NEVs exported from China amounted to 800,000 units in the first half of the year, up 105 percent year-on-year.
China exported 2.34 million vehicles in the first half of the year, up 73 percent from the same period last year, data released yesterday by the China Passenger Car Association (CPCA) showed.
Exports of new energy vehicles (NEVs) in the first half of the year amounted to 800,000 units, up 105 percent year-on-year, accounting for 34 percent of all vehicle exports.
New energy passenger car exports in the first half of the year were 770,000 units, an increase of 113 percent, accounting for 96 percent of NEV exports.
In the first half of the year, the average price of cars exported from China was 20,000 US dollars, up 11 percent from 18,000 US dollars in 2022.
As the world was hit by the Covid shock and Tesla's production in China, cars exported from the country saw a rise in sales and average sales price, the CPCA said.
As long as there is steady international demand, there will be plenty of room for China's auto exports to grow in the future, the CPCA added.
In June, China exported 409,800 vehicles, up 61 percent year-on-year but down 6 percent from 438,000 units in May.
NEVs exported 124,000 units in June, up 91 percent year-on-year, according to the CPCA.
China's NEVs have mainly been exported to Western European and Southeast Asian markets, with Belgium, Spain, Slovenia and the United Kingdom becoming major destinations in the past two years, the CPCA said.
In this year, China's NEV exports to Southeast Asian countries such as Thailand have increased, the CPCA said, adding that NEV models from SAIC and BYD have performed brightly.