China's Car Sales to Stagnate in 2026, EV Exports May Slow

China's car sales are expected to stay flat in 2026, which means they won't grow much.

This is because people aren't buying as many cars as before, and the government is giving less money to help people buy electric cars.

Last year, electric cars and plug-in hybrids sold more than gasoline cars for the first time, but their sales growth slowed down.

Many cities stopped giving subsidies for trading in old cars, which made it harder for car companies.

Some companies are trying to sell more cars overseas, but it might not be as successful as last year.

The Chinese government is also changing some tax rules for exports, which might affect sales.

Some companies are still hopeful and setting big sales targets, but many dealers think sales will go down.