United Daily News (UDN), one of the primary Taiwanese news groups, recently reported that, Domestic car demand in China remains weak. According to data released by the China Passenger Car Association (CPCA), domestic car sales in China fell by 21.6 percent year-over-year in April, dropping to 1.4 million vehicles, marking the seventh consecutive month of decline.
Sales of gasoline-powered vehicles fell short of expectations due to high oil prices, and demand for plug-in hybrid electric vehicles was also weak. Data shows that electric vehicles and plug-in hybrid electric vehicles account for 60.6 percent of total domestic vehicle sales in mainland China, but sales fell by 6.8 percent year-over-year, and the downward trend has continued for the fourth consecutive month.
In contrast, China’s automobile exports have performed strongly. The Iran war has driven up global fuel prices and boosted demand for electric vehicles in overseas markets. This is particularly evident in BYD, the world’s largest electric vehicle manufacturer. Despite continued strong overseas shipments, BYD’s global sales decline in April marked the eighth consecutive month.
Source: UDN, May 11, 2026
https://money.udn.com/money/story/5603/9495112