Car Fule

China has just overtaken Japan in the first quarter of 2023 and becomes the first exporter automotive world.

China thanks electric cars

Last year, Japan was still in the lead of world exports of cars. China was then in second place ahead of Germany.

But that was before. Indeed, China has just passed on your mind of this ranking in 2023. In total, it exported more one million of vehicles on the first trimester.

The rise is progressing from 58% compared to last year. China can say thank you to the electric cars that boost numbers.

A 93% increase over last year

In fact, more a third of China’s exports are electric and hybrid cars. This represents an increase of 93 % compared to last year.

To understand a little better this numbersyou have to look at what brings as much vehicles to China.

One of the factors is called Russia. Indeed, this is the country that has become the destination number 1 Chinese exports. In total, this represents 140,000 vehiclesi.e. three times more than in 2022

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8 million vehicles in 2030?

Other countries are les destinations favorites Chinese cars. This is the case of Europe, Australia or even Brazil.

The builders themselves have a role to play in China’s exports. This is how Tesla reported 90,000 exports in the country when BYD is at 30 000.

Un bilan which therefore shows some increase in exports for China. And estimates point to an export of 8 millions vehicles by 2030.