China 2022-09-15T04:49:05+03:00
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Shanghai's pure electric passenger vehicle exports soar 14.3 times in Jan.-Aug.

Shanghai's pure electric passenger vehicle exports soar 14.3 times in Jan.-Aug.

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China, Customs, vehicles, PRC, automobile
The new energy convertible Hongguang MINIEV CABRIO. Photo by Xinhua/Ding Ting.
The new energy convertible Hongguang MINIEV CABRIO. Photo by Xinhua/Ding Ting.

The export value of Shanghai's pure electric passenger vehicles came in at approximately 20.68 billion yuan ($3.22 billion), up 14.3 times year on year, in the first eight months of 2021, local customs said, according to The Xinhua News Agency reports.

From January to August, the city's automobile exports reached nearly 35 billion yuan, up 247.8% compared with the same period last year.

During the period, pure electric passenger cars, also known as battery electric passenger vehicles, accounted for nearly 60% of Shanghai's total automobile export value, showing the rapid momentum of the new energy vehicle industry in Shanghai, according to the local customs.

Meanwhile, the city's auto parts exports hit 30.17 billion yuan, up 31.2% year on year.

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