China’s Passenger Car Export Engine Accelerates, led by Electric Vehicles
A sharp post-2021 step-change in car exports is scaling rapidly and expanding China’s reach across developed and emerging markets.
A sharp post-2021 step-change in car exports is scaling rapidly and expanding China’s reach across developed and emerging markets.
The top ten exporters and importers of automotive products reveal a highly concentrated global trade system.
Electric and hybrid vehicles are driving China’s export growth, accelerating overseas market penetration and compressing the response time available to legacy auto exporters.
China is for several years already the world’s leading producer of cars, and it looks set to soon become the world’s leading exporter of cars as well.