Chinese carmakers aim for double-digit growth in 2026, competition to remain intense

Several Chinese automakers have announced their sales targets for 2026, with projected growth mostly exceeding 10%. Traditional carmakers like Geely and Chery aim for steady increases, while newer players such as NIO, Leapmotor, and Xiaomi Auto set more aggressive targets, with some targeting growth exceeding 30%.

Geely Automobile sold 3.025 million vehicles in 2025 and targets a 14.1% increase to 3.45 million in 2026. Chery Group sold 2.806 million vehicles in 2025, and its target for the new year is a 14% increase to 3.2 million. Other companies are taking a more aggressive approach. Dongfeng Group,