OEMs’ overseas layout research: automobile exports are expected to hit 7.18 million units in 2025.
China’s automobile export market bucked the trend.
During 2021-2022, the global economy suffered an overall slump amid the severe outbreak inside and outside China, tense international geopolitical situation, a big rise in prices of bulk commodities, and imbalance between supply and demand. In this context, China’s automobile exports bucked the trend, and hit 3.111 million units in 2022, a year-on-year upsurge of 54.4%, of which 679,000 new energy vehicles were exported, soaring by 120%, a growth far higher than in the domestic market.
China’s passenger car exports will still gain momentum in the next three…
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