China's auto exports soar 75% in Jan-Feb

0 Comment(s)Print E-mail Xinhua, March 20, 2022
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China's automobile exports surged 75% year on year in the first two months of 2022, data from the China Association of Automobile Manufacturers showed.

A total of 412,000 vehicles were exported in the period, of which passenger car exports soared 84% year on year to 331,000 units, according to the association.

In February alone, automobile exports totaled 180,000 units, down 21.9% from January, but up 60.8% from the same period last year. The growth of new energy vehicle exports contributed 52% to the surge, the data showed.

In 2021, China's automobile exports doubled year on year to nearly 2.02 million units, and new energy vehicle exports reported a threefold increase year on year by reaching 310,000 units, earlier data showed.

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