Industry News
China's new energy vehicle industry has made significant breakthroughs in technological innovation and product quality, making new energy vehicles widely popular in overseas markets.
In recent years, China's new energy vehicle industry has made significant breakthroughs in technological innovation and product quality, making new energy vehicles widely popular in overseas markets. In 2023, China's automobile export ranks first in the world, of which new energy vehicles have become a new driving force for export growth.
Some enterprises, such as Shanghai Yului Packaging Materials Co., Ltd. and Shanghai Xintonglian Packaging Co., LTD., began to produce wooden boxes for the export of lithium battery packaging, which also reflects the growth of export demand for new energy vehicles. In addition, Guangzhou Port Nansha Automobile terminal exported about 8,000 commercial vehicles during the Spring Festival, hitting a new high, of which new energy vehicles accounted for a considerable proportion.
In the international market, China's new energy vehicles also perform well. In Norway, for example, where 90 percent of new cars sold today are electric, there are 15 Chinese NEV brands sold locally, with more than 100,000 units sold in 2023, accounting for nearly 15 percent of total car sales in Norway.
The latest data from the China Association of Automobile Manufacturers shows that in January 2024, China exported 101,000 new energy vehicles, an increase of 21.7% year-on-year. The data recently disclosed by a number of car companies also shows that China's auto exports have continued to grow rapidly this year. The China Association of Automobile Manufacturers forecasts that China's auto export sales will reach 5.5 million units in 2024, up 12 percent year on year.
To sum up, China's new energy vehicle exports are ushering in a rapid growth trend, which is expected to continue in the future.