Invasion: China has already exported 3.22 million cars in 2023

China has exploded its exports by +65% in one year between January and August 2023. A record that raises concerns.

The Chinese powerhouse is in full swing, and only the cleverest will be able to stop it. Or at least slow it down. France has decided to set up an ecological eligibility file to trigger the payment of the bonus for electric cars to stop granting subsidies that harm its foreign trade, but on its own, it won’t worry China.

Europe has therefore also taken up the issue, which, conversely, has not failed to ignite China’s anger… which is a good sign. It is only in conflict that we move the lines. Protectionism is therefore necessary for Chinese manufacturers to decide to invade Europe, yes, but by opening factories to produce their cars on the Old Continent.

Between January and August 2023, already 3.22 million cars have set sail to invade the world, 436,000 in August alone. A record! This represents a 65% increase in the same first months of the year versus 2022. For comparison, China exported 3.4 million cars over the entire year of 2022. At the same time, besides volume, the value of cars sold has risen by 11%, which ultimately amounts to an 85% increase in turnover in one year.

The analysis of these figures is intriguing but also reflects China’s duality in foreign trade: 544,000 cars have been exported to Russia since January 2023, a 664% increase versus 2022. A sign that the war in Ukraine is an opportunity for some…

Mexico then took in 257,000 cars, Belgium 155,000, Australia 154,000, Saudi Arabia 134,000, England 132,000, Thailand 105,000, the Philippines 100,000, the United Arab Emirates 98,000, Spain 90,000… and the rest of the world 1.448 million.

And all these cars are traveling across oceans on enormous ships that don’t run on electricity…

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