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China’s Cleantech Exports Hit $20 Billion Record in August

Cost declines with steady policy support are propelling Chinese electrotech into emerging markets.

Overview

  • Ember data show August 2025 cleantech shipments reached a monthly record, led by electric vehicles and batteries.
  • From January to August, EV exports rose 26% year over year and battery exports climbed 23%, while solar PV export value fell 19%.
  • China exported a record 46 gigawatts of solar PV capacity in August, even as solar revenues remained 47% below the March 2023 peak.
  • More than half of 2025 EV export growth came from outside the OECD, with ASEAN up 75%, Africa nearly tripling, the Middle East up 72% and Latin America up 11%.
  • Through July, China shipped about $120 billion in green technology versus $80 billion in U.S. oil and gas exports, underscoring a shifting energy trade landscape.