According to CCTV news, the latest data from Autostat shows that in July this year, Chinese brand cars accounted for 24.3% of the Russian car market, with a total of 8,642 units sold. For the first time, Chinese brands overtook Korean brands to occupy the second place in the Russian new car sales market.
According to experts, the sales of Chinese brand cars in the Russian market began to climb in April this year. According to July sales, one out of four new cars sold in Russia is now a Chinese brand.
In addition to cars, Kommersant last month cited representatives of major marketplaces as saying that sales of Chinese branded TVs in Russia have almost doubled, and IT House has learned that Ozon News Service data show that in May 2022 sales of Chinese branded TVs increased by 95 percent year-on-year.
In addition, some Russian experts have argued that Chinese brands will soon occupy 90% of the market share of cell phones and household appliances in Russia.
