In the first half of 2023, China's automobile production and sales will continue to improve. On July 13, the China Association of Automobile Manufacturers released the "June Automobile Production and Sales Situation". According to the data, the export volume of complete vehicles in the first half of this year reached 2.14 million units, a year-on-year increase of 75.7%. Among them, SAIC ranked first in the overseas sales list in the first half of the year with a sales volume of 483,000 vehicles. This data shows that the competitiveness of China's auto industry in the international market is constantly improving.
At the same time, the export of new energy vehicles has also achieved significant growth. From January to June 2023, the export volume of new energy vehicles reached 534,000, a year-on-year increase of 1.6 times. Although the export of new energy vehicles in June 2023 fell by 28.4% month-on-month, it increased by 1.7 times year-on-year, still showing a good momentum of development.
The main reason for this increase is the moderate recovery of the macro economy in the first half of the year. With the steady growth of the economy, consumers' demand for cars is gradually increasing. In general, China's auto production and sales will perform well in the first half of 2023. Both the export volume of automobiles and the export volume of new energy vehicles achieved substantial growth, making significant contributions to the growth of the overall market.
China's new energy vehicle trade surplus is showing an expanding trend: From the perspective of import and export scale, my country's new energy vehicle exports have long been higher than imports. In 2022, China's total new energy vehicle imports will reach 132,100 vehicles, and the total export volume will reach 1.0637 million vehicles . From the perspective of import and export value, in 2021, the import and export of China's new energy vehicle industry will change from a trade deficit to a trade surplus. In 2022, the scale of the trade surplus will expand significantly.
