China's EV Exports Surge 87% YoY to 199,836 Units in November
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 29 2025- Significant Export Growth: According to China Customs, November saw China's electric vehicle exports reach 199,836 units, marking an 87% year-on-year increase and a 29% rise year-to-date, driving total exports to an unprecedented 1.98 million units, indicating robust global demand for Chinese EVs.
- Mexico's Market Surge: Mexico emerged as the largest destination for Chinese EV exports, importing 19,344 units in November, a staggering 2,367% increase from last year, with total deliveries reaching 96,194 units for the year, up 150%, highlighting strong regional demand for Chinese electric vehicles.
- Uneven Regional Performance: The Asian market absorbed 110,061 vehicles in November, a 71% increase, bringing the year-to-date total to 994,132 units, while Europe also performed well with 42,927 units imported in November, up 63%, contrasting with a 46% decline in North America, reflecting the complexities of market competition.
- Leapmotor Financing Amid Market Pressure: Zhejiang Leapmotor agreed to sell shares worth 3.74 billion yuan (approximately $534 million) to state-owned FAW Group for a 5% stake, illustrating how state-backed companies are absorbing smaller EV manufacturers to stabilize the fiercely competitive market environment.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
