2024-08-05 16:12:40
Las China’s passenger vehicle exports reached 378,000 units in June, up 28% year-on-year and unchanged from the previous month.
With the recovery of the South American market, exports of Chinese brand cars reached 325,000 units in June, up 31 percent year on year, while exports of luxury vehicles and cars made by Chinese-foreign joint ventures reached 54,000 units, up 12 percent year on year, according to data released by the China Passenger Car Association.
In the same month, China’s new energy vehicle (NEV) exports stood at 80,000 units, up 12.3% year-on-year. In the first half of this year, NEV exports reached 586,000 units, up 21.2% year-on-year.
Data from the association, which covers all domestic passenger car makers, also showed that in the first half of this year, passenger car retail sales exceeded 9.84 million units, up 3.3 percent year on year.
The association projects that passenger car consumption will continue to rise due to the increasing popularity of private vehicles and the rapid growth of smart electric vehicles.