China’s July 2023 EV Exports: Top 10 Auto Manufacturers
In July 2023, China’s electric vehicle (EV) exports showed a robust increase, dominated by some of the industry’s major players. According to the figures, the top ten manufacturers by EV exports for July 2023 are as follows:
- Tesla China: 32,862 units
- BYD: 18,169 units
- SAIC Passenger Cars: 17,724 units
- SAIC-GM-Wuling: 6,674 units
- Dong Feng e-GT New Energy Automotive: 6,119 units
- Great Wall Motors: 2,391 units
- Geely Auto: 2,280 units
- Skyworth Auto: 974 units
- Chery Automobile: 285 units
- Dongfeng Sokon: 282 units
Other notable mentions include SAIC Maxus with 171 units, Changan Ford with 146 units, and Dongfeng Peugeot-Citroën Automobile with 127 units.
In total, China exported 101,000 EVs in July, a month-on-month growth of 29.5% and a year-on-year surge of 87%. Breaking down this figure:
- Battery electric vehicles (BEVs) accounted for 92,000 units, marking a 37.3% monthly growth and a significant 90.9% annual increase.
- Plug-in hybrid vehicles (PHEVs) faced a slump, exporting only 9,000 units, down 18.2% from June, yet up 54.9% year-on-year.
In the January-to-July 2023 period, China’s total EV exports stood at 636,000 units, a tremendous 150% growth compared to the previous year. Specifically, BEVs exports were 581,000 units (a 160% annual growth), while PHEVs recorded 55,000 units (an 87.9% annual increase).
China Association of Automobile Manufacturers (CAAM) data highlighted the sustained growth in vehicle exports, mirroring the end-of-year surge seen in 2022. Under CAAM’s metrics, July passenger vehicle exports (including complete vehicles and CKD) amounted to 310,000 units, up 63% year-on-year and 4% from June. From January to July, the export figure for passenger vehicles reached 1.99 million, a rise of 81% year-on-year. Notably, NEVs constituted 28% of total exports in July.
With improved export capacities, domestic brands recorded 248,000 units in July, up 56% year-on-year, maintaining the previous month’s pace. Joint ventures and luxury brands witnessed a stronger annual growth of 90%, exporting 60,000 units.
Furthermore, China’s July exports of new energy passenger vehicles totaled 88,000 units, an 80% year-on-year growth and a 26% rise from June, accounting for 27% of all passenger vehicle exports. Among these, BEVs dominated with a 92% share, and small electric vehicles (A0+A00 class) represented half of the new energy exports.