The China Passenger Car Association (CPCA) predicts that Chinese automakers' overseas sales are expected to reach a record 12 million units in 2026, a 44% increase from last year's 8.3 million units, and 20% higher than the previous forecast of 10 million units. This growth is attributed to strong export momentum in recent years, particularly the surge in electric vehicle demand following international energy shocks triggered by the Middle East conflict. In the first eight months of this year, overseas deliveries of Chinese vehicles (including passenger cars, buses, and trucks) increased by 51% year-on-year to 7.45 million units; within this, electric vehicle exports grew by 70% year-on-year to 3.46 million units. Major automakers such as BYD and Chery have become strong competitors in markets like Europe and Africa. JPMorgan Chase analysts point out that Chinese automakers can achieve a net profit of 20,000 yuan (approximately $2,975) per vehicle in overseas markets, which is four times that of the domestic market. Beijing issued guidelines for the first time on September 1, requiring Chinese automakers to avoid significant price reductions in overseas markets.