China's automotive industry is experiencing a significant surge in exports, with a notable increase of 33.2% year-on-year, as reported by Azernews, citing Xinhua.
During the recent period, China exported over 1.32 million vehicles, according to the China Association of Automobile Manufacturers.
Of particular note is the export of new energy vehicles (NEVs), reaching approximately 307,000 units, marking a substantial increase of 23.8% compared to the previous year.
In March alone, China's automobile exports witnessed a remarkable uptick of 37.9% compared to the same period in the preceding year. Moreover, exports of NEVs surged impressively by 59.4%.
This robust growth in China's auto exports highlights the country's strong presence in the global automotive market and its capacity to meet international demand for vehicles.
As China continues to demonstrate resilience and competitiveness in auto manufacturing and export, these figures reflect positively on the country's economic performance and its pivotal role in driving the global automotive industry forward.
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