100 Chinese car brands may enter the Russian market this year
In recent years, Chinese cars are becoming more and more common in Russia. In 2022 alone, 487 new Chinese vehicle dealerships were opened in Russia, bringing the total number to 1,041, accounting for almost one-third of the total number of Russian car dealers, CarNewsChina.com writes. 
100 Chinese car brands may enter the Russian market this year
New Age – New Road

100 Chinese car brands may enter the Russian market this year

Visitors view a vehicle at the booth of ORA, a sub-brand of Chinese automaker Great Wall Motors during the China Motor Show (Tianjin) 2022 in north China's Tianjin (Photo: AFP/Xinhua/Zhao Zishuo)
Eurasia 15/03/2023 08:00

In recent years, Chinese cars are becoming more and more common in Russia. In 2022 alone, 487 new Chinese vehicle dealerships were opened in Russia, bringing the total number to 1,041, accounting for almost one-third of the total number of Russian car dealers, CarNewsChina.com writes. 

According to the article, since the start of the war in Ukraine, numerous Western car brands left Russia, and by the end of 2022, 46 out of 60 Western car brands had withdrawn from the Russian market, which in turn created an opportunity for Chinese cars in the Russian market.

It is estimated that about 100 Chinese auto brands may enter the Russian market in 2023.
A Geely's Geometry C electric car is seen on display before the signing ceremony in Budapest, Hungary (Photo: AFP/Xinhua/Attila Volgyi)
Chinese car companies first entered Russia as early as 2004. That year, only 150 Chinese cars were sold in Russia. It wasn’t until 2013 that the annual sales volume exceeded 100,000 vehicles with the largest Chinese players being Chery, Great Wall Motors, and Geely, CarNewsChina.com adds. Currently, Chery has three brands in the Russian market, namely: Chery, Exeed, and Omoda. In 2022, the sales volume of these three brands was 38,000, 13,000, and 1,521 vehicles, respectively.
On the first working day of the New Year, workers are busy producing Wey Tank 300 in the Chongqing Branch of Great Wall Motors in Yongchuan District, Chongqing, China (Photo: AFP/ImagineChina/Chen Shichuan)

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