Japanese media focused on China becoming the world s largest exporter of automobiles

Mondo Cars Updated on 2024-02-02

According to data released by the Japan Association on January 31, Japan's automobile exports in 2023 will be 4.42 million units. This figure is lower than China's previously announced auto exports, which has attracted the attention of Japan's mainstream **.

According to data from the China National Association, China's vehicle exports in 2023 will be 4.91 million units, a year-on-year increase of 579%。Among them, the export of new energy vehicles is 12030,000 units, a year-on-year increase of 776%。

The Japan Economic News **31** said that with new energy vehicles as the engine, China's automobile exports surpassed Japan for the first time and jumped to the first place in the world. Japan has been the world's largest exporter of cars since 2017, and in 2023 that title was taken away by China for the first time.

According to the report, China occupies an advantage in the field of new energy vehicles, and the production and sales of new energy vehicles are expanding rapidly, and the sharp increase in new energy vehicle exports is the fundamental reason why China has become the largest automobile exporter. In the fourth quarter of last year, BYD's pure electric vehicle sales surpassed Tesla's in the United States for the first time.

According to AFP, China's booming auto industry in recent years is largely due to large-scale investment in electric vehicles, while Japanese companies are relatively cautious in this area.

According to data from the China Association of China, China's automobile production and sales will reach 3,016 in 202310,000 and 300940,000 units, up 11. y/y6% and 12%, reaching record highs and achieving double-digit growth, ranking first in the world for 15 consecutive years.

*:Xinhua.

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