info@marketresearchfuture.com   📞 +1 (855) 661-4441(US)   📞 +44 1720 412 167(UK)   📞 +91 2269738890(APAC)

China is the Largest Exporter of Cars in 2023

By Garvit Vyas , 25 May, 2023

China has become the largest car exporter and has overtaken Japan in the first three months of 2023. China has exported 1.07 million vehicles in this period, which is up 58 percent as compared to the first quarter of 2022, as per the official figures released in May. Japan's vehicle export has also risen 6 percent from 2022.

The demand for electric cars and sales to Russia has boosted China's exports. In 2022, China overtook Germany to become the world's second-largest car exporter. China exported almost 3.2 million vehicles in 2022 compared to Germany's 2.6 million vehicle exports, per the data given by China's General Administration of Customs.

According to BBC, the shift from fossil fuels in China has helped China's motor industry to rise. In the first quarter of 2023, the exports of new energy vehicles (NEVS), including electric cars, rose by more than 90 percent compared to 2022.

Elon Musk's Tesla has a huge manufacturing plant in Shanghai that exports to Japan and Europe. Tesla's Gigafactory also produced 1.25 million vehicles per year. The company also aims to increase its capacity further. China's exports to Russia also surged since the start of the geopolitical war as the Western countries had imposed trade sanctions on Moscow. Chinese carmakers Chery, Geely, and Great Wall also saw their market share in Russia jump as rivals like Toyota and Volkswagen quit India in 2022.

Top 10 Chinese Vehicle Exporters

.jpg

Latest News

2025.png
Elsevier Unveils ScienceDirect AI in 2025 to Revolutionize Research Efficiency

In March 2025, Elsevier launched ScienceDirect AI, a world-renowned leader in science and health information science. This state-of-the-art generative AI tool can potentially transform the industry with its revolutionary advances in research. This…

Read More

Drop.png
EV Revolution: Battery Prices Drop Below USD 100/kWh Amid China's Dominance of the Market in 2025

The global electric vehicle (EV) industry has reached a pivotal milestone. The average price of lithium-ion battery packs has dropped below the USD 100 per kilowatt-hour (kWh) threshold, a benchmark long considered critical for achieving price parity…

Read More

2025.png
China Accelerates Push for Domestic EV Chips Amid Global Trade Tensions in 2025

In 2025, China will focus on self-sufficiency in high-tech industries by further integrating domestically produced semiconductor chips into the country\'s electric vehicle (EV) industry. By doing so, China aims to reduce reliance on foreign…

Read More

2030.png
General Motors Leverages AI to Revolutionize Manufacturing in 2025

GM will implement artificial intelligence (AI) in the company's facilities in 2025 to improve safety, quality, and efficiency. This appears to be another strategic initiative from GM aimed at innovation and operational improvement.

At GM, one of the…

Read More

2025.png
Honda and Renesas Collaborate for Next-Gen Software-Defined Vehicles in 2025

In January 2025, Honda Motor Co., Ltd. and Renesas Electronics Corporation declared a strategic collaboration to create a high-performance system on a chip (SoC) designed for Software Defined Vehicles (SDVs). This cooperation is intended to bolster…

Read More

Author Pic
Garvit Vyas

Analyst