Data from the China Association of Automobile Manufacturers revealed the country exported 2.14 million vehicles in the first half of 2023, which represents a year-on-year (YoY) increase of 75.7%.
From that total, new energy vehicles (a generic term for electrified vehicles) saw the biggest growth in terms of exports at 160% with 534,000 units. Meanwhile, passenger vehicles made up the majority of exports at 1.78 million units, or 88.4% more than the same period last year.
As reported by CarNewsChina, China is expected to export over four million vehicles by the end of this year – the country overtook Japan as the world’s top exporter of new cars in Q1 2023. Last year, China’s export volume exceeded three million units, and a year before that, it passed two million units for the first time after past years of hovering around one million units annually.
Seven car companies in China managed to export over 100,000 vehicles in the first six months of 2023, namely SAIC, Chery, Tesla, Changan, Great Wall Motor (GWM), Geely and Dongfeng. Standouts are Chery that saw a YoY increase of 170% in exports to hit 394,000 units, while GWM exported 124,000 vehicles, which is 97.3% YoY increase.
BYD saw tremendous growth in the first half of 2023 with its export increasing YoY by 1,060% to hit 81,000 units. Tesla, which builds cars at its Giga Shanghai plant, exported 182,000 vehicles to become China’s third-largest auto export brand and made up one-third of the country’s new energy vehicle exports.
Asia, Europe, and Latin America are the main markets for China’s vehicle exports, with the data showing that from January to May this year, the top three importers of passenger vehicles were Russia, Mexico and Belgium. Belgium, the United Kingdom and Thailand were the top three importers of Chinese new energy vehicles.
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China number one while Malaysia number last! Because we got useless goverment.
stop posting political garbage here in a car forum.
we have gotten tired of you.
that u support komunis.
Failure of Proton and Perodua has nothing to do with the ruling government but rather their incompetency
a follower of the 5 star red flag instead of Jalur Gemilang.
China export success, malaysia infested with “entitlement worms” all over… . Mainly in GLC like UMW, DRB, SIME etc..
i thought this supposed to be normal since long time,
since iPhone also exported from China, and here not every car exported are Chinese brands.
This is a huge number…. the Japanese automobil industry is in decline….. more China car in Malaysia?
Naza CKD has flopped, so we didnt exported more;
same goes to Sime Darby, Inokom, Tan Chong ?
EV has been a game changer in resetting the tech wars, wiping away whatever advantage traditional manufacturers had in engine and transmission tech. Nippon BP reported that the China car industry was at least 10 years behind Japan’s in 2003. In 2023, they reported that just on efficiency in design and manufacturing, BYD is 2-3 years ahead on Tesla, nothing on build quality which PT readers like to pick on. Tesla is using BYD battery tech, FYI.
Japan and Korea both have matured car manufacturers, built on protecting the local industry, allowing their local car industry to find their feet. China is doing (if not already done) the same, except they have the benefit of being the 2nd biggest, soon to be the biggest market in the world locally. Their domination of the international market is inevitable even if they get sanctioned in certain markets.
Try them before you knock them, BYD, Nio, Xpeng, etc makes great cars. Earlier models were rickety and sub-par but the new ones will surprise you. You want to stay clear of the smaller EV makers, EV resale is already poor, if you buy a brand that goes kaput in 5 years, that would be a total disaster.