China Overtakes Japan as World’s Largest Exporter of New Cars in First Quarter

Chinese cars

As new electric vehicles become more competitive, Chinese-branded cars are gaining favor in the global market. China overtook Japan to become the world’s largest exporter of new vehicles in the first quarter, a remarkable achievement. According to the China Association of Automobile Manufacturers, local automakers shipped 994,000 cars in the first quarter, up 70% year … Read more