In 23 years, China s auto market has risen in an all round way, and new energy vehicles BYD has a go

Mondo Cars Updated on 2024-02-11

Kunpeng Project

In 2023, China's auto market will rise in an all-round way, new energy vehicles: BYD is famous.

China's auto market has ushered in a new impetus in 2023, and BYD has made its own name!

2022 is coming to an end, China stands at the top of the world for the first time in more than 70 years, and Chinese local brands have jumped to the top of the world, and for the first time, they have surpassed joint ventures, which is a major turning point in China's history. Keep in mind that since the Volkswagen Group established a joint venture in China in 1984, after 39 years, Chinese car companies have once again occupied the top spot in China's market share. According to the statistics of the passenger association, China's sedans now occupy 52% of the share, this time, finally let the domestic car companies raise their eyebrows, the previous arrogant car companies, all under their feet.

According to the data of the China Passenger Car Association, in fiscal year 2023, the cumulative sales of Chinese automobiles (including passenger cars and passenger cars) exceeded more than 30 million units, reaching a new record high. In fiscal year 2023, bus sales reached 25.5 million units, an increase of 102%;Annual sales were 21,919,000 units, up 5 percent year-on-year6%。This year is definitely a proud year for China's auto market, accounting for 52% of the market share. This means that at present, only 52 cars have been sold in the market, which is even more than all the joint venture cars in previous years combined.

According to the data released by the Passenger Association, among the top ten domestic cars, FAW-Volkswagen, SAIC-Volkswagen, SAIC-GM, and GAC Toyota each occupy six seats, of which BYD surpasses FAW-Volkswagen with nearly one million vehicles, creating a legend in the domestic car market, Geely Automobile and Changan ranked first.

III. Fourth. The third place is Geely, and Chang'an is the fourth. The third is Geely Automobile, and the fourth is Changan.

From the perspective of enterprise sales, most joint ventures show passivity or weakness. For example, SAIC Volkswagen**73%, GAC **73%, Toyota**73%;SAIC-GM**73%;Dongfeng Nissan**Dongfeng Nissan**GAC**Honda**Dongfeng**49%;FAW**Toyota**03%;Beijing Hyundai**28%;Kia, on the other hand, did relatively well, as half of its models came from overseas, compared to 8,000 units sold in China.

In fact, new energy vehicles led by BYD will occupy all levels of the market by the end of 2022. For the first time in history, China has achieved sales of 30 million vehicles, including buses and commercial vehicles, driven by the new energy industry. Throughout history, China's auto companies have been born from all walks of life and have experienced breakthroughs and challenges again and again with an indomitable spirit. For the first time, BYD ranked ninth in the global sedan sales ranking. BYD is not only the world's first new energy vehicle, but also the first domestic automaker to transform to a new energy vehicle. BYD will be the best-selling car manufacturer in China by 2023, and its position in the hearts of consumers in China and around the world. At the same time, BYD expects to export more than 24,000 units by 2023, a year-on-year increase of 334%. BYD's sales and overall strength in the world have made BYD universally recognized and recognized around the world, accelerating its pace to the world.

BYD's strategy is also noteworthy, BYD is the first in the world to abandon the traditional pure electric vehicles, focusing on new energy vehicles, in addition to policy support, more importantly, its "paddle" battery, "hybrid DMI", "cloud system", "Yi Silian", are loved by consumers at home and abroad. According to Wang Chuanfu, BYD's first half was BYD, and the second half was AI, and this time, with AI as the core, it directly pushed the car into the boiling oil pot, and waited until 2025 to break out in the real sense.

This year marks the 70th anniversary of the founding of the People's Republic of China, and China has not only made unprecedented achievements in the domestic market, but also surpassed Japan to become the world's first. Now domestic automobile companies have accelerated their efforts to go abroad, and even began to set up factories abroad, Chery will open factories to the Middle East, and BYD will open factories to Uzbekistan, does this mean that the Chinese automobile industry has really completed a big leap?

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