New Landscape for Specialized Vehicles Going Overseas: From 'Exporting Products' to 'Global Standard Chains'

Against the backdrop of the accelerated transformation of the global automotive industry, China's special-purpose vehicles are becoming a new force in going global. Faced with slowed domestic market growth and the release of demand in emerging overseas markets, an increasing number of special-purpose vehicle companies are speeding up their internationalization efforts, actively integrating into the global industry and value chains.Data shows that in 2024, China's exports of special-purpose vehicles reached 52,100 units, with an export value of 3.861 billion US dollars, representing year-on-year increases of 44.6% and 28.7%, respectively. The Chebai Think Tank report "Redefining Special-Purpose Vehicles: Building a High-Value, High-Growth, High-Technology 'Commercial Vehicle' Industry" (hereinafter referred to as the "Report") points out that the international development of special-purpose vehicles is moving towards high technological barriers and localization.

To break through market growth bottlenecks, many specialized vehicle companies are accelerating their layout in overseas markets, seeking additional development space. In 2024, China's exports of specialized vehicles reached 52,100 units, with an export value of 3.861 billion USD, representing year-on-year increases of 44.6% and 28.7%, respectively. It is expected that by 2030, China's overseas production and sales of complete vehicles could surpass 10 million units, with new energy and intelligent products becoming the core driving forces for expansion. Specialized vehicle companies need to seize this opportunity, focus on building a global supply chain system, achieve a leap from 'products going out' to 'global standard chains,' and promote comprehensive, system-wide connections between Chinese specialized vehicles and the world.

The export footprint continues to expand, showing a development trend of 'wide market coverage, strong emerging markets, and diverse potential regions.'In 2024, the destinations for China's specialized vehicle exports have expanded to 193 countries and regions, with considerable export potential. Among them, emerging markets such as Russia, Southeast Asia, the Middle East, and South America have performed particularly well.In 2024, Russia ranked first with an export volume of 6,781 units, a year-on-year increase of 33.94%, and an export value of 651 million USD, a year-on-year increase of 8.68%. Developing countries such as Southeast Asia, Saudi Arabia, the UAE, and South America are rapidly developing in the field of infrastructure construction, leading to a significant increase in demand for specialized vehicles, demonstrating strong market potential. Israel has huge potential in the new energy specialized vehicle market. Although the European market sets technical barriers, after certification, product exports can achieve significant premium opportunities.