Overview
- Company disclosures published on Tuesday show a divided industry in August 2026 with several Chinese groups reporting strong month-on-month growth while other makers posted sharp volume and profit declines.
- Chery reported 262,990 vehicles sold in August and a 10–month cumulative rise, with NEV deliveries about 120,000 in August, up roughly 70 percent and brand spikes from iCAR and 智界 driving the gain.
- Changan delivered 218,800 vehicles in August with NEV sales of 105,000 up 22.7 percent and overseas shipments of 92,400 up 78.6 percent, extending seven months of consecutive export growth.
- Great Wall’s overall August volume fell slightly to 113,396 units but its ORA EV brand, NEV sales (40,700 units) and exports (62,517 units) showed pronounced strength within the group.
- Other firms struggled: Seres posted a near 44 percent year-on-year drop in August sales and reported large H1 losses plus asset impairments, and Hyundai’s global August sales fell 14.2 percent after Korean union strikes sharply reduced domestic production and caused tens of thousands of lost units.