China Exports 1.55 Million Vehicles in Jan-Feb 2026, with NEV Exports Surging 88% YoY

On March 26, Cui Dongshu, Secretary-General of the Passenger Car Association (CPCA), revealed that China exported 1.55 million vehicles in January–February 2026, a 61% year-on-year increase; exports in February alone reached 750,000 units, surging by 79% year-on-year. New energy vehicles (NEVs) stood out particularly, with cumulative exports of 670,000 units in the first two months—up 88% year-on-year—and February exports hitting 320,000 units, a 120% year-on-year jump. Key export markets included Russia, the UAE, Brazil, and the UK, with Brazil, Russia, and the UAE leading in terms of growth. NEVs were primarily shipped to Brazil, the UK, Belgium, the UAE, and Italy. Plug-in hybrid and hybrid models have emerged as new growth drivers, especially plug-in hybrid pickups, which have shown strong performance in the commercial vehicle segment. Cui noted that Chinese NEVs are accelerating their entry into developed markets in the Middle East, Western Europe, and Asia, demonstrating a trend of high-quality overseas expansion.