China takes great leap forward in Australia’s car market with EVs leading the charge
by Peter Hannam Economics correspondent from on (#67XYZ)
Exclusive: Sales of Chinese-made vehicles increased 61% in 2022 with one industry expert saying companies are innovating faster'
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China is rapidly becoming one of the largest sources of new cars for Australian buyers with Chinese carmakers' increasing dominance of electric vehicle sales in their home market potentially accelerating the transition off fossil-fuel powered transport.
In 2022, sales of Chinese-made vehicles in Australia totalled 122,845 units, a 61.1% increase on the previous year, according to Federal Chamber of Automotive Industries data. In December, imports from China were more than double a year earlier.
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