In 2023, China's auto market has ushered in a turning pointOwn brandCarsFor the first time, it surpassed the joint venture car and became the sales champion. At the same time,New energy vehiclessales have increased significantlyBYDAs ChinaNew energy vehiclesThe brand's leaders have also achieved great success. Through profound strategic layout and technological innovation,BYDis breaking through upwards for ChinaInjected with great power.
In 2023, ChinaAn important milestone has been reachedOwn brandCarsFor the first time, it surpassed the joint venture car and became the sales champion. This year, ChinaAutomotive marketThe total sales volume exceeded 30 million units, and the wholesale volume of passenger cars reached 25.53 million units, a year-on-year increase of 102%。This fully reflects ChinaAutomotive marketHuge potential and room for growth, tooOwn brandhas provided strong support. According to the data of the passenger association,Own brandIn 2023, the market share will reach 52%, and the strong joint venture car will be suppressed under its feet.
Expanded: ChinaAutomotive marketThe rapid development of the endowedOwn brandCarsGreater opportunities. This refers not only to the increase in the share of sales, but more importantly to the consumer pairOwn brandRecognition increases. Consumers are becoming aware of itOwn brandCarsAdvantages in technological innovation, quality and cost performance. And the continuous accumulation of this recognition, for:Own brandCarsThe development of the country is crucial. At the same time, ChinaAutomotive marketThe explosive growth also means that Chinese automakers need to pay more attention to improving their own strength and creating better products to meet the increasing needs of consumers.
In 2023,BYDWith its outstanding performance, it has reached the top of the sales volume in the Chinese passenger car market. BYDexceededFAW-VolkswagenNearly 1 million units, becoming the first and winning the brand sales champion in the Chinese market. This achievement is not only a victory for the Chinese market, but alsoBYDAs ChinaCarsThe representative of the manufacturing industry, the embodiment of strength and self-confidence. BYDInNew energyThe technology accumulation and strategic layout in the field have made it the highest sales volumeNew energy vehiclesBrand. The annual sales volume exceeded 3 million units, and it won the sales championship in the Chinese market and the worldNew energyBest-selling champion.
Expanding:BYDThe reason why it has been able to achieve such brilliant results in the Chinese passenger car market is inseparable from its profound technical accumulation and pioneeringNew energyStratagem. BYDTake the lead in discontinuing the production of fuel vehicles, and make every effort to bet on itNew energy vehiclesThe formulation of this strategy is not only based on policy orientation, but also derived from:BYDIn blade battery, super hybrid DMI system, cloud system, easyQuartetProfound technical accumulation in other fields. The application of these technologies has won wide recognition from consumers at home and abroad. At the same time,BYDIn the process of product development and production, we pay attention to quality and technological innovation, which brings consumers an excellent driving experience and reliable performance. Together, these factors promoteBYDof the sales volume and market share of the continuous growth.
With ChinaOwn brandCarsWith the rise of the domestic market, more and more brands have begun to increase the process of internationalization and enter the worldAutomotive marketBYDAs the domestic sales champion and worldwideNew energyThe sales champion is also actively promoting the internationalization strategy. BYDIn 2023, more than 240,000 units will be exportedCars, a year-on-year increase of 334%, also showed a strong influence in the global market. At the same time,BYDIt also jumps to the worldCarsThe ninth place in the sales ranking list, this is ChinaCarsA major achievement of the brand also markedBYDIt is an important step towards the global stage.
Expanded: ChinaOwn brandCarsofGlobalizationThe process is not only the entry of a single brand, but also ChinaofGlobalizationThe embodiment of the trend. ChinaOwn brandCarsBy continuously improving technology, quality and brand image, we started inInternational marketon the rise. They are gradually establishing production bases overseas, providingLocalizationproducts and services to further enhance the competitiveness in the global market. At the same time,International marketI also gradually realized ChinaOwn brandCarsbegan to consider choosing a Chinese brand of vehicle in the car purchase decision.
The Chinese auto market in 2023 marks ChinaOwn brandCarsThe rise toBYDThe representative brand has achieved great success in terms of sales volume and market share. This achievement is not only a reflection of ChinaCarsThe strength and self-confidence of the manufacturing industry also demonstrate the huge potential and growth space of China's passenger car market. PassedNew energy vehiclesDriven by breakthroughs and technological innovations, ChinaOwn brandCarsis moving to the global stage, for ChinaofGlobalizationmade a contribution. In the future, I believe in ChinaOwn brandCarsIt will continue to usher in greater development, compete with international brands, and provide consumers with better products and services.