China Surges Past Japan As World’s Top Car Exporter In Q1 2023
China exported 3.32 million vehicles in 2022, and this number is set to increase this year
China has rapidly evolved into a major force in the automotive industry, as proven by its ever-increasing exports. In 2022, China surpassed Germany to become the second largest exporter with 3.32 million vehicles. With a further increase so far in 2023, China has overtaken Japan, reaching the top spot in the first quarter of the year.
Chinese cars used to have a bad reputation for their build quality and safety credentials, but those days are long gone. Local automakers have improved so much that they can now compete head-to-head with well-established rivals, questioning their dominance in the global automotive landscape. A number of competitive advantages – including the lower cost – alongside China’s growing expertise in electric vehicles (it is the world’s largest market for EVs) are slowly changing the way people perceive Chinese models, leading to an unprecedented global expansion.
As reported by S&P Global, China’s 3.32 million vehicle exports in 2022 represented a 57% growth compared to 2021. Between January and April 2023, China’s vehicle exports increased by 76% year-to-year to around 1.5 million, occupying the first place in the global charts.
While the demand for new vehicles in China is declining, the growth in export markets kept the local automotive industry quite busy. Note that, unlike overseas rivals, Chinese automakers weren’t hit by serious supply chain issues and semiconductor shortages, allowing them to flourish. SAIC Motor and Chery are heading the pack, with BYD and Geely showing great export potential.
Russia, Europe, And North America Are The Main Points Of Interest
In Europe, China’s offensive is more gradual, as people need to be convinced about the quality of the products before leaving the safe waters of brand loyalty. Belgium is a strong market as it accounts for 6% of the Chinese vehicle exports, with another 4% ending up in the UK. A good business example is SAIC’s clever use of the MG brand which now sells more vehicles in Europe and the UK compared to China. Other automakers like BYD are planning to build factories in Europe, something that would help them avoid customs duties and improve their image in the Old Continent.
Mexico is China’s largest vehicle export market taking over 8% of the pie in 2022, mostly due to GM’s popular offerings which are built in Chinese factories. On the other hand, the US is not an easy target for China’s automotive industry due to the political tension between the countries and the 25% tariff imposed by the US government on Chinese-built models. Other tough cases include the markets of India and Turkey, where the local governments do not favor imported vehicles from China.
The future sounds promising for Chinese automakers who built their design, engineering, and manufacturing expertise by learning from their well-established Western competitors as part of joint ventures.
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setelah jerman terlampaui taon lalu, kinerja mobil2 cungkwo smakin kinclong dan mulai menyusul jepen smentara kroya slatan malah udah ndak masuk itungan sama skale
sirene udah berbunyi dan para ahli dari dulu udah memperingatkan hal ini agar jerman dan jepen ndak anggap enteng otomotif cungkwo
udah dari beberapa taon lalu sblom kolorna
viewtopic.php?t=28805
mungkin gara2 terlalu fokus pada leon masker sahaja
crita mertua yg barusan pulang dari sianghai liat pameran skalian ajak liburan cucu2 kok skrg pengen beli mobil cungkwo setelah dari sana
mama mertua dan anak2 nya masih ndak se7
mertua sebagai penggemar boil jepen atoyot hando dan jerman dulu punya biem seri 3 e36 bilang stelah dari sana kok skrg jadi yakin kalo dominasi otomotif jepen dan jerman dalam bahaya
jgn2 para cucu ndak akan familiar dengan merk mobil sperti kita2 yg udah tuwek skrg ini
lha bahkan jika cuman kehilangan pasar cungkwo yg polum nya terbanyak dunia udah berat banget setengah koit bagi produsen mobil jerman dan jepen apalagi jika kehilangan dominasi otomotif global mreka
karna cungkwo memang berniat menyerbu pasar otomotif luar domestik mereka bahkan awal2 bidik negara maju mamaerika, yurop dan ostralia
giias bulan depan kata nya byk produsen cungkwo mulai masuk endo bahkan dirikan pabrik dan r n d taon 2025
perang rasia yukren masih blom slesai sperti nya asia tenggarong menyusul menjadi medan perang dahsyat antara mobil cungkwo dan jepen
semoga konsumen diuntngkan dalam hal ini dan produsen jepen juga jerman harus smakin memperkuat after sales dan servis mreka jg
