China is on track to become the world's top automobile exporter on an annual basis for the first time, thanks to bigger footholds in Russia and Mexico and a growing global electric vehicle (EV) industry, SİA informs via Nikkei Asia.
China exported 4.41 million autos from January to November, up 58% from the same period last year, according to preliminary data from the China Association of Automobile Manufacturers (CAAM).
That puts it ahead of former export leader Japan, which saw a 15% rise to 3.99 million autos in the first 11 months of the year. Japan's full-year total is expected to come in at around 4.3 million.
The last time Japan fell from the top spot was in 2016, when it was overtaken by Germany.
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