China's Auto Exports Reach 7.33 Million Units in Jan-Nov 2025, Up 25% YoY

Stock News17:05

China's automobile exports totaled 7.33 million units in the first 11 months of 2025, marking a 25% year-on-year increase, according to industry data. In November alone, exports reached 810,000 units, up 48% YoY though down 2% month-on-month.

New energy vehicle (NEV) exports showed particularly strong performance, with 350,000 units shipped in November (up 156% YoY) and 3.01 million units during January-November (up 62% YoY). Plug-in hybrids and hybrids have emerged as new growth drivers, especially in commercial vehicle segments.

Key export markets: - Top destinations in November: Mexico (90,212 units), Russia (61,881), UAE (53,114), Brazil (29,231), Australia (26,121) - Largest YoY growth contributors: Mexico (+54,705 units), UAE (+22,877), Algeria (+19,213), Brazil (+18,620), Australia (+13,252)

For NEVs specifically: - November top markets: Mexico (48,172), UAE (25,895), UK (19,191), Indonesia (18,337), Brazil (15,709) - January-November leaders: Belgium (262,248), Mexico (199,041), UK (194,473), Philippines (185,834), Brazil (179,302)

The export structure shows shifting trends: - November 2025: BEVs 26%, PHEVs 17%, hybrids 6%, ICE vehicles 40% - Jan-Nov 2025: BEVs 28%, PHEVs 13%, hybrids 6%, ICE vehicles 43%

Regional highlights: - Anhui province led domestic export regions with 1.06 million units - Middle East, Africa and Oceania markets performed strongly - Russian market exports declined significantly despite stable domestic sales

Major automakers including Chongqing Changan Automobile Company Limited and Byd Company Limited maintained solid performance in key markets. The industry outlook remains positive given China's improving product competitiveness and diversified market presence.

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