China is set to the world's largest automobile exporter for the first time. In the first quarter of this year, China traditional car-making giants Japan and Germany for the first time. Chinese manufacturers more than 1.06 million vehicles in the first quarter of 2023. In doing so, they Japan's number of 1.05 million. China's car industry has great strides in the past few years. Throughout the 2010s, it to produce around a million cars a year. That to two million in 2021 and then to three million a year later. China is to more than production numbers from just four years ago to become the world's largest auto exporter.
China is the world's largest manufacturer of electric vehicles (EVs). Elon Musk's Tesla a giant "gigafactory" in China. It has a capacity of 1.25 million vehicles a year, but is yet to maximum output. The plant a large volume of Tesla cars to Canada, Europe and Japan. However, Tesla is about to its crown as the world's largest EV maker to a Chinese company BYD. Last month, BYD a compact EV called Seagull, with a starting price of $11,000. The top three countries that China cars to are Russia, the United States and Mexico. Exports to Russia have been by Western countries trade sanctions on Moscow.
