In 2021, China led the world with nearly 500,000 electric car exports because of the increasing sales in Europe and Southeast Asia by emerging cost-competitive automakers.
According to the General Administration of Customs of China, the number of passenger EVs exported in 2021 increased 2.6 times to 499,573 units.
Meanwhile, Germany doubled its exports to about 230,000 units, while the U.S fell by 30 per cent to around 110,000 units, and Japan increased by 24 per cent to 27,400 units.
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China accounts for 60 per cent of global EV production and is emerging as the world’s factory for EVs having already secured the same position in digital product manufacturing.
Exports to the EU grew in the wake of it announcing a policy to ban the sale of new hybrid and gasoline-powered vehicles in 2035.
China’s EV exports to Europe rose fivefold to 230,000 units, with the region absorbing half of China’s total EV exports.
Belgium imported 87,000 units and the U.K. 50,000 units. Of the almost 500,000 units exported, more than 100,000 appear to have originated from Tesla’s Shanghai plant.
China’s EV export growth has been facilitated by its intense concentration on the sector. China accounted for 57.4 per cent of the total, Europe and the U.S. for 22 per cent and 12 per cent, respectively, while Japan accounted for just 0.9 per cent.SAIC Motor is working on its recharging infrastructure in Thailand and has already installed quick rechargers at more than 120 locations, including dealerships, to facilitate recharging within a range of 150 kilometres. The manufacturer plans to increase the number to 500 in the future.
European companies are also competing. Volkswagen is increasing its battery production capacity and will have built six plants in Europe by 2030. Japanese players meanwhile are lagging behind as they develop their own supply networks. Although Toyota Motor has said that it plans to build a battery plant in the U.S., the company still sources most of its batteries from a major Chinese manufacturer.
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