Stricter Controls on Illegal New Car Export, More Space for Legitimate Used Cars, and Emerging Opportunities for International Model New Cars
Zhijun Zhao · 2025-11-30
cls · 2025-12-25

Chery Plans Largest ASEAN Plant in Vietnam with Mid-2026 Launch
Nikkei Asia reports that Chinese automaker Chery will construct its largest automotive plant in Southeast Asia in Vietnam, commencing in 2026. The facility represents a total investment of up to USD 800 million, with an initial annual production capacity between 30,000 and 60,000 vehicles. Full operational status by 2030 is projected to achieve an annual output of 200,000 units. Chery's overseas brands, Omoda and Jaecoo, plan to launch 16 new models in Vietnam during 2026, encompassing internal combustion engine, hybrid, and pure electric vehicles, with an annual sales target exceeding 10,000 units.
PCA's Cui Dongshu: China's NEV Exports Outperform Expectations in First 11 Months
Passenger Car Association Secretary-General Cui Dongshu stated on December 23 that China's automotive exports reached 810,000 units in November 2025, marking a 48% year-on-year increase despite a 2% sequential decline. Cumulative exports from January to November totaled 7.33 million vehicles, growing 25% annually. New energy vehicle exports specifically surged to 350,000 units in November, up 156% year-on-year, bringing the eleven-month total to 3.01 million units—a 62% increase that exceeds earlier market projections.
Hunan Province's EV Export Value Surpasses RMB 10 Billion Annually
Recent data from the General Administration of Customs reveals that Hunan Province's electric vehicle exports exceeded RMB 10.7 billion (approximately USD 1.5 billion) in the first eleven months of 2025, representing a 105.3% year-on-year growth—the first time the region's annual EV export value has crossed the RMB 10 billion threshold. The exports demonstrated particularly strong performance in emerging markets, showing significant growth to Belt and Road partner nations, other BRICS countries, and ASEAN member states.
Waymo Announces Fleet Upgrade to Enhance Navigation During Power Outages
On December 24, Waymo announced it will implement a technical upgrade across its autonomous vehicle fleet to improve navigation capabilities during potential power failures. The company emphasized its ongoing commitment to developing self-driving systems adaptable to real-world road conditions, including scenarios where public infrastructure experiences operational disruptions. This enhancement aims to ensure continued vehicle functionality and safety during electrical grid instability.
*(Exchange rate: RMB 7.0 = USD 1)*
Quanzhou
2024.0815,000kmPetrol
Hangzhou
2021.0648,000kmPetrol
Hefei
2023.0939,000kmPetrol
Shanghai
2019.1260,000kmBEV
Guangzhou
2022.0980,000kmPetrol
Jinhua
2025.12300kmPHEV
Shenzhen
2024.114,000kmBEV
Shanghai
2021.0569,000kmPetrol
China Auto Daily丨Chery Plans $800M ASEAN Plant in Vietnam Launching Mid-2026
Chery invests $800M for Vietnam plant with 200,000 annual output by 2030. China's NEV exports soar 62% YTD. Hunan EV exports surpass RMB 10B. Waymo boosts self-driving tech.
cls · 2025-12-25
First Time: China’s Monthly NEV Sales Exceed 50% of Total Vehicle Sales in October
China’s October auto sales hit 3.32 million units, with new energy vehicles (NEVs) surpassing 51.6% market share, reflecting strong growth amid 32.7% year-on-year sales rise for NEVs in January–October.
CAAM · 2025-11-12
China Auto Daily丨BAIC Group to Begin B30 SUV Assembly in South Africa Early 2026
BAIC starts B30 SUV assembly in South Africa; SAIC debuts IM LS9 flagship SUV; GWM launches ORA 5 EV pre-sales; global EV sales grow 23% in October 2026.
cls · 2025-11-13
China Auto Daily丨Leapmotor Lafa5 Pre-sales Begin, Priced from RMB 105,800
Leapmotor starts Lafa5 pre-sales; Changan cuts A06 EV prices; China's used car market grows to RMB 946.2 billion in Q1-Q3 2025.
cls · 2025-11-10