Chinese brand passenger car market share reaches 56% in 2023. In 2023, my country's passenger car exports totaled 4.14 million units, a year-on-year increase of 63.7%.

By seizing the opportunities of new energy and intelligent network transformation, the competitiveness of products and brands has been greatly improved, says Wang Zheng. The high-end, intelligent and green development of the automobile industry has achieved remarkable results, he says. The installation rate of front-end installation of intelligent network connection systems has increased rapidly.