Chinese car exports enter the fast lane. What overseas markets are sold for new energy vehicles?

24.09.2022

Number of this text: 1497, the reading time is about 3 minutes older

Introduction: New energy vehicles are the core growth points of Chinese automobile exports, which has changed the passive situation of automobile exports that rely on the backward and irregular countries such as Asia and Africa.

Author | First Financial Word

Chinese car exports hit a new high.

According to the data released by the Federation of Federation, the export of Chinese automobiles exceeded 300,000 (306,000 units) in August, an increase of 46%year -on -year, a record high. In the first August of this year, car export sales reached 1.91 million, a year -on -year increase of 44%.

Over the past years, Chinese car exports have hovered around 1 million every year. Until 2021, China's automobile exports showed an explosive growth, exceeding 2 million vehicles for the first time. Cui Dongshu, Secretary -General of the Federation, believes that the significant growth of Chinese automobile exports is mainly the insufficient overseas supply and the competitiveness of Chinese car companies' exports. The average price of automobile exports has also increased. From January to August this year, the average price of automobile exports was US $ 16,000, a slight increase of $ 15,300 last year.

Cui Dongshu, Secretary -General of the Federation, said that new energy vehicles are the core growth point of Chinese automobile exports. In the first August of this year, the export volume of new energy vehicles reached 593,000, exceeding 2021 (588,000 units), and accounted for 31%of the overall exports of automobiles. In 2020, the annual export volume of new energy vehicles was only 223,000.

From 2017 to 2019, the export of new energy passenger cars is basically mainly miniature low -speed electric vehicles. From the perspective of different markets, India used to be one of the main exporters of China's new energy vehicles. Low -speed electric vehicles were the main models with a price of about $ 500. However, in the past two years, the Indian epidemic was seriously affected, and the exports of cars were affected to some extent, and it has recovered. The number of new energy vehicles exported to Europe has begun to increase, and new energy models such as BYD and SAIC passenger cars are favored. "The cost is relatively high, and China's new energy vehicle competitiveness is relatively strong abroad." Cui Dongshu said in an interview with reporters. At present, China's new energy vehicles are mainly exported to the Western European and Southeast Asian markets. This year, Belgium, Slovenia, and the United Kingdom have become highlights of exports, and the exports of Thailand, Southeast Asia in the Philippines, and Southeast Asia have recovered well.

Origin from the official website of the car company

Specifically, the top ten countries in China's new energy vehicles in the first August of this year are Belgium, Britain, Thailand, India, Slovenia, Bangladesh, the Philippines, France, Australia and Germany. The sales of new energy vehicles to these 10 countries accounted for 70%. Among them, the sales of new energy vehicles exported to Belgium ranked first, reaching 104,000, far exceeding other countries, and the sales gap between Britain ranked second in the United Kingdom was about 50,000.

China New Energy Vehicle Export is mainly divided into two main types of independent brand exports, foreign investment, and joint venture brands. Among them, Tesla China exports a lot each year. In the first August of this year, Tesla China exported about 160,000 units, accounting for more than one -third of the entire new energy vehicle export. However, compared with the previous two years, the proportion of exports in Tesla China has declined, which means that the export volume of domestic new energy vehicle brands has increased.

In the era of traditional fuel vehicles, in the past, most of Chinese exported models were at the low -end level in terms of technology and performance. The added value of the product and the low export unit price, and the brand competitiveness was poor. In the era of new energy vehicles, my country has become the world's largest new energy vehicle market. The electric vehicle products of some companies are high -end models and are favored by the market. Mei Songlin, a senior analyst at the automotive industry, believes that the trend of the global booming trend of new energy vehicles is a good opportunity for Chinese companies to change the way.

Regarding the rapid development of my country's automobile exports in the past two years, Chen Shihua, Secretary -General of the China Automobile Industry Association, said at the 2022 World Intelligent Connected Auto Conference that one is that my country's epidemic prevention and control is better and the overall supply chain is relatively complete. The exported products can be guaranteed; the second is that the competitiveness of Chinese cars is constantly improving. In addition to electrification, the intelligence and networking level of cars have greatly improved. "These products are the main factor that attracts foreign consumers, which has also gradually strengthened the international competitiveness of Chinese cars in the world."

Chen Shihua believes that the road to globalization of Chinese cars mainly face three major difficulties. The first is difficulty in authentication, which increases the cost of exporting companies in my country; the second is difficulty in logistics. There is a lot of bottlenecks in the overall overseas logistics distribution of Chinese automobiles. There is a certain gap, and the logistics is also affected by the epidemic at the same time; the third is the risk of exchange rate fluctuations. The unstable exchange rate is easy to make the enterprise in a loss. This requires the construction of China's car to strengthen the supporting system. Essence

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