China at No 2 in vehicle exports in Sept, cementing the country's newly earned position as the world's No 2 vehicle exporter

[beijingwalker]

China at No 2 in vehicle exports in Sept, cementing the country's newly earned position as the world's No 2 vehicle exporter​

Updated: 2022-10-12 07:19

Export-bound vehicles await loading at Lianyungang Port, Jiangsu province. [PHOTO by WANG CHUN/FOR CHINA DAILY]

China's vehicle exports continued their momentum last month, cementing the country's newly earned position as the world's No 2 vehicle exporter, as local carmakers are stepping up efforts to explore overseas markets.

In all, 301,000 vehicles left China's ports in September, according to data from the China Association of Automobile Manufacturers released on Tuesday. September data showed a 2.6 percent dip from the record high in August, but vehicle exports were still up almost 74 percent year-on-year.

Total exports in the first three quarters reached 2.12 million units, up 55 percent year-on-year, and more than the total in 2021, the first year China's vehicle exports reached 2 million units.

China overtook Germany as the world's second-largest vehicle exporter in August, and is now second only to Japan. Some 1.82 million units were shipped out of China in the first eight months of this year.
Exports from Germany in the same period stood at 1.66 million units, according to the German Association of the Automotive Industry.

Chinese carmakers are revving up their exploration of global markets. In September, Great Wall Motors, the country's largest SUV and pickup maker, sold over 18,000 vehicles overseas, accounting for one-fifth of its total sales in the month.

So far this year, it sold 112,000 units overseas, up 14 percent year-on-year. The carmaker said it is accelerating its go-global strategy, with electrification as one of its pillars.

One example is its plug-in hybrid H6 SUV, which hit the Thai market on Friday. The carmaker said it received over 1,000 orders for the model during a 40-minute launch event.

Cui Dongshu, secretary-general of the China Passenger Car Association, said new energy vehicles, which include electric cars and plug-in hybrids, are emerging as a new driving force of China's vehicle exports.

In the first three quarters, NEV exports totaled 389,000 units, double the figure in the same period last year. The top three destinations of such vehicles were Belgium, the United Kingdom and Thailand.

German car rental company Sixt signed a deal earlier this month for around 100,000 electric cars from China's BYD. The order is to be met by 2028.

In the first stage of the agreement, BYD will deliver several thousand EVs to Sixt, with the first of them likely to be made available in the fourth quarter of this year.

SAIC Motor, China's largest carmaker, exported 99,000 vehicles in September. Of them, 10,000 MG4 EVs were bound for Europe.

The model, which SAIC said was the result of its Chinese and British teams based on new car quality standards in different countries, will be available in around 20 nations on the continent in the fourth quarter.
The carmaker said the model will help it to grow Europe as its first overseas market where its annual sales can reach 100,000 units.

SAIC aims to sell at least 240,000 NEVs annually in Europe by 2025 as part of its goal to deliver 1.5 million vehicles to overseas markets in the same year. It sold 688,000 units outside of China in the first three quarters, up nearly 56 percent year-on-year.

https://www.chinadaily.com.cn/a/202210/12/WS6345f9fea310fd2b29e7bed3.html

 

[REhorror]

Hmm, I thought China has already surpassed Japan at no. 1 this year?

 

[MH.Yang]

Hmm, I thought China has already surpassed Japan at no. 1 this year?

I'm afraid we can't surpass Japan this year.

The yen depreciated too fast, which stimulated Japan's automobile export trade.

This year, only in August did our exports exceed Japan's, but in September Japan regained the first place.

But in 2023, we will definitely be the first. In 2023, the world will need more new energy vehicles instead of fuel vehicles.

 

[Hamartia Antidote]

I'm afraid we can't surpass Japan this year.

The yen depreciated too fast, which stimulated Japan's automobile export trade.

This year, only in August did our exports exceed Japan's, but in September Japan regained the first place.

But in 2023, we will definitely be the first. In 2023, the world will need more new energy vehicles instead of fuel vehicles.

Why? I'm sure there's a huge market in developing countries for some ~$10,000 car.

Look at the price for one of the most popular cars in China the Wuling Mini.

Meet Wuling Mini EV's Smaller Yet Pricier Sibling, The Nano EV

Wuling has unveiled its latest electric vehicle, the Nano EV, as a Disney Zootopia edition limited to 5,000 units costing $9,250 each.

insideevs.com

"China’s best-selling EV for much of 2021, the Wuling Hongguang Mini EV, has been in the news quite a lot lately, and not only at home.
With a $4,500 base price, the Mini EV is one of the cheapest electric vehicles in the world and offers decent specs for the money. "

---

How can you not sell 1 million of these easily???

 

[Song Hong]

Car industry is only hope Japan can continue her high standards of living. Right now Lexus perform far below BYD EV in terms of kinetics and interior design and BYD EV is selling at at least 20% price compared to Lexus.

