As China’s passenger car market struggles, major automakers like Geely, Chery, and SAIC boost earnings by ramping up exports, with NEV demand playing a key role in growth
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Geely Automobile's booth at the Auto Expo in Nanjing, Jiangsu province, on April 30, 2026. Photo: VCG
Reduced subsidies and tax changes drag down early‑2026 vehicle purchases while exports surge to offset weak domestic demand
Overseas shipments of EVs and plug-in hybrids soar 111% on year in April
The release of 2025 annual reports reveals a sector plagued by overcapacity and historic low profit margins, accelerating a…
Three most profitable carmakers last year all report double-digit profit declines, but rosier export forecast improves outlook.
Breakthroughs in key technologies supporting NEVs boost popularity of Chinese brands overseas.
Most carmakers taking part in the exhibition have either debuted models designed for export markets or announced expansion plans.
