China’s car exports up 54.4% in 2022 – WORLD

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China’s car exports up 54.4 percent in 2022According to available relevant industry data, China’s car exports increased by 54.4 percent in 2022.China exported more than 3.11 million vehicles last year. Among them, the number of private passenger cars reached 2.53 million, up 56.7% from the previous year, according to the China Automobile Manufacturers Association.

Exports of commercial vehicles over the same period increased by 44.9 percent compared to 2021 and reached 582,000 vehicles. In total, among the exported cars, cars powered by new energy sources amounted to 679 thousand units, an increase of 1.2 times compared to the previous year.

The association argued that this rapid growth in exports was due to the increased competitiveness of Chinese auto companies and the disappearance of the constriction that occurred when going abroad.

In fact, China’s annual car exports topped two million for the first time in 2021. In previous years, this number was between one and two million people.

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