No Result
View All Result
INDUSTRY INSIDER
About Us
  • Industry
  • Business
  • Tech
  • Bangladesh
  • World
  • Feature
  • R&D
  • Opinion
  • Magazine
  • More
Sunday, May 18, 2025
  • Industry
  • Business
  • Tech
  • Bangladesh
  • World
  • Feature
  • R&D
  • Opinion
  • Magazine
  • More
No Result
View All Result
INDUSTRY INSIDER
No Result
View All Result
Home World

China overtakes Japan as world’s top car exporter

China overtakes Japan as world’s top car exporter

created by dji camera

by Insider Desk
May 19, 2023

China has overtaken Japan as the world’s top car exporter, according to data released by the China Association of Automobile Manufacturers (CAAM).

In the first quarter of 2023, China exported 1.07 million vehicles, up 58% from a year earlier. Japan, meanwhile, exported 950,000 vehicles, up 6%.

Several factors, including rising demand for electric cars and increased deliveries to Russia, drove the growth in China’s car exports.

China is the world’s largest market for electric cars, and its domestic sales of electric vehicles are expected to reach 5 million units in 2023. The country is also a major exporter of electric cars, and its exports of electric vehicles are expected to grow by 60% in 2023.

China’s exports to Russia have also grown in recent months as the country has sought to replace imports of cars from European and Japanese manufacturers.

The growth in China’s car exports shows the country’s growing strength in the global automotive industry. China is already the world’s largest car market and is now also the world’s largest car exporter.

The growth in China’s car exports is likely to impact the global automotive industry significantly. It is expected to lead to increased competition in the global car market and will also likely lead to lower car prices.

China’s car export growth is also a sign of the country’s growing economic power. China is now the world’s second-largest economy and can become the world’s largest economy by 2030.

Tags: CarChinaEconomyExportFeaturedJapan
Previous Post

Furoshiki: The evolution of a sustainable tradition and its global market impact

Next Post

Britishvolt to build UK’s first gigafactory

Related Posts

World Economic Forum at Davos: Setting critical priorities amid uncertainty

by Jinat Jahan Khan
| May 11, 2025

Lack of effective policies holding back a conscious consumption boom

by Ibrahim Hasan
| March 15, 2025

A call for a new age of AI and computing

by Iftekharul Islam
| January 14, 2025

Carbon Taxation: Mumbo-jumbo or cold hard truth?

by Galib Nakib Rahman
| October 21, 2024

Hannover Messe: The leading industrial trade expo

by Iftekharul Islam
| October 17, 2024

The ‘anticipated’ downfall of 23&Me

by Insider Desk
| October 15, 2024

Next Post
Britishvolt to build UK’s first gigafactory

Britishvolt to build UK's first gigafactory

You May Also Like


Bangladesh secures $290m World Bank loan to combat air pollution
News

Bangladesh secures $290m World Bank loan to combat air pollution

by Insider Desk
May 17, 2025
0

Bangladesh has concluded negotiations with the World Bank for a $290 million loan to tackle severe air pollution through a...

Read more
Nagad Digital Bank becomes first licensed digital bank in Bangladesh

Bangladesh Postal Department takes charge of Nagad

May 17, 2025
Bangladesh eases payment commitment regulations for banks

Surplus banks shun call money market

May 17, 2025
Interest payments to surge as Government faces mounting debt burden

Interest payments to surge as Government faces mounting debt burden

May 17, 2025
Internet prices to drop by 20% from July

Internet prices to drop by 20% from July

May 17, 2025
Home
Industry
Business
Tech
Bangladesh
World
Feature
R&D
Videos
Magazine
About Us Subscribe
Terms & Conditions
Privacy Policy
Refund Policy
Cancellation Policy
Industry Insider is published by Tareq Ahmed Robin, Sayem Sharif, Md Mahfuz Ul Islam and Mohammad Saiful Islam. It is a quarterly magazine, comes from House B-114, Level – 03, Road – 07, DOHS, Mohakhali, Dhaka – 1206
Reach Out: [email protected]
© 2023 – All rights reserved with Industry Insider | Developed By YSI Bangla Limited  Follow us on our socials:
© 2023 – All rights reserved with Industry Insider | Developed By   Follow us on our socials:

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • All News
  • Industry
  • Business
  • Tech
  • Bangladesh
  • World
  • Feature
  • R&D
  • Opinion
  • More
  • About Us
  • E-Magazine
  • Videos
  • Subscribe