Japan will have trouble.

 

[MH.Yang]

Why? I'm sure there's a huge market in developing countries for some ~$10,000 car.

Look at the price for one of the most popular cars in China the Wuling Mini.

Meet Wuling Mini EV's Smaller Yet Pricier Sibling, The Nano EV

Wuling has unveiled its latest electric vehicle, the Nano EV, as a Disney Zootopia edition limited to 5,000 units costing $9,250 each.

insideevs.com

"China’s best-selling EV for much of 2021, the Wuling Hongguang Mini EV, has been in the news quite a lot lately, and not only at home.
With a $4,500 base price, the Mini EV is one of the cheapest electric vehicles in the world and offers decent specs for the money. "

---

How can you not sell 1 million of these easily???

The sales crowd of Mini is students who are studying and the elderly who exceed the driving age limit.

Its biggest advantage is to take advantage of China's legal loopholes to provide an EV for those who do not have a driver's license or can not get a license plate on their cars.

Europe and other countries will not buy such cars, while Africa and other countries cannot provide the infrastructure needed for such cars.

So the export data of this kind of car is very bad.

 

[Hamartia Antidote]

Car industry is only hope Japan can continue her high standards of living. Right now Lexus perform far below BYD EV in terms of kinetics and interior design and BYD EV is selling at at least 20% price compared to Lexus.

Japan will have trouble.

The problem is China still has a reputation for low quality/reliability while Lexus is known for being #1 in the world in quality/reliability.

while Africa and other countries cannot provide the infrastructure needed for such cars.

So the export data of this kind of car is very bad.

You think it is easier for these countries to support gasoline stations vs electricity?

 

[MH.Yang]

The problem is China still has a reputation for low quality/reliability while Lexus is known for being #1 in the world in quality/reliability.



You think it is easier for these countries to support gasoline stations vs electricity?

Mini is only suitable for special people in china. African countries cannot provide the infrastructure they need.

This kind of car usually has a range of no more than 150km in summer. The endurance in winter shall not exceed 100km. And the speed usually does not exceed 70km.

Can African countries provide a car charging station every 70km?

Yes, it usually sells for less than 10000 dollars, which is very cheap compared with other vehicles. But compared with the motorcycle that Africans like, it is not cheap. At least the motorcycle has a longer range and faster speed.



Because of its size and use of batteries, mini vehicles take advantage of loopholes in Chinese laws to avoid the requirements for driving licenses and license plates. This kind of car sells well among the elderly and students.

Mini is temporarily judged as a kind of existence similar to toy vehicles. It is not a car in Chinese law.



License plates of Chinese cars

Mini does not need a license plate

BTW: Don't be confused by this kind of vehicle. Now the roads in China are not crowded, so the Chinese government allows such vehicles to wander in the gray area of the law. Once there is pressure on China's roads, the Chinese government will inevitably amend the laws and crack down on such vehicles. This kind of vehicle will disappear sooner or later.

 

[REhorror]

Why? I'm sure there's a huge market in developing countries for some ~$10,000 car.

Look at the price for one of the most popular cars in China the Wuling Mini.

Meet Wuling Mini EV's Smaller Yet Pricier Sibling, The Nano EV

Wuling has unveiled its latest electric vehicle, the Nano EV, as a Disney Zootopia edition limited to 5,000 units costing $9,250 each.

insideevs.com

"China’s best-selling EV for much of 2021, the Wuling Hongguang Mini EV, has been in the news quite a lot lately, and not only at home.
With a $4,500 base price, the Mini EV is one of the cheapest electric vehicles in the world and offers decent specs for the money. "

---

How can you not sell 1 million of these easily???

Honestly those mini-cars are only cars I will buy.

Best bang for your bucks.

 

[Hamartia Antidote]

Mini is only suitable for special people in china. African countries cannot provide the infrastructure they need.

This kind of car usually has a range of no more than 150km in summer. The endurance in winter shall not exceed 100km. And the speed usually does not exceed 70km.

Can African countries provide a car charging station every 70km?

Yes, it usually sells for less than 10000 dollars, which is very cheap compared with other vehicles. But compared with the motorcycle that Africans like, it is not cheap. At least the motorcycle has a longer range and faster speed.



Because of its size and use of batteries, mini vehicles take advantage of loopholes in Chinese laws to avoid the requirements for driving licenses and license plates. This kind of car sells well among the elderly and students.

Mini is temporarily judged as a kind of existence similar to toy vehicles. It is not a car in Chinese law.



License plates of Chinese cars
View attachment 886688


Mini does not need a license plate
View attachment 886689


BTW: Don't be confused by this kind of vehicle. Now the roads in China are not crowded, so the Chinese government allows such vehicles to wander in the gray area of the law. Once there is pressure on China's roads, the Chinese government will inevitably amend the laws and crack down on such vehicles. This kind of vehicle will disappear sooner or later.

