China's EV Exports Surge 80% as Domestic Car Sales Slump Amid Fierce Price Wars

As Chinese EVs expand global footprint, banks raise export forecasts

Spurred by the rising popularity of electric vehicles (EVs), Chinese carmakers are consolidating their foothold in the global auto market, prompting international banks like Goldman Sachs to significantly raise their export forecasts. Buoyant overseas shipments have also effectively created a cushion against falling domestic deliveries and an expected overall sales decline for Chinese automotive groups including BYD and Xpeng, analysts said. “China’s new-energy vehicle exports have been...

Porsche’s first-half deliveries fall 16%, China sales plunge nearly one-third

Driven by pressure in the Chinese market and the expiration of US electric vehicle tax credits, Porsche delivered 122,306 vehicles worldwide in the first half of 2026, down 16 year over year. Deliveries in China plunged nearly one-third from a year earlier, which Porsche attributed to challenging market conditions and its continued focus on a []

Best-selling new cars of 2026 so far as cheap Chinese brands and switch to electric creates a market shift

Best-selling new cars of 2026 so far as cheap Chinese brands and switch to electric creates a market shift

High oil prices drive a surge in Chinese electric vehicle sales, but charging networks lag behind

The war in Iran has helped reshape the global electric vehicle market, giving Chinese automakers an opening across the developing world as fuel prices surge

Sektor automotif diunjur kekal sederhana

PETALING JAYA: Sektor automotif dan komponen dijangka kekal sederhana berikutan risiko pendapatan yang dipengaruhi persaingan pasaran yang semakin sengit serta pergerakan kadar pertukaran asing yang tidak memihak kepada pengeluar kenderaan, menurut CIMB Research. Bagaimanapun, firma penyelidikan menjangkakan jumlah keseluruhan industri (TIV) akan mencatat prestasi lebih kukuh pada separuh kedua tahun kewangan 2026, disokong oleh kesinambungan ... Read more The post Sektor automotif diunjur kekal sederhana appeared first on Utusan Malaysia.