
Chinese Car Exports Drive Global EV Surge
Chinaโs car exports hit 2.49M by May, with NEVs soaring 64.6%. Industry insiders at Shanghai’s NEV forum eye continued surge and push for localization.
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Chinaโs car exports hit 2.49M by May, with NEVs soaring 64.6%. Industry insiders at Shanghai’s NEV forum eye continued surge and push for localization.
The Chinese mainland’s auto market accelerated in April 2025 with 1.7M vehicle sales, up 14.5%, as EVs hit a 51.5% penetration rate, driven by policy support and shifting consumer demand.