Shanghai's vehicle exports hit record high in H1

Xinhua | Updated:Aug 5, 2021

Shanghai exported 206,000 motor vehicles in the first half of 2021, \r\nup 1.65 times from the same period last year, Shanghai Customs said Aug 3.

The total value increased to 20.64 billion yuan (about $3.19 \r\nbillion), up 1.9 times year-on-year, said the customs, adding that the \r\nvolume and value of the exported vehicles reached a record high.

With more cars sold to developed economies, Shanghai exported 63,000 \r\nvehicles to the European Union, Australia and the United States in H1, \r\naccounting for 30.5 percent of its total exports.

A total of 60,000 electric vehicles were exported by the metropolis \r\nfrom January to June, increasing 7.5 times year-on-year and accounting \r\nfor 34.3 percent of the country's total.

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