overseas sales

XPeng to License Tech to Overseas Automakers Beyond Volkswagen as Services & Other Gross Margin Hits 75.1%

XPeng plans to provide technology licensing to overseas automakers beyond Volkswagen, covering electrical and electronic architecture, cockpit systems, Turing AI chips, and intelligent driving software; potential partners also include software developers and component suppliers. Its first model under the collaboration with Volkswagen, ID.UNYX 08, entered mass production in March 2026, taking 24 months. In the second quarter of 2026, XPeng's services and other revenue nearly doubled, with gross margin rising to 75.1%, while automotive gross margin fell to 12.1%; cumulative overseas sales exceeded 100,000 units, and it plans to expand technology licensing into Robotaxi and embodied intelligence fields.

54827 days ago

BYD Recalls 183,211 Tang and Qin Vehicles in China Over Brake Pedal Stopper Pad Material Defect

On September 18, 2026, the State Administration for Market Regulation issued an announcement that BYD is recalling some Tang and Qin series models, totaling 183,211 vehicles, with production spanning from 2014 to 2022. The recall is due to abnormal material in the brake pedal limit pad, which may crack and fall off and cause the brake lights to illuminate incorrectly. BYD will replace the improved parts free of charge. The Tang series recall involves 142,895 vehicles, and the Qin series 40,316 vehicles. From January to August this year, cumulative sales of the Tang and Qin fell 34.96% and 52.88% year on year, respectively. During the same period, BYD's August new energy vehicle sales were 440,293, up 17.84% year on year.

39827 days ago

After 7.098 Million Vehicle Exports, Chinese Auto Globalization Enters Deep Water

In 2025, China's automobile exports reached 7.098 million units, a year-on-year increase of 21.1%, of which new energy vehicle exports reached 2.615 million units, a year-on-year increase of 103.7%. The industry's focus is shifting from export scale to the depth of globalization. The degree of openness of overseas markets varies significantly. Chinese automakers are advancing globalization through local factory construction, product portfolios, and ecosystem-based operations. According to statistics from Gasgoo Automotive Research Institute, the planned annual overseas production capacity of Chinese automakers increased from about 3.44 million units in 2023 to nearly 6.85 million units in 2026.

55229 days ago

Zotye Wink Y01 International Version Enters Trial Production; H1 Revenue Down 32.08%

Zotye Automobile announced that the international version of its small electric vehicle Wink Y01 for export markets has entered trial batch production. The news drove its stock price to consecutive daily limit-ups on September 8 and 9, before falling back on the 10th. In the first half of the year, revenue was RMB 190 million, down 32.08% year on year, with a loss of RMB 152 million after excluding non-recurring items. The new model has not yet announced pricing, range, or a delivery timetable, and overseas regulatory certification, sales channels, and follow-up funding all remain uncertain. The path to resuming production and exports still remains to be seen.

41632 days ago

BYD H1 Revenue Hits ¥173.6B, Overseas Sales Surge 124%

BYD delivered strong H1 2026 results with revenue of ¥173.6 billion up 15% and net profit of ¥9.68 billion up 46%. July sales reached 419,000 units with nearly 180,000 overseas units up 124.3%. BYD ranks 6th globally with 4.8% market share, becoming the first automaker to achieve full-process scale from R&D to global delivery.

81760 days ago

Leapmotor Logs 25,393 Registrations in Italy Jan-Jul, Leading Chinese EV Startups in Exports

Leapmotor released its latest overseas figures on August 12. Between January and July 2026, the automaker logged 25,393 registrations in Italy. The Lafa5 leads Italy's C-segment EV market following its debut, while the T03 remains a top-selling model. Overseas wholesale sales topped 113,000 units in the first seven months, securing Leapmotor's lead among Chinese EV startups in exports. The company now operates in over 40 countries with more than 2,000 overseas outlets.

44965 days ago

Chery Enters Global Top 10 Automakers for First Time with 4.1% Market Share

In H1 2026, Chery Group entered the global top 10 automakers for the first time with a 4.1% market share, tying with Ford for 9th place. BYD, Geely, and Chery collectively hold 13.5% of global sales, exceeding Volkswagen Group's individual share.

53772 days ago

Deepal Sells 29,213 Units Globally in July, Overseas Up 22.87%

Deepal sold 29,213 vehicles globally in July 2026, up 7.52% YoY, with overseas volume climbing 22.87% MoM. Jan-July global sales reached 193,369 units, while overseas deliveries jumped 87.48% YoY.

30274 days ago

XPeng Overseas Sales Surpass 100,000 Units After 6 Years, Covering 65 Countries

XPeng Chairman He Xiaopeng announced that after 6 years of overseas expansion, XPeng's cumulative international sales have surpassed 100,000 units across 65 countries and regions. In 2025, XPeng delivered 429,445 vehicles, up 126% YoY, with global cumulative sales exceeding 1.2 million units.

77779 days ago

MONA L03 Sells Out on Launch, 2026 WICV XPENG Booth Draws Crowds

XPENG launched the MONA L03 globally on July 16, 2026, in Munich. Priced from 123,800 yuan in China and 35,600 EUR in Germany, the model is expected to achieve 30-40% overseas sales ratio, making it a key pillar of XPENG's international expansion strategy.

67489 days ago

BYD Stock Surges 20% in July, Overseas Sales Boom Drives Market Cap Recovery

In July 2026, BYD's A+H shares rebounded over 20% from June lows, outperforming the broader market. Key drivers include booming overseas sales, a new product cycle, and mass production of Flash Charge technology. However, domestic sales falling 21.94% YoY remains a concern.

102990 days ago

Great Wall Motor's H1 Net Profit Expected to Plunge 60%, Overseas Subsidies and FX Key Drivers

Great Wall Motor expects H1 2026 net profit to drop 58.97%-62.92% YoY, mainly due to deferred overseas tax subsidy recognition and foreign exchange volatility. However, H1 sales reached 5.839 million units (+2.48% YoY), with overseas markets at 2.914 million units remaining a bright spot.

64993 days ago