Chinese vehicle exports see solid growth despite hurdles
By Namrita Chow2022-07-12T13:18:00
The main carmakers in China have been able to increase exports in the first half of this year despite some adverse disruptions, including the shutdown of the world’s biggest vehicle terminal in Shanghai
In the first six months of this year China exported 945,000 passenger vehicles, an increase of 49.7% y/y, while commercial vehicles saw 274,000 units exported, up 38.8%. Within the mix, new energy vehicles (NEVs), which include pure battery electric and plug-in hybrid vehicles, accounted for 202,000 exported units