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Electric Vehicles

China’s Electric Car Exports More Than Double, Mostly to Europe

  • Tesla and other firms boost output after lockdowns end
  • China is growing its share of global export car market

China’s shipments of cars rebounded in May, with electric vehicle exports more than doubling, as Covid lockdowns gradually ended.  

Car manufacturers in China shipped $1.2 billion worth of electric passenger vehicles, up 122% from a year earlier and almost triple the level in April, when car factories in Changchun and Shanghai such as those run by Telsa Inc were shuttered or barely open. Passenger cars worth $2.8 billion were exported, the fourth-highest monthly total in the past few years.