> Chinese vehicle exports exceeded 1 million units in both June and July, implying an annualized pace of more than 12 million vehicles, Kristoffersen said. That compares with fewer than 1 million Chinese vehicle exports before the Covid-19 pandemic, emphasizing the scale of the country’s emergence as an auto-exporting power.
> “It used to be a cheap product. Now it is a preferred product,” Kristoffersen said, describing Chinese-made vehicles as increasingly competitive on technology, functionality, quality, design and price.
> He said Oslo-based Wallenius Wilhelmsen (OTC: WILWY)) has found no indication that Chinese automakers are simply flooding overseas markets with unsold inventory. The carrier reviewed vehicle-registration data and activity at its own inland facilities and did not see evidence of mounting stockpiles, he said.
> A large volume of Chinese vehicle exports is still moving outside the traditional roll-on/roll-off shipping market because car-carrier capacity is unavailable, Kristoffersen said. He estimated that 2 million to 4 million vehicles annually are being shipped in containers or through other alternatives, with the actual figure probably closer to the high end of that range.
They have been for a while now ...
Unfortunately, with any organization, it's possible to buy safety ratings too.
I think there is signal that the quality, including the safety mentioned, is legitimate.
China growth straining global auto shipping capacity: Liner CEO - https://news.ycombinator.com/item?id=49553327 - September 2026
> Chinese vehicle exports exceeded 1 million units in both June and July, implying an annualized pace of more than 12 million vehicles, Kristoffersen said. That compares with fewer than 1 million Chinese vehicle exports before the Covid-19 pandemic, emphasizing the scale of the country’s emergence as an auto-exporting power.
> “It used to be a cheap product. Now it is a preferred product,” Kristoffersen said, describing Chinese-made vehicles as increasingly competitive on technology, functionality, quality, design and price.
> He said Oslo-based Wallenius Wilhelmsen (OTC: WILWY)) has found no indication that Chinese automakers are simply flooding overseas markets with unsold inventory. The carrier reviewed vehicle-registration data and activity at its own inland facilities and did not see evidence of mounting stockpiles, he said.
> A large volume of Chinese vehicle exports is still moving outside the traditional roll-on/roll-off shipping market because car-carrier capacity is unavailable, Kristoffersen said. He estimated that 2 million to 4 million vehicles annually are being shipped in containers or through other alternatives, with the actual figure probably closer to the high end of that range.