#ChineseCar #NewEnergy #ElectricVehicles
Earlier last month, Russian analytical agency Autostat also counted that the market share of Chinese car brands in Russia increased from 9% to 37% last year. At the same time, the market share of Korean cars dropped from 28.3% to 11.2%, and the share of European and Japanese brands all fell below 10%, while American cars were less than 1%... All relevant data will only prove this again. It is said that the trend of the Russian car market will ultimately fluctuate with the relationship between China and Russia.
At this moment, we still cannot deny such a prospective scenario. Now, when the data from Autostat and consulting firm PPK tells us again that Chinese brand new car sales currently account for nearly 40% of Russian brand new car sales in the first two months of the year; in addition to the surge in market share, the price of Chinese brand cars has also increased by 53% to 73%. I believe that Chinese cars will surely create a historic moment in Russia in 2023. In other words, more and more Russians will replace their cars with Chinese brands.
So, when other brands have left Russia, why did only Chinese cars choose to stay? Is the huge increase in sales in Russia at this time a good thing for Chinese cars? In other words, is the Russian auto market still worth exploring? Which Chinese car brand does Russia like the most? Hi! Welcome to Auto Age. Before we started today’s video, please subscribe to the channel and turn on the notification bell. OK, let’s get started!
