Hyperdrive
China Exports Far More Vehicles to Russia Than Anywhere Else
- Russia overtakes Mexico, receiving nearly twice as many cars
- China fills void left by firms withdrawing due to Ukraine war
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Chinese carmakers exported more vehicles wholesale to Russia than anywhere else in the first five months of this year, filling a void left by global manufacturers exiting the market because of the invasion of Ukraine.
China exported about 287,000 finished vehicles to Russia from January to May, almost twice as many as the next highest and last year’s top destination, Mexico, which received 159,000, according to customs data released by the China Association of Automobile Manufacturers on Tuesday.