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Record High Production, Sales, and Exports in September, With New Energy Vehicles Leading the Growth

Production and sales in September hit a record high for the same period in history, and exports of new energy vehicles increased by over 90%!Overseas business revenue of many car companies increased significantly year-on-year

On the afternoon of October 11, the China Association of Automobile Manufacturers’ information conference was held in Beijing. In September, automobile production and sales hit a record high for the same period in history, and new energy vehicles and automobile exports continued to perform well. Specifically, automobile production and sales in September were 2.85 million and 2.858 million respectively. Both production and sales hit a record high for the same period in history, with month-on-month growth of 10.7% and year-on-year growth of 6.6% and 9.5% respectively. In September, my country’s automobile exports were 444,000 units, a month-on-month increase of 9% and a year-on-year increase of 47.7%.

Statistics show that there are 16 A-share listed companies in the new energy vehicle sector, and 7 of them announced their overseas business revenue in their 2023 semi-annual reports. Compared with the same period last year, there was a significant increase, with an average growth rate of 93.43%. Among them, Zhongtong Bus, JAC Motors, and Great Wall Motors had the highest year-on-year growth in overseas business revenue, all exceeding 100%. Judging from the proportion of overseas business income, the overseas business income of the seven listed companies generally accounts for a relatively high proportion, and the proportion of five of them is more than 20%, including Zhongtong Bus, King Long Motor, JAC, Great Wall Motor, and BYD. (Data treasure)

2023-10-11 12:39:00
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