Chinese EV makers look to expand across world

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    ANN/CHINA DAILY – Chinese electric vehicle (EV) makers are increasing their foray into overseas markets as many countries shift towards electrification.

    Hundreds of Neta U and Neta V models have arrived in Jordan as of last week, according to their maker Hozon. The Western Asian country is the latest overseas market for the Chinese startup.

    “Fuel is expensive in Jordan so there is a big potential for new energy vehicles,” a Hozon spokesperson said.

    Statistics show that the country imported 2,036 EVs in January, up 72 per cent year-on-year. Last year, total EV imports reached 16,990 units.

    Hozon launched its overseas campaign in August 2022, making Thailand its first international market.

    It now has three models available in the Middle East, Southeast Asia and Europe. Israel is another major destination in the Middle East for Chinese electric cars.

    According to statistics from the Israel Vehicle Importers Association, China became Israel’s largest supplier of imported passenger cars in January, with 7,753 units sold in the month, up from only 685 last year.

    With almost 3,000 units sold in Israel in January, BYD’s electric model Atto 3, which only began deliveries in Israel in October, is now the best-selling EV in the country.

    In 2022, the accolade went to Geometry C from Chinese carmaker Geely. The electric model’s sales totalled 5,381 units, ahead of the United States’ EV maker Tesla’s Model 3, which sold 2,959 units.

    Buses roll off Yutong’s assembly line in Zhengzhou, Henan province, which are to be shipped to Uzbekistan. PHOTO: CHINA DAILY