$Tesla (TSLA.US)$ Jan-Apr 2023 Top 10 Vehicle Exporter: Tesl...

ZnWC wrote a post · Jun 22, 2023 08:22

Jan-Apr 2023 Top 10 Vehicle Exporter: Tesla ranked 3rd (128,000 units) and BYD 9th (58,000 units). Other Tesla's rivals XPeng, Nio and Li Auto ,whose sales are largely in China, are not in the list.

Note that Tesla China produced 100% EV (all BEV) while the other carmarkers' vehicle export include non-EV.

SAIC which includes foreign brands produces and sells vehicles under its own branding, such as Feifan, IM, Maxus, MG, Roewe, Baojun (under SGMW), Wuling (under SGMW), as well as under foreign-branded joint ventures such as SAIC-Volkswagen (Volkswagen, Skoda, Audi) and SAIC-General Motors (Buick, Chevrolet, Cadillac).

Cherry Automobile also includes foreign brand. Jaguar Land Rover formed a 50:50 joint venture with Chery dubbed Chery Jaguar Land Rover for the production of Jaguar and Land Rover cars in China.

$Tesla (TSLA.US)$ Jan-Apr 2023 Top 10 Vehicle Exporter: Tesla ranked 3rd (128,000 units) and BYD 9th (58,000 units). Other Tesla's rivals XPeng, Nio and Li Auto...

Quote:

Tesla China, SAIC, Chery, Geely, Great Wall Motors, Changan, and BYD are among the biggest contributors to Chinese vehicle exports. Currently, SAIC is the largest Chinese vehicle exporter with its MG brand contributing the most to this stellar performance. For every three cars exported, one is made by SAIC. On the contrary, it is surprising that BYD only came in 9th with only 58,000 units.

In the first quarter of this year, China surpassed Japan and Germany to become the world’s largest vehicle exporter for the first time, exporting a total of 1.069 million vehicles. Japan used to be the world’s leading vehicle exporter, exporting 1.047 million vehicles in the first quarter of this year.

Source:

China became the world's largest vehicle exporter in Q1 2023, surpassing Japan - carnewschina

$BYD COMPANY (01211.HK)$ $BYD Co. (BYDDF.US)$ $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Tesla (TSLA.US)$ $VOLKSWAGEN A G (VWAGY.US)$ $NIO Inc (NIO.US)$ $Li Auto (LI.US)$ $XPeng (XPEV.US)$ $General Motors (GM.US)$ $Ford Motor (F.US)$ $Rivian Automotive (RIVN.US)$ $TOYOTA MOTOR CORP (TOYOF.US)$

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ZnWC

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I reflect trading experience by writing journals. My posts and comments are for education purpose not financial advice.

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