China's Customs: Domestic EV Brands Account for 59.5% of Exports in First Three Quarters
Deputy Commissioner Wang Jun of China's General Administration of Customs stated on October 13 that as the country accelerates cultivation of new manufacturing dynamics and advantages, emerging technologies and products continue to emerge. During the first three quarters of 2025, China exported high-tech products worth RMB 3.75 trillion, representing an 11.9% increase and contributing over 30% to the overall export growth. In recent years, Chinese electric vehicles and agricultural machinery have demonstrated steadily rising proportions of domestic brands in export figures. Specifically, the first three quarters of 2025 saw these ratios reach 59.5% and 40.2% respectively, showing significant improvement compared to the same period last year.
Geely Holding Group Reports Record 2.95 Million Sales in First Three Quarters
Geely Holding Group announced on October 13 that its total sales for the first three quarters of 2025 reached 2,953,452 vehicles, marking a 29% year-on-year increase. New energy vehicle sales surged to 1,590,866 units, growing 68% annually. Both total sales and NEV sales achieved historic highs. The third quarter alone saw 1,020,913 vehicles sold, up 28% year-on-year, while NEV sales during the quarter reached 588,110 units, representing a 59% increase.
Aridge Secures Middle East Order for 600 Flying Cars
Aridge, formerly known as XPeng AeroHT, revealed on October 13 that it has secured its first Middle Eastern order for 600 flying vehicles through agreements with UAE's Ali & Sons Group, Qatar's Almana Group, Kuwait's AlSayer Group, and the Chinese Business Council in UAE. Du Chao, Chief Financial Officer and Vice President of Aridge, noted that the Middle East offers not only forward-looking policies and substantial industrial support but also highly receptive consumer attitudes toward future mobility solutions. The company plans to enter Middle Eastern markets as early as 2027.
*(Exchange rate: RMB 7.1 = USD 1)*