The African automotive market shows vigorous vitality

The African automotive market shows vigorous vitality. In 2024, the auto market size in Africa reached 1.41 million units, with a year-on-year growth of 6.04%.

Among them, the sales volume of new energy vehicles was 323000 units. This continent is demonstrating its strong appeal as an emerging market.

From 2020 to 2024, China’s auto exports to Africa soared from 150000 units to 370000 units, an increase of 151%, with an average annual growth rate of 20%. Especially in 2024, there was explosive growth, with a growth rate as high as 60%.