Skoda to withdraw from Chinese market by mid-2026

Skoda will exit China by mid-2026 due to falling sales and local EV competition. The brand intends to focus on growth in India and South-East Asia instead.

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Skoda, the automotive manufacturer based in the Czech Republic, has announced its departure from the market in China by mid-2026. The brand, a subsidiary of Volkswagen AG, is withdrawing as it faces increasing pressure from a rapid industry shift toward electric vehicles and a surge in domestic competition.

Visitors attend the Skoda exhibition at the Auto Shanghai event in China during a 2021 media day. REUTERS/Aly Song/File Photo
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