China today exports ~13k cars every day. Every freakin' day! 🤯🤯 Where India Stands ?
China today exports ~13k cars every day. Every freakin' day! 🤯🤯. This is crazy. Cuz, till 2019, China never exported as many cars as India did in any given year. And then suddenly gears shifted. So much so that in 2022, it became the world’s No.3 car exporter after Japan & Germany. And so far in 2023, it has already toppled both to become the No.1! 👑👑 Here’s all you should know! .. Car exports: 📈 ’19: China’s = India’s 📈 ’20: China's = 1.5x of India's 📈 ’21: China's = 2.1x of India's 📈 ’22: China's = 3.9x of India's Mind it, this is not a case of India’s exports shrinking. Rather, a case of China’s exports growing exponentially 🚀🚀 .. Some might say that this is because Tesla set up shop there. 🔆 Yes, Tesla does make in China and export the cars to many nations globally 🔆 But, Tesla only accounted for 10% of China's total car exports in 2022. Just 10%! .. And, China’s exports are only going to grow crazy faster going ahead. Why? Cuz, t