In March 2026, automobile production and sales in China numbered 2.917 million units and 2.899 million units, representing MoM increases of 74.4% and 60.6%, respectively, highlighting a notable rebound in market activity, data released by the China Association of Automobile Manufacturers (CAAM) showed.
Automobile production and sales posted a sharp MoM recovery. Experts noted that the rapid MoM growth in March was in line with historical seasonal patterns and was directly underpinned by the full implementation of local subsidy policies, the launch of spring auto show promotions, and the rollout of new vehicle models by automakers.
Data also showed that exports presented better-than-expected growth in March 2026. Automobile exports reached 875,000 units, up 30.2% MoM and 72.7% YoY. Among them, new energy vehicle (NEV) exports amounted to 371,000 units, surging 130% YoY. In 1Q26, exports sustained strong growth. Total automobile exports reached 2.226 million units, up 56.7% YoY, of which NEV exports totaled 954,000 units, representing a 120% YoY leap.
~
AASTOCKS Financial News
Website: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| GEELY (C) |
27625 |
27.82 (-) |
0.173 |
4.8 X |
| GEELY (P) |
28212 |
18.47 (-) |
0.116 |
4.3 X |
| BYD (C) |
19097 |
131.98 (-) |
0.018 |
8.9 X |
| BYD (C) |
25582 |
106.98 (-) |
0.157 |
5.9 X |
| BYD (P) |
22345 |
81.83 (-) |
0.044 |
7.7 X |
| BYD (Bull) |
61013 |
95.1 (96.5) |
0.079 |
13.0 X |
| BYD (Bull) |
56397 |
91.6 (93) |
0.116 |
8.8 X |
| BYD (Bear) |
54812 |
117.4 (116) |
0.129 |
7.9 X |
| BYD (Bear) |
61966 |
113.4 (112) |
0.099 |
10.4 X |
| XIAOMI (C) |
27733 |
41.82 (-) |
0.054 |
7.6 X |
| XIAOMI (C) |
28306 |
38.9 (-) |
0.085 |
7.0 X |
| XIAOMI (C) |
24819 |
37.12 (-) |
0.033 |
5.4 X |
| XIAOMI (C) |
27542 |
35.9 (-) |
0.093 |
3.1 X |
| XIAOMI (Bull) |
61386 |
27.1 (27.5) |
0.023 |
12.6 X |
| XIAOMI (Bull) |
68549 |
25.6 (26) |
0.039 |
7.4 X |
| XIAOMI (Bear) |
65348 |
34.4 (34) |
0.044 |
6.6 X |
| XIAOMI (Bear) |
54537 |
33.4 (33) |
0.036 |
8.1 X |
| LI (C) |
22046 |
96.85 (-) |
0.049 |
4.2 X |
| LI (C) |
27552 |
80.49 (-) |
0.116 |
4.6 X |
| LI (Bull) |
54259 |
59 (63) |
0.092 |
7.3 X |
| LI (Bull) |
55810 |
54 (58) |
0.148 |
4.6 X |
| LI (Bear) |
62825 |
84 (80) |
0.149 |
4.5 X |
| NIO (C) |
23183 |
56.93 (-) |
0.087 |
4.7 X |
| XPENG (C) |
27975 |
78.93 (-) |
0.119 |
2.6 X |
| TSLA (C) |
11134 |
490 (-) |
0.290 |
5.6 X |
| TSLA (P) |
11135 |
330 (-) |
0.640 |
2.6 X |
