Chinas Automobile Production and Sales Volume Exceed 30 Million for the First Time, Moving Towards Becoming the Worlds Largest Automobile Exporter

Recently, the China Association of Automobile Manufacturers announced the production and sales data of Chinas automobiles in 2023, showing that Chinas automobile production and sales volume both exceeded the 30 - million mark for the first time, reaching 30.161 million and 30.094 million respectively, an increase of 11.6% and 12% year - on - year, setting a new historical high. Notably, in 2023, Chinas automobile exports reached 4.91 million units, a surge of 58% year - on - year. This achievement is expected to make China the worlds largest automobile exporter.

In the past 2022, China had already become the worlds second - largest automobile exporter. The outstanding performance in 2023 benefited from the rapid development of Chinas automobile industry and the extensive demand in the international market. Currently, Chinese automobiles have been exported to more than 200 countries and regions around the world, demonstrating the international competitiveness of its brands and technologies.

New energyThe automotive industry, as an important growth point of Chinas automotive industry, plays a particularly significant role in promoting exports. In 2023, Chinas new energy vehicle exports reached 1.203 million units, a year - on - year increase of as high as 77.6%. In the global new energy vehicle market, Chinese enterprises have taken a leading position. In the fourth quarter of 2023, BYD, a Chinese independent brand, even became the worlds largest pure electric vehicle manufacturer.

China has formed large - scale new energy vehicle industry clusters such as those in the Yangtze River Delta, Pearl River Delta, and Chengdu - Chongqing regions, attracting the participation of more than a thousand domestic and foreign enterprises. These industry clusters have established a new energy vehicle industry chain and supply chain system covering basic materials, components, and complete vehicles. China is not only the worlds largest producer of drive motors but also accounts for 74% of the global share in power battery patents. Among the top ten enterprises in global power battery installed capacity, Chinese enterprises occupy six seats, with a market share of over 60%.

Chinese new energy vehicle technologies and products play an important role in the global automotive transformation. With the establishment of Chinas new energy vehicle ecological chain, its influence on the linkage of domestic and international markets and resources will be further enhanced. Chinas new energy vehicle industry not only promotes the development of the domestic market but also provides strong support for the sustainable development of the global automotive industry.

The achievement not only demonstrates the rapid development and increasingly enhanced international competitiveness of Chinas automotive industry but also represents the results of the transformation and upgrading of Chinas manufacturing industry and the development strategy of the new energy vehicle industry. It is expected that in the future, Chinas automotive industry will continue to maintain stable growth, bringing more innovative and high - quality products to the global automotive market.