Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens pigeon for delivering the clues of Yong Zhi! According to news from CTOnews.com on February 4, Cui Dongshu, secretary general of the Federation of passengers, recently said that from January to December 2022, China's new energy passenger vehicles accounted for 63% of the world's new energy, of which China accounted for 64% of the world's new energy vehicles in the fourth quarter.

Cui Dongshu pointed out that this is mainly due to China's strong demand for new energy, while the production and sales of traditional cars and new energy vehicles in Europe are low, coupled with high electricity prices in Europe, so China's development is very strong. The reason for the strong sales performance of new energy vehicles in 2022 is the effective pull of market demand and the policy-driven shift to marketization. Under the influence of the overseas epidemic, the support of the new energy policy in Europe and the United States is strong, but overseas lacks resources such as chips and batteries, and the domestic supply of batteries and chips is extremely abundant, so it makes up the market gap and forms a strong domestic market and export growth.

In addition, world car sales reached 7.35 million in December 2022, down 0.1 per cent from a year earlier. From January to December 2022, there were only 80.18 million, down 1 per cent from the same period a year earlier. China's auto market accounted for 35% of the world's auto share in December, with a cumulative world share of 33% from January to December.

CTOnews.com learned that data from the China Automobile Association show that in 2022, China's automobile production and sales completed 2702.1 and 26.864 million vehicles respectively, an increase of 3.4 per cent and 2.1 per cent respectively over the same period last year. Among them, new energy vehicles continued to grow explosively, with production and sales of 705.8 and 6.887 million vehicles respectively, an increase of 96.9% and 93.4% respectively over the same period last year, with a market share of 25.6%.

According to the data of the Federation of passengers, China's retail sales totaled 20.543 million vehicles from January to December 2022, an increase of 1.9 percent over the same period last year. From January to December in 2022, the domestic retail sales of new energy passenger vehicles were 5.674 million, an increase of 90.0% over the same period last year.

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