New energy vehicles (NEVs) have become the primary engine driving China's rapidly rising automobile exports, according to the latest industry data released recently by the China Association of Automobile Manufacturers (CAAM).
In the first two months of 2026, China exported 1.35 million vehicles, up 48.4 percent year on year, data showed.
NEVs stood out as the core contributor. The exports of NEVs totaled 583,000 units from January to February, surging 110 percent from a year earlier and accounting for more than 40 percent of China's total auto exports.
Chinese automaker Geely stated that it has seen a surge in its NEV output from January to February and its manufacturing facilities in Ningbo City, east China's Zhejiang Province, are currently ramping up output of NEVs for export to international markets, including Kyrgyzstan.
"In the first two months of 2026, Geely's cumulative NEV sales reached 242,000 units, maintaining positive growth for two consecutive months. The single-month sales of NEVs in February were 117,000 units, with a year-on-year growth of 19 percent, and the NEVs' penetration rate reached 57 percent," said Li Yuxi, director of international business of Geely Auto. Li also stressed that new energy products have injected fresh momentum into the company's globalization strategy and have emerged as the leading driver of industry growth.
"In 2026, we will launch over 10 new NEV models. We will fully implement Full-Domain AI 2.0, and also establish the entire logistics network and overseas knock-down assembly capacity," he continued.
According to Ningbo Customs, the city recorded NEV exports worth 6.82 billion yuan (around 990.29 million U.S. dollars) in the first two months of this year, up 312.6 percent year on year.
"In January and February, Zhejiang Province exported 98,000 units of NEVs, a year-on-year increase of 98.4 percent. The export markets covered 125 countries and regions around the world. NEVs exported from Ningbo were worth 6.82 billion yuan, with a year-on-year increase of more than three times," Zheng Linlin, deputy director of the tariff department at Ningbo Customs, explained.
NEVs become important driver for China's auto export growth
