Chinese Brands' Overseas Sales Hit 410,000 in April 2026, Up 60% YoY

In April 2026, Chinese domestic brands sold 410,000 vehicles overseas, a 60% year-on-year increase. From January to April, their cumulative overseas sales reached 1.51 million units, up 58% year-on-year. By region, Chinese brands performed exceptionally well in the Russian market. Their market share exceeded 20% in both Oceania and Africa, stood at around 15% in Central and South America, the Middle East, and Southeast Asia, reached 7% in the European Union, and remained virtually zero in the United States, Japan, and South Korea. During the same period, Chinese new energy vehicles (NEVs) accounted for 61% of the global NEV market—79% in the Southern Hemisphere, approximately 46% in Southeast Asia and West Asia, and 17% in Europe. Automakers such as BYD, Geely, Chery, and SAIC significantly increased their market shares in Oceania and Southeast Asia, exerting competitive pressure on Japanese brands like Toyota, Honda, and Suzuki in these regions. China’s automotive export strategy has gradually matured, evolving from initial knock-down (KD) assembly models to diversified approaches including localized production and overseas acquisitions.