All of China's top electric vehicle makers saw exports charge ahead in March, although some of their costs are rising too.
Chinese workers check electric vehicles on the assembly line. Credit: IC Photo via Depositphotos
As war in Iran disrupts global trade and sends fuel prices soaring, China’s electric vehicle makers have emerged as one of the conflict’s winners.
Chinese manufacturers exported 350,000 EVs in March alone, a 30 percent increase from February and a 140 percent increase from March last year, data from the Chinese Passenger Car Association (CPCA) shows. Over the whole first quarter China’s EV exports grew by 77.5 percent from the year before, according to China’s customs administra
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