BYD, Chery and Geely Drive August Exports to Records?China's EV Supply Chain Pushes Abroad-Downstream

Highlights

• BYD exported a record 189,466 NEVs in August, up 134.5% year over year, as overseas revenue exceeded half of first-half totals.
• Chery exported 196,984 vehicles representing 70% of its August sales, while Geely's overseas shipments surged 205% year over year.
• Every Chinese EV exported carries embedded demand for NdPr, dysprosium, terbium, lithium, and graphite through China's integrated supply chain.
• Western critical-mineral projects now compete not just on production cost but against China's vertically integrated domestic customer base absorbing massive volumes.
• Leapmotor surpassed 100,000 monthly deliveries for a second consecutive month, backed by Stellantis for international distribution.