Jinwu Financial News | china international capital corporation stated that the bank believes that chinese automotive companies, with their mature and rich products, leading electric asia vets technology, and complete distribution network, are likely to achieve breakthroughs in rapidly advancing new energy transformation in overseas markets. At the same time, rbob gasoline exports remain stable, further opening up growth space for overseas sales. Referring to Japanese automotive companies, according to JAMA data, in 2023, Japanese overseas sales exceeded 20 million vehicles, with a market share in the usa approaching 30%, and other overseas market share exceeding 25%. The bank estimates that the potential overseas market scale for chinese automotive companies is approximately 40 million vehicles, with long-term overseas sales expected to challenge 8 million vehicles.
Against the backdrop of advancing global electrification and tightening trade policies, the bank is bullish on the leading domestic new energy vehicle companies in china that have relatively well-established localized production capacity. Leveraging mature electric products, continuous technological innovation, and a complete distribution network, these companies are gradually opening up growth space for overseas sales.