China's monthly car exports surpass one million units
EconomyComments
who owns the recycling patents?
The idea that this is just genuine demand ignores the reality of charging infrastructure in many of these export markets. You cannot simply sell a million EVs to countries that do not have the grid to support them.
Internal production capacity in China currently far exceeds domestic consumption rates. The surplus is mathematically inevitable, regardless of infrastructure gaps.
What about the battery lifecycle... if they are exporting this many cars, does that mean they are also securing the recycling loops for those batteries in foreign ports? That would be a huge geopolitical shift...
It is worth noting that much of this volume is heading to Southeast Asia and Latin America. These regions are leapfrogging older internal combustion tech, which makes this growth more about modernization than market destabilization.