Guangzhou, China, November 21, 2023. Spectators look at domestic new energy vehicles at the Guangzhou International Auto Show.
The 2023 Guangzhou International Auto Show, known as the "vane of the development of China's automobile market", was held from November 17 to 26, and new energy vehicles occupied the "C position ", the exhibition scale and product strength went to a higher level, and "going to sea" became the focus of many new energy vehicle brands. China's new energy automobile industry chain has become stronger and bigger, and it has run out of the "acceleration" to help the global automobile industry upgrade.
New energy vehicles show a good trend of production and sales. In terms of production, among the more than 1,100 exhibition cars at the Guangzhou International Auto Show, 469 new energy vehicles accounted for more than 40% of the total number of exhibiting vehicles, setting a record. While the number is dominant, China's new energy vehicles are constantly updated and iterated in technology, and different brands of cars compete with new products and show their unique abilities. Looking at sales, new energy vehicles form double growth in the domestic market and overseas market. From January to October this year, China's new energy vehicle sales reached 7.28 million, an increase of 37.8 percent year-on-year. Among them, nearly 1 million new energy vehicles were exported, an increase of nearly 100%. Rapid export growth has injected new momentum into foreign trade. In the third quarter of this year, 65% of new energy vehicle sales in the global market came from China.
The "password" of strong production and marketing lies in the internal driving force brought by forward-looking industrial policy layout, complete industrial chain support and technological innovation. For example, it is in the field of motor, electronic control, battery "three power" to master the core key technology, so that China's new energy vehicles can occupy an advantage in internat