I was thinking along the lines of can the typical developing country handle widely fluctuating gasoline prices (likely beyond their control) versus the local power grid which is likely less open to crazy price swings. For instance looking at the colorful map I posted it looks like hydro is very popular in Africa and South America.

 

[MH.Yang]

I was thinking along the lines of can the typical developing country handle widely fluctuating gasoline prices (likely beyond their control) versus the local power grid which is likely less open to crazy price swings. For instance looking at the colorful map I posted it looks like hydro is very popular in Africa and South America.

First of all, oil producing countries such as Nigeria, Libya, Algeria, Angola, Chad, Togo, Benin, Egypt, Ethiopia and Sudan need not be considered. It must be easier for them to get oil than stable electricity.

Second, Zimbabwe, Tanzania and other oil poor countries, although their oil prices are expensive, at least they can obtain them stably. Electricity stability is not a problem that personal wealth can solve.

 

[MH.Yang]

Hmm, I thought China has already surpassed Japan at no. 1 this year?

The yen exchange rate has dropped to 147.4, and Japan's per capita GDP has dropped to 29.1k US dollars.

Japan's per capita GDP once reached 50k US dollars in 2012.

With the sharp depreciation of the yen, the prices of goods produced in Japan are also falling rapidly. For example, Japanese cars.

 

[Daniel808]

Why? I'm sure there's a huge market in developing countries for some ~$10,000 car.

Look at the price for one of the most popular cars in China the Wuling Mini.

Meet Wuling Mini EV's Smaller Yet Pricier Sibling, The Nano EV

Wuling has unveiled its latest electric vehicle, the Nano EV, as a Disney Zootopia edition limited to 5,000 units costing $9,250 each.

insideevs.com

"China’s best-selling EV for much of 2021, the Wuling Hongguang Mini EV, has been in the news quite a lot lately, and not only at home.
With a $4,500 base price, the Mini EV is one of the cheapest electric vehicles in the world and offers decent specs for the money. "

---

How can you not sell 1 million of these easily???

Most of small cars is produced by Chinese Companies in the host countries.

If they produce that Mini EV of cars in China then shipped them to other parts of the world. Their profit would be eaten by shipping cost.


That’s why they produce those Mini EV in the host countries. Like Wuling Air EV produced in Wuling Cikarang Plant, Indonesia. Not in China, so they wouldn’t be counted as Chinese exported cars.


Wuling Air EV itself very popular in Indonesia, and successfully secured thousands of orders in the first months

What China export are Large EV, SUV, Sedans, etc.
Like BYD Atto 3 for Australian market

Or NIO SUV EV for Norwegian market

 

[beijingwalker]

China Overtakes Germany as World’s Second-Biggest Car Exporter on Strong NEV Sales
DATE: OCT 21 2022

Oct. 21 -- China is now the second-largest auto exporter in the world after Japan, as the country’s car exports in the first nine months surged 55.5 percent from a year earlier on the back of growing overseas demand for its new energy vehicles, pushing Germany into third place.

China exported 2.11 million cars between January and September, according to the latest data from the China Association of Automobile Manufacturers. While Germany sold 1.91 million vehicles abroad over the same period, according to the German Association of the Automotive Industry.

Electric cars are becoming the new driver of China’s auto exports, said Cui Dongshu, secretary-general of the China Passenger Car Association. China-made NEVs are highly competitive in terms of their technology, price and models.

Neta only launched its first model overseas in August, but exports had topped 5,200 units by mid-September, the auto start-up told Yicai Global. This drove up deliveries to a record high in September at 18,005 units.

China's NEV sector has improved its overall competitiveness and can meet diversified global demand, said Fu Bingfeng, executive vice president and secretary general of CAAM.

This is the result of years of industrial backing, Fu said. The Chinese government has substantially increased its support for the sector in the past decade. When the global chip shortage struck, China’s NEV exports jumped, demonstrating the strength of the country’s complete industrial chain.

The auto parts industry is also benefiting a lot, said Wang Jialiang, general manager of Zhejiang Channov Auto Parts. Although sales this year are expected to be the same as last year, the firm’s exports in the first eight months soared almost 80 percent year on year. The company is putting more emphasis on developing NEV parts to make the most of this growing market.

Zhejiang ODM Transmission Technology exports around 60 percent of its products, said international supporting marketing manager Lai Chuanjun. In the first three quarters, the auto parts maker achieved sales of CNY900 million (USD124.1 million), a gain of 20 percent from last year.

China Overtakes Germany as World’s Second-Biggest Car Exporter on Strong NEV Sales

www.yicaiglobal.com