China’s new energy electric car vehicle export volume in 2023

The report states that in the first half of this year, China’s automobile exports reached 2.3 million, continuing its advantage in the first quarter and maintaining its position as the world’s largest automobile exporter; In the second half of the year, China’s automobile exports will continue to maintain a growth momentum, and annual sales are expected to reach the top in the world.
Canalys predicts that China’s automobile exports will reach 5.4 million units in 2023, with new energy vehicles accounting for 40%, reaching 2.2 million units.
In the first half of this year, the sales of new energy light vehicles in Europe and Southeast Asia, the two major exporting countries of China’s new energy vehicles, reached 1.5 million and 75000 units, respectively, with year-on-year growth of 38% and 250%.
At present, there are more than 30 automobile brands in the Chinese market exporting automobile products to regions outside Chinese Mainland, but the market head effect is significant. The top five brands occupy 42.3% of the market share in the first half of 2023. Tesla is the only automobile brand not in China among the top five exporters.
MG holds a leading position in China’s new energy vehicle exports with a 25.3% share; In the first half of the year, BYD’s light vehicles sold 74000 units in the overseas new energy market, with pure electric vehicles being the main type, accounting for 93% of the total export volume.
Moreover, Canalys predicts that China’s overall automobile exports will reach 7.9 million by 2025, with new energy vehicles accounting for over 50% of the total.

Recently, the China Association of Automobile Manufacturers (China Association of Automobile Manufacturers) released automobile production and sales data for September 2023. The new energy vehicle market performed particularly well, with both sales and exports achieving substantial growth.

According to data released by the China Automobile Association, in September 2023, my country’s new energy vehicle production and sales completed 879,000 and 904,000 vehicles respectively, a year-on-year increase of 16.1% and 27.7% respectively. The growth of this data is due to the continued prosperity of the domestic new energy vehicle market and the continuous advancement and popularization of new energy vehicle technology.

In terms of new energy vehicle market share, it reached 31.6% in September, an increase compared with the same period last year. This growth shows that the competitiveness of new energy vehicles in the market is gradually increasing, and also indicates that the new energy vehicle market will have greater room for development in the future.

From January to September, the production and sales of new energy vehicles were 6.313 million and 6.278 million respectively, a year-on-year increase of 33.7% and 37.5% respectively. The growth of this data once again proves the continued prosperity and development trend of the new energy vehicle market.

At the same time, my country’s automobile exports have also shown strong growth momentum. In September, my country’s automobile exports were 444,000 units, a month-on-month increase of 9% and a year-on-year increase of 47.7%. This growth shows that the international competitiveness of my country’s automobile industry continues to improve, and automobile exports have become an important economic growth point.

In terms of new energy vehicle exports, my country exported 96,000 new energy vehicles in September, a year-on-year increase of 92.8%. The growth of this data is significantly higher than the export of traditional fuel vehicles, indicating that the competitive advantages of new energy vehicles in the international market are increasingly prominent.

From January to September, 825,000 new energy vehicles were exported, a year-on-year increase of 1.1 times. The growth of this data once again proves the increasing popularity of new energy vehicles in the global market. Especially in the context of the increasingly popular concept of environmental protection, the demand for new energy vehicles will further increase. In the future, with the continuous development of new energy vehicle technology and the improvement of market acceptance, my country’s new energy vehicle industry is expected to continue to maintain a strong growth momentum.

At the same time, the growth of my country’s automobile exports also reflects the continuous improvement of the international competitiveness of my country’s automobile industry. Especially in the context of the global automobile industry facing transformation and upgrading, my country’s automobile industry should actively strengthen technological innovation, improve product quality, and optimize the industrial structure to adapt to the changes and needs of the global automobile market.

In addition, for the export of new energy vehicles, in addition to the quality and technical advantages of the product itself, it is also necessary to actively respond to differences in policies, regulations, standards and market environments in different countries and regions. At the same time, we will strengthen cooperation with local enterprises to expand the brand’s visibility and influence to achieve wider market coverage and growth.

In short, the continued prosperity and development of the new energy vehicle market will have an important impact on the development of my country’s automobile industry. We should fully understand the potential and opportunities of the new energy vehicle market and actively promote the development and upgrading of the new energy vehicle industry to achieve the sustainable development and international competitiveness of our country’s automotive industry.