In the first seven months of 2023, global car sales reached 49.6 million units, and Chinese car companies produced 1/3 of them.

According to data released by the China Association of Automobile Manufacturers (CAAM), China's automobile exports reached 438,000 units in July 2023, a year-on-year increase of 55%, setting a historical high.

From January to July 2023, China's cumulative automobile exports reached 2.78 million units, a year-on-year increase of 69%, a very strong performance. At the same time, the world's automobile sales in July 2023 were 7.15 million units, a year-on-year increase of 6%, which was still slightly lower than July 2018 by 2%. From January to July 2023, the world's automobile sales were 49.6 million units, a year-on-year increase of 10%.

China's automobile market share and competitiveness in the international market have continued to increase, and it has accounted for 32% of the world's automobile sales.

Cui Dongshu, secretary-general of the China Passenger Car Association, wrote an article pointing out that the international chip shortage in the past two years has had little impact on the Chinese auto market. Instead, it has boosted China's auto exports. The development of electrification has also led to the rapid decline of European auto companies.

In terms of export destinations, Russia, the United States, Mexico, the United Kingdom, Belgium, Japan, Australia, Germany, the United Arab Emirates and South Korea are the top ten countries in terms of China's automobile export value.

Among them, Russia is one of the largest export markets for Chinese automobiles. Brands such as Chery, Great Wall, and Geely enjoy high popularity and reputation in Russia.

The United States mainly imports some joint venture brands of cars, such as Changan Ford, SAIC GM, GAC Honda, etc. Japan and South Korea mainly import Tesla electric cars produced in Shanghai. In addition, SAIC MG has also achieved good results in markets such as Mexico and the United Kingdom.

In terms of export brands, domestic brands account for the vast majority of the market share, with Chery, Geely, BYD, Great Wall and other brands performing outstandingly. These brands have won the recognition and trust of consumers in overseas markets by virtue of their advantages in product quality, technological innovation, and service system.

At the same time, some companies that have acquired overseas brands have also utilized their existing channels and resources to expand their influence in the European and American markets, such as SAIC MG and Geely Volvo.

In terms of export products, passenger cars are the main export product, accounting for nearly 80% of the share.

Among them, sedans and SUVs are the most popular types. In addition, commercial vehicles also performed well, especially trucks and pure electric trucks, which have great demand in some developing countries and emerging markets.

In terms of export prices, the average price of Chinese auto exports is $12,000, which is lower than the world average. This shows that Chinese auto exports still rely on volume and are mainly aimed at the low- and medium-end markets. However, with the improvement of Chinese auto brands and product upgrades, the price of Chinese auto exports is expected to gradually increase and enter the high-end market.

Overall, the strong growth in China's automobile exports reflects the strength and potential of China's automobile industry, and also demonstrates the charm and competitiveness of Chinese automobile brands.

In the international market, Chinese cars have become a force that cannot be ignored and have had a significant impact on the world's automotive landscape. In the future, with the improvement of the chip supply chain and the development of electrification, there will be greater room and opportunities for Chinese auto exports.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.