The semi-annual reports for 2026 reveal that, while the overall revenues of listed auto companies (encompassing both A-shares and H-shares) have witnessed growth, their profitability has exhibited notable variations. The domestic new energy vehicle (NEV) market is characterized by intense competition, and fluctuations in raw material prices are posing significant challenges to the operational resilience of auto companies. As a result, some firms are grappling with a scenario where 'revenue is on the rise, yet profits remain stagnant.' Nevertheless, the tide of automotive overseas expansion is surging forward, with overseas markets emerging as a pivotal driver for auto companies to stabilize their revenues and restore profitability.
