UBS: China's passenger car market will experience negative growth in 2026.

On December 2, UBS Investment Bank released a report on the Chinese automotive industry, stating that due to some pre-emptive demand effects and high comparison base, the growth rate of domestic passenger car sales may slow down from 8% in 2025 to -2% in 2026; the wholesale growth rate of electric vehicles will slow down from 28% in 2025 to 15% in 2026.