# Porsche

China’s EV Juggernaut Shifts Gears: Exports Hit Record Milestone as Domestic Market Cools

China's NEV exports reached a record 50.2% share of total auto exports in March 2026, while domestic penetration hit 51.5%. Despite a decline in overall retail volume and pressure on legacy luxury brands like Porsche, the surge in Global South exports is emerging as the industry's new growth engine.