China's car exports grew eightfold to 5.5 million in five years
Original title: China drives to the top · McKinsey & Company · 23 Sept 2025
Fast-moving · data as of 23 Sept 2025
Original chart: McKinsey & Company
So what
China went from 0.7 million car exports in 2019 to 5.5 million in 2024, overtaking Japan's 4.2 million. With EVs nearing half of Chinese exports, incumbents face a competitor scaling in the very segment they are still building. Western and Japanese OEMs must defend home and third markets on cost and speed, not brand alone.
- Data sources
- China Customs; German Federal Statistics Office; Japan Automobile Manufacturers Association; Korea Automobile & Mobility Association; National Institute of Statistics and Geography (INEGI); US Census Bureau
- Authors
- Daniel Zipser
- Source article
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- Rights
- Original-source link only. Killerchart does not reproduce this chart.
- Publisher terms
- Read McKinsey & Company’s terms ↗
