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The
export licenses, required from Jan. 1, are intended to “promote
the healthy development of the new energy vehicle trade,” the
ministry said in a statement.
The controls come as Beijing is trying to rein in the electric
vehicle sector in the world’s largest auto market.
China is also the largest car exporter, selling about 5.5
million vehicles abroad last year, of which nearly 40% were EVs.
The United States and European Union members are among countries
to have imposed tariffs on made-in-China electric vehicles,
saying that government subsidies have given them an unfair
advantage.
In recent months, Beijing has been trying to address concerns
about oversupply and a debilitating price war between its EV
makers. Critics say the EV market is plagued by “involution,” a
term to describe companies and industries engaged in meaningless
competition that leads nowhere.
In particular, market leader BYD came under criticism earlier
this year when it launched a new round of price cuts, and
several competitors followed suit. Wei Jianjun, the chairman of
Great Wall Motors, warned the industry could come under threat
if it continues on the same trajectory.
Nevertheless, China’s domestic EV sector saw record sales in the
first half of 2025, with EVs making up more than 50% of total
passenger vehicle sales.
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