China EV exports jump 120% in February as global demand accelerates

Investinglive
2026.03.26 02:00
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China's electric vehicle (EV) exports surged 120% year-on-year in February, with 320,000 units shipped, contributing to a total of 670,000 NEVs exported in the first two months of 2026, an 88% increase. Overall vehicle exports rose 61% YoY, reaching 1.55 million units. This growth is driven by strong global demand, competitive pricing, and China's manufacturing scale, despite rising trade tensions and potential tariffs from regions like Europe and the U.S. The momentum in NEV exports is expected to continue, reinforcing China's position in the global EV market.