Going out to sea is actually a great medicine for anti-inner rolls? When it comes to inner rolls, automobiles are definitely a top-ranking industry. After all, now, in China, selling a car for 200,000 yuan only earns 3,000 yuan. Then someone must have said, go to sea ah, takeaway cars are super profitable, you see BYD, Geely, Chery all ran to build the factory, Wei Xiaoli also went out, millet next year also want to run into the venue. Let's talk today. Is the overseas car market a blue ocean? Who among our Chinese car companies is the fastest on the way out to sea? What problems will everyone encounter in the process of going to sea, and how will car companies deal with them? How are car companies doing overseas? As is customary, let's look at the data first. According to data from the China Automobile Association, in June this month, automobile exports reached 1.04 million units, an increase of 75% year-on-year, and the monthly export volume exceeded 1 million units for the first time. If we just look at the growth rate, since the surge in oil prices in March, the growth rate of China's automobile exports has suddenly accelerated, and the growth rate in the next few months has remained above 70% as a whole. It can be said that the surge in oil prices has indeed helped Chinese car companies and opened up overseas markets. Looking at the proportion of exports in total sales, it is also from about 20% last year, all the way up to 35% this year, especially since April, the proportion has continued to exceed 35%, that is to say, for every 100 cars sold in China, 35 cars have been sold abroad. In the first half of this year, 5.1 million vehicles were exported, an increase of 65% year-on-year, which is also the first time in history, and the export volume in the half year exceeded the mark of 5 million vehicles. You know, the overall total export growth rate is 17%, the growth rate of automobile exports has reached a staggering 54%, and automobiles have become a new growth engine for exports. The total annual vehicle exports in 2025 reached 142.4 billion US dollars. In the first half of 2026 alone, the export value of the vehicle has reached 91.8 billion US dollars, equivalent to more than 600 billion yuan. More importantly, overseas car delivery is the main means for car companies to increase profits. Because Europe not only makes a lot of money, but the market is also large enough to be described as a place where soldiers must fight, and it is not too much. Who goes out to sea the fastest? Which car companies run the fastest in overseas markets where they make so much money? Ranking first is Chery, which exported 939,000 vehicles in the first half of this year, up 71% year-on-year. Chery exports accounted for 74% of total sales, which means that nearly three-quarters of cars have been sold overseas, and overseas markets have become the base of Chery, as well as the ballast stone of profits. BYD followed closely, with overseas sales of 792,000 units, up by about the same amount as Chery. However, unlike Chery, the annual production capacity of BYD's overseas factories is currently about 800,000. According to data from Huachuang Securities, localized production has made the profit margin of bicycles 8 to 12 percentage points higher than that of pure export models. In the future, with the production capacity of overseas bases climbing, BYD's profit margin will likely increase. SAIC's export volume was 677,000 vehicles, an increase of 49% year-on-year. The overseas market mainly relies on the famous brand, which is in Europe, and has won the "European sales champion of Chinese brands" for 11 consecutive years. Geely ranked fourth, with overseas sales of 585,000 units, a sales increase of nearly 1.5 times. The main reason for Geely's surge in overseas markets is that new energy vehicles sold nearly six times more than last year. Geely now has six NEVs for every 10 cars it exports. Changan and the Great Wall ranked fifth and sixth, with sales of 455,000 and 291,000 units, respectively. Overall, the top 10 car companies in the first half of this year's export performance is very bright. After all, for the top car companies, going to sea is no longer a "icing on the cake" plus, but a must, through the high gross profit margin overseas, to reverse the 1.5% profit margin in the domestic market. Of course, the road to the sea is also difficult to take, and the road overseas is not always easy to take. The biggest problem is that tariff policy has been changing. From October 2024, the EU will impose a final countervailing duty on pure electric vehicles in China for a period of five years, that is, an additional tax burden ranging from 7.8% to 35.3% in addition to the 10% basic tariff. Because tariffs are only imposed on pure electric vehicles, Chinese car companies have also learned to be smart, and cars exported to the EU have turned to plug-in hybrids. In June this year, the EU also planned to expand the scope of countervailing duties to plug-in mixers. Brazil is demanding a uniform increase in tariffs on imported electric vehicles to 35% from July 1. Source: Ministry of Commerce Thailand has a "production capacity bet", requiring 2 vehicles to be produced locally for every 1 vehicle imported. In the face of these barriers, the response of car companies is not to retreat back to China, but to continue to dig deeper overseas. Through a reverse joint venture, Chery directly took over the original Nissan Spain factory and operated a joint venture with the local automaker Efro Automobile Group. Chery's approach is: first use the local brand EBRO to break the ice, establish local production qualifications and government relations, etc., and then gradually introduce its own Oumengda brand into it. In this way, what Europeans see is that the old Spanish brand has been revived and the acceptance of the people is higher. BYD is betting on wholly-owned factories, such as the Hungarian factory, with higher investment in heavy assets and longer return cycles, but also better control of localized production and supply chains. Of course, the window period for wanting to build factories in Europe is also narrowing. The Industrial Accelerator Act, which is being promoted by the EU, sets a stricter screening threshold for foreign investment of more than 100 million euros, which allows many car companies to accelerate the acquisition of European factories before the window closes. At the same time, there is a clause limiting foreign ownership to no more than 49% and the proportion of local employees to no less than 50%. Even if it is the acquisition of old factories in Europe, a series of terms such as no layoffs within five years and a localized procurement rate of more than 60% will be written in the contract. Therefore, the road to the sea for Chinese car companies is not a straightforward one, but there are always brave car companies that go out and flatten the road first, and then followers, continue to go out and work hard in the bush to bear fruit. The automobile industry is changing dramatically. Chinese car companies are trying to sell Chinese cars to the world. Which car company do you think is most likely to replace Toyota and reach the top of the world? You can leave a comment in the comments section, and wait five years to see if you bet correctly?.