China's EV exports surge to record on European demand

MG4 orange 2022 during testing — Car manufacturers in China such as MG parent SAIC Motor (the MG4 full-electric compact is shown) exported $3.2 billion worth of EVs in November, up 165 percent from a year ago.

By:

Bloomberg

December 29, 2022 05:00 AM

Exports of electric vehicles from China more than doubled in November, creating a monthly record, mostly fueled by European automakers that farmed out the production to the country.

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