Since 2024, the development results of China's auto industry continue to be impressive. As the world's largest automobile market, China's strong competitiveness and innovation capabilities, especially in the field of new energy vehicles, reflect China's great progress in technological innovation and market development, the rapid development of China's automobile industry, not only to promote the growth of the domestic economy, but also for the development of the global automotive industry pointed out the direction.
However, a Japanese media article recently published an article pointing out that China's auto industry has a so-called "limp and serious imbalance" in the development of fuel vehicles and electric vehicles. They believe that in the current world automobile pattern dominated by fuel vehicles, fuel vehicles still occupy 90% of the market, and China's industrial pattern dominated by electric vehicles will have "extremely limited" global influence.
First of all, there is no doubt that new energy and pure electric vehicles are the inevitable direction of future automobile development. More and more countries and enterprises have begun to pay attention to the research and development and promotion of new energy vehicles. And China is already at the forefront of this. According to statistics, China's annual sales of new energy vehicles have ranked first in the world for many years, and its market share is also expanding. This data fully proves China's leading position and great potential in the field of new energy vehicles.
Secondly, Chinese auto companies have also achieved remarkable results in technological innovation and R&D investment in the field of new energy vehicles. Chinese companies have made important breakthroughs in key technology areas such as battery technology, motors and electronic control systems, laying a solid foundation for the long-term development of new energy vehicles. These technological innovations and R&D investment have not only enhanced the core competitiveness of China's automotive industry, but also pointed out the development direction for the development of the global automotive industry.
In addition, the pace of internationalization of China's automotive industry is also accelerating. Many Chinese brands have already entered the international market, and in 2023, China's new energy vehicle exports will reach 1.203 million units, a year-on-year increase of 77.6%, ranking first in the world in terms of production and sales for nine consecutive years. Chinese brands such as BYD, SAIC, Geely, and Chery have significantly increased their sales and brand influence in overseas markets, and are deeply loved by consumers around the world. In the European market, China's new energy vehicles are recognized for their high quality, accounting for 38% of exports. In addition, the International Energy Agency predicts that by 2024, China will sell 10.1 million electric vehicles, much higher than Europe and the United States. At the same time, by 2030, the number of electric vehicles in the world is expected to increase eightfold to about 240 million, with China accounting for the largest market share.
Therefore, from the perspective of the development trend of new energy and pure electric vehicles, the Chinese model will have a profound impact on the pattern of the global automotive industry. On the other hand, Japan's automotive industry is facing serious challenges. In the context of the transformation and upgrading of the global automobile industry, several major Japanese automobile manufacturers have not been able to come up with competitive products for a long time, and if they cannot adapt to the changes and needs of the global market, their development prospects will be worrying. In the face of the rapid development of new energy vehicles and the profound changes in the global automotive industry, the Japanese automobile industry needs to think seriously and actively respond to it to ensure that it is not overwhelmed by the torrent of the times.