Leave Your Message
Number one in the world! China's auto export "rolls" win

Industry News

Number one in the world! China's auto export "rolls" win

2024-01-12

"The ideal L9, which sells for about 450,000 yuan at home, was once sold for 11 million rubles in Russia, equivalent to 900,000 yuan. In the eyes of Russian consumers, Hongqi is comparable to a Rolls-Royce." Dahua told "China News Weekly" that now at the Khorgos port, there are active a number of "flip dealers" engaged in automobile export business, and their "flip" cars are not only red flags, ideals, but also Chery, Geely, BYD, Changan, polar Krypton, tanks and other brand models.

"Russian consumers are very new to Chinese smart cars, such as the 'refrigerator, color TV, big sofa' on the ideal L9, which is not the same as the cars they have come into contact with before." In Russia, there is even an industry dedicated to polishing ideal cars in Russian." Dahua said.

Khorgos is the largest land port of automobile export in China, and thousands of commodity vehicles are sent to Kazakhstan, Uzbekistan, Russia and other countries after completing inspection procedures every day. According to the statistics of Horgos Customs, from January to November 2023, 269,000 commodity vehicles were exported from Horgos port, an increase of 326.4% year-on-year. Among them, the highway port export of commodity vehicles 103,000, an increase of 268.7%; The export of commodity vehicles at railway ports was 166,000, an increase of 372.5% year-on-year. Since August 15, 2023, the Khorgos highway port trial 7×24 hours of freight customs clearance, automobile exports showed a "blowout" growth, a single day of inbound and outbound vehicles exceeded 2,000, a record high.

And this is just a microcosm of China's auto export explosion. At the 2023-2024 China Economic Annual Meeting held by the China International Economic Exchange Center on December 13, 2023, Han Wenxiu, deputy director of the Central Finance Office in charge of daily work and director of the Central Agricultural Office, introduced that in 2023, China's automobile exports will exceed 5 million units, setting a new historical record.

新闻图片2.png


新闻图片3.png

Russian satellite news agency reported that the market share of Chinese car brands in Russia increased from 9 percent to 37 percent in 2022. From January to October 2023, China's car exports to Russia reached 730,000 units, seven times that of the same period last year. According to Chinese customs data, Russia has risen from 11th place to become China's largest auto export market, with exports reaching $9.4 billion in the January-October period, compared with just $1.1 billion in the same period last year. Russian car dealer "Automotive Special Center" company even predicted that the market share of Chinese cars in the Russian market could reach 80 percent in 2024.

External factors, such as geopolitical changes and setbacks in the international supply chain system caused by the new coronavirus epidemic, have become opportunities for Chinese cars to accelerate to the sea. During the COVID-19 pandemic, the global auto industry chain has been severely impacted, and some overseas auto companies have had to reduce the supply of vehicles due to supply chain shortages. China, on the other hand, has a complete automotive industry chain and can effectively collaborate. China's auto production capacity is not only enough to supply the domestic market, but also to make up for overseas markets.