China exports 199,836 EVs in November 2025, lifting annual shipments to 1.98 million

China's electric vehicle makers exported 199,836 cars in November 2025, taking total overseas shipments this year to 1.98 million units, with volumes up 87% year-on-year. Mexico became the largest monthly destination with 19,344 vehicles and a 2,367% surge, while Leapmotor agreed to sell a 3.74 billion yuan stake to FAW Group as competition and profit pressure intensify at home.