China NEV exports explained with a consistent CAAM history, current 2026 tracker, customs and CPCA definitions, destinations, brands, tariffs and overseas factories.
China NEV retail penetration hit a record 62.9% in May 2026, driven by a 36% collapse in ICE retail sales. NEV retail was flat at ~950,000 units while A00-class NEV sales fell 44% amid expiring incentives.
China NEV exports hit 424,000 units in May 2026, claiming a record 54% of total passenger-car exports. BYD led with 155,944 units as NEV export share crossed the 50% threshold for the first time.