China EV makers go global as price war at home bites and margins vanish fast

Exports surge as domestic demand tightens and pricing crushes profits

China’s EV industry is ramping up overseas sales as a saturated domestic market and a brutal price war squeeze profits at home. Car exports are rising sharply, pushing firms like Xpeng to seek global growth and targets where over half of revenue comes from outside China within a decade. The race also stretches toward advanced tech such as robotaxis and flying cars.