Chinese brands account for more than half of the Russian car market

With the outbreak of the Russian-Ukrainian conflict two years ago, many European, American, Japanese and Korean auto brands were forced to withdraw from the Russian market. Chinese automakers seized this historic opportunity and quickly filled the market gap. According to the latest statistics, the sales of Chinese auto brands in Russia exceeded 500,000 units in 2023, with a market share of nearly 50%, achieving a huge leap.