Original title: In 2023, the national retail sales of new energy passenger vehicles will increase by 36% year-on-year2%
On January 9, the reporter learned from the National Passenger Car Market Information Association (Passenger Car Association) that the domestic retail sales of new energy passenger vehicles in 2023 will be 77360,000 units, a year-on-year increase of 362%, with an annual penetration rate of 357%, an increase of 81 percentage point. According to the China Passenger Car Association, China is still a low-penetration country with a passenger car penetration rate of only 195 units per 1,000 people at the end of 2022, and China, as the world's automobile factory, has a huge potential new purchase group.
According to the data of the Passenger Association, the cumulative retail sales of passenger cars in China in 2023 will be 2,16990,000 units, a year-on-year increase of 56%。In 2023, the cumulative production of new energy passenger vehicles will be 89200,000 units, a year-on-year increase of 337%；Cumulative wholesale 88640,000 units, a year-on-year increase of 363%；Cumulative retail sales 77360,000 units, a year-on-year increase of 362%；Cumulative exports 10480,000 units, a year-on-year increase of 720%。
From the perspective of car companies, the main car companies have achieved huge increments. According to the data of the Passenger Association, the top five companies increased by 2.29 million vehicles, accounting for 97% of the annual increase of 2.35 million. BYD, Chery, Geely and Changan all received export increments and domestic new energy increments, while FAW-Volkswagen had a better domestic increment. Other automakers did not increase in general, but joint ventures BMW Brilliance, FAW-Volkswagen, and Jiangsu Yueda Kia achieved good year-on-year sales growth, and Volvo Asia Pacific and Chery Jaguar Land Rover also achieved positive sales growth.
The Federation of Passenger Cars said that 2023 is a year of miracles for Chinese automobiles, and the wholesale and export of passenger cars have reached a new high, making everyone re-realize the potential and market development space of China. With the continuous contribution of electrification transformation and export growth, China's automobile production and sales are expected to exceed 40 million units in the future.
It is worth noting that China's automobile exports will grow strongly in 2023.
According to the customs data compiled by the China Passenger Car Association, China's automobile exports have reached the first place in the world in terms of volume and value. According to the analysis of the Passenger Association, there is an international market demand of more than 60 million vehicles in the world, and the improvement of the competitiveness brought by the improvement of the quality and intelligent leadership of China's own brand fuel vehicles, and the new blue ocean of overseas markets brought by the international trend of leading electric vehicles, have promoted the growth of China's exports. At the same time, due to the high export unit price and good profits, independent brands rely on exports to obtain huge profits and share the cost pressure of domestic sales, so the export volume has risen.
With the scale advantage of China's new energy and the demand for market expansion, more and more Chinese made new energy product brands are going abroad, and their overseas recognition continues to increase, coupled with the continuous improvement of the service network, the new energy export market is still good and promising. The Federation of Passenger Cars pointed out.
For the passenger car market in January 2024, the Passenger Car Federation believes that the auto market in December 2023 will be particularly strong, releasing part of the demand for car purchases in advance, so January should be the stage of gradually achieving stable sales. However, considering the low base reasons brought about by the early Spring Festival last year and the adjustment period after the policy withdrawal, retail sales are still expected to achieve substantial growth in January this year. (Reporter Yuan Xiaokang).
*: Economic Information Daily.