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Overcapacity or just simple supply and demand China-speed? According to the China Association of Automobile Manufacturers, China exported over 1.35 million vehicles in just the first two months of the year, up nearly 50% year-on-year. That's almost 1,000 cars every hour leaving the country. Even more striking: New Energy Vehicles (NEVs) now make up over 40% of exports, with over 300 EVs and hybrids shipped globally every hour. What's behind this explosive growth? And why are more countries saying "yes" to Chinese cars? Tune in.
Overcapacity or just simple supply and demand China-speed? According to the China Association of Automobile Manufacturers, China exported over 1.35 million vehicles in just the first two months of the year, up nearly 50% year-on-year. That's almost 1,000 cars every hour leaving the country. Even more striking: New Energy Vehicles (NEVs) now make up over 40% of exports, with over 300 EVs and hybrids shipped globally every hour. What's behind this explosive growth? And why are more countries saying "yes" to Chinese cars? Tune in.