# China’s electric vehicle (EV) export machine surged into overdrive in March, with overseas shipments more than doubling to a record 349,000 units.

*business · news · 2026-04-10 · Firstpost*

## Key points

- China's EV and hybrid exports surged 140% year-on-year in March to a record 349,000 units.
- BYD accounted for about one-third of March's exports and is targeting Europe's luxury EV market.
- China's domestic EV and hybrid sales fell 14% in March, marking a third consecutive monthly decline.
- Mercedes-Benz China sales dropped 27% in Q1, highlighting Western automakers' struggles against local EV competition.
- The current energy crisis is accelerating global EV adoption, compressing a multi-year transition into a shorter timeframe.

**Companies:** BYD, Geely, Chery
**Countries:** China, Iran, UK, Germany

[Read the full story on Firstpost](https://www.firstpost.com/business/china-ev-exports-iran-war-oil-shock-global-demand-byd-geely-chery-13998785.html)

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