China Today (English)

China’s Auto Exports See Rapid Growth


Statistics released by China’s General Administra­tion of Customs showed that 1.32 million vehicles were exported during the period from January to

August this year, up 117.5 percent year-on-year, and exceeding last year’s total. Among them, a total of 173,000 new energy vehicles (NEVS) were exported, up 4.5 times year-on-year, contributi­ng about 20 percent to the growth in auto exports.

According to Shu Yuting, spokespers­on for the Ministry of Commerce, China’s rapid growth in auto exports can be attributed to three factors: the global rebound in the auto market, the significan­t impact of NEV exports, and the increasing internatio­nal competitiv­eness and internatio­nal influence of China’s auto companies.

On the one hand, domestic enterprise­s have accelerate­d the pace of developing their overseas market entry strategies with the launching of more NEVS; on the other hand, Tesla and some other foreign companies have increased investment in China to build export bases for NEVS.

Statistics show that during the January-august period, the SAIC-MG brand sold nearly 19,000 NEVS in Europe, up 133 percent year-on-year, while the ismart system was well received by consumers in Thailand, India, Indonesia, and other countries.

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