活力中国调研行丨产销两旺，中国新能源汽车持续火爆

Core Insights - China's new energy vehicle (NEV) production is booming, with a production rate of one vehicle every 118 seconds, and a total output of 8.232 million units from January to July 2023, reflecting a year-on-year increase of 39.2% [1] - The "trade-in" policy has significantly boosted consumer demand, with over 70% of consumers indicating that subsidies enhance their willingness to purchase new vehicles [1] - The Chinese government is actively promoting NEV consumption through various initiatives, including the launch of a campaign to stimulate sales in rural areas, which is expected to generate substantial sales growth [2] Industry Performance - The NEV market in China is not only thriving domestically but also seeing significant growth in exports, with a 12.8% increase in total vehicle exports and an impressive 84.6% rise in NEV exports, totaling 1.308 million units from January to July 2023 [2] - Emerging brands like Lantu are expanding their presence in international markets, with plans to cover 60 countries by 2030, indicating a strong global ambition [3] - Despite some restrictions in Western markets, Chinese NEVs maintain a competitive edge in Southeast Asia and South America due to advantages in technology, cost, and supply chain [3]