Sales of Mini and Micro Electric Vehicles Plunge Sharply

[Market Watch] Sales of A00-class electric vehicles in the first five months plummeted by 60% year-over-year, with market share halved.

Core Trend: Dual Pressure from Fading Policy Incentives and Product Shortcomings

Leading dealer Luo Jianfu noted that sales of mini and micro EVs have shrunk by over 80% compared to their peak. In the first five months of this year, A00-class sedan sales totaled only about 190,000 units, a 60% year-over-year decline, and market share dropped sharply from 6% to 2.7%.

Strategic Foundation: Subsidy Mechanism Reform Erodes Price Advantage

By the end of 2025, new energy vehicle subsidies will shift to a fixed-amount system—RMB 15,000 for trade-in subsidies and RMB 20,000 for scrappage subsidies. For mini and micro models priced between RMB 30,000 and RMB 40,000, subsidies previously accounted for a large portion of the price; after the phase-out, their cost-performance advantage has vanished.

Industry Impact: Upgraded Household Mobility Needs Accelerate Category Obsolescence

Consumer demand is shifting toward longer range and more spacious vehicles. Mini and micro EVs struggle to meet the new roles of either a second family car or a primary commuter vehicle, completely reversing their previous growth logic.