China’s Auto Exports Rose 51% in First Three Quarters

What’s new: China’s automobile exports recorded robust growth in the first three quarters this year, boosted by sales of homegrown brands and American EV giant Tesla.

In the first nine months, China shipped 2.26 million vehicles, up 51.6% from a year earlier and surpassing the 2021 total, according to the General Admission of Customs.

Exports of new-energy vehicles grew 93% to 656,000 units during the first nine months, data showed.