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

Thanks to CTOnews.com netizens for the delivery of clues about the past. According to news from CTOnews.com on August 5, Cui Dongshu, secretary general of the Federation of passengers, wrote through an official account last night that the cumulative share of Chinese car companies in the world reached 31 per cent in 2023.

Specifically, world car sales reached 7.87 million units in June 2023, an increase of 11% over the same period last year. From January to June 2023, world car sales reached 42.43 million units, an increase of 11% over the same period last year. Due to the improvement of chip supply, the operation of the world automobile industry has improved significantly, resulting in an improvement in the sales of international car companies.

▲ source Cui Dongshu official account, the following Cui Dongshu pointed out that Chinese cars accounted for about 30% of the world in 2016-2018, falling to 29% in 2019, but still has an absolute advantage. The country's share rebounded to 32 per cent in 2020-2021. China's share rose to 33% in 2022. At the same time, China's share fell to 31% in 2023, which is also a normal reflection of the Spring Festival factor in the Chinese market and the withdrawal of preferential car purchase tax policies.

CTOnews.com previously reported that the federation released its latest data on August 3, with a comprehensive estimate of wholesale sales of 750000 new energy passenger cars in July, up 34% from a year earlier and down 1% from a month earlier. Since the beginning of this year, a total of 4.3 million vehicles have been wholesale, an increase of 42 per cent over the same period last year.

In terms of retail sales, according to preliminary statistics, the retail volume of China's new energy vehicle market reached 647000 in July, an increase of 33% over the same period last year and a decrease of 3% from the previous month.

The Federation pointed out that China sold 8.5 million new energy passenger vehicles in 2023 and 23.5 million in a narrow sense, and the annual penetration rate of new energy vehicles is expected to reach 36 per cent.

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