China Car Exports

China will implement an export license management system for pure electric passenger vehicles, effective January 1, 2026.

NEVs contributed 41 percent of China's total vehicle exports from January to June, an increase of 7 percentage points compared to the same period last year.

Chery is set to reach a cumulative total of 5 million car exports later this month, becoming the first Chinese automaker to achieve this milestone.

The US has finalized rules to crack down on Chinese and Russian tech in connected cars, effectively banning smart cars from both countries from entering the US market.

China's export growth for BEVs is expected to slow to 9 percent this year, with its contribution to passenger car exports falling to 19.0 percent in 2024 from 22.5 percent in 2023, Canalys said.

By the end of August, Tesla had exported a total of 966,945 vehicles from China, according to data compiled by CnEVPost.

The software ban would go into effect for Model Year 2027, and the hardware ban would take effect for Model Year 2030, or January 1, 2029 for units without a model year.

China urged the US to immediately correct its wrongdoings, saying the country will take resolute measures to defend its rights and interests.

The US government is set to impose new, targeted tariffs on some key sectors, including Chinese EVs, batteries and solar equipment, according to Bloomberg.

Xpeng had overseas sales of 1,783 units, Nio 388 units and Leapmotor 271 units in the first quarter.