China's car exports surged in 2025, but domestic demand slowed

HONG KONG (AP) — China’s auto exports surged 21% in 2025, driven by rising shipments of electric vehicles, while domestic demand slowed, an industry association said Wednesday. Confronted with grueling competition in an overcrowded domestic market, Chinese auto manufacturers have stepped up sales around the globe. As they expanded further into overseas markets last year, exports of new energy vehicles such as EVs and plug-in hybrids doubled from the previous year to 2.6 million units, according to the C ...