China speed: How China exports almost 1,000 cars every hour #CGTN

China speed: How China exports almost 1,000 cars every hour
#ChinaAuto #EVRevolution #NEV #GlobalTrade #ChinaEconomy #AutoIndustry #CGTN #ThePoint #LiuXin
Overcapacity or just simple supply and demand China-speed? According to the China Association of Automobile Manufacturers, China exported over 1.35 million vehicles in just the first two months of the year, up nearly 50% year on year. That’s almost 1,000 cars every hour leaving the country. Even more striking: New Energy Vehicles (NEVs) now make up over 40% of exports, with over 300 EVs and hybrids shipped globally every hour. What’s behind this explosive growth? And why are more countries saying “yes” to Chinese cars? Tune in.
#ChinaAuto #EVRevolution #NEV #GlobalTrade #ChinaEconomy #AutoIndustry #CGTN #ThePoint #LiuXin

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