China NEV Export Share Hits 50% for First Time in April 2026, Reaching 52.7%

In April 2026, China's NEV export share exceeded 50% for the first time, reaching 52.7%, marking a historic turning point. NEV passenger vehicle exports reached 406,000 units, up 111.8% YoY and 18.3% MoM. Cumulative exports for January-April reached 1.306 million units, up 118.7% YoY.