Passenger car exports reached 796,000 units, while domestic sales fell 25.5% to 1.3 million amid weak demand.
China’s passenger car exports surged 84.5% year-on-year in April to 796,000 vehicles, driven by automakers expanding overseas as domestic sales decline. New energy vehicle exports rose over 120% to 420,000 units.
Domestic sales dropped 25.5% to 1.3 million vehicles, marking the sixth consecutive monthly decline. Analysts cite reduced government incentives for electric vehicles and economic uncertainty as key factors weighing on demand.
The shift reflects fierce competition among Chinese automakers, with over 1,450 vehicles showcased at the recent Beijing auto show, highlighting advancements in AI and battery technology.