At present, China has truly become the world's largest automobile exporter.

In the first half of 2024, Japan's automobile export volume was 2.01 million units, while our country's automobile export volume reached as high as 2.79 million units during the same period, far surpassing Japan and ranking first in the world.

Not only that, Japan's automobile export volume decreased by 0.3% in the first half of the year, lower than the same period last year, while China's automobile export volume increased by 30%, and China has been crowned the world's largest automobile exporter for two consecutive years.

It is undeniable that the rapid growth of China's automobile exports is largely due to new energy vehicles.

In the first half of this year, China's new energy vehicle exports broke through 600,000 units, with an increase of over 13%.

The "overtaking on the bend" of new energy vehicles is undoubtedly successful, defeating many joint ventures in the domestic market.

Even Japanese car companies like Toyota and Honda are experiencing a significant decline in sales in the Chinese market.

Now, China's largest automobile group has changed hands, no longer being Toyota or Volkswagen, but BYD, with annual sales of over 3 million units, and successfully entering the top ten global sales list.

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This is the first time a Chinese automobile company has entered the top ten global list.

The success of China's new energy vehicle track will undoubtedly change the entire global automotive industry pattern.

Even luxury brands like Mercedes-Benz, BMW, and Porsche are not having an easy time in the Chinese market now, and price reductions cannot bring sales, while the sales of Chinese high-end new energy vehicles are rising rapidly, leaving foreign car companies with no counterattack.

Chinese automobiles will not only focus on the domestic market but also compete and layout the international market.

Therefore, the automobile export data for the first half of this year shows that the growth rate of 30% indicates that the momentum of China's automobile exports is still on the rise and still has a large room for growth.

In the past few years, China's largest automobile exporter was SAIC Group, with annual export sales exceeding one million units, especially with good sales in the European market.

However, by the first half of 2024, China's largest automobile exporter had changed hands, with Chery Group successfully becoming the number one in whole vehicle exports with 530,000 units in the first half of the year, while SAIC Group took second place with 439,000 units, followed by Changan, Geely, BYD, Great Wall, Tesla, and so on.

Among them, BYD exported 207,000 units in the first half of the year, ranking fifth, but BYD's export growth rate is as high as 160%, which is the fastest growing domestic car company in terms of export growth.

In addition, the export growth rates of Great Wall and Changan are both over 60%, and the speed of domestic car exports is very fast.

Today, when it comes to automobile exports, some people still say that it is mainly due to Tesla's contribution, which is completely out of touch with the rhythm of the times.

You should know that Tesla exported 148,000 vehicles in the first half of this year, ranking seventh, accounting for only 5.3% of the domestic whole vehicle export share.

Chery Group's export sales account for nearly 20% of the total domestic export share, and it is currently ranked first.

It is expected that Chery's exports will break through the 1 million unit mark this year.

At the same time, Chery is also a pride of Chinese automobile companies, entering the Fortune Global 500 list for the first time this year.

Chery Group's revenue in 2023 exceeded 300 billion yuan, and it reached more than 270 billion yuan in the first half of this year, so the annual revenue is expected to exceed 500 billion, setting a new high.

Chery's most impressive point is that its overseas market performance is very good, with overseas sales accounting for more than 50% of its total sales, especially in countries such as Russia, Brazil, Turkey, Qatar, Mexico, and other countries with high market share, and users are distributed in more than 80 countries and regions around the world.

Domestic automobile export companies have achieved good results, but there is still room for improvement.

The author has the following three suggestions: First, new energy vehicles are selling well in the domestic market, but in terms of exports, traditional fuel vehicles are still the main ones, accounting for a high proportion, so it is necessary to continue to increase the proportion of new energy vehicle exports, except for BYD.

Second, it is a general trend for Chinese automobile companies to go overseas.

In addition to automobile exports, they should also improve their localization management capabilities and build production plants all over the world, which will accelerate the sales growth of domestic cars in overseas markets.

Toyota of Japan has done this.

Finally, continue to improve R&D strength, improve product quality, maintain the company's long-term development capabilities, and while improving overall profitability, it is also necessary to improve the salary and treatment of workers.