China Surpasses Japan as World’s Top Auto Exporter
Chinese car exports await shipment at the Port of Lianyungang, Jiangsu province, on May 7.
Chinese car exports await shipment at the Port of Lianyungang, Jiangsu province, on May 7. Photo: VCG
(Nikkei Asia) — China overtook Japan as the world’s top auto exporter in the first quarter, spurred by rising demand for electric vehicles and increased deliveries to Russia.
China’s automobile exports for the January-March period jumped 58% from a year earlier to 1.07 million units, according to the China Association of Automobile Manufacturers.
Japan exported 950,000 vehicles during the same quarter, up 6% on the year, according to the Japan Automobile Manufacturers Association.
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