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China auto exports hit 300,000 milestone in August, up 65% from last year

China auto exports hit 300,000 milestone in August, up 65% from last year

China’s exports of cars rose 65% from a year earlier to hit 308,000 units in August, a historic high boosted by strong demand for electric vehicles, according to data published on Wednesday by the China Association of Automobile Manufacturers. Shipments of new energy vehicles (NEVs), including all-electrics and plug-in hybrids, rose 82.3% annually to 83,000 units, the industry group said. A day earlier, China’s biggest carmaker SAIC said that it plans to sell 1.5 million vehicles overseas in 2025, with NEVs accounting for more than 80% of its total export volume to the European market. [CAAM release, in Chinese]

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