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Countries in Asia and the Americas Account For Half of China’s Total Auto Exports

China is on the verge of displacing Germany to become the world’s second-largest auto exporting nation (Japan is #1). This is a remarkable accomplishment given the speed that China’s automakers have gained international market share, tripling sales to 2.5 million units since 2020.

This trend is likely to accelerate quickly in the next few years as Chinese automakers leverage their advantage in electric vehicle manufacturing to roll into new markets around the world, particularly in the Global South.

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