China exported 1.07 million vehicles in the first quarter of 2023, surging by 58.3 percent year-on-year, data from China’s General Administration of Customs (GAC) recently revealed, indicating that China has now become the world’s largest auto exporter, outpacing Japan.
In April alone, China exported 376,000 vehicles, surging 2.7 times over the same period in 2022, lifted by strong production capacity of 2.13 million cars in the month, according to the China Association of Automobile Manufacturers.
Exports of new-energy vehicles account for the majority of vehicles being shipped abroad, hitting 100,000 NEVs in April, which is 8.4 times that of the same month in 2022.
Last year, China became the world’s second largest car exporter by surpassing Germany. GAC data showed that China exported 3.22 million vehicles in 2022, increasing 56.8 percent year-on-year, while Germany exported 2.61 million vehicles.
