{"id":32169,"date":"2023-05-19T03:07:17","date_gmt":"2023-05-19T03:07:17","guid":{"rendered":"http:\/\/gyalchisarshog.com\/?p=32169"},"modified":"2023-05-19T03:07:22","modified_gmt":"2023-05-19T03:07:22","slug":"china-overtakes-japan-as-worlds-top-car-exporter","status":"publish","type":"post","link":"https:\/\/gyalchisarshog.com\/?p=32169","title":{"rendered":"China overtakes Japan as world&#8217;s top car exporter"},"content":{"rendered":"\n<p>BBC News:   <\/p>\n\n\n\n<p><strong>China says it has become the world&#8217;s biggest exporter of cars after overtaking Japan in the first three months of the year.<\/strong><\/p>\n\n\n\n<p><a href=\"http:\/\/www.customs.gov.cn\/customs\/302249\/zfxxgk\/2799825\/302274\/302275\/4955246\/index.html\">Officials figures show<\/a> China exported 1.07m vehicles in the period, up 58% compared to the first quarter of 2022.<\/p>\n\n\n\n<p>At the same time Japan&#8217;s vehicle exports stood at 954,185, after edging up 6% compared from a year earlier.<\/p>\n\n\n\n<p>The jump in China&#8217;s car exports was boosted by rising demand for electric vehicles and increased sales to Russia.<\/p>\n\n\n\n<p>Last year, China overtook Germany to become the world&#8217;s second largest car exporter.<\/p>\n\n\n\n<p>According to China&#8217;s General Administration of Customs, China exported 3.2m vehicles in 2022, compared to Germany&#8217;s 2.6m vehicle exports.<\/p>\n\n\n\n<p>The shift away from fossil fuels has helped fuel the rise of China&#8217;s motor industry.<\/p>\n\n\n\n<p>First quarter exports of new energy vehicles (NEVs), which includes electric cars, rose by more than 90%, compared to a year earlier.<\/p>\n\n\n\n<p>Tesla&#8217;s China arm, SAIC &#8211; the owner of the MG brand &#8211; and BYD, which is backed by veteran US investor Warren Buffett, are among China&#8217;s top exporters of NEVs.<\/p>\n\n\n\n<p>Elon Musk&#8217;s electric carmaker has a huge manufacturing plant in Shanghai which exports to regions including Japan and Europe.<\/p>\n\n\n\n<p>The &#8216;Gigafactory&#8217; currently capable of producing 1.25m vehicles a year, and the company is planning to increase that capacity further.<\/p>\n\n\n\n<p>Last month, it started making Model Y sport utility vehicles for export to Canada.<\/p>\n\n\n\n<p>China has also seen exports to Russia surge since the start of the Ukraine, as Western countries imposed trade sanctions on Moscow.<\/p>\n\n\n\n<p>Last, year, Chinese carmakers &#8211; including Geely, Chery and Great Wall &#8211; saw their market share in Russia jump after rivals including Volkswagen and Toyota quit the country following the invasion of Ukraine.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BBC News: China says it has become the world&#8217;s biggest exporter of cars after overtaking Japan in the first three months of the year. Officials figures show China exported 1.07m vehicles in the period, up 58% compared to the first quarter of 2022. At the same time Japan&#8217;s vehicle exports stood at 954,185, after edging up 6% compared from a year earlier. The jump in China&#8217;s car exports was boosted by rising demand for electric vehicles and increased sales to Russia. Last year, China overtook Germany to become the world&#8217;s second largest car exporter. According to China&#8217;s General Administration of&#8230; <\/p>\n","protected":false},"author":1,"featured_media":32170,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-32169","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-in-english"],"_links":{"self":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/32169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32169"}],"version-history":[{"count":1,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/32169\/revisions"}],"predecessor-version":[{"id":32171,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/32169\/revisions\/32171"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/media\/32170"}],"wp:attachment":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}