Export Data Highlights

Chery Group

- July 2026 export sales exceeded 100,000 units

- Export accounted for over 50% of monthly sales volume

- Strong growth momentum continues across international markets

BYD

- July 2026 new energy export: 174,900 units (all-time high)

- Total July sales: 403,500 units (industry leader)

- Light truck T5: First batch of 30 units delivered to Dalian Wujia

- Year-over-year growth in NEV sector: +260% (commercial vehicle segment)

JAC Motors (江淮)

- Sales growth rate accelerated in July compared to June

- Steady performance in overseas markets

Foton Motors (福田)

- Maintained 1 position in light truck segment

- Active in new energy commercial vehicle development

Industry Overall

- Commercial vehicle exports (Jan-May 2026): 616,400 units, +42.23% YoY

- New energy passenger vehicle exports (July): 540,000 units, +147% YoY

- NEV penetration rate reached ~66% in July 2026

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?? Electric Drive Axle & Lightweighting Trends

Industry Developments

- New production project: 150,000 sets/year high-efficiency electric drive axle system approved in Baoding

- Strategic partnerships accelerating: SAIC-GM-Wuling chassis team signed cooperation with Wuling

- BYD and Sinopec joint venture: Flash charging station construction progressing rapidly

Policy Updates

- Ministry of Industry and Information Technology conducted production consistency inspections at Chery, NIO, and JAC

- New energy vehicle vehicle & vessel tax exemption to be cancelled from 2027 (15-year policy ending)

- New national standard for EV battery safety (effective July 1, 2026): Mandatory "no fire, no explosion" requirement

Technology Trends

- NEXT ERA heavy-duty truck: 5,080km real-world freight validation completed on Northwest trunk routes

- Cold chain logistics enterprises adopting advanced electric axle technology for cost efficiency

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?? Key OEM Activity

| OEM | Key News |

|-----|----------|

| Chery Jaguar Land Rover | First mass-produced model of Shenxing 8 rolled off line in Changshu; officially retiring from ICE era |

| Xpeng | MONA L03 pre-sales started at RMB 140,000+ |

| Changan + Huawei | Deepened strategic cooperation on AI big models & digitalization |

| Yutong Bus | H1 2026 revenue: RMB 16.7 billion |

| Beijing Red Truck | New heavy-duty EV "Dream EV" launched |

| Remote | 600,000 NEV milestone achieved; ecosystem conference showcasing future strategy |

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?? Top 5 Stories This Week

1. NEV Penetration Hits 66% — July 2026 sees record NEV sales of 1.3569 million units (+29.18% YoY)

2. Chery Breaks 100K Export Mark — July exports exceed 100,000 units for the first time

3. BYD Tops 403,500 Monthly Sales — 174,900 units exported, new record

4. Battery Safety Standard Tightens — "No fire, no explosion" becomes mandatory national requirement

5. NEV Tax Incentive Ending — Government announces cancellation of vehicle & vessel tax exemption from 2027