Caixin
Aug 25, 2023 06:49 PM
TECH

Tech Insider: China’s Auto Exports Belie Roadblocks, SOE Carmaker Picks Huawei

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A shipment of cars is exported overseas from Taicang port in Jiangsu province on Aug. 9. Photo: VCG
A shipment of cars is exported overseas from Taicang port in Jiangsu province on Aug. 9. Photo: VCG

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.

Auto export surge belies roadblocks abroad

Riding the wave of an electric-vehicle (EV) frenzy and the global shift toward electrification, Chinese automakers have performed well in their push to go global.

In the first six months of 2023, Chinese auto exports ballooned 75.7% year-on-year to 2.14 million vehicles, extending strong growth seen in the first quarter, according to industry data. The rosy figures have fueled a belief that China will claim the top spot for the full calendar year, with some analysts predicting that Chinese automakers will ship more than 4 million vehicles in 2023.

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