China's EV sales share reached 50.2% in October 2026, the highest among seven major Asian countries. Vietnam followed at 47% and Thailand at 33%, while Japan's share hit a record high of 4.6%.
In October 2026, EV sales and registration shares in seven major Asian countries (Japan, China, Thailand, Vietnam, Malaysia, Indonesia and India) reached 50.2% in China, 46.6% in Vietnam and 33% in Thailand. Indonesia stood at 20.6%, India at 7.3%, Malaysia at 6.1% and Japan at 4.6%, highlighting the higher shares in the three leading countries other than Japan.
For the January–October cumulative period, Vietnam's EV share was 42.1%, surpassing China's 41.3%. Thailand stood at 30.6%, Indonesia at 17.7%, Malaysia at 8.1%, India at 6.6% and Japan at 3.4%. China's domestic sales were flat, while its EV share rose as the overall market contracted.
EVs continued to outpace hybrids in Thailand and Indonesia. Thailand's EV registrations in October rose 76.9% year on year to 18,017 units, accounting for 33.3% of total new-vehicle registrations. Hybrid registrations rose 9.9% to 13,178 units, making EV registrations approximately 1.4 times higher than hybrid registrations. Indonesia's EV wholesale volume in October was 16,805 units, approximately 2.3 times the 7,432 hybrid units. EVs accounted for 20.6% and hybrids for 9.1%.
(You can read the rest on Alterna Online.)
China: EV share exceeds 50% despite contraction in the domestic market; Vietnam's EV share 46.6%; Thailand's EVs exceed hybrids for the sixth consecutive month; Indonesia's EVs more than double hybrids; India's EV registrations 2.2 times higher; Proton accounts for 60% of the Malaysian market; Japan's 4.6% EV share is a record high but the lowest in Asia