China's Auto Exports to Surpass 5.2 Million in 2023

"China is expected to become the world's largest automobile exporter." Recently, China's automobile industry has attracted the attention of many foreign media. They believe that this marks a major change in the global automobile industry pattern.

In recent years, China's automobile export performance has become increasingly outstanding. In 2021 and 2022, China's automobile exports will reach 2 million and 3 million vehicles in a row. In 2023, it crossed two million levels, exporting 5.221 million vehicles, a year-on-year increase of 57.4%.

My country has vigorously promoted the green and low-carbon transformation and upgrading of the automobile industry, and the export of new energy vehicles has added bright colors to the industry. Lu Daliang, spokesperson of the General Administration of Customs and director of the Statistics and Analysis Department, said that currently, one out of every three cars exported by China is an electric passenger vehicle. The annual export of electric passenger vehicles was 1.773 million units, an increase of 67.1%. Contribute to the global green and low-carbon transformation.

As the export of complete vehicles accelerates, the industrial chain is also accelerating its "going overseas". Data shows that the export share of core automotive parts such as power batteries and motors has grown rapidly in recent years.

"This fully shows that China's status as a major automobile industry power is becoming more and more stable." Fu Bingfeng, executive vice president and secretary-general of the China Automobile Association, believes that the rapid growth of automobile exports, especially new energy vehicles, in recent years marks the development of China's automobile industry. Remarkable achievements have been made in electrification and intelligent transformation, and have been recognized by consumers around the world, which has accelerated the transformation process of the global automobile industry.

"My country's automobile industry has persisted in technological innovation and built a complete industrial and supply chain. Automobile production and sales have hit new highs, and the corresponding export scale has gradually expanded." Lu Daliang said that looking to the future, China's automobile industry still has a strong comprehensive With competitive advantages, we can continue to provide more and better innovative products to meet the needs of global consumers.