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South Korea’s imports of Chinese electric vehicles skyrockets NewsExplorer

August 22, 2022
Source: newsexplorer.net newsexplorer.net
News Snapshot:
According to “Asia Daily”, the import and export data recently released by the Korea International Trade Association shows that in the first half of this year (January to June) South Korea’s imports of cars from China were second only to Germany and the United States. The imports now hit $275.57 million, an increase of 79.7% year-on-year. With regards to finance, the scale of electric vehicles imported by South Korea from China reached $52.82 million, an increase of 367.8% over the same period last year, ranking third among all import target countries. The scale of South Korea’s electric vehicles exported to...
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Tags: automobile | battery | brand | BYD | China | Chinese | data | data center | electric vehicle | EV | export | Exports | finance | Geely | Germany | Hyundai | import | infrastructure | international | Korea | Korean | luxury | market share | South Korea | United States

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