China's auto exports hit record high in October
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E-mail Xinhua, November 10, 2022
China's automobile exports hit a record high in October, data from the China Association of Automobile Manufacturers showed.
The country exported 337,000 motor vehicles last month, surging 46% year on year. The figure also represented a 12.3% increase over the number registered in September, said the association.
Some 279,000 passenger cars were sold overseas in October, climbing 40.7% year on year and up 11.6% month on month.
The rapid expansion of new-energy vehicles (NEVs) was a highlight of China's auto exports in October.
Last month, 109,000 NEV units were exported, jumping 81.2% year on year. NEV exports almost doubled year on year in the first 10 months of this year to 499,000 units.
In the January-October period, China's auto exports neared 2.46 million units, rising 54.1% from the previous year, the data also showed.
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