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2024-09-08 Update From: AutoBeta autobeta NAV: AutoBeta > News >
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AutoBeta(AutoBeta.net)12/08 Report--
The latest figures released by the Federation of passengers on December 8 showed that the retail volume of the narrow passenger car market in November 2020 was 2.081 million, up 8.0% from the same period last year; the cumulative retail sales of narrow passenger cars in the first 11 months of 2020 was 17.002 million, down 8.3% from the same period last year.
Continuing the growth trend in October, sales of new energy vehicles exceeded 100% in November. According to the statistics of the Federation of passengers, the retail volume of new energy vehicles in November was 169000, an increase of 136.5% over the same period last year. As of November, the cumulative retail volume of domestic new energy vehicles reached 903000, an increase of 2.7% over the same period last year.
The new energy passenger car market showed diversified development in November. The top three car companies in retail volume were SAIC GM Wuling, BYD and Tesla China, with sales of 36070, 26015 and 21604 respectively, accounting for 46.5 per cent of the total.
Previously, Tesla's Model 3 model sold in China continued to top the new energy list, with sales rising since Wuling launched the Hongguang MINI, including 15000 in August and 20150 in September, far surpassing Tesla.
It is understood that the retail volume of Wuling Hongguang MINI in November was 33094 and that of Tesla Model 3 was 21604. Although Wuling Hongguang MINI sells more than 30, 000 vehicles a month, as a miniature walking electric vehicle priced at 20, 000 yuan, it makes little contribution to SAIC GM Wuling's profits.
Compared with the Wuling Hongguang MINI, Tesla's sales hit a new high in November. The retail volume of Tesla's Model 3 reached 21604 in November, exceeding 20, 000 for the first time. In fact, it is not surprising that the retail sales of Model 3 exceeded 20, 000 in November. It cut the price of domestic Model 3 models on October 1, and the entry-level model finally dropped to less than 250000 yuan. After the price cut was announced in October, orders for the domestic Model 3 soared, while the delivery cycle for new cars was about 1-4 weeks, resulting in some October orders not being delivered until November.
At present, Tesla's main domestic competitors are Xiaopeng P7 and Biadihan. Figures show that the Xiaopeng P7 delivered 2732 vehicles in November, compared with 7482 for the BYD EV. Although the delivery volume of the two models has set new highs one after another, there is still a certain distance compared with Tesla Model 3.
The Federation said that the new momentum of new energy vehicles in 2020 has been reflected, and the high-end Tesla and Hongguang MINI of mini electric vehicles have become the core forces driving market growth, and their core is to accelerate cost reduction and meet more consumer demand, which is the key driving factor for the sustainable development of the industry.
In addition, the sales of new car companies such as NIO, ideal, Weima, Xiaopeng, Hezhong and Zero run are all good, and some of them are the best in history. According to official figures, the delivery volume of Xilai cars in November was 5291, Xiaopeng Weimar increased by 342% and 174.6% respectively, while ideal car won 4646 with an ideal ONE model.
In recent years, new energy vehicles have indeed developed rapidly under the leadership of national policy, and the growth of new energy vehicle sales also reflects consumers' gradual recognition of new energy vehicles, but the new energy vehicle market is still full of uncertainty. Due to the influence of COVID-19 's epidemic, many new energy vehicle brands declined significantly in the first half of the year. After the state extended the new energy subsidy policy and exempted the purchase tax, the sales of new energy vehicles continued to pick up and became a regular employee smoothly in November. Imagine, if this loose market environment no longer exists, then what will be the development of new energy vehicles?
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