It’s a little revolution that just happened in the automotive world, even if it’s not really “tangible”. Indeed, according to Automotive News Europe analysts, China has become the world’s largest exporter of carsthereby overthrew Japan, which had held first place for several years.

The reasons for this radical change are mainly centered around electric mobility. The increase in demand for electric vehicles from European consumers has actually pushed many Chinese manufacturers to “migrate” mainly to the Old Continent (but also to the United States), even though there are some significant logistical problems, such as high freight rates for the car carrier.

Exports are growing

Automotive News Europe reports that the latest figures released by the Association of Japanese Automobile Manufacturers show that exports of Japanese-made cars rose 17% year-on-year in the first six months of 2023 to an estimated 2.02 million units. .

These figures are quite positive for Japan, but they contrast with even more encouraging figures released by the China Association of Automobile Manufacturers, which show that the country’s automotive exports in the first six months of 2023 increased by 77% compared to the same period last yearreaching 2.34 million units.

What made China the largest car exporting country in the world is not only the number of cars exported abroad, but also the money received. According to the China Association of Automobile Manufacturers, the monetary value of China’s auto exports increased by 110% in the first six months of 2023 compared to 2022. reaching 46.4 billion dollars.

China has overtaken Japan and Germany

This figure also allowed China to overtake Germany to take the historic second place behind Japan. It remains to be seen whether this trend will increase in the future, especially as Europe and the US increasingly adopt measures deemed “protectionist” to encourage consumers to consume “local”.

Chinese manufacturers must find a parade by setting up factories in Europe and the United States, this already applies in particular to SAIC through MG, which has already announced a factory in the Old Continent with tracks in Germany, France or Spain. BYD intends to do the same within a few months.

However, vehicles manufactured outside of China will no longer be considered exports, and the Middle Empire may quickly fall in this ranking, with Japan and Germany returning to the top spot.

Read also:
• Trucks of the future: electric or hydrogen?
• Tesla: the first copy of the Semi was delivered
• Renault Trucks will release new electric trucks