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Chinese carmakers see exports double chinadaily.com.cn | Updated: 2021-07-02 10:52 Share CLOSE Photo taken on April 19, 2021 shows an AION Y, a new energy car produced by Guangzhou Automobile Group Co Ltd, at the 19th International Automobile Industry Exhibition (Auto Shanghai 2021) in Shanghai. [Photo/Xinhua]
Despite the chip shortage headwind rolling the global automotive industry, Chinese carmakers overseas sales doubled in the first five months of this year, South China Morning Post reported.
Chinese automakers exported 760,000 vehicles between January and May, up 103 percent from a year ago. Their performance was buoyed by a strong recovery in production arising from successful containment of the COVID-19 pandemic, the newspaper said, quoting Cui Dongshu, secretary general of the China Passenger Car Association.