In 2021, China exported a total of about 597,100 new energy vehicles, a significant increase of nearly 1.7 times compared to the previous year. In that year, about 3.5 million new energy vehicles were sold inside of China.
Due to the saturated market and high access standards, Chinese automotive enterprises contributed only about six percent of all imported vehicles to the EU in 2020. However, in the year 2021, share of Chinese car exports to Europe jumped to 24 percent of total exports, making Europe the second trading partner after Asia. This was due to the strengthened regulations on CO2 emissions from passenger cars and incentives boosting demand for new energy vehicles in Europe and providing an excellent opportunity for Chinese automakers to win more market share.
China's export volume of new energy vehicles from 2017 to 2021
(in 1,000s)
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China Automobile Dealers Association. (January 28, 2022). China's export volume of new energy vehicles from 2017 to 2021 (in 1,000s) [Graph]. In Statista. Retrieved October 03, 2024, from https://www.statista.com/statistics/1175232/china-export-volume-of-new-energy-vehicles/
China Automobile Dealers Association. "China's export volume of new energy vehicles from 2017 to 2021 (in 1,000s)." Chart. January 28, 2022. Statista. Accessed October 03, 2024. https://www.statista.com/statistics/1175232/china-export-volume-of-new-energy-vehicles/
China Automobile Dealers Association. (2022). China's export volume of new energy vehicles from 2017 to 2021 (in 1,000s). Statista. Statista Inc.. Accessed: October 03, 2024. https://www.statista.com/statistics/1175232/china-export-volume-of-new-energy-vehicles/
China Automobile Dealers Association. "China's Export Volume of New Energy Vehicles from 2017 to 2021 (in 1,000s)." Statista, Statista Inc., 28 Jan 2022, https://www.statista.com/statistics/1175232/china-export-volume-of-new-energy-vehicles/
China Automobile Dealers Association, China's export volume of new energy vehicles from 2017 to 2021 (in 1,000s) Statista, https://www.statista.com/statistics/1175232/china-export-volume-of-new-energy-vehicles/ (last visited October 03, 2024)
China's export volume of new energy vehicles from 2017 to 2021 (in 1,000s) [Graph], China Automobile Dealers Association, January 28, 2022. [Online]. Available: https://www.statista.com/statistics/1175232/china-export-volume-of-new-energy-vehicles/