New energy vehicles have great export potential: or change the situation of China’s auto exports

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According to statistics from the China Automobile Association, since 2012, China’s automobile exports have shrunk for four consecutive years. Correspondingly, in 2016, China's automobile production and sales completed 28.119 million and 28.528 million respectively, ranking the first in the world for eight consecutive years. Let's take a look at the related content with the car electronics editor.

As the market with the highest sales volume in the world, China's auto exports are only a fraction of domestic sales, which highlights the paralysis of the Chinese auto industry.

In the case of poor performance of Chinese auto exports throughout the year, new energy vehicles growing in the cracks are expected to become a breakthrough.

According to the data of the Association, the total number of new energy vehicles exported in the first half of 2017 was 23,907 units, accounting for 5.3% of the total vehicle exports, and 11.6% in June.

新能源车出口潜力大:或改变中国汽车出口尴尬局面0新能源车出口潜力大:或改变中国汽车出口尴尬局面1新能源车出口潜力大:或改变中国汽车出口尴尬局面2

>>>>What is the export price?

Overall, the average export price of new energy vehicles is currently low. The average price of some pure electric passenger cars is around US$1,000, and the number reaches the level of nearly 10,000 units per month. The export of pure electric buses seems to be higher, reaching an average price of 200,000 US dollars, but the quantity is too small.

新能源车出口潜力大:或改变中国汽车出口尴尬局面3

>>>> Where is the export?

In June 2017, new energy passenger car exports were mainly targeted at markets such as Bangladesh, South Korea, Chile, and India. The overall unit price is $1,642, and the grade is not very high.

The main markets for new energy buses in June were South Korea (10 units), Israel (8 units) and the Netherlands (5 units). Although the overall number is small, it is a relatively expensive unit price of 200,000 US dollars.

>>>>New energy vehicles have great export potential

Although the average unit price of new energy vehicles currently exported is not high, the number has reached a certain scale, and the proportion of new energy vehicles in the total amount of automobile exports is increasing.

As early as July 2015, SHARE'N GO timeshare leasing company with Zhidou as the controlling shareholder was established in Milan, Italy.

The Norwegian delegation once said in Shenzhen: “Norway does not have an electric vehicle manufacturer, so Chinese companies like BYD have great potential in the Norwegian market.”

On June 29, 2017, Shanghai Automotive Group Co., Ltd. announced that it will independently build a production base in India.

On July 28, 2017, BYD New Energy won the praise of the mayor of Sao Paulo, Brazil.

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