Chinese EV Exports Are Soaring, With Big Gains In Mexico And Europe

"It certainly seems to be working, according to November's data shared by the Chinese government and reported on by Bloomberg. Last month, China exported 87% more EVs than it did in November 2024, reaching nearly 200,000 units. It has exported just shy of 2 million EVs in the first 11 months of 2025. Asia is still the number one destination for these China-built plug-ins, but other markets are seeing much more rapid growth."

"Bloomberg notes that 19,344 EVs were delivered to Mexico in November alone, a 2,367% increase over the same month in 2024. This brings the total number of new Chinese EVs exported to the country this year to 96,194, up 150% from 2024. BYD launched a slew of new models and is now the EV leader in Mexico, aiming to more than double its 2024 sales to 100,000 units by the end of this year."

"Exports to Europe are also growing, with over 42,000 units in November and more than 600,000 this year, a 12% increase over 2024. More Chinese EVs entered Europe this year, even though they face a combination of import tariffs (over 40% for some manufacturers), markups and market-specific changes that make the same car sometimes cost over 50% more than in China."

China exported nearly 200,000 electric vehicles in November 2025, an 87% increase from November 2024, and has shipped just under 2 million EVs in the first 11 months of 2025. Asia remains the top destination for China-built plug-ins, while Europe imported more than 600,000 Chinese EVs year-to-date, a 12% rise. Latin America and the Caribbean saw rapid growth driven by Mexico and Brazil, with Mexico receiving 19,344 EVs in November and about 96,194 year-to-date. BYD introduced affordable models, became the EV leader in Mexico, targets roughly 100,000 sales and is seeking a manufacturing site. Domestic EV demand in China shows signs of slowing, pushing automakers to emphasize exports.

Read at insideevs.com