Cars of Chinese origin are now exported to more than 200 countries and regions. According to data recently published by the China Automotive Industry Association, the number of cars produced and sold by China in 2023 exceeded thirty million. China has been at the top of the world with these figures for 15 years. What is even more remarkable is that China's automobile exports reached 4 million 910 thousand. 1 million 203 thousand of these consist of new energy vehicles.
According to news in the Japanese press, these developments show that China has become the world's largest automobile exporter, leaving Japan behind. According to foreign media outlets, including Reuters, this development represents an important step for China to become a strong country from a large country in the automotive field. In addition, this situation symbolizes a significant change in the order of the global automotive industry.
So, why does the world prefer Chinese cars? In their statements to the press, experts state that this is related to the continuous increase in the quality and quality of Chinese-made automobiles in recent years, thus gaining the appreciation of global consumers. Experts argue that especially the brands developed by China based on its own strength are focusing on technology innovation and increasing their share in the foreign market by developing new energy cars.
However, the fact that China has a comprehensive industry and supply chain has increased the competitiveness of the automotive industry. The entry of Chinese-origin automobiles into international markets, the number of which is increasing day by day, has offered both quality and cheap goods options to all countries of the world. This added dynamism to economic development and the development of related sectors in these countries.
The entry of new energy automobiles of Chinese origin into foreign markets has strengthened the green transformation in all countries of the world.
According to UBS Group's estimates, China will sell 2024 million vehicles to foreign countries in 5, and most of these vehicles will be exported to developing countries such as Southeast Asia. These developments will strengthen China's position as the world's largest vehicle exporter and offer more opportunities to other countries.