New energy vehicle exports 1.308 million units in January-July, up 84.6% year-on-year
Recently, China’s new energy automobile industry again spread good results. According to the latest data, from January to July this year, China’s new energy vehicle exports reached 1.308 million units, an increase of 84.6% year-on-year, and became the absolute main force driving the growth of China’s auto exports.
In the domestic market, new energy vehicles also production and sales boom, 1 to July, the national new energy vehicle production and sales were completed 8,232,000 and 8,220,000, respectively, a year-on-year increase of 39.2% and 38.5%, new energy vehicle sales of new cars reached 45% of the total sales of new cars.
In the export pattern, not only BYD, Geely, Chery, Changan and other traditional independent brands continue to force, some emerging independent brands also began to emerge in overseas markets.
For example, Lantu Automotive, founded in 2019, has released brands and models in Italy, Spain, Slovenia, Portugal and other countries, steadily advancing the market layout in Europe and the construction of the “One Belt, One Road” countries, and set the goal of striving to achieve the business in 2030 to cover 60 countries around the world.
Zhang Xiang, a researcher at the Automotive Industry Innovation Research Center of the Northern Polytechnic University, said that despite the introduction of some restrictive policies in Europe and the United States and other countries and regions, from a global perspective, China’s new energy vehicles, by virtue of its technology, cost and industrial chain and other aspects of the advantages of the Southeast Asia, South America, and many other overseas markets are still maintaining a good development trend, and the prospects for China’s automobile overseas are generally optimistic.
In order to further activate the potential of the sinking market, China’s Ministry of Commerce recently issued a document to start the 2025 Thousand Counties and Ten Thousand Towns New Energy Vehicle Consumption Quarter activities, many places not only send stacked subsidies, but also provide consumers with test drives, car purchases, charging piles to install a “one-stop” service and other conveniences.
Cui Dongshu, secretary-general of the Passenger Vehicle Market Information Branch of the China Association of Automobile Dealers, predicted that this activity would bring a million-unit sales increment with the support of the trade-in policy, injecting a new impetus into China’s auto market for the whole year.
With the rapid development of the new energy vehicle market, the influence of Chinese new energy vehicles in the world is increasing day by day, not only providing a strong impetus for the transformation and upgrading of the domestic automobile industry, but also making a positive contribution to the global green mobility.
In the future, under the dual drive of technological innovation and policy support, China’s new energy vehicles are expected to achieve more brilliant results in the international market.
