Aug 16, 2024

In 2023, China's auto exports surpassed Japan's for the first time

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Thanks to the improvement of China's new energy vehicle product power, the improvement of the industrial chain, and the rapid rise of demand for new energy vehicles in some regions, new energy "going to sea" has become the next military battleground for independent brands. Independent brands that strive to break through are bound to preempt and seize the first opportunity of new energy going to sea.

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According to data from the China Automobile Association, in 2023, China's automobile exports surpassed Japan for the first time, becoming the world's first export power, and new energy exports have become a new growth engine. From January to July this year, China exported 708,000 new energy vehicles, an increase of 11.4%. With SAIC, BYD, Chery, Great Wall and other factories have been built overseas, as well as domestic parts companies led by power batteries to accelerate the overseas market layout, new energy vehicle exports are expected to peak in the second half of this year.

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