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China's NEV industry pivots from pure exports to localized operations and ecosystem partnerships. H1 2026 exports reached 2.355M units, up 120% YoY per CAAM, as BYD, GAC and XPENG expand tech licensing and local manufacturing.

China's new energy vehicle industry is shifting from product exports to localized operations and ecosystem-driven partnerships, with H1 2026 exports reaching 2.355 million units, up 120% year on year per CAAM data, while major automakers including BYD, GAC and XPENG expand technology licensing and local manufacturing.

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