China's new car sales fell 21% in the first half, but exports rose 65%, with a clear export shift
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The number of new cars sold in China in the first half of this year decreased by more than 20% compared to the same period last year.
The number of new cars sold in China in the first half of this year decreased by more than 20% compared to the same period last year. On the other hand, the number of exports increased by more than 60% due to increased demand for EVs due to the rise in fuel prices due to the situation in Iran, and it is clear that exports will compensate for the slump in the domestic market.
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