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As the latest sales data of major car companies surfaced this year, it was found that under the dual influence of the Spring Festival holiday and the epidemic, many new energy car companies halved in January this year, even models owned by new energy leading companies such as BYD and BAIC New Energy.

According to the latest data released by the China Automobile Association, in January 2020, the production and sales of new energy vehicles were only 40000 and 44000 respectively, down more than 50 per cent from the same period last year. And this is not only the seventh consecutive month of decline in new energy vehicle sales in China since July 2018, but also the second halving since the decline in July last year.

According to the ranking of new energy models in January this year, BAIC New Energy and BYD's models did not appear in the top three, but Roewe Ei5, BMW 5-Series PHEV and GAC NE's Aion S respectively won the top three places. Except for Aion S, which was not available in January last year and cannot query data, the other two models all achieved year-on-year growth. Among them, Roewe Ei5 sold a total of 3068 vehicles, up 2.3% year-on-year, while BMW 5-Series PHEV achieved a sharp increase of 3000 vehicles in the month.

BAIC's new energy EU series, which has remained at 7000-8000 since its retreat in July last year, soared to 22000 in December, but plummeted 1017 per cent in January from a month earlier, down 49.5 per cent from a year earlier. In addition to BAIC New Energy, models such as Baojun New Energy and Great Wall Euler, which were among the top sellers in 2019, also fell sharply, including 9000 Baojun New Energy sold last month, down 79.5% from January last year.

As a leading company of new energy vehicles in China, BYD has been in the forefront of sales of many new energy models for a long time. But in January this year, only one model entered the top 10 of the single new energy sales list. In January, the new Qin EV sold 1690 vehicles, ranking seventh on the monthly list.

It is worth noting that Volkswagen Passat, which fell sharply in the ranks of cars in January, has achieved a year-on-year rise in the field of new energy. Passat PHEV sold a total of 2217 vehicles in January, up 154 per cent from a year earlier.

Compared with the models of traditional car companies, in January this year, the performance of new power car companies is better than that of traditional car companies, but also better than the overall market performance of new energy vehicles. Among them, ES6 delivered a total of 1493 vehicles in January, down 49.59% from the previous month, and is still the single model with the highest sales among the new car-building forces. ES8 delivery was only 105, down 95% from a year earlier, from 1805 in the same period last year to 105 in January, mainly due to internal competition in the delivery of its own model ES6.

In the second place of the new power is the ideal ONE model, which debuted on the list this year, with cumulative sales of 1180 vehicles. Weima and Xiaopeng, among the top three of the new forces, have been left behind, of which the Weima EX5 is 1027, down 20.3% from the same period last year, and the Xiaopeng G3 is 630, up 5.2 vehicles from the same period last year. It is worth noting that the sales of the N01 are more stable than those of the new forces, with a cumulative total of more than a thousand vehicles. Although the car market suffered a decline in working days in January this year, resulting in a decline in sales of most car companies, the performance in February this year may be even less optimistic, and it is believed that more car companies will plummet. Among them, the impact on the new energy market, which has been in the doldrums, will also be even greater, and many car companies may also fall to double-digit sales.

However, in the face of the impact of the pneumonia epidemic infected by novel coronavirus, he Xiaopeng, CEO of Xiaopeng Automobile, said that 2020 will be a year with great challenges and opportunities. He expects a strong economic rebound in March, and life and work will basically return to normal in April, except in a few particularly serious areas.

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