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Global Expansion

Chery May Exports Hit 182,000, Setting Record for Third Straight Month

Chery May Exports Hit 182,000, Setting Record for Third Straight Month

In May 2026, Chery exported 181,871 vehicles, surging 80.5% YoY, setting a new monthly export record for the third consecutive month. Cumulative Jan-May exports exceeded 700,000 units, equivalent to one Chery vehicle shipping overseas every 17 seconds. Chery currently operates 28 overseas factories across Europe, Latin America, Russia, Central Asia, and the Middle East. BYD sold 383,500 NEVs in May, while Geely moved 236,000 units. China's "Big Three" are reshaping the global automotive landscape.

51321 days ago

Trump Tariffs Backfire: Chinese Automakers Accelerate Global Expansion

In May 2026, the Trump administration continued escalating tariffs, imposing punitive rates up to 45% on Chinese auto parts. Yet this protectionist measure produced an unexpected consequence—European and emerging markets accelerated their embrace of Chinese automakers to fill supply gaps created by the closed US market. In Q1 2026, China's total auto exports reached 1.853 million units, up 23.7% year-on-year, with exports to the US dropping from 18% of the total in 2024 to just 4.2%,

23158 days ago