Fast Technology reported on December 31 that Cui Dongshu, secretary general of the Passenger Association, wrote that China accounted for 68% of the world's new energy vehicle share in November 2023.
In November, the global new energy passenger vehicles reached 1.4 million units, a year-on-year increase of 24%, of which China accounted for 68% of the performance.
In recent years, the growth rate of China's new energy passenger vehicles has been stronger than the world average growth rate, and the world share of China's new energy passenger vehicles in 2020 was 408%, jumped to 52% in 2021, and reached 62 in 20225%。China accounted for 62 percent of the world's share from January to November 20236%, 4 quarter share 677%。
In terms of sales share over the years, China's BYD leads the world, with BYD's new energy vehicles accounting for 23 percent of the global share in the fourth quarter of 20232%, which means that for every 4 new energy vehicles sold in the world, there is 1 BYD.
In addition, Tesla in the United States performed extremely well, and the performance of China's new forces was generally stronger, especially Li and NIO.
SAIC's new energy performance is excellent, and SAIC Passenger Vehicle and SAIC-Wuling, two independent car companies, are performing well. Volkswagen's NEV performance is strong, and BMW remains in the second tier.