China News Service, January 12th (China News Finance and Economics Ge Cheng) "Facing the triple pressure of demand contraction, supply shocks, and weakening expectations, the auto industry has overcome many unfavorable factors. The annual production and sales of automobiles have increased steadily, and the main economic The indicators continue to improve, showing strong development resilience and playing an important role in stabilizing industrial economic growth." Chen Shihua, deputy secretary-general of the China Association of Automobile Manufacturers, said at the monthly information conference on the 12th.

  Chen Shihua believes that with the implementation of relevant supporting policies and measures, market players and consumption vitality will be further stimulated, and problems such as chip supply shortages are expected to be greatly alleviated.

In 2023, the automobile market will continue to show a steady and positive development trend, showing a growth rate of about 3%.

On January 12, Chen Shihua, deputy secretary-general of the China Association of Automobile Manufacturers, announced relevant data on China's automobile production and sales in 2022 at a monthly information conference.

Photo courtesy of China Automobile Association

The total volume of automobile production and sales has ranked first in the world for 14 years

  According to data from the China Association of Automobile Manufacturers, in 2022, China's automobile production and sales will complete 27.021 million and 26.864 million vehicles, a year-on-year increase of 3.4% and 2.1% respectively.

Compared with 2021, the output growth rate will be flat, and the sales growth rate will decrease by 1.7 percentage points.

my country's total automobile production and sales have ranked first in the world for 14 consecutive years.

  Chen Shihua said that in 2022, despite the impact of many unfavorable factors such as frequent outbreaks of the epidemic, structural shortage of chips, high prices of power battery raw materials, and local geopolitical conflicts, a series of steady growth and consumption-promoting policies such as halving the purchase tax Under the effective pull of the industry and the joint efforts of enterprises in the entire industry, the Chinese auto market has recovered and improved in general under adversity, achieving positive growth and showing strong development resilience.

Data source: China Association of Automobile Manufacturers.

New energy vehicles break the record again!

Continued explosive growth

  At present, my country's new energy vehicles have gradually entered a period of comprehensive market expansion, ushering in a new stage of development and growth.

  According to data from the China Association of Automobile Manufacturers, in 2022, new energy vehicles will continue to grow explosively, breaking the previous production and sales records again.

The production and sales in that year were 7.058 million and 6.887 million respectively, a year-on-year increase of 96.9% and 93.4% respectively, and the market share reached 25.6%, 12.1 percentage points higher than the previous year.

  Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%; the sales volume of plug-in hybrid vehicles was 1.518 million, a year-on-year increase of 1.5 times.

  Chen Shihua believes that under the dual effects of policy and market, my country's new energy vehicles have developed rapidly in the past two years, ranking first in the world for eight consecutive years.

In 2022, the year-on-year growth rate in April, which was greatly affected by the epidemic, still exceeded 40%, and then quickly recovered to a high level.

Data source: China Association of Automobile Manufacturers.

The passenger car market has exceeded 20 million for eight consecutive years

  Driven by the strong domestic consumer market, my country's passenger car market has exceeded 20 million for eight consecutive years.

Chen Shihua said that the passenger car market is showing the development characteristics of "high-end traditional fuel vehicles and comprehensive new energy vehicles".

  According to data from the China Association of Automobile Manufacturers, in 2022, the production and sales of passenger vehicles will be 23.836 million and 23.563 million, a year-on-year increase of 11.2% and 9.5%, respectively, an increase of more than 7 percentage points higher than that of the industry.

  Chen Shihua said that in 2022, although affected by factors such as the shortage of chips and the spread of the epidemic, but thanks to the preferential purchase tax and the rapid growth of new energy, the sales of the domestic passenger car market will show a "U-shaped reversal with obvious growth".

Since 2020, it has achieved continuous positive growth.

Data map: Guangzhou Port Group commodity car export.

Photo courtesy of Guangzhou Port Group

Automobile export record!

Exceeded 3 million vehicles

  After the annual total of China's auto exports exceeded 2 million in 2021, in 2022, China's auto exports will maintain a continuous growth momentum and set a new record again.

  According to data from the China Association of Automobile Manufacturers, China's auto exports will exceed 3 million units in 2022, reaching 3.111 million units, a year-on-year increase of 54.4%, effectively stimulating the overall growth of the industry.

  In terms of vehicle types, 2.529 million passenger vehicles were exported, a year-on-year increase of 56.7%; commercial vehicle exports were 582,000 units, a year-on-year increase of 44.9%.

The export of new energy vehicles reached 679,000 units, a year-on-year increase of 1.2 times.

  In the past two years, why did China's auto exports break the previous situation of hovering around a million units and usher in explosive growth?

  Chen Shihua analyzed that due to insufficient overseas supply and the substantial increase in the export competitiveness of Chinese auto companies, my country's position in the international market for auto products will be further consolidated on the basis of 2021, achieving a leapfrog breakthrough.

  From the trend point of view, self-owned brands have gradually established competitive advantages in the fields related to three electric technologies and intelligent driving, the domestic share has increased, and exports have shown a trend of accelerated growth; in 2022, among the top ten enterprises exporting complete vehicles, in terms of growth rate, Geely Exported 198,000 vehicles, a year-on-year increase of 72.4%; Chery exported 452,000 vehicles, a year-on-year increase of 67.7%.

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