Economic Operation of China's Automotive Industry in June 2023

In June 2023, China's automobile production and sales reached 2.561 million and 2.622 million units, respectively, with year-on-year growth of 2.5% and 4.8%. Among them, the production and sales of new energy vehicles completed 784,000 and 806,000 units respectively, with year-on-year growth of 32.8% and 35.2%.

1、 China's automobile sales increased by 4.8% year-on-year in June

In June, China's automobile production and sales reached 2.561 million and 2.622 million units, respectively, with year-on-year growth of 2.5% and 4.8%.

From January to June, China's automobile production and sales reached 13.248 million and 13.239 million units, respectively, with year-on-year growth of 9.3% and 9.8%.

(1） China's passenger vehicle sales increased by 2.1% year-on-year in June

In June, China's passenger vehicle production and sales reached 2.219 million and 2.268 million units respectively, with a year-on-year decrease of 0.9% in production and a year-on-year increase of 2.1% in sales.

From January to June, China's passenger vehicle production and sales reached 11.281 million and 11.268 million units, respectively, with year-on-year growth of 8.1% and 8.8%.

(2) In June, China's sales of commercial vehicles increased by 26.3% year-on-year

In June, China's commercial vehicle production and sales reached 342,000 and 355,000 units, respectively, with year-on-year growth of 31.3% and 26.3%.

From January to June, China's commercial vehicle production and sales completed 1.967 million and 1.971 million units respectively, with year-on-year growth of 16.9% and 15.8%, respectively.

2、 In June, China's sales of new energy vehicles increased by 35.2% year-on-year

In June, China's production and sales of new energy vehicles completed 784,000 and 806,000 units respectively, with year-on-year growth of 32.8% and 35.2% respectively; The China's sales of new energy vehicles account for 30.7% of the total sales of new vehicles.

From January to June, China's production and sales of new energy vehicles reached 3.788 million and 3.747 million respectively, with year-on-year growth of 42.4% and 44.1% respectively; The sales of new energy vehicles in China account for 28.3% of the total sales of new vehicles.

3、 In June, China's automobile exports increased by 53.2% year-on-year

In June, China exported 382,000 complete vehicles, with a year-on-year increase of 53.2%. Export of 78,000 new energy vehicles, with a year-on-year increase of 1.7 times.

From January to June, China exported 2.14 million complete vehicles, with a year-on-year increase of 75.7%. The export of new energy vehicles reached 534,000 units, with a year-on-year increase of 1.6 times.

(Note: the above data are from China Association of Automobile Manufacturers)

Translated by; WONDEE Autoparts

2023/8/1