The latest data released by the China Automobile Industry Association shows that in November 2024, the export volume of complete automobiles reached 549,000 units, a month-on-month decrease of 6.2%, and a year-on-year increase of 4.8%. The export value was 90.7 billion US dollars, a month-on-month decrease of 15.1%, and a year-on-year decrease of 7.8%. Despite maintaining year-on-year growth in export volume, the export value has experienced a "double drop", indicating a declining trend in export prices.

In the first eleven months of last year, the cumulative export volume of complete automobiles from the mainland reached 5.834 million units, with a year-on-year growth of 22.5%; the cumulative export value reached 107.37 billion US dollars, with a year-on-year growth of 15.8%.

Market segmentation shows that the export market for traditional fuel automobiles performed better than that for new energy automobiles. In November 2024, automobile exports totaled 490,000 units, a month-on-month decrease of 9.5%, and a year-on-year increase of 1.6%. In the first eleven months of last year, automobile exports reached 5.345 million units, with a year-on-year growth of 21.2%.