Passenger Federation: Retail sales of new energy passenger vehicles reached 529,000 in August, a year-on-year increase of 111.2%

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Text / Li Ai Ai

On September 7, the Passenger Car Association released data showing that according to preliminary statistics, the retail sales of the passenger car market in August was 1.879 million, a year-on-year increase of 29% and an increase of 3% from the previous month. Among them, the wholesale volume of new energy passenger vehicles increased by 100% year-on-year.

The China Passenger Car Association said that the current policy has been very effective in boosting auto consumption confidence, so the retail sales of the auto market achieved a high year-on-year growth.

A reporter from China Securities Journal recently visited Hefei, Anhui, and found that with the continued strong downstream demand for new energy vehicles, many car companies and parts companies are busy in the production workshops, and they are all rushing to order.

JAC Weilai Hefei advanced manufacturing base workshop. Photo by reporter Li Ai Ai JAC Weilai Hefei advanced manufacturing base workshop. Photo by reporter Li Ai Ai

Wholesale volume of new energy passenger vehicles doubled year-on-year

According to preliminary statistics, the passenger car market retailed 1.879 million units in August, a year-on-year increase of 29% and an increase of 3% from the previous month. National passenger car manufacturers wholesaled 2.090 million vehicles, a year-on-year increase of 38% and a decrease of 2% from the previous month.

Source: Passenger Association Source: Passenger Association

The China Passenger Car Association said that in mid-to-late August, auto consumer confidence has been boosted through measures such as “policy promotion and guidance + manufacturers’ promotional incentives + dealers’ terminal discounts and lower inventory”.

Among them, the national new energy passenger vehicle market maintained a strong and good momentum in August. The Passenger Federation stated that considering that some of the main enterprises made up in August due to the production reduction factor in July, the proportion of main enterprises (more than 10,000 vehicles) will be slightly higher than that of the previous month. It is estimated that new energy passenger vehicles will be used in August. Wholesale sales of car manufacturers were 625,000 units, a month-on-month increase of 10% and a year-on-year increase of about 100%.

Source: Passenger Association Source: Passenger Association

The Passenger Federation said that although the state has introduced an incentive policy to halve the purchase tax of fuel vehicles, the marketization of new energy vehicles has a strong growth momentum, especially the current consumption promotion policies for new energy vehicles in various places, both in terms of subsidy amount and coverage. are not lower than gasoline vehicles.

On September 6, Henan Province’s special working meeting on stabilizing the economic market pointed out that it is necessary to accelerate the promotion of consumption recovery, further study and introduce policies and measures to support the consumption of new energy vehicles, and actively promote the electrification of vehicles in the public sector. Around the Mid-Autumn Festival, National Day and other festivals Organize various promotional activities to release consumption potential.

In addition, new energy vehicles with the same price range in Shandong and Jilin can receive higher subsidy amounts than fuel vehicles. Beijing and Shanghai have introduced trade-in subsidies only for new energy vehicles. “Therefore, the new energy vehicle market will continue to grow rapidly.” Passenger Federation said.

New models are released intensively, and car companies are at full speed to catch up with orders

Benefiting from the rapid growth of the new energy vehicle market, the production lines of car companies are also at full speed to catch up with orders. BYD said on the interactive platform on September 7 that due to the large number of orders, the delivery of vehicles is relatively slow, and the current waiting time is long. The company is actively arranging and deploying to accelerate the production capacity increase of related models.

“At present, the production of JAC Weilai Hefei Advanced Manufacturing Base is hot, and user orders are being rolled out in an orderly manner.” Gu Xiangli, head of JAC Weilai’s Hefei Advanced Manufacturing Base, told a reporter from China Securities Journal.

Gu Xiangli said: “Starting from June this year, the base’s final assembly workshop has gradually adopted a ‘double-shift system’ for production, relying on the base’s highly flexible OTD order manufacturing, and five models including ES7 and ET7 are continuously being produced from the base. Production is off the assembly line.”

According to the data from the Passenger Federation, a total of 13 new cars were launched in September, of which only 4 were joint venture brand products, and the remaining 9 were self-owned brand products; except for 1 mid-term remodeled product, the remaining 12 were brand new products; fuel vehicles There are 9 models and 4 new energy models; 4 are sedans, 7 are SUVs, and 2 are MPVs.

Source: Passenger Association Source: Passenger Association

On September 6, the AITO M5 EV, the first smart luxury pure electric SUV jointly designed by Celis and Huawei, was officially released.

In addition, the smart electric coupe NIO ET5 is expected to start delivery on September 30. With the successive deliveries of new models of new energy vehicles, sales of new energy vehicles are expected to continue to rise in the second half of the year.

A few days ago, the China Passenger Car Association raised its forecast for the annual sales of new energy passenger vehicles to 6 million. Everbright Securities said that it continues to be optimistic about the rising trend of new energy vehicle sales driven by the two-way optimization of supply and demand driven by favorable policies.

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