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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

What does the data say about china drives to the top?

McKinsey & CompanyView original

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
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