Industry dynamics

Local Chinese carmaker's overseas sales up 40% in Q1; SAIC, Chery contribute lion's share

Publishtime:2019/08/16 Views:8

Xpeng had overseas sales of 1,783 units, Nio 388 units and Leapmotor 271 units in the first quarter.

The value of Chinese NEVs exported in the first quarter was $11.1 billion, up 18 percent year-on-year, according to Cui.

As a comparison, China's exports of all vehicles in the first quarter amounted to $25.2 billion, up 18 percent year-on-year.

Europe and Asia were the main export destinations for China's homegrown carmakers, contributing 216,000 and 121,000 units, respectively, in the first quarter.

Local Chinese brands sold 56,000 units in South America and 32,000 units in North America in the first quarter.

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