what was the used car export situation in 2024?
In the past 2024, China's used car export situation is optimistic, the market is growing rapidly, but is still in the early stage of development, both opportunities and challenges. The main export markets include Africa, Central Asia, Southeast Asia and other countries along the “Belt and Road”, as well as Russia and the Middle East.
The proportion of new energy models in used car exports has increased significantly, and some export markets have shown high demand for Chinese new energy vehicles. For example, in Central Asia and Russia, the “parallel export” model for new vehicles is highly sought after, especially for Chinese electric vehicles with high equipment and reasonable prices.
The Chinese government has introduced a number of policies to promote the export of used cars, including optimizing the customs clearance process, supporting enterprises to build export bases, and gradually relaxing the entry thresholds of enterprises through pilot projects. Local governments are also actively promoting the export of used vehicles by providing support for logistics and customs clearance, which has led to the gradual expansion of the export scale.
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