In recent years, in the domestic auto market, with the rise of electric vehicles, the industry must talk about electric vehicles, it seems that electric vehicles are the representative of Chinese automobiles, but if you look at the Chinese auto brands that have successfully gone to the international market, you will find that the brand with a good reputation in the domestic market does not have much presence in the overseas market.
According to the ranking data of China's automobile export brands in June, the first place in export volume is Chery Automobile, with an export volume of 75,600 units, and in terms of export volume, Chery is really far ahead, and its export volume will reach 930,000 units in 2023, and it is expected to exceed 1 million units this year.
How big is Chery's lead? In June, the second and third place exports were 32,800 and 32,500 units, respectively, and the total export volume of the two was only 65,300 units, which was more than 10,000 units less than Chery's export volume.
Chery has done so much in the export market because it began to build factories overseas very early, because of its early entry into the international market, so it was able to build a brand reputation in overseas markets, and now that Chinese cars are gradually recognized by overseas consumers, Chery is the first to run.
Chinese auto companies have actually made breakthroughs in the core technology of fuel vehicles, a number of Chinese auto companies pointed out that their fuel engine thermal efficiency has reached more than 44%, and Japan auto companies are not far behind, with the Chinese car fuel engine thermal efficiency has been greatly improved, a few years ago Japan auto companies established a fuel engine research and development alliance, trying to work together to improve the thermal efficiency of fuel engines, to ensure that the Japan automotive industry in the fuel vehicle market advantage.
Unlike the increasingly popular electric vehicles in the domestic market, the overseas market is still dominated by fuel vehicles, and the proportion of electric vehicles in the domestic market has reached 50% of the new car market, while the proportion of electric vehicles in the overseas market is still about 10%, and fuel vehicles occupy an absolute advantage in the overseas market.
In 2023, China will export more than 6 million vehicles, of which more than 4 million are fuel vehicles, and only more than 1 million are electric vehicles, and fuel vehicles account for more than eighty percent of China's automobile exports, which also provides strong support for domestic fuel vehicle companies, and Chery and SAIC are undoubtedly among the leaders.
Domestic electric vehicle strong enterprises, domestic sales hit a new record, its electric vehicles have also begun to go to overseas markets, but the data in June show that its export volume is only 26,000 units, ranking fifth; it is worth noting that the largest domestic electric vehicle export brand is Tesla, Tesla's Shanghai factory has become its largest factory, the output of the Shanghai factory accounts for more than half of Tesla's sales, with the help of the low-cost advantage of Chinese manufacturing, Tesla Shanghai made electric vehicles exported in large quantities.
Domestic fuel vehicles occupy an advantage in the export market, highlighting that fuel vehicles are still promising, China's automotive industry has made great progress in the core technology of fuel vehicles, Chinese fuel vehicles with core technology advantages are actually not afraid of the Japanese, German and United States cars that have previously occupied an advantage, Chinese fuel vehicles in the international market with these well-known brands, proving the leap progress of Chinese automobile companies.
Of course, this is not to say that domestic electric vehicles are hopeless, but the acceptance of electric vehicles in overseas markets is not high, with the development of electric vehicle technology, electric vehicles have a great future in the global market, it is generally believed that after the commercialization of solid-state battery technology, the popularity of electric vehicles in overseas markets will accelerate, and then it is the opportunity for domestic electric vehicles to go abroad.