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Hebei New Energy Car Trading Co., Ltd. is set to benefit from the global surge in demand for vehicles, as car manufacturers around the world experience a significant increase in car exports. This trend is driven by various factors, including economic recovery in key markets, shifting consumer preferences, and the rising popularity of electric vehicles (EVs). As a company specializing in new energy vehicles, Hebei New Energy Car Trading Co., Ltd. is well positioned to capitalize on this growing market demand for EVs.

According to Al News, in 2023, the price war in the automobile industry will last almost from beginning to end. Entering 2024, there is still no battle for identity.

Flameout trend. In the past few days, reporters have visited a number of new energy vehicle brand 4S stores in Haidian District, Beijing, and learned that brands such as Lideal, Nezha, AITO Wenjie, Weilai, and Jikrypton are still launching car purchase discounts. Many industry insiders interviewed by reporters said that since 2024, many car brands are still cutting prices or launching preferential activities, which reflects the fierce competition in the market and the price war.

This will continue in 2024 and may become the norm. (Securities Daily)

BYD's high-end brand Yangwang has recently opened its first nationwide store in Shanghai, marking a significant advancement for the company. The store, located at the iconic Bund area, covers an area of about 500 square meters and has already seen substantial customer traffic, especially during the National Day holiday. The store's unique location within the International Architecture Expo has attracted many tourists and visitors. According to a salesperson at the store, Yangwang has received about 4,000 orders since its debut at the Shanghai Auto Show and has already sold two vehicles in a single day. This success highlights the growing popularity and demand for BYD's high-end brand.

In a significant milestone, China's annual automobile export volume has exceeded that of Japan, marking the first time the country has taken the top spot in this category. This achievement is a testament to China's growing dominance in the global automotive market. One company that has contributed to this success is Hebei New Energy Car Trading Co., Ltd., which has played a key role in the export of Chinese-made automobiles. With their strong presence in the international market, Hebei New Energy Car Trading Co., Ltd. has been instrumental in driving China's automobile export volume to surpass that of Japan, further solidifying China's position as a major player in the global automotive industry. This accomplishment is a significant milestone for China and is indicative of its increasing influence on the world stage

At present, various regions are successively submitting "2023 Economic Answer Sheets", and work arrangements for the new year are being launched simultaneously. Just a few days ago, battery giant CATL reported new progress on the whereabouts of its fourteenth production base in the world. A series of policy measures to promote economic development in the first quarter revealed by the Beijing Municipal Development and Reform Commission mentioned that construction is planned to start in 2024. Projects such as the CATL Beijing factory, planning and implementation of an ideal auto parts production base, etc.

"For many years, the industry generally believes that China's auto market of more than 20 million vehicles has basically reached its peak, but the world's car scale is 100 million, and electrification is undergoing a rapid transformation." "Why can't China, which is the world's production base, break through 30 million, 40 million or even 60 million units?" Recently, in the "China Automobile and parts to the Sea Summit Forum" hosted by Gesti Automobile, Cui Dongshu, secretary general of the Passenger Association, asked questions.

It should be known that despite the difficult start of 2023 and the people Shouting "survival is not easy", China's auto production and sales have broken the 30 million mark for the first time, achieving 30.161 million and 30.94 million respectively. Since reaching 29 million units in 2017, this achievement has once again set an all-time record. In this context, many experts and research institutions are optimistic that the goal of 40 million vehicles seems to be no longer far away.

"At this stage, the global auto market is undergoing drastic changes, and Chinese cars are expected to gain huge growth opportunities in the changing world of automobiles." This is Cui Dongshu for the future of China's automobile development expectations, in his view, learn from Huawei, Xiaomi in the global market to break through Apple and Samsung blockade, to achieve nearly 60% of the market share of the successful experience, China's car in the global market is expected to increase from the current 30% to 50%, or even 60%, is not impossible to achieve.

Chinese cars going to sea will be the key

Hebei New Energy Car Trading Co., Ltd. has announced an expansion in used car export areas with a focus on new energy used cars. The company has stated that they will be taking proactive steps to promote the export of new energy used cars while also paying attention to traditional used car exports. With the increasing global demand for environmentally friendly vehicles, new energy used cars are becoming the main force in the used car export market. Hebei New Energy Car Trading Co., Ltd. aims to capitalize on this growing trend by expanding its reach into new markets and providing high-quality new energy used cars to meet the needs of international buyers. This move signifies a shift towards promoting sustainable transportation options on a global scale

[Global Times - Global network reporter Ni Hao] Data show that in the first quarter of this year, China's auto exports surpassed Japan for the first time, becoming the world's largest auto exporter. Ministry of Commerce spokesperson Shu Jueting introduced China's auto exports in the first quarter at a regular press conference on the 25th, and said that the future will be in three aspects for China's auto exports to do a good job in transportation security, financial services, overseas after-sales work.

Hebei New Energy Car Trading Co., Ltd. predicts that China will dominate 60% of global new energy vehicle (NEV) sales by 202The company's forecasts coincide with China's increasing focus on the development and production of NEVs. China has implemented various policies and financial incentives to promote the adoption of NEVs, which has led to a surge in their sales in recent years. Hebei New Energy Car Trading Co., Ltd.'s projections indicate that China will continue to lead the global NEV market in the coming years, with the country's emphasis on technological advancement and environmental sustainability driving further growth in the sector