Chinese carmakers exported 3.83 million passenger cars in 2023, up 62%, according to the China Passenger Car Association (CPCA). The massive growth was propelled by a surge in the exports of new energy vehicles (NEVs), which soared 77.6% to more than 1.2 million units last year.
Join today’s China Trends and delve into an exploration of China's NEV landscape with us.
Guest:
Liu Jia
Analyst of Electronics & Automotive from Nomura Orient International Securities
Chapter Markers:
01:03 China’s electrification and smart technologies are driving the country’s global car competitiveness.
03:26 Exportation will remain as the primary method for Chinese OEMs to increase overseas sales.
04:29 The role of brand recognition in overseas marketing.
05:17 Innovation in areas such as battery performance will increase NEV’s popularity.
05:56 Challenges faced by China’s NEV sector
08:25 The future development of the NEV exports
09:04 Advice from Liu Jia: Should you buy a new energy car or a petrol one?
