Korean Media: China’s Electric Vehicle Exports Surge 53% Globally
On November 12, South Korean media outlet Today Digital published an article stating that China’s electric vehicle exports in August reached 284,622 units, a year-on-year increase of 33%. Asia maintained its position as the largest import market, while Europe and Latin America and the Caribbean saw particularly strong growth.
Cumulative exports of Chinese electric vehicles from January to August totaled 2.11 million units, up 53% compared to the same period last year.
By country, Belgium imported 32,538 Chinese electric vehicles in August, ranking first—up 76% compared to the same month last year. Cumulative imports for the year reached 213,001 units, a year-on-year increase of 47%.
Australia imported 22,067 Chinese electric vehicles in August, a year-on-year rise of 106%. Brazil recorded 21,544 units, surging 353%. Thailand and the United Kingdom imported 17,718 units (up 66%) and 17,297 units (up 18%), respectively.
South Korea imported 16,352 Chinese electric vehicles in August, a year-on-year increase of 7.1%. Cumulative imports for the year stood at 106,989 units, up 105% compared to the same period last year. The Philippines imported 16,505 units, down 20%, while Germany imported 13,474 units, up 39%.
By region, Asia led in August with 108,757 units imported from China—up just 2.5% year-on-year. Europe imported 94,912 units in August, a year-on-year increase of 33%. Excluding non-EU countries, EU imports totaled 63,825 units, up 31%.
In August, imports to Latin America and the Caribbean reached 43,742 units, up 118% year-on-year. Oceania recorded 2,521 units (up 121%), Africa 9,623 units (up 115%). North America imported 2,387 units, a relatively small volume but with a year-on-year growth rate of 416%.
Original article: toutiao.com/article/1881614613951488/
Disclaimer: The views expressed in this article are those of the author alone.