China's Auto Exports Jump 16% in January-October Period

MT Newswires Live

Nov 18

Chinese automobile exports grew nearly 16% year over year to 5.6 million vehicles in the January-October period, Xinhua News Agency reported Tuesday, citing the China Association of Automobile Manufacturers.

New energy vehicle exports soared 90% year over year to top 2 million units, the report said.

China's biggest local automakers include Dongfeng Motor Group (HKG:0489), SAIC Motor (SHA:600104), Chongqing Changan Automobile (SHE:000625), BAIC Motor (HKG:1958), Guangzhou Automobile Group (SHA:601238, HKG:2238), Great Wall Motors (SHA:601633, HKG:2333) and FAW Group (SHE:000800).

Top new-energy vehicle manufacturers include BYD (SHE:002594, HKG:1211), Li Auto (HKG:2015), XPeng (HKG:9868) and NIO (HKG:9866, SGX:NIO).

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