China's new energy vehicles go to sea to speed up

In Ningbo Zhoushan Port, thousands of new energy vehicles filed into the giant ro-ro ship, ready to leave for Europe; in Shanghai Nangang Wharf, nearly 10,000 new energy vehicles went out to sea from here in a week to the Persian Gulf; in Xi'an, Wuhan, Chongqing and other places, the China-Europe New Energy Vehicle Special Train continued to deliver, full of domestic new energy vehicles, and went straight to Kazakhstan, Russia, Germany... In early 2023, china's new energy vehicles continue strong momentum, the sea press the "fast forward button". Many foreign media praised that China's new energy vehicles have international competitiveness, and "Made in China" is increasingly recognized by the world.

01 "the world's largest producer of new energy vehicles"

China's National Bureau of Statistics recently released the "the People's Republic of China 2022 National Economic and Social Development Statistical Bulletin", which shows that in 2022, China's production of new energy vehicles was 7.003 million, an increase of 90.5 percent over the previous year.

Australian Broadcasting Corporation website reported that China is currently the world's largest producer of new energy vehicles in terms of output. There are hundreds of new energy vehicle manufacturers in China, and the number of charging infrastructure produced will reach 5.2 million units by the end of 2022.

"China's new energy vehicle manufacturers show strong delivery capabilities." The Wall Street Journal reported that China's new energy vehicle company Weilai Group delivered 122000 vehicles in 2022, an increase of about 34% year-on-year; Xiaopeng's car delivery volume increased by 23% compared with 2021; Ideal Car's 2022 delivery volume increased year-on-year About 47%.

"MIT Science and Technology Review" published an article that China is the world leader in the production capacity of new energy vehicles. The Chinese government began investing in new energy vehicle-related technologies around 2001. Systematic policies have promoted the development of China's new energy vehicle industry. Nowadays, many new energy vehicle manufacturers in China are constantly optimizing technology to meet market demand.

Bloomberg website reported that in the rapid development of new energy vehicles, battery production has become the key. The battery production of two Chinese companies, Ningde Times and BYD alone, accounts for more than half of the global battery production of new energy vehicles.

show that while the output of new energy vehicles in China has increased on a large scale, the sales volume has also shown explosive growth.

, workers work on the final assembly line at GAC E'an New Energy Automobile Co., Ltd. in Panyu District, Guangzhou.

"Nihon Keizai Shimbun" reported that in 2022, China's sales of new energy vehicles such as pure electric vehicles and hybrid vehicles increased by 93.4 year-on-year to 6.887 million vehicles, a record high. Among them, pure electric vehicle sales increased by 81.6 year-on-year to 5.365 million units, exceeding the total new car sales in Japan in 2022.

The US "Barron" weekly report recently quoted data from the China Passenger Car Market Information Association as saying that in February this year, China's new energy vehicle sales surged to 439000, accounting for almost 32% of all passenger car sales.

"Nikkei Asia" magazine website recently reported that in 2022, China's new energy vehicle production and sales maintained rapid growth, consolidating China's position in the global new energy vehicle market.

02 "stand out in the international market"

"Many Chinese new energy vehicle brands stand out in the international market." The Spanish "Public" daily website reported that brands such as BYD and Xiaopeng have officially landed in the European market recently, leaving a good impression on the local area.

According to the British "Times" report, in the European market, BYD and other Chinese new energy vehicle brands have entered the top 50 European car sales.

According to a report from the US Auto Evolution website, BYD's new energy model named Atto 3 has recently shown excellent cruising range in the EU New Car Safety Assessment Association test. The model will be BYD's main force in expanding the global auto market. The first batch is planned to be exported to Australia, India and Thailand, and will be sold to Europe in the future. The excellent performance of this model in the safety test indicates that it will be a strong competitor in the field of new energy vehicles.

"Nihon Keizai Shimbun" reported that in 2022, the overseas expansion of Chinese new energy vehicle companies has achieved results. At present, Chinese new energy vehicles are very popular in Singapore and other countries.

export success stems from strong competitive advantage. Reuters quoted Kohler, CEO of the well-known auto parts supplier Forea Group, as saying that the cost of producing new energy vehicles by Chinese automakers is about 10000 euros lower than that of European automakers. "," To produce better quality new energy vehicles ".

Bloomberg website reported that Ningde era is the world leader in the field of lithium iron phosphate batteries, which are cheaper and more stable than nickel-based batteries, and many multinational car companies need this technology. At present, Ford Motor Company of the United States is cooperating with Ningde Times to build a $3.5 billion battery factory using Chinese technology.

03 "Exports expected to continue strong momentum"

China passenger car Market Information Association a few days ago, the overall automobile export this year continued the strong growth trend in the fourth quarter of last year. In February, 79000 new energy vehicles were exported, accounting for 31% of the total passenger car exports. Of the 79000 vehicles, 96% are pure electric vehicles.

"Wall Street Journal" quoted Citigroup analysts as saying that China's electric vehicle exports are expected to continue their strong momentum in 2023 and are expected to grow by another 33%.

credit rating agency Fitch International said in a report that Chinese new energy vehicle brands may redouble their efforts in the European market in 2023 and occupy 15% of the European continent's battery electric market in 2025. This figure is about 5% in 2022. Some Chinese brands are also expected to sell high-end models in Europe.

Australian Broadcasting Corporation website reported that more than 10 new energy vehicles will enter Australia in 2023, including Chinese-made BYD and SAIC MG. Some Chinese electric car models may bring benefits to Australian consumers. Many Australian consumers have expressed interest in buying new energy vehicles in China.

Reuters reported that Ningde Times recently proposed to further reduce China's automobile manufacturing costs, which may expand China's cost advantage in the field of new energy vehicles. The company is currently building new battery plants in Germany and Hungary.

"Japan economic news" reported that China's new energy car companies are looking to Japan and Southeast Asia where demand is expected. Recently, BYD is exploring the mid-range price market of 2 million to 4 million yen in Japan with its main models.

The US "Forbes" magazine website reported that BYD has expanded its business outside its domestic base in recent years and accelerated its entry into European, Japanese and other regional markets.

's Nikkei Asia magazine website reported that BYD recently signed an agreement in Thailand to start producing electric vehicles in Rayong, Thailand in 2024, with an annual production capacity of 150000 electric vehicles, mainly sold to Southeast Asia and Europe.