CPIC VP at 2026 China Auto Forum: Full-Chain Insurance Needed as 2025 Car Exports Exceed 7 Million
CPIC Vice President Yu Bin stated at the 2026 China Auto Forum that new energy vehicle exports require full-chain insurance risk management. In 2025, China's automobile exports exceeded 7 million vehicles, with NEV exports at 2.615 million. First-half 2026 exports surged 65.3% to over 5 million. NEV insurance premiums reached 190 billion RMB, over 20% of total auto insurance premiums of 940.9 billion RMB. CPIC provided coverage for over 6.3 million NEVs in 2025 and has developed a cross-border insurance model in Southeast Asia, expanding to Vietnam, Indonesia, and Sweden.
In 2025, China's automobile exports exceeded 7 million vehicles, ranking first globally for the third consecutive year, with new energy vehicle (NEV) exports reaching 2.615 million units. In the first half of 2026, export growth accelerated further, with half-year exports surpassing 5 million vehicles, a year-on-year increase of 65.3%.
Why this event matters
The event has a measured impact on 2 industrys. The strongest current signal is positive for Property & Casualty Insurance, with intensity 50/100 and 70% confidence over a medium term horizon.
Property & Casualty Insurance
- Direction
- positive
- Intensity
- 50
- Confidence
- 70%
- Horizon
- Medium term
New Energy Vehicles
- Direction
- positive
- Intensity
- 40
- Confidence
- 65%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.