Russia Raises Recycling Fee on Non-Locally Produced Vehicles, Chinese Automakers' Export Costs Rise ~10%

In the second half of 2026, China's NEV exports face new trade policy variables. Russia increased recycling fees on non-locally produced vehicles from July 1, raising Chinese automakers' export costs by approximately 10%. Taking Geely Monjaro as an example, retail prices rose by about 500,000 rubles. Brazil plans to increase NEV import tariffs to 35%, further raising barriers to the South American market. Meanwhile, Central Asian markets' acceptance of Chinese new energy brands continues to climb, with Hallgós customs data showing Chinese brands maintaining strong sales locally.