Reference News Network December 08** According to Taiwan's China Times News Network on December 7**, according to the China Passenger Car Market Information Association (hereinafter referred to as the Passenger Association) pointed out that the sharp increase in new energy vehicle exports has driven the rapid growth of China's automobile exports, and the number of exports and the average number of exports have a strong performance, and the total export volume is expected to reach 5 million this year, which will surpass Germany and Japan to become the champion. It is worth noting that the average unit price of automobile exports has grown strongly by nearly half in the past four years, which is mainly due to the advantages of intelligent electric vehicles.
According to the preliminary statistics of the Passenger Car Association, the retail sales of the passenger car market reached 206 in November20,000 units, up 25% y/y and 1% m/mSince the beginning of this year, the cumulative retail sales have been 193280,000 units, up 5% y/y.
According to the report, the data shows that China's auto exports show a stronger growth trend. The Federation of Passenger Cars pointed out that the rapid growth of new energy vehicle exports has driven the overall performance of China's automobile exports, and the number of exports and the average number of exports have shown strong growth.
According to data released by the General Administration of Customs, China's automobile exports from January to October 2023 were 4.24 million units, a year-on-year increase of 624%, and the annual sales rate is expected to exceed 5 million units. In terms of quantity, China's auto exports will surpass Japan and Germany, which are traditional auto powers, and become the world's largest auto exporter.
The report also said that in addition, in addition to the world's largest number of exports, China's exports of bicycles** have also increased significantly, from 850,000 yuan, an increase to 12. in 202220,000 yuan, which has risen to 1430,000 yuan, the export market has gradually expanded to developed countries and regions such as Europe and North America.
Wang Xia, chairman of the automotive industry branch of the China International ** Promotion Committee, pointed out that the reason why Chinese cars are popular with more and more overseas consumers is because they feel the comparative advantages of Chinese cars in electrification and intelligence.
Cui Dongshu, Secretary-General of the Passenger Association, said that new energy vehicles are the core growth point of China's high-quality automobile exports.
*: Refer to the news network.