Tag: Cars

China’s electric vehicle (EV) exports are expected to almost double this year, helping the nation overtake Japan as the biggest car exporter worldwide as US rivals like Ford rue their competitive struggles.

China’s EV shipments are expected to reach 1.3 million units in 2023, according to an estimate by market research firm Canalys, versus 679,000 units in 2022 as reported by the China Association of Automobile Manufacturers (CAAM).

They will contribute to a surge in combined exports of petrol and battery-powered vehicles to 4.4 million units from 3.11 million in 2022, the research firm added. Japan’s exports in 2022 totalled 3.5 million units, according to official data.

Aided by their design and manufacturing heft, Chinese EVs are “value for money and high-quality products, and they can beat most of foreign brands,” Canalys said in a report published on Monday. Battery-powered vehicles, which comprise pure electric and plug-in hybrid models, are becoming a major export driver, it added.

Gulf Auto Center DMCC organised the Second China Used Auto Export exhibition in Dubai and Egypt from Nov.03,2022 to Dec.03,2022. It was held to promote the used auto export business of Tianjin  in the Middle East, Africa and other countries and regions and to enhance the dealers-in-Dubai’s and Egypt’s understanding of Tianjin’s used auto export enterprises and quality auto sources.

More than 100 cost-efficient auto models of over 20 types was successively exhibited in the exhibition.

On May 31, Sun Bing, chairman of Qingdao International Automobile Port Management Co., Ltd., and his team of 5 people visited Gulf Auto Center DMCC. Wu Weiben, general manager of Gulf Auto Center, led the staff to have a talk with the guests. Through the previous exchanges and communication, coupled with this in-depth meeting, the two parties reached an agreement: to give full play to their respective resource advantages to join forces and develop together.   In the end, the two parties happily signed the “Strategic Cooperation Agreement”. The two parties will build a parallel import car and second-hand car export trade cooperation platform in Qingdao International Automobile Port and Dubai, so as to achieve dual-platform linkage and cooperation between Qingdao Port and Dubai, and promote Qingdao and Dubai. Trade interoperability and cooperation in the import and export of parallel-imported cars and second-hand cars; Carry out comprehensive cooperation in vehicle procurement, auto finance, parts supply, and after-sales service [...]