(AsianFin)—China's car exports have continued the robust growth from the end of last year. In the January-February period of 2024, the total automobile export volume jumped 22% year-on-year to 831,000 units and the car export value climbed 13% year-on-year to $15.7 billion, data rel...
China's global dominance in electric cars helped it overtake Japan as the world's biggest vehicle exporter last year, official data confirmed Wednesday. Japanese giants such as Toyota and Nissan have been much more cautious than their Chinese counterparts like BYD on electric vehicles (EVs), banki...
BEIJING, July 13 (TMTPost)— Russia maintained the leading export destination for vehicles made in China this year as it imported much more cars than any other China’s trading partner in the first five months. Credit:Visual China China’s exports of finished automobile rose 92.8% year-over-...
More than 6.6 million cars sold last year benefited from government subsidies of up to $2,800 for NEV purchases and as much as $2,000 for more fuel-efficient combustion engine vehicles. Over 60% of the subsidised purchases went to NEVs, according to official data. Beijing announced on Wed...
They accounted for roughly 23 percent of the country's total vehicle exports in the period, and their growth rate was more than twice that of the average vehicle exports. Tesla, whose Shanghai plant serves as a major export hub globally, shipped more than 180,000 vehicles out of China in...
In the first quarter of this year, China exported 1.07 million vehicles, surpassing Japan for the first time and becoming the world's largest automobile exporter. The significant growth of automobile exports has driven international automobile transport ships to become difficult to obtain, and shipping...
With more than 5,000 new energy vehicles (NEVs) on board, it set sail for the ports of Vlissingen in the Netherlands and Bremerhaven in Germany. It is the first vessel in the shipping fleet of BYD, which has joined a number of Chinese automakers in accelerating car exports by operating ...
China exported nearly 500,000 electric cars in 2021 -- more than any other country in the world -- thanks to increasing sales in Europe and Southeast Asia by emerging cost-competitive automakers, according to Nikkei Asia. The data from the General Administration of Customs of China shows that...
exporters are considered normal; the ratio of exports to production is far lower than other car producing nations such as Germany, Japan and the Republic of Korea; and Chinese companies aren't dumping EVs on global markets, for the export prices of those cars reflect the laws of the market....
With more than 5,000 new energy vehicles (NEVs) on board, it will set sail for the ports of Vlissingen in the Netherlands and Bremerhaven in Germany. It is the first vessel in the shipping fleet of BYD, which has joined a number of Chinese automakers in accelerating car exports by operat...