New vehicle exports from China have hit 4.95 million units in the first 9 months of 2025 marking an annual increase of 14.8%, as per data from the China Association of Automobile Manufacturers (CAAM).
In the month of September alone a total of 652,000 units were exported, marking a new monthly record and beating the August volume of 611,000 units.
On a quarterly basis, the volume in the Q3 period is now at 1.8 million units and up 17.36% y/y. The Q2 quarter saw volume of 1.6 million, which was up 12.9% while the Q1 quarter saw exports of 1.4 million units up 7.3%. So it will be interesting to see whether the final quarter of the year will continue with the upward trend.
By Fuel Type
Analysis of the type of vehicles exported from China shows that 64.8% of the total volume are internal combustion engine (ICE) vehicles or 3.18 million units. While this is the overriding majority the share of NEV or new energy vehicle exports from China is growing.
In the first nine months of the year a total of 1.7 million NEVs were exported from China marking a 35% marketshare of the total, which is 48% more than the volume a year ago. (....)