In April, both vehicle production and sales in China declined on both a YoY and MoM basis, with the overall market characterized by weak domestic demand and strong export growth.NEV penetration reached 58% in April, setting a new monthly record high.Passenger vehicle exports totaled 800,000 units in April, up 82% YoY, marking another all-time monthly high.China's passenger vehicle market recorded sales of 2.13 million units in April, down 4.5% YoY and 11.7% MoM. Domestic demand remained weak, impacted by the phase-out of vehicle purchase tax incentives, adjustments to trade-in subsidy policies, and rising fuel prices. Meanwhile, exports maintained rapid growth and repeatedly hit record highs, effectively offsetting downward pressure in the domestic market.Cumulative passenger vehicle sales for January–April 2026 reached 8.06 million units, down 6.9% YoY.Passenger vehicle production totaled 2.19 million units in April, down 3% YoY and 10.2% MoM, with automakers increasing inventory by approximately 60,000 units during the month.Cumulative production for January–April 2026 reached 8.09 million units, down 7.8% YoY.Passenger vehicle exports reached 800,000 units in April, up 82% YoY and 6.3% MoM, setting another monthly record high.Among automakers, Chery Automobile ranked first with exports of 175,000 units in April, posting strong growth on both a YoY and MoM basis. BYD ranked second with exports of 130,000 units, up nearly 80% YoY. Geely Automobile ranked third with exports of 83,000 units, delivering an exceptional YoY growth rate of 245%.On a YoY basis, sales of Chinese domestic brands and U.S. brands increased by 1.6% and 11.8%, respectively. In contrast, Japanese/Korean brands and European brands recorded declines of 31.7% and 19.9%, respectively.On a MoM basis, all brand groups saw declines, with Japanese/Korean and European brands posting the steepest drops at 39% and 34.5%, respectively.In terms of market share, Chinese domestic brands accounted for 74.8% of the market, up 7.3 percentage points MoM.