Fuel Cars' Retrenchment and Resilience: Traditional Fuel Vehicles Hold onto Half of the Market, while Head Brands Stabilize

Editor's Note: As Audi adjusts its fuel car sales timeline and BMW announces its partnership with Huawei, this year's fuel cars have managed to hold onto half of the market share. The fate of fuel cars is already spinning into motion, a high-stakes game that will affect the entire industry chain.

In 1886, Karl Benz invented the world's first gasoline-powered internal combustion engine three-wheeled car, marking the beginning of the modern automobile industry. Over 130 years later, traditional fuel cars are facing a turning point. In China, the domestic sales volume of traditional fuel vehicles in the first half of the year reached 1155.8 million units, down 17.4% from last year, with a market share of 51%

Since the second half of 2024, new energy vehicle penetration rates have repeatedly surpassed those of traditional fuel cars, reaching over 50% several times.

In the first half of the year, the domestic sales volume of traditional fuel vehicles reached 542.6 million units, accounting for nearly half of the market share.