2. Trends in car companies' share
Judging from the pure electric share of car companies, BYD's share continues to rise overall. From the 7% share level in 2021, the share rose to 17% in 2023, and the 2024-2025 share reached 18%, which performed well. From January to June 2026, BYD's share fell to 15%, which is temporarily low.
Tesla's share performance among pure electric vehicles is relatively poor. Tesla's share level of around 23% in 2021 has remained low at 13%.
Geely Group's share rose from 4% in 2019 to 8.9% in 2026. SAIC Motor's share of pure electric power has been strong recently, and GAC Group and Changan pure electric have been relatively stable.
5. Market trends in plug-in hybrid new energy vehicle structures
1. Mixed world structure
China is far ahead in terms of the share of plug-in hybrids in the world. In 2021, China's share of plug-in hybrids in the world was 33%; in 2025, China's share of plug-in hybrids in the world reached a high level of 76.4%; in 2026, China's share of plug-in hybrids in the world reached a high level of 71%. China showed excellent performance in the world plug-in hybrid market.
Europe's share of plug-in hybrids fell from 55% in 2021 to 21% in 2026.
2. Trends in car companies' share
Judging from the car companies' share of plug-in hybrids, BYD had the most outstanding performance. BYD's share of plug-in hybrids in the world was 15% in 2021, rising to 36% of the world's plug-in hybrid share in 2023. In 2024, BYD's share of 39% was very good. From January to June this year, the share remained at 32%, reflecting BYD's leading performance in the plug-in hybrid market.
German Volkswagen's share of plug-in hybrids rose sharply to 15% in 2021, then fell to a rock bottom in 2024, and then rose back to 6.7% in 2026. BMW's share of plug-in hybrids also fell to the bottom in 2024, then rose back to 2.5% in 2026. Geely Volvo's plug-in hybrids account for 12.9% of the world's level.
6. Hybrid vehicle structure market trends
1. The mixed world structure
China's hybrid developed rapidly in the first two years, and in 2022 it became the world's largest hybrid market. With the rise of plug-in hybrids, China's share of hybrid power in the world has declined since 2023, but in 2026, China's share of hybrid power will rise to 15.8% of the world.
The hybrid market in the US has rebounded greatly since 2024. In 2026, the US hybrid market will account for 30% of the world.
2. The share trend of mixed enterprises
The hybrid market is strongly dominated by Japan and South Korea. The hybrid performance of Toyota, Honda, Nissan, and Hyundai is strong, accounting for 84% in 2026.
As Europe suppresses the pure electric vehicles of Chinese autonomous car companies, SAIC MG's hybrid performance in the European market quickly strengthened to a super level of 6%.
Most other companies have a mixed share of less than 1%. Recently, Ford and Mazda have performed well in the hybrid market share in the US.