In an impressive display of growth, China's automobile exports experienced a substantial increase of 47.4% year-on-year in January of this year, according to industry data released by the China Association of Automobile Manufacturers.
During the period, a total of 443,000 vehicles were exported, showcasing China's robust performance in the global automotive market. Among these exports, passenger vehicles saw a significant surge of 47.5%, with 369,000 units exported. Additionally, the exports of commercial vehicles also experienced a notable rise, increasing by 46.9% from the same period last year to reach 74,000 units.
Moreover, the data revealed a positive trend in China's new-energy vehicle (NEVs) exports, which saw a noteworthy increase of 21.7% compared to the previous year, totaling 101,000 units exported in January.
This remarkable growth in China's auto exports underscores the country's strong position in the global automotive industry and reflects its ability to adapt and thrive amidst evolving market dynamics.
As China continues to strengthen its presence in the international trade arena, particularly in the automotive sector, these promising export figures signify opportunities for further expansion and collaboration in the global market.
The surge in auto exports is indicative of China's resilience and competitiveness in the global economy, positioning the country as a key player in driving growth and innovation in the automotive industry.
