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  • 2026

    Revenue from Carbon Credit Transfers Tops Hundreds of Million RMB: Can EV Exports Accelerate Industry Decarbonization?

    China’s automobile exports reached another record high at 7.098 million vehicles in 2025 , with new energy vehicles becoming the core driver of exports. The dividends from going overseas are extending to “carbon assets”—auto brands such as Leapmotor have earned substantial revenue by transferring carbon credits while Chery has begun to see its overseas-market revenue surpass that of China’s domestic market. Earning a tangible “carbon dividend” is encouraging, but a more far-reaching question lies behind: as automobile exports advance at full speed, and in the face of stringent international green trade rules, can Chinese automakers use this opportunity to accelerate product carbon footprint disclosure, compel decarbonization across the entire industry chain, and strengthen their low-carbon appeal to consumers in China and abroad?
    Publication Date:2026-07-28
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