China’s automobile exports jumped 30.5 percent year on year in the first two months of 2024, industry data shows.
A total of 822,000 vehicles were exported during the period, according to the China Association of Automobile Manufacturers.
Exports of passenger vehicles soared 31.5 percent year on year to 686,000 units, and exports of commercial vehicles totaled 136,000 units, rising 25.9 percent from the same period last year.
The data has also revealed that China exported 182,000 new-energy vehicles during the period, up 7.5 percent year on year.
China continue to lead in terms automotive production and now with electric vehicle gaining interest, the country is already dominating in that space too. Recently, BYD became the biggest producer of EV’s globally after dethroning Elon Musk’s Tesla.
