my country’s automobile production and sales exceeded 30 million units for the first time, hitting a record high

2024-01-11 06:30:33

Data released by the China Association of Automobile Manufacturers today (11th) shows that in 2023, my country’s automobile production and sales will exceed 30 million units for the first time, setting a record high. Among them, 4.91 million units will be exported, and it is expected to become the world’s number one automobile exporter.

In 2023, my country’s automobile production and sales will complete 30.161 million units and 30.094 million units respectively, a year-on-year increase of 11.6% and 12% respectively, of which 4.91 million vehicles will be exported, a year-on-year increase of 58%. In 2022, China will become the world’s second largest automobile exporter.

China is expected to become the world’s largest automobile exporter

In 2023, China’s exports of cars will reach 4.91 million units, and it is expected to become the world’s largest car exporter. Currently, Chinese cars have been exported to more than 200 countries and regions.

Fu Bingfeng, Executive Vice President and Secretary-General of the China Association of Automobile Manufacturers:It took us 55 years to increase the number of Chinese automobile exports from 1 to 1 million. In 2021, it exceeded 2 million, and in 2023, it reached 4.91 million, close to 5 million. This marks the transformation of China’s automobile industry towards electrification and intelligence. Remarkable achievements have been made in this regard, which has accelerated the transformation process of the global automobile industry.

China’s automobile industry has gone through 70 years and achieved many firsts

From 1953 to 2023, New China’s automobile industry has gone through 70 years, during which it created many firsts. In 1956, New China’s first “Jiefang” truck rolled off the assembly line, ending our country’s history of being unable to produce cars; in 2009 In 2016, China’s automobile production and sales exceeded 10 million units for the first time, surpassing the United States and becoming the world’s largest automobile producer and sales country. It has maintained this record for fifteen consecutive years. The latest data shows that in 2023, China’s automobile production and sales will hit a record high, both exceeding 30 million vehicles.

New energy vehicles have become an important growth point for China’s automobile industry

Today, new energy vehicles have become an important growth point for China’s automobile industry, and their export-driven role is obvious. my country’s new energy vehicle exports reached 1.203 million units, a year-on-year increase of 77.6%. In the fourth quarter of 2023, China’s independent brand BYD became the world’s largest pure electric vehicle manufacturer.

At present, my country has formed large new energy vehicle industry clusters such as the Yangtze River Delta, Pearl River Delta, Chengdu and Chongqing, gathering more than 1,000 domestic and foreign companies, and established a structurally complete and organically coordinated new energy vehicle industry chain supply chain system, covering basic materials, my country has become the largest producer of drive motors across the entire chain, including parts and vehicles, and China’s power battery patent applications account for 74% of the world’s total. Among the top ten companies with global power battery installed capacity in 2023, Chinese companies will occupy six seats, with a market share of more than 60%.

Zhang Jinhua, Chairman of the China Society of Automotive Engineers:China’s new energy vehicle technology and products have become an important force supporting the transformation of global automobiles. The establishment of China’s new energy vehicle ecological chain will play a greater role in continuously enhancing the linkage of the two resources in the domestic and international markets.

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