Export Growth

China H1 Passenger Vehicle Sales Plunge Over 20% as ICE and NEV Face Dual Pressure

China's passenger vehicle retail sales fell 20.2% YoY to 8.701 million units in H1 2026, with both ICE and NEV segments declining. June NEV penetration remained at 62.8%, but PHEV and EREV sales dropped significantly. Exports became the standout performer, reaching 4.252 million units in H1, up over 70% YoY.

413 views2026-07-13

Listed Automakers Steady Growth in May: Geely and GAC Export Double

In May 2026, 23 A-share and H-share listed automakers sold a combined 2.0491 million units, up 2.21% year-over-year. Against the backdrop of overall industry slowdown, export has become the core growth engine — Geely and GAC Group's exports doubled year-over-year, while NIO and Zhongtong Bus growth exceeded 60%. Divergence is intensifying: leading automakers sustain growth through overseas expansion, while brands relying primarily on the domestic market face clear pressure.

505 views2026-06-12