Auto & Transportation

In September this year, China's total vehicle export volume exceeded 300000 in a single month, with a year-on-year growth of 73.9%. Among them, BYD exported 7736 vehicles, with a year-on-year growth of 4.6 times. In addition, from January to August, GAC International exported 20700 vehicles, up 97% year on year

At present, China's automobile export industry has officially entered the "outbreak period". In response to the large increase in export sales in international trade, many auto enterprises have started to "build their own fleets" and "seize ships". For example, SAIC Anji Logistics issued a bid for the construction of three 7800 berth LNG dual fuel vehicle carriers in March this year. Shanghai Shipbuilding Research and Design Institute said that previous shipowners were basically professional in automobile transportation, and now automobile manufacturers are also actively involved in this market.

Auto enterprises' "ship grabbing" reflects the high view of auto international trade export. In the context of the substantial increase in China's automobile exports, will the "vehicle enterprises order ships" model become more popular?

According to Clarkson, it depends on market conditions. The consideration of the future freight cost and the "availability" of transport capacity of auto exporters in international trade will determine whether they order new ships. At present, the one-year rent of 6500 car carriers has risen to 90000 dollars/day. In the case of record high rental prices, the Chamber of International Automobile Trade Exporters hopes to control freight costs and lock up shipping space/shipping space.

The relevant person in charge of GAC Group said that GAC International had completed the layout of 26 countries in the Middle East, Asia, Europe, Africa and the Americas, and initially built a global sales and service system. Among them, Saudi Arabia, Mexico and Chile are the key markets that GAC International continues to focus on. In the first half of this year, the sales volume of these three countries has accounted for 76% of the total export volume.

"Under the influence of the" export craze "of automobiles and the global epidemic situation, export logistics transportation resources are strained. In order to improve the efficiency of export logistics, GAC International actively linked with shipping companies, ports and dealers, continued to promote shipping company cooperation, optimize port gathering services, optimize trade patterns, and accelerate the convergence of all links of logistics." The above responsible person.

Relevant responsible persons of BYD also said that in recent years, BYD's overseas new energy vehicle business has developed actively. In 2022, the company added auto exports to Japan, Germany, Sweden, Australia, Singapore, Malaysia and many Latin American countries and regions.

How to further improve the export level of domestic automobiles? The relevant person in charge of GAC Group believes that to further improve the level of auto export, Chinese auto brands need to further master the core technology of independent research and development, build a global brand, comprehensively improve the brand, technology, products and services, and upgrade from simple "product export" to "brand overseas". At the same time, it is also necessary to actively integrate into the local culture. For example, in 2021 and 2022, GACMOTOR brand under GAC will become the main sponsor of Chile Cup for two consecutive years, building a communication bridge with Chilean users with the most popular sports events of local users.

Relevant leaders of BYD believe that the global demand for new energy vehicles is still expected to release the increment in the future. China's new energy vehicles have first mover industrial and technological advantages. Compared with fuel vehicles, they are more acceptable overseas, and their premium ability has been greatly improved. At the same time, China's new energy vehicles have a relatively complete industrial chain, and the scale effect will bring cost advantages. Therefore, the export of China's new energy vehicles in international trade will continue to improve.

Some insiders said that in this context, China's auto carrier industry has achieved the design and manufacturing of catching up, and the prospect of catching up with and surpassing the transportation capacity in the future is optimistic.