Home> Industry Information> China's "wheels" export momentum is strong

China's "wheels" export momentum is strong

October 26, 2022

Auto exports have become a major highlight of China's foreign trade growth.

The latest data from the General Administration of Customs shows that the first three quarters of auto exports 259.84 billion yuan, an increase of 67.1%. According to the statistical analysis of the China Association of Automobile Manufacturers, Chinese auto enterprises exported 2.117 million units in the first three quarters, exceeding last year's annual export volume. auto exports showed strong growth in September. The unit price of China's exported cars has improved, with auto enterprises exporting 301,000 units, up 73.9% year-on-year.

The October cross-border index released during the hot Alibaba International Station Autumn Online Fair also shows that China's auto industry has seen a huge increase in product power in recent years, bringing huge export growth, and auto-related industries are also strong: the rapid development of new energy vehicles has led to a surge in demand for charging piles; China's flat-rate auto parts have become a global auto parts cost-effective supermarket; with the development of autonomous driving, car networking and other technologies With the development of autonomous driving, connected car and other technologies, the demand for Chinese-made automotive supplies in Europe and the United States has surged. Meanwhile, cross-border e-commerce is becoming a new track for Chinese auto brands to go abroad, helping Chinese manufacturers seize more overseas opportunities.

Rapid development of new energy vehicles

Driving a surge in demand for charging piles

China is the world's largest producer of electric vehicles. From the customs data in the first eight months of this year, China's new energy vehicle exports contributed 26.7% to the growth of auto exports, becoming a new highlight of the auto industry's foreign trade. With the rapid development of new energy vehicles, the demand of vehicle owners for charging piles has also increased rapidly.

The cross-border index of Alibaba International Station shows that the global popular search index of new energy charging pile has been climbing year by year since 2017, especially the rapid growth since 2020, and the countries with the highest search heat for new energy charging pile are the UK, Germany, Ireland, the United States and New Zealand. From the perspective of regional demand differences in application scenarios, the U.S. currently has the majority of household use and will continue this growth trend. Although the EU is currently dominated by households, the region will gradually adjust to a majority of public charging piles.

It is worth noting that Russia's new energy vehicles and their charging pile market prospects. In recent years, Russia has intensively introduced measures to encourage the development of energy-saving as well as new energy vehicles in the country, and the sales of new energy vehicles are expected to rise by 40% to 45% this year. In June this year, the Russian Ministry of Industry and Trade revised the requirements in terms of fast charging facilities for electric vehicles, stipulating that the Chinese standard GB/T is mandatory, while the European and Japanese standards are optional. 70% of electric vehicles in Russia will use Chinese charging stations in the future.

Product full price fragrance

China Pinti auto parts sell well around the world

The development of technologies such as autonomous driving and connected cars has also led to a surge in demand for automotive electronics aftermarket. Alibaba International Station cross-border index shows that in terms of auto parts, China's technology content and cost performance is gradually improving, and the product is full, more quantity, with price advantage, the price of Chinese flat replacement parts is 1/5 of the price of the original parts, in addition to the domestic market, the Middle East, South America, Southeast Asia, Africa market is growing rapidly.

Guangzhou Jinyuan Trading Co., Ltd. is an enterprise mainly engaged in the sales of Honda auto flat parts, its own brand "YuTai YuTai" "MEILENG Meiling" is a more complete brand of Honda parts brand SKU. At present, "MEILENG Meiling" has more than 800 global agents, covering 25,000 SKUs, including body parts, electrical parts, engine parts, chassis parts, wearing parts, interior parts and other Honda spare parts. Last year, it just started to do cross-border e-commerce to taste the sweetness, online sales this year in more than 30 million yuan, an increase of three times.

For why the rapid occupation of overseas markets, Guangzhou Jinyuan Trading Co., Ltd. the relevant responsible person believes that China's auto parts supply chain is more complete, complete products, with cost advantages, efficiency advantages, R & D advantages, and can provide one-stop service. "Our customers are mainly overseas wholesalers and auto parts dealers. In South America, the products have competitive advantages in price and quality, and have a good reputation. The biggest order this year came from Colombia, mainly chassis-type parts."

In Alibaba International Station, there are many more auto parts sellers like Guangzhou Jinyuan who have embraced digital foreign trade and reaped great rewards. With the continuous release of growth potential, Chinese auto parts products are expected to become a new driving force to speed up the development of China's cross-border e-commerce retail export industry.

Alibaba cross-border index shows that China's auto parts exports continue to grow. China's exports of automotive electronic control and in-vehicle electronic products amount to about $20 billion, and the core opportunities for Chinese brands are in the automotive electronics aftermarket, including intelligent cockpits and ADAS (Advanced Assisted Driving Systems).

Cross-border e-commerce has become a new track for the whole car to go abroad

Helping businessmen shine in the European market

As China's auto industry continues to accelerate, cross-border e-commerce is becoming a new track for cars going abroad. Data show that in 2021, the national vehicle export enterprises about 2,000, Alibaba international station vehicle category merchants reached more than 800, the average daily traffic of 100,000 level, covering the vehicle export mainstream countries.

In 2019, Dongfeng Liuzhou Automobile opened a flagship store in Alibaba International Station, taking advantage of the digital east wind to go to sea. "The GMV in the first year was less than $2 million, and this year it is expected to have about $5 million." Li Xuan, head of e-commerce at Dongfeng Liuzhou Auto, said, "This year we received customer inquiries from 81 countries through Alibaba International Station, 41 of which are new markets that were not developed in the past, which makes us more determined that cross-border e-commerce is one of the important roads for us to go out."

In order to help foreign trade enterprises expand customer acquisition channels, Alibaba International Station launched the "digital mixed exhibition" service, integrating "online digital exhibition + remote offline booth" to help domestic SMEs participate in top international exhibitions without leaving home, opening up new growth space. With the new model of "digital hybrid exhibition", Dongfeng Liuzhou Auto has made an appearance at AMF, the world's largest auto parts exhibition.

"Previously, our overseas markets were mainly concentrated in Southeast Asia and South America." Li Xuan said that after the launch of new energy vehicles at the AMF hybrid exhibition, Dongfeng Liuzhou Auto successfully entered the most "difficult" European market. "Less than half a month after the AMF exhibition, we received more than 1 million U.S. dollars of orders."

Li said that in the field of new energy vehicles, China's industrial chain advantage is obvious. For example, there is a complete industry chain for batteries, motors and electric control three electric systems. At present, Dongfeng Liuzhou Auto has covered 50 countries and regions around the world through Alibaba International Station, many of which are newly opened markets. From January to August this year, Dongfeng Liuzhou Auto exported more than 16,000 vehicles, an increase of 92% year-on-year, which has exceeded last year's annual total, a record high for three consecutive years.

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