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In December 2023, China accounted for 68% of the world's share of new energy vehicles

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In December 2023, China accounted for 68% of the world's share of new energy vehicles

Jan 31,2024

        The global trend of new energy vehicles in 2023 is relatively stable, with a global sales volume of 89.18 million units, including 14.28 million units of new energy vehicles, and a relative decrease in the proportion of gasoline vehicle sales. In December, car sales reached 8.2 million units and new energy vehicles reached 1.64 million units. Affected by a high base and the withdrawal of subsidy policies from various countries, Europe and the United States gradually strengthened after the weak start of the world's new energy passenger vehicles in 2023. In December, China's low base high growth in new energy further stabilized global growth.

       From January to December 2023, China's new energy passenger vehicles accounted for 63.5% of the world's new energy, with a strong performance of 68% in December. In 2023, China's new energy vehicle exports were super strong, performing well in the Southeast Asian and European markets, which is also a strong industrial chain in China, forming a strong domestic market and dual growth in exports.

1. 2023 World New Energy Passenger Vehicle Performance

2023 World New Energy Vehicle Performance

       From January to December 2023, the world's automobile sales reached 89.18 million units, of which 14.28 million were new energy vehicles, and the proportion of gasoline vehicle sales decreased relatively. In December, car sales reached 8.2 million units and new energy vehicles reached 1.64 million units.

2. World Automotive Energy Structure

World Automotive Energy Structure

The sales proportion of new energy vehicles in the world reached 78.4% in 2023, a significant decrease of 4 percentage points compared to 2022. The performance of new energy vehicles reaching the 22% level is relatively strong.

 

The proportion of pure electric vehicles reached 11.5%, with 14.2% in December, while plug-in hybrid vehicles accounted for 4.5%, with 5.7% in December. Hybrid vehicles accounted for 5.6% throughout the year, and 5.5% in December. 3. World New Energy Vehicle Structure

World New Energy Vehicle Structure

        The world's new energy vehicle structure is mainly dominated by narrow passenger cars, accounting for 95% in December, while new energy commercial vehicles account for 4.7%. Among them, electric pickup trucks sold 262000 units from January to December, and reached the level of 30000 units in December. It can be said that the improvement is gradually improving, but the speed of improvement is not particularly fast. The pulling effect of Tesla's pickup truck has not been fully reflected yet. Among new energy passenger vehicles, sedans account for 43%, SUVs account for 50%, and MPVs account for a relatively low proportion. SUVs are currently the main force of new energy in the world.

          Zhuzhou Yitongda International Trade Co., Ltd. is a pilot enterprise approved by the Ministry of Public Security, the General Administration of Customs, and the Ministry of Commerce of China for the export of second-hand cars, providing one-stop second-hand car export services. We mainly export passenger cars, commercial vehicles, new energy vehicles, construction machinery, special vehicles, electromechanical products, and spare parts. With years of professional experience in the industry, we serve society with high-quality products and have gained widespread recognition from our partners. We have a high reputation in both domestic and international industries.

           Zhuzhou Yitongda provides high-quality second-hand car export full process services to the world, has expanded its huge overseas markets, has a complete trade comprehensive service system, and has established a huge vehicle supply channel network with major OEMs, resource car dealers, information trading platforms, and physical markets. It has established long-term cooperative relationships with partners in 72 countries in Central Asia, the Middle East, Africa, Europe and other places. It has established front warehouses in Khorgos and Kashgar, and will establish overseas post warehouse markets in St. Petersburg, Almaty, Dubai, Angola and other countries. It is China's leading comprehensive service provider for second-hand car exports!

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