China is set to reduce VAT rebates for exported electric and plug-in hybrid vehicles from 13 percent to 9 percent starting April 1, 2027, to curb aggressive price competition.
BYD remains the top exporter of Chinese new energy vehicles in September 2026 with a 31.1% market share, while Chery and Geely follow in the rankings.
Geely Auto plans to launch its vehicle lineup in Canada in 2027 as the company expands its global presence following record-breaking sales in 2026.
Andrew Burnham is lobbying President Donald Trump to prevent a U.S. diesel export ban as the administration weighs options to curb record-high fuel prices before the September 30 deadline.
European diesel prices hit a 13-year high as the US considers an export ban that could disrupt global energy supply chains.
Xpeng has begun manufacturing right-hand-drive G9L SUVs at its Guangzhou plant, with initial shipments headed to Australia as part of a 64-country global rollout.
Chinese regulators have issued new guidelines for domestic automakers to standardize pricing, marketing, and data security practices as they expand their international supply chains.
Geely has launched its first hybrid D-SUV, the Monjaro EM-i, in Egypt as part of an aggressive global expansion strategy that includes a revised annual export target of 920,000 vehicles.
