China’s total auto exports ranked second in the world for the first time

In August this year, China’s total auto exports ranked second in the world for the first time. One of the driving forces for Chinese automobiles to accelerate to overseas markets is the rapid growth of the new energy field. Five years ago, my country’s new energy vehicles began to be exported one after another, mainly micro-low-speed electric vehicles, with an average price of only US$500. Today, the iterative upgrading of technology and the trend of globalization of “zero emission” are all Domestic new energy vehicles “sail out to sea” speed up again.

Zhu Jun, deputy chief engineer of an automobile group: The standard of our country’s automobiles is to learn from European standards, and to do some development for the application of these motors and batteries in the car; in addition, of course, there must be continuous iterative progress, and its process is basically It can be carried out simultaneously with the development of the whole vehicle, in fact, the time is shortened.

With the continuous development of the domestic new energy vehicle market, the acceleration of R&D iterations and the maturity of the entire industry chain, domestic new energy vehicles have obvious advantages in manufacturing costs, creating a foundation for domestic new energy vehicles to go overseas.

The European Union announced that it will achieve zero emissions by 2050, and zero-emission vehicles will be exempt from value-added tax. Norway (2025), the Netherlands (2030), Denmark (2030), Sweden (2030) and other countries have also successively released timetables for “banning the sale of fuel vehicles”. The export of energy vehicles has opened a golden window period. Data from the General Administration of Customs shows that from January to August this year, my country exported 562,500 electric passenger vehicles, a year-on-year increase of 49.5%, with a total value of 78.34 billion yuan, a year-on-year increase of 92.5%, and more than half of them were exported to Europe.