CAAM Secretary General Cui Dongshu Forecasts Continued High Exports of New Energy Vehicles

Published: Dec 24, 2023 13:30

Save

CAAM Secretary General Cui Dongshu: New energy vehicle exports expected to remain high in the coming months.

The "Science and Technology Innovation Board Daily" reported on the 24th that Cui Dongshu, the Secretary General of the CAAM, stated that the cumulative exports of new energy passenger vehicles from January to November reached 940,000 units, an increase of 75% year-on-year. Monitoring of retail data in overseas markets for independently exported vehicles, such as SAIC's independent brands, showed strong performance in Europe. In addition to the outstanding performance of traditional export car companies, recent exports from new players have also gradually started, with data beginning to emerge in overseas markets. It is expected that the export of new energy vehicles will continue to grow significantly in the coming months.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

8 hours ago

[SMM Analysis] Cutting 6-series, moving away from CATL: Behind the buzz in August's auto market, ternary is being repriced

8 hours ago

10 hours ago

Approximately $1.4 billion! India plans 130 billion rupee battery component incentive program

Recently, according to India's Business Standard, the Indian government is formulating an advanced battery component incentive program totaling approximately 130 billion rupees (about $1.4 billion). The program's incentive scope covers key battery cell components, including cathode and anode active materials, electrolyte, separators, and copper foil. According to sources familiar with the matter, the program has completed inter-ministerial consultations and is about to be submitted to the Ministry of Finance's Expenditure Finance Committee for approval.

10 hours ago

August Oxide Electrolyte Analysis: How Does the "Solid-Liquid Hybrid Main Engine" Perform Amid Price Divergence?

In August 2026, oxide electrolytes continued their role as the "main engine for solid-liquid hybrid batteries." LATP prices dropped to just over RMB 90/kg, while LLZO held steady at RMB 638/kg. Unlike sulfide electrolytes, which saw record-high production but a meager capacity utilization rate of just 5.82%, the oxide route。

10 hours ago