Chinese NEV Exports Surge 140% in March, Car Association Says

MT Newswires Live

04/10

Chinese exports of new energy vehicles surged 140% year over year to 349,000 units, the China Passenger Car Association said Thursday.

BYD (HKG:1211, SHE:002594) led the pack with 116,882 units, while Geely (HKG:0175) exported 52,186 units and Chery Automobile (HKG:9973) exported 40,837 units to complete the top three exporters for the month.

The surge could be attributable to energy shocks due to the war in Iran, Bloomberg reported separately.

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