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The global automobile market

In 2020, global vehicle sales reached 77.97 million units, with the decline widening from the peak of 95.66 million units in 2017 

13.8%.  The sales volume of passenger vehicles and commercial vehicles was 53.6 million and 24.37 million respectively, down 15.9 percent and 8.7 percent year-on-year.

Sales in Asia, Oceania and the Middle East reached 40.11 million units, accounting for 51.4%, while sales in America, Europe and Africa reached 2,025 units respectively  10,000, 16.71 million and 910,000, accounting for 26.0%, 21.4% and 1.2% respectively.


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From January to June, the development trend showed a deep "V" shape, with the number of global auto companies halting production due to COVID-19

There are more than 100 European auto companies, and the average suspension of production days is more than 30 working days ①.  As countries take steps,

The recovery of the auto industry has accelerated. Global auto sales have stabilized since July and registered positive year-on-year growth in September, October and December.


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The COVID-19 epidemic has spread to a wide range of countries and has a deep impact. Car sales in the United States, Japan, Germany, France and the United Kingdom

The volume was 14.45 million, 4.6 million, 3.27 million, 2.1 million and 1.96 million respectively, down 15.2% year on year.

11.5%, 18.6%, 23.8% and 28.2%, with a slight year-on-year decline of 1.9% in China and overall stable development

The stability and development of the global automobile industry has made positive contributions.

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Many countries around the world regard the development of new energy vehicles as an important strategic measure to cope with climate change and optimize the energy structure.

From strategic planning, scientific and technological innovation, promotion and application to promote the development of new energy vehicle industry. Global new energy sources

The automobile market has entered a period of rapid growth, with the market scale increasing year by year, exceeding 1 million units for the first time in 2017 and 2018

Over 2 million vehicles. In 2020, in the context of the global automobile market slump, the development trend of the new energy vehicle market

The sales volume increased 41.6% year on year to 3.07 million units, and the penetration rate increased to 4.0%, up 1.6 compared with 2019

New energy vehicles inject new kinetic energy into the world economic development.


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In terms of the global new energy vehicle industry pattern, China, Europe, the United States and other countries and regions are major development forces.

China's new energy vehicle sales remain the world's largest, with a market share of 44.6 percent in 2020.  In tightening emissions regulations, increasing

New energy vehicle fiscal and tax incentives, accelerated industrial layout and other measures, the European new energy vehicle market shows a rapid increase

In the long run, It has become an important driving force for the growth of new energy vehicles around the world. In 2020, Germany will replace the United States to become the new global economy

Energy vehicles are the second largest market, accounting for 13.2%.  New energy vehicles in the United States tend to be stable under the influence of policy environment.

Compared with the market growth of other countries, the proportion of global sales has been declining in recent years and will only take up 10.9% in 2020.

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The annual sales volume of new energy vehicles in Germany reached 400,000 units, with a growth rate of 278.7%, and the growth rate in France and the United Kingdom

The figure more than doubled to 32.0 percent in Korea and 3.3 percent in the United States.


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In 2020, the global new energy vehicles will be dominated by pure electric vehicles, and the sales volume of pure electric and plug-in hybrid electric vehicles will be divided

The sales volume was 2.16 million and 890,000, accounting for 70.6 percent and 29.1 percent of the total sales volume, while the sales volume of fuel cell vehicles was 10,222.  Plug-in hybrid electric vehicles have an obvious upward trend, with a year-on-year growth of up to 73.9% in 2020 and a market share compared with 2019

That's an increase of 5.4 percent

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