State Council: China's new energy vehicle production and sales will reach 9.587 million and 9.495 million respectively in 2023

According to recent news, the State Council issued the "Opinions on Comprehensively Promoting the Construction of a Beautiful China", which mentioned that by 2027, the proportion of new energy vehicles in new vehicles will strive to reach 45%, and old internal combustion locomotives will be basically eliminated.

It is understood that the policy coordinates the promotion of green and low-carbon development in key areas (including new energy vehicles).

According to previous reports, data from the China Automobile Association showed that my country's automobile production and sales exceeded 30 million units in 2023. Among them, my country's automobile exports hit a new high, with annual exports of nearly 5 million units.

As for new energy vehicles, under the dual influence of national policies and markets, they have developed rapidly in recent years and ranked first in the world for nine consecutive years.

In 2023, China's production and sales of new energy vehicles will be 9.587 million and 9.495 million respectively, up 35.8% and 37.9% year-on-year respectively, with a market share of 31.6%, 5.9% higher than the same period last year.

Among them, domestic sales of new energy vehicles reached 8.292 million units in 2023, a year-on-year increase of 33.5%; exports of new energy vehicles reached 1.203 million units, a year-on-year increase of 77.6%.

As for traditional fuel vehicles, their production and sales of passenger cars will be inferior to those of new energy vehicles in 2023 .

In 2023, China's domestic sales of traditional fuel passenger cars reached 14.043 million units, down 1.094 million units from the same period last year, a year-on-year decrease of 7.2%.

In addition, in 2023, the total market share of Chinese brand passenger cars will be 56%, an increase of 6.1%, of which the market share of new energy products alone will reach 49.9% .

Zikuai Technology