Goldman Sachs
June 16, 2026
China New Energy Vehicle Weekly Chartbook
Weekly UpdateEquitiesCommoditiesConsumer Discretionary
This report provides a weekly update on China's New Energy Vehicle (NEV) market, highlighting a week-over-week decline in orders and significant penetration rates. It also tracks brand-specific performance, pricing trends, and upstream battery material costs.
Key Takeaways
- 1.Weekly NEV orders fell 14% year-over-year and 13% week-over-week in Week 24.
- 2.NEV retail and wholesale penetration reached 66.7% and 67.2% respectively during Jun 1-7.
- 3.Battery grade lithium carbonate prices rose 3.6% week-over-week to Rmb174.5k/ton.
Table of Contents
- Weekly order summary
- Key events to watch
- Retail end-pricing
- Upstream battery pricing dynamics
- Disclosure Appendix
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Authors
Tina HouJenny Du
Securities
GeelyBYDTesla
Themes
NEV Market PenetrationBattery Raw Material Pricing
Regions
Asia PacificChina
