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China: China's new energy vehicle export speeds up

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Storyline: China's new energy vehicle export speeds up [Voice_over] This ship has come from Malay sia to carry new cars back. Brand new Chinese models such as BYD and Geely. [Stand_up] Chen Tong, Reporter: "Over 2,000 cars are being loaded onto this ship. Most of them new energy vehicles. Their destination — Southeast Asia." [Voice_over] Shanghai's Haitong Port in Lingang New Area is a professional auto terminal with at least two ships berthing every day to receive new vehicles. In May, for example, 72,000 cars exported via the terminal, a historical high. The number of Chinese brands exported saw a year-on-year growth of over 400 percent. [Sound_bite] Gong Liang, Dispatch Manager, Shanghai Haitong Terminal: "We export between 3,000 and 4,000 cars every day. We are working 24 hours." [Voice_over] China's new energy capabilities are impressing foreign consumers, but the next task for car makers is localizing products for different regions. At the 2025 Global New Energy Vehicle Cooperation and Development Forum in Shanghai, NEV brand Xpeng said the next few years will be a golden stage for Chinese NEVs to go abroad and exports will account for half of the firm’s business. In the first quarter of this year, Xpeng's exports jumped by 370 percent year-on-year. [Sound_bite] Tang Zhikun, General manager, International Division of Sales and Service, Xpeng: "The more we sell in different regions, the more localized we should be. For our next step, we will also emphasize our team about the global product planning and the market study so we will have a different region team to do to work with local partner to study the local demand from the customer and try to recognize the differences between different regions, and that will input back to our China head office and to support our new generation product development." [Voice_over] Other industry insiders agree that localization to be next important agenda for Chinese car makers. [Sound_bite] Mathew Vachaparampil, CEO, Caresoft: "There is a term called — glocal — global and local. So I think China needs to master that. BYD is making some inroads there, setting up a new factory in Hungary." [Voice_over] Not only BYD and Great Wall, other Chinese brands including Geely, and MG have also set up their factories overseas. [Restrictions : No access Chinese mainland]

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