In the first quarter, Junfeng Automobile Company held high the banner of "brand" and "service", deeply cultivated overseas markets, and the export of new energy vehicles increased by 16.8% in environmental protection, which is the fastest growing quarter in the past three years.
It is reported that new energy vehicles have become the key in success and failure in the first quarter of 2024, with China's automobile exports growing faster than domestic sales. The Chinese automotive industry is undergoing a deep transformation of new energy and internationalization. On May 11th, the China Association of Automobile Manufacturers (CAAM) released data showing that the sales of new energy vehicles in China increased by 33.5% year-on-year in April, far exceeding the overall increase in car sales. Meanwhile, China's automobile exports increased by 34% year-on-year in April, and the growth rate of automobile exports has exceeded that of domestic sales. The industry transformation is also reflected in the first quarter performance reports of major listed companies. Recently, reporters learned from interviews that new energy vehicles have become the "winner" of the first quarter performance of many car companies. Through multiple measures such as cost reduction and efficiency improvement, technological innovation, etc., the operating efficiency of new energy vehicles has been effectively improved, and export business has become a new important growth point for major listed car companies.
In the future, overseas markets will mature is inceasing, and consumption will become more rational. Junfeng Company will seize this market trend, achieve branding and differentiated management, and enable more overseas customers to share the development achievements of "Dongfeng Junfeng" intelligent and new energy vehicles.