CPCA's Cui Dongshu said weak domestic demand in October 2026 made export
strength the key driver of auto sales. October passenger-vehicle exports
(complete units and CKD) reached 928,000 units, up 69% YoY, and accounted for
35% of manufacturers' sales versus 19% a year earlier. New-energy
passenger-vehicle exports hit 582,000 units, up 145% YoY; A00 and A0 class
pure-electric models made up 56% of pure-electric exports. Export volumes are
Concentrated in low-to-mid-price mainstream models, boosting volume resilience
for price-and-scale-led domestic brands such as BYD, Chery and Geely, while
firms reliant on high-end or ICE models face greater pressure.
