Chery Auto released its 2026 interim results: revenue of 143.28 billion yuan, overseas income surging 51% to 98.97 billion yuan, NEV business revenue of 59.28 billion yuan up 63.8%, net profit margin of 6.3% far exceeding industry average, and cash reserves exceeding 63.4 billion yuan.
44327 days ago
Gasgoo Group CEO Zhou Xiaoying attended a reading session at Auto Innovation Park, sharing core concepts from her co-authored book "Going Global." She argues China's automotive export is shifting from product sales to full-chain "ecosystem expansion" covering R&D, manufacturing, supply chain, branding, and services, with 2026 exports projected to exceed 10 million units.
42131 days ago
On August 13, Gasgoo Group CEO and Editor-in-Chief Zhou Xiaoying attended the Auto Innovation Park reading session, discussing new opportunities in overseas expansion around her book "Going Global: Practices and Strategies for China's Automotive Industry," proposing the "ecosystem expansion" core framework.
25231 days ago
On August 12, Wang Xianbin, VP of Gasgoo Research Institute, delivered a speech at a Bosch Huayu training session, offering deep insights into China's auto industry strategic transformation during the 15th Five-Year Plan. Industry profit margins have fallen from 7.8% to 3.8%, with the 250,000-350,000 yuan bracket as the only growth segment. Exports have evolved from a "second growth curve" into a "lifeline," with the intelligent electric supply chain becoming the core lever for rebuilding overseas competitiveness.
27934 days ago
In July 2026, BYD Group sold 419,211 vehicles, with passenger vehicles reaching 411,072 units. Overseas sales hit a record 179,841 units, surging 124.3% year-on-year and exceeding 40% of total sales for the first time, signaling accelerated globalization.
63444 days ago
On July 16, 2026, GAC Group's 30-millionth vehicle rolled off the production line, achieving this milestone in just 29 years. The group exported over 130K vehicles in 2025 and over 120K in the first half of 2026, up 132% year-on-year. Products now cover 110 countries and regions, with 7 overseas factories and 746 overseas outlets.
45147 days ago
Chinese automakers are undergoing a critical transformation from high-speed growth to quality development. With H1 2026 domestic auto sales down 21.1%, overseas expansion has become a necessity. BYD, Chery, and Great Wall posted strong overseas growth, but trade barriers, brand recognition, and localization remain key challenges.
67360 days ago
China's Jan-May 2026 passenger vehicle exports show clear structural divergence. Central & South America emerged as the fastest-growing market, Europe penetration accelerated, and Southeast Asia competition intensified. Changan's Europe growth hit 634.3%, Chery led with 202,549 units.
44965 days ago
At the 2026 Chongqing Auto Forum, Geely's Li Shufu, NIO's Li Bin, and Avatr's Wang Hui reached strong consensus: price war marginal effects are rapidly diminishing, with 2026 domestic passenger vehicle market decline potentially reaching 15-20%. The era of unrestrained growth for China's auto industry has ended; the next five years will be a brutal shakeout period. Geely took the initiative to propose downsizing and closing redundant entities, while Avatr bluntly stated that pure price competition is a dead end. Overseas expansion has become a survival necessity, with a new strategic mindset of domestic volume and overseas profit. For partners in Central Asia and Russia, Chinese automakers' accelerated globalization means more proactive local investment and better after-sales service networks.
52093 days ago
EX1000
