Number of Cars in China Passed 315 Million

Number of Cars in China Passed Million
Number of Cars in China Passed 315 Million

According to data released by China's Ministry of Public Security, as of the end of September, the number of cars in the country exceeded 315 million. In the first nine months of 2022, 17 million 400 thousand new vehicle registrations were made in China.

It was reported that the number of new energy vehicles registered in China reached 11 million 490 thousand, making up 3,65 percent of all automobiles in the country. It has been recorded that there are over 82 million cars in 1 cities in China.

On the other hand, China's automobile exports continue to increase. Automobile exports in August broke a new record by exceeding 300 thousand units. According to the data of the China Automobile Manufacturers Association, 65 thousand cars were exported in August, an increase of 308 percent compared to the same period of the previous year. In the first eight months of the year, automobile exports reached 52,8 million 1 thousand with an increase of 817 percent on an annual basis.

The striking performance of new energy vehicle exports draws attention. New energy vehicle exports increased by 97,4 percent in the first eight months, reaching 340 units. The contribution rate of new energy vehicle exports to the country's total automobile exports was recorded as 26,7 percent.

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