In 2023, the world saw an impressive 93.5 million vehicles being produced, which is 17% more than in 2022 and 2% more than the levels seen before the pandemic in 2019. But the big question is: Which country is making the most cars? Let’s break down the details and find out how the car industry is shaping up.
China: The Unstoppable Leader
China has absolutely dominated car production in 2023, accounting for a massive 32.2% of all cars made worldwide. That’s more than 30 million vehicles! This is no surprise, as China has invested heavily in boosting its car production, especially in electric vehicles (EVs), a sector they are rapidly growing. In fact, China has so many cars rolling off its production lines that it can produce more than double the number of cars it actually needs for its own population. The rest? It's all for export!
The Chinese government has set bold goals for the future, like the "Made in China 2025" initiative, which focuses on making China a global ...
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