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EV Powerhouse China Leads World In Auto Exports, Topping Japan

06 Aug 2023 | Abstracted from Nikkei

"Major Chinese automakers exported 2.14 million vehicles from January to June, up 76% on the year...Japan lagged at 2.02 million, for a gain of 17% on the year...Its export growth owes to a booming trade in EVs and gains in the European and Russian markets.

"European automakers slashed their Russia presence after Moscow's February 2022 invasion of Ukraine. Chinese brands have moved in to fill this void."



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