China dethrones Japan as top car exporter in 2023 as EV sales grow
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China became the world’s biggest car exporter in 2023 for the first time, industry data showed, dethroning Japan with strong overseas sales of electric vehicles.
Data from a Japanese trade organization, released Wednesday, showed the country’s car exports in 2023 rose 16 percent from a year earlier to 4.42 million vehicles, falling behind China that saw a 58 percent increase to 4.91 million vehicles.
Japan was overtaken for the first time since Germany ranked top in 2016. Demand for all-electric vehicles to reduce carbon emissions is growing around the world, with China’s automakers such as BY...