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Caixin Global
Caixin Global

Business Brief (June 11): China’s Auto Exports Extend Surge on NEV Boom

China Hong Kong IPO

Auto exports

China exported 930,000 vehicles in May, a 68.7% year-on-year increase, continuing a rapid growth trend. New-energy vehicle (NEV) exports surged 110% to 446,000 units. In the first five months of the year, auto exports totaled more than 4 million units, with NEVs accounting for more than 45%.

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