China's exports of used commercial vehicles are steadily developing

Feb,07,2024visited: 706

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The market for used commercial vehicle exports shows that China occupies a significant position in the global market. After more than four years of rapid growth, China's used car export business is now in a critical period of standardized development and comprehensive integration into the global market. At present, the number of automobiles in China has exceeded 330 million, and the number of new energy vehicles has reached 18.21 million, providing a good foundation for the export of used cars. Especially in the field of commercial vehicles, taking heavy-duty trucks as an example, the Chinese market has accounted for 40% of the global market share.

In recent years, China's used car exports have continued to grow. Within the next 3 to 5 years, China is expected to export over 500000 used cars annually. By 2025, it is expected that the export volume of used cars will exceed 6 million, including 2.6 million new energy vehicle models and 300000 heavy-duty trucks.

In addition, with the realization of the global dual carbon goal and the infrastructure demand of the "the Belt and Road", it is expected that China's used car export industry will further grow. With the influence of new car brands and the improvement of overseas after-sales systems, the used car industry in China will make the export of used cars increasingly simple.


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