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In H1 of 2023 Chinese auto exports were up 75.7% y/y

In H1 of 2023 Chinese auto exports were up 75.7% y/y
In the first six months of 2023, Chinese auto exports +75.7% year-on-year to 2.14 million vehiclesH1 overseas shipments of new energy vehicles (NEVs) -- a category that consists mainly of pure electric and hybrid models -- more than doubled to 534,000 units, accounting for nearly a quarter of the total car exportsEurope is now the biggest overseas market for Chinese automakersThe U.S. imposes a 27.5% import tariff on Chinese-made carsIn Q1 of 2023 China overtook Japan as the world's largest car... Read More
Posted: Aug 28 2023, 02:11
Author Name: forexlive
Views: 111750

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