China EV Exports Surge 87% in November
Moz Farooque ACCA
Mon, December 29, 2025 at 12:15 PM EST
1 min read
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This article first appeared on GuruFocus.
China's electric car makers had a massive overseas month in November, and the numbers make it hard to ignore. Exports jumped 87% from a year earlier to just under 200,000 vehicles, showing how fast Chinese brands are pushing beyond their home market.
Mexico was the real shocker. Shipments there exploded more than 2,300% year over year, hitting about 19,300 vehicles as Chinese automakers quietly ramped up deliveries. Asia stayed the biggest destination overall, taking in more than 110,000 EVs, while Europe absorbed nearly 43,000 units despite louder political pushback and trade scrutiny. Exports to the EU alone rose 39%.
Latin America is also coming into focus, with shipments to the region up 283%. For companies like BYD (BYDDY), Nio, and XPeng (NYSE:XPEV), exports are quickly becoming essential as competition inside China heats up and price wars squeeze margins. China's EV boom isn't slowing down it's spreading worldwide, faster than most expected.
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