The impact of exporting commercial vehicles

1、 The impact on domestic industries and economy

Boosting industry growth: By 2025, the export volume of commercial vehicles will reach 1.06 million units, breaking through the one million unit mark for the first time, with a year-on-year increase of 17.2%, becoming a key engine supporting the development of the industry.

Promoting structural upgrading: Export forces enterprises to improve product compliance, new energy and intelligence levels. For example, the export of new energy commercial vehicles reached 83000 units, a year-on-year increase of 86.8%; SAIC, BYD and other companies have won the high-end markets in Europe and Australia with their electrification technology.

Optimizing production capacity layout: Faced with weak domestic demand (such as a 9% year-on-year decline in domestic sales in 2024), exports have become an important way to alleviate overcapacity.

Drive the industrial chain to go global: Form an integrated overseas model of "whole vehicle+parts+service", relying on China's complete supply chain to achieve localized production and after-sales support.

2、 The impact on the international market

Reshaping the global competition pattern: with high cost performance and fast delivery, Chinese commercial vehicles occupy a leading position in the "the Belt and Road" countries (such as Russia, Saudi Arabia, Nigeria). In 2023, exports to the "the Belt and Road" countries will account for 78.2%.

Promoting green transformation: China's new energy commercial vehicles (such as Yutong and BYD electric buses) are exported to more than 70 countries, helping to build a global low-carbon transportation system.

Triggering trade policy adjustments: Some countries have imposed tariffs or set technical barriers (such as EU WVTA certification and REACH regulations) to protect their local industries, prompting Chinese companies to enhance their compliance capabilities.