China Q1 Auto Exports Hit 1.26M, Surpassing Japan for Global #1

In Q1 2026, China's auto exports reached 1.26 million units, up 24.5% YoY, surpassing Japan (~1.18M) for the first time to become the world's largest auto exporter. Chery led with 390K units, followed by BYD and Geely. NEV export share rose to 34.8%, with Central Asia, Middle East, and Europe contributing over 60% of incremental volume.