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BYD announced in November that the gap between fuel vehicles and new energy vehicles widened again.

2024-09-08 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)12/08 Report--

The decline of the new energy market has hit many new energy vehicle companies differently, and BYD, as the leader of domestic new energy vehicles, has a more serious impact. A few days ago, BYD announced November sales of KuaiBao. BYD sold 41300 passenger cars in November, 11200 new energy vehicles and 30100 fuel vehicles. The gap between the sales of fuel vehicles and new energy vehicles is further widening.

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Specifically, BYD's new energy models fell 62.7% in November from a year earlier, while fuel vehicles increased by 43.8%. In the first 11 months of this year, BYD sold 418200 vehicles, down 7.28% from the same period last year. Among them, the cumulative sales of new energy vehicles were 216400, up 7.58% from the same period last year; the cumulative sales of traditional fuel vehicles were 249900, down 19.24% from the same period last year.

The cumulative increase in new energy sales is due to the continued popularity of new energy models under subsidies in the first half of this year, with an average monthly sales of 24000 units in the first half of this year. Since the subsidy declined in June, the entire new energy market has been affected. BYD's monthly sales of new energy vehicles began to decline month-on-month and double year-on-year, with sales data showing a trend of decreasing month by month, while sales of fuel vehicles increased month by month.

Since August this year, monthly sales of fuel vehicles have exceeded monthly sales of new energy for four consecutive months, and the gap between the two continues to widen.

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In terms of specific models, among the BYD dynasty series, the Tang family (including new energy vehicles and fuel vehicles) sold 3144 vehicles in November; the Song family (including new energy vehicles and fuel vehicles) sold 22956 vehicles; the Qin family (including new energy vehicles and fuel vehicles) sold 8859 vehicles; and the Yuan family (including new energy vehicles and fuel vehicles) sold 2412 vehicles.

Among them, the Song family has the highest sales, thanks to the blessing of Song Pro, the SUV model listed in June this year, and Song MAX, the MPV model, which has become the main sales force of the fuel version, of which Song PRO has the fuel version and the mixed version, which is still able to support more than 10,000 sales in the decline of new energy.

It is worth mentioning that the pure electric models in BYD's new energy models increased by 69.28% compared with the same period last year, with a total sales of 8000 units this month, of which the e-net series accounted for 30% of the sales, of which e2 helped the e-series contribute half of the sales after its launch.

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On the whole, in the current unfavorable environment of new energy, BYD's fuel models have more consumer choices than new energy models, but in Wang Chuanfu's view, this is not a good performance. after all, as the leader of domestic and global new energy vehicles, YD wants to have better performance in new energy vehicles. Otherwise, Wang Chuanfu would not have said, "further restrict the gradual realization of a total ban on the sale of traditional fuel vehicles, and firmly support the full electrification of new energy vehicles."

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