China’s EV makers face slowdown in export growth after doubling in 2025



China’s electric vehicle (EV) exports doubled in 2025 amid rising overseas demand for affordable cars and Beijing’s anti-involution campaign.

The country – the world’s leading EV manufacturer – sold more than 2.6 million units to overseas markets last year, up 104 per cent from a year earlier, according to data from the China Association of Automobile Manufacturers (CAAM) on Wednesday.

“China has gained an advantage through low production costs and advanced battery technologies, making its EVs highly competitive globally,” said Gary Ng Cheuk-yan, a senior economist at Natixis Corporate and Investment Bank.

Consulting firm AlixPartners estimated that the production costs of the world’s top EV maker, Shenzhen-based BYD, were about a third less than those of its rivals in Europe and the United States.

David Zhang, general ­secretary of the Shanghai-based International Intelligent Vehicle Engineering Association, said that the cost advantages were due to China’s dominant supply chain, adding that carmakers in Europe also relied on Chinese exports of components like batteries.

  • Related Posts

    ‘We retrain people’: Zoho’s Sridhar Vembu reacts to AI layoffs

    Days after citing rising AI and server costs to explain why Zoho would not give its usual annual salary increases this year, founder Sridhar Vembu has weighed in on Airtable’s…

    Continue reading
    Anthropic’s $16.8 billion quarter raises the stakes for its planned IPO

    Anthropic’s revenue rose 45 per cent to $16.8 billion in Q3 as reported adjusted profitability strengthens its IPO pitch, with investors weighing its growth against massive AI infrastructure commitments Anthropic’s…

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *