China's NEV exports continue to surge, with 80.9% increase in May

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By Chu Daye (Global Times) 13:33, June 10, 2025

The CPCA report noted that despite recent external disruptions, exports of domestic plug-in hybrids (PHEVs) to developing countries are growing rapidly with bright prospects. PHEVs made up 32 percent of all NEV exports in May, compared with a reading of 18.5 percent last year.

From January to April, China accounted for 68 percent of the world's NEV sales growth, with a total of 5.97 million units sold in the period, the report said.

With the domestic and overseas markets combined, NEV sales in the first five months of this year reached 4.35 million units, up 34.1 percent, the data showed.

The report was released on the same day as the General Administration of Customs published foreign trade data for the first five months.

In the period, China's exports of mechanical and electrical products increased by 9.3 percent year-on-year to 6.4 trillion yuan ($890.19 billion), accounting for 60 percent of the country's total goods exports. EVs were among the leading products, with a rise of 19 percent year-on-year.

The EU remained one of the major destinations for Chinese EV exports.

(Web editor: Tian Yi, Liang Jun)