China's NEV exports skyrocket 110% in first eight months

October 27, 2023

Xinhua, September 13, 2023


latest company news about China's NEV exports skyrocket 110% in first eight months  0

This aerial photo taken on July 11, 2023 shows new-energy vehicles for export at a terminal of Taicang Port, east China's Jiangsu Province. [Photo/Xinhua]



China's exports of new energy vehicles (NEVs) soared 110 percent year on year in the first eight months of 2023 amid the rapid expansion of the sector, industry data shows.

A total of 727,000 NEVs were exported during the period, according to the China Association of Automobile Manufacturers.

Exports of pure electric vehicles surged 120 percent from the same period last year to 665,000 units, and exports of plug-in hybrid electric vehicles climbed 73.5 percent to 62,000 units, the association said.

China's auto exports totaled 2.94 million units in the first eight months, up 61.9 percent year on year. Exports of passenger vehicles and commercial vehicles respectively climbed 69.8 percent and 31.1 percent from last year.