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500k? “ Chinese customs data shows during the first 11 months of 2023, China's vehicle shipments to Russia soared 545% from a year ago, to 840,000 units, making
by _xnmw 3y ago
500k? “ Chinese customs data shows during the first 11 months of 2023, China's vehicle shipments to Russia soared 545% from a year ago, to 840,000 units, making it China's fastest-growing market. New energy vehicles (NEVs), such as hybrids and electric vehicles (EVs), were also fueling the record production and exports”.
https://www.voanews.com/a/russian-market-evs-give-china-fuel-to-pass-japan-as-top-car-exporter-/7438398.html https://www.voanews.com/a/russian-market-evs-give-china-fuel...
- maxglute 3y agoWe're talking about NEVs/EVs, where hockey stick growth in that segment last few years isn't explained by just RU market. 840k includes traditional gas power autos, though no one has tracked down said "customs data" since the original claim (Bloomberg allegedly pulling quote from secretary general of China Passenger Car Association). Yes, PRC car exports surged in RU, but it's only part of growth, and part of planned growth. PRC auto ordering ~150-200 Ro-Ros because they expect more global exports, more than RU can absorb. 500k from from report of RU bank a week ago. Although that might have been sales. I'll try to dig it up.