China Association of Automobile Manufacturers: The automobile manufacturing industry’s revenue from January to August reached 6.16519 billion yuan, a year-on-year increase of 10.9%

According to data from the National Bureau of Statistics compiled by the China Association of Automobile Manufacturers, this site learned that as of September 27

• from January to August 2023, the automobile manufacturing industry had completed operating income of 61651.9 billion, a year-on-year increase of 10.9%, accounting for 7.3% of the total operating income of industrial enterprises above designated size.

• From January to August 2023, the profit of the automobile manufacturing industry was 303.59 billion yuan, a year-on-year increase 2.4%, accounting for 6.5% of the total profits of industrial enterprises above designated size. From January to August 2023, the automobile manufacturing profit margin was 4.9%.

This site noticed that data from the China Automobile Association showed that my country’s automobile production and sales in August completed 2.575 million units and 2.582 million units respectively. million units, an increase of 7.2% and 8.2% respectively month-on-month, and a year-on-year increase of 7.5% and 8.4% respectively.

From January to August, automobile production and sales reached 18.225 million units and 18.21 million units respectively, with year-on-year growth of 7.4% and 8% respectively. Compared with January to July, the production growth rate remained stable, while the sales growth rate dropped slightly by 0.1 percentage point

In August this year, my country's new energy vehicle production and sales completed 843,000 and 846,000 units respectively. The month-on-month growth was 4.7% and 8.5% respectively, and the year-on-year growth was 22% and 27% respectively, with the market share reaching 32.8%.

From January to August, my country's new energy vehicle production and sales completed 5.434 million units and 5.374 million units respectively, a year-on-year increase of 36.9% and 39.2% respectively, with a market share of 29.5%.

# In August, domestic sales of new energy vehicles were 756,000, an increase of 11.4% month-on-month and 29.7% year-on-year; 90,000 new energy vehicles were exported , a month-on-month decrease of 11.2% and a year-on-year increase of 8.1%.

From January to August, domestic sales of new energy vehicles were 4.647 million units, a year-on-year increase of 32%; new energy vehicle exports were 727,000 units, a year-on-year increase of 1.1 times.

From January to August this year, the top ten enterprise groups in China’s new energy vehicle sales sold a total of 4.675 million vehicles, a year-on-year increase of 53.8%, accounting for 87% of the total new energy vehicle sales, compared with the same period last year An increase of 8.2 percentage points

The entire new energy market is still in a stage of rapid growth. Among the top ten companies in new energy vehicle sales, Li Auto has the most significant growth rate compared with the same period last year, with a year-on-year increase of 1.8 times. The sales growth rate of SAIC and Dongfeng has declined, and other companies have shown varying degrees of growth.

The top three market concentrations in my country in August were BYD, Tesla and SAIC, with a total share of 55.1%. Among them, BYD sales reached 274,000, Tesla and SAIC reached 84,000 and 91,000 respectively

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