AutoBeta(AutoBeta.net)05/14 Report--

Sales of new energy passenger cars in the narrow sense were 163000 in April, up 192.8% from a year earlier and down 12.0% from a month earlier, according to the Federation of passengers. Cumulative sales from January to April were 600000, an increase of 265.6 per cent over the same period last year.

With the diversified development of the new energy passenger car market in April, SAIC and Guangzhou Auto