Stunned!China s automobile exports are booming, and foreigners are buying official vehicles one afte

Mondo Cars Updated on 2024-01-31

Recently, an article titled "Austria ** Considers Buying Chinese Electric Vehicles as Official Vehicles" has attracted widespread attention and discussion on social **. The main content of this report is that Austria is interested in purchasing electric vehicles from the Chinese brand BYD as official vehicles. It is worth noting that this is not an ordinary car export, but an official car. In addition, Austrian native** newspapers such as La Presse have pointed out that populism cannot have an impact on China.

In the past, brands such as Volkswagen, Toyota, and BBA were common choices, and even joint venture brands were used in China for a long time. Due to the late start of China's industry and relatively backward technology, we can only obtain capital and technical support through the market. However, the current situation has changed. Austria's plan to buy Chinese cars for official use shows the growing popularity of Chinese cars in overseas markets. In addition, the performance of BYD's products has also been well received by professionals.

Let's take a closer look at car exports in November 2023. According to the data provided by the China Association of China, the export volume of automobiles in the month was as high as 4820,000 units, an increase of 463%。Since the beginning of the year, the total export volume of automobiles has reached 44120,000 units, an increase of 58 percent year-on-year4%。Exports for the full year are expected to reach a staggering 5.9 million units, an impressive increase from last year's 3 million units.

In the new energy vehicle market, we are in a leading position, with Chinese manufacturers accounting for two-thirds of the electric vehicle battery market. According to a report released by the International Energy Agency in the first half of 2023, the Chinese, European and American markets dominate global sales, with Chinese EV sales accounting for 60% of global EV sales. In addition, not only the domestic market is developing rapidly, but various brands are also actively exploring overseas markets.

In the European market, small cars are widely popular, and BYD, as a global leader in new energy vehicles, has expanded its new energy passenger car business to 19 European countries and regions. Recently, BYD is also continuously strengthening its layout in the European market. Models such as the Yuan Plus, Dolphin and Seal have been launched in the UK, France, Italy, Spain and Turkey, among others. In addition, the ATTO 3 (Meta Plus) also won the honor of Best Small Compact SUV of the Year in Ireland. In order to ensure stable exports, BYD also deliberately customized and purchased freighters, indicating that there will be greater growth in exports next year.

BYD not only sells cars in Europe, but also adopts a more efficient strategy and produces cars directly in Europe. In order to better promote the development of the local new energy vehicle ecosystem, BYD decided to establish a new energy passenger vehicle production base in Hungary. As BYD's first overseas new energy plant, it will take advantage of the entire industry chain to inject new vitality into the local new energy vehicle ecosystem.

In the new energy era, Chinese brands are rapidly emerging, making the future global car market dominated by Tesla and China's nine major brands gradually become a reality. Now, Chinese brands have not only made new breakthroughs in the domestic market, but also continued to grow, which has had a huge impact on the joint venture brands. At the same time, it has also set a record high in overseas exports. Although the performance of fuel vehicles in overseas markets is still good, this is only the beginning, and the future development potential is limitless.

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