By the end of 2024, China increased the export of used cars by 45%. Last year, China supplied about 400,000 used cars abroad.
Author:
https://rb.ru/author/sadulaev/
Subscribe to RB.RU on Telegram
This is reported by the Japanese publication Nikkei, referring to sector statistics. The newspaper links the growth of Chinese exports to the high demand for electric vehicles in Russia and Central Asian countries.
In particular, about 50% of all China’s used car supplies came from Russia, Kyrgyzstan and Uzbekistan. Among the leaders on offer, Nikkei mentions electric cars from the Chinese brands Zeekr (part of the Geely group) and Li Auto.
At the end of the third quarter of 2024, Chinese electric car maker BYD surpassed Elon Musk’s Tesla in revenue for the first time, increasing its quarterly revenue by 24% to $28.2 billion.
Photo: Maksim Ladouski / Shutterstock
Author:
Akhmed Sadulayev
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
