European Demand Drives Growth in China's Heat Pump Exports
Europe: Chinese heat pump manufacturers are reporting increased European demand, with companies in Foshan expanding their export activities and assessing overseas production opportunities. Vanward Electric reported approximately 150% year-on-year growth in its European business during 2026, driven by demand from Italy, France and Spain. According to Foshan Customs, exports of heat pump-related products and components from the region reached approximately USD 640 million during the first nine months of 2026.
Chinese manufacturers are also considering manufacturing facilities in Europe to address import restrictions linked to subsidy programmes and manage delivery schedules. Vanward Electric, which operates seven production bases worldwide, is exploring suitable locations in Europe as part of its supply chain strategy. The developments reflect changes in manufacturing and distribution arrangements as Chinese suppliers respond to European demand for heat pump equipment.
Source: Reuters Connect
