China Passenger Vehicle Exports Rise 77.8% In August

China passenger vehicle exports, including complete vehicles and CKD units, rose 77.8% year on year to 888,000 units in August, while falling 4.2% from July, according to ETNet. Exports accounted for 38% of total passenger vehicle sales by automakers, up from 20% a year earlier but down from 41% in the previous month. New energy vehicle exports climbed 154.7% year on year to 518,000 units in August, though they slipped 5% from July. They made up 58.4% of total passenger vehicle exports, 18 percentage points higher than a year earlier. Battery electric vehicles accounted for 63.4% of new energy vehicle exports, down from 66% a year earlier. Among new energy vehicle makers, BYD led August exports with 184,446 units, followed by Geely Automobile with 69,910 units, Chery Automobile with 68,431 units, Tesla China with 36,119 units, Changan Automobile with 28,323 units, SAIC Passenger Vehicle with 24,991 units, Leapmotor with 18,255 units and SAIC-GM-Wuling with 17,376 units.