Only One ICE Vehicle Remains in April's Top 10 Sales List as NEV Penetration Hits 61.4%

[Market Watch] Among the top 10 best-selling passenger vehicles in April, only Geely Binrui remains as an internal combustion engine (ICE) model, with new energy vehicle (NEV) penetration exceeding 60% for the first time.

Key Data: NEV Retail Penetration Reaches 61.4%

In April 2026, national passenger vehicle retail sales totaled 1.384 million units, of which 849,000 were new energy vehicles, achieving a penetration rate of 61.4%—a historic milestone surpassing the 60% threshold. ICE vehicle retail sales amounted to just 530,000 units, plunging 37% year-over-year.

Core Trend: Top 19 Best-Sellers Are All New Energy Vehicles

The sales leader was Geely Xingyuan (34,727 units), followed by Xiaomi SU7, Model Y, Li Auto i6, and others ranking second through tenth. Only the Binrui (14,923 units) remained as a pure ICE model. This ranking highlights that the market bifurcation between electric and fuel-powered vehicles has solidified.

Industry Impact: Accelerated Phase-Out of ICE Vehicles

The China Passenger Car Association noted that consumer demand is shifting toward new energy vehicles at an unprecedented pace. The traditional ICE segment has lost its last stronghold in the mainstream market, and structural substitution has entered a critical phase.