China's carmakers eye record 12 million overseas sales in 2026 as 'go global' plan pays off

rss · SCMP 2026-10-01T06:00:08Z auto
Chinese automotive groups have cause to celebrate their go-global strategy amid breakneck export growth in recent years, with deliveries in 2026 expected to beat expectations already buoyed by an international energy shock caused by conflict in the Middle East. Leading carmakers from BYD to Chery Automobile have doubled down on overseas expansion, with some evolving into powerful contenders in markets such as Europe and Africa, which were once dominated by the likes of Volkswagen. "A sluggish domestic market has been fuelling carmakers' efforts to spur exports," said Cui Dongshu, secretary general of the China Passenger Car Association (CPCA). "The export boom from January to August exceeded our expectations and we saw a hefty sales jump in the European Union and Africa." The government-backed industry body recently forecast that overseas Chinese vehicle sales – which comprise passenger cars, buses and lorries – could top 12 million units in 2026, up 44 per cent from last year's 8.3 million.

Translated from auto by z-ai/glm-5.3-flash

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