business / news / / South China Morning Post
Nio, BYD, Chery and Xpeng advance after data shows EV exports more than doubled to just under 1 million in the first quarter.
Chinese NEV exports more than doubled to 954,000 units in Q1 2026.
KEY POINTS
- Total Chinese vehicle exports reached 2.23 million in Q1, up 56.7% year-on-year.
- Chinese EV makers enjoy higher profit margins abroad due to higher overseas prices.
- Strong export growth has eased investor concerns about weak domestic EV demand.
COMPANIES
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