[vehicle exports] News & Updates

Geely Holding Q1-Q3 Sales Exceed 3 Million, NEV Penetration Reaches 59.7%

Geely Holding announced sales of 3,002,640 vehicles in the first three quarters of 2026, a record high; NEV sales reached 1,792,617, up 12.6% year on year, with a penetration rate of 59.7%. Among them, Geely Auto recorded cumulative sales of 2,235,481 vehicles, including 1,326,364 NEVs, up 14% year on year. NEVs accounted for 71.5% of Lynk & Co's sales, while Zeekr delivered 288,404 vehicles, up 101% year on year. Overseas exports totaled 797,670 vehicles, up 169% year on year, of which NEV exports reached 484,086, accounting for 61% of total exports, indicating that its growth momentum is shifting from scale expansion to structural upgrading.

24020 hours ago

China's Commerce Ministry Opposes EU Request for Voluntary Limits on Hybrid Vehicle Exports

On September 18, 2026, China's Ministry of Commerce responded to the China-EU hybrid vehicle trade dispute, explicitly opposing the voluntary export restraints proposed by the EU and saying they seriously violate WTO rules. Previously, the EU asked China to voluntarily limit hybrid vehicle exports to Europe, otherwise it might impose higher tariffs. Data show that EU imports of hybrid vehicles from China rose from 3,800 units in October 2024 to 50,000 units in July 2026. The EU hopes to limit this share to about 15%, but it has already exceeded one third. In the same period, China's August vehicle exports reached 1.01 million units, up 65.3% year on year, of which new energy vehicle exports were 526,000 units, up about 130% year on year. Overseas markets have become an important growth support, and China-EU trade issues have also extended from pure electric vehicles to hybrids and localized production.

46427 days ago

August NEV Exports Up ~130%; 15th Five-Year Plan Targets 70% Passenger Vehicles

Data from CAAM show that in August 2026, China's new energy vehicle sales reached 1.643 million units, up 17.8% year on year, accounting for 60.6% of total vehicle sales. Of these, exports were 526,000 units, up about 130% year on year, while domestic sales were 1.118 million units, down 4.6% year on year, intensifying the divergence between domestic and external demand. During the same period, the Ministry of Industry and Information Technology and nine other departments issued the 15th Five-Year Plan for intelligent connected new energy vehicles, proposing that by 2030 new energy vehicles account for 70% of new passenger vehicle sales and 40% of new commercial vehicle sales, and strengthening capacity monitoring, mergers and reorganizations, and supervision of competitive order, which will continue to affect the pace of domestic consolidation and overseas expansion in the industry.

42130 days ago

BMW iX3 Long-Wheelbase 30L Enters MIIT Notice, Priced from 269,900 Yuan, November Delivery

The entry-level model of BMW's Neue Klasse iX3 long-wheelbase version, the iX3 30L, has entered the Ministry of Industry and Information Technology's 411th batch of new product public notice catalog. It is produced at BMW Brilliance's Shenyang plant and has opened pre-sales at the Chengdu Auto Show. The three models are priced from RMB 269,900 to RMB 339,900 and will be delivered in November. Regulatory filing information shows it is equipped with a 235 kW motor and a lithium iron phosphate battery from CATL's Yibin base, has a wheelbase of 3,005 mm, and adopts localized configurations such as Momenta end-to-end intelligent driving, Huawei HiCar, and Alibaba's large model. This case shows that Chinese battery and intelligent driving capabilities are deeply entering the core models of multinational automakers.

52031 days ago

vehicle exports

Geely Holding Q1-Q3 Sales Exceed 3 Million, NEV Penetration Reaches 59.7%

China's Commerce Ministry Opposes EU Request for Voluntary Limits on Hybrid Vehicle Exports

August NEV Exports Up ~130%; 15th Five-Year Plan Targets 70% Passenger Vehicles

BMW iX3 Long-Wheelbase 30L Enters MIIT Notice, Priced from 269,900 Yuan, November Delivery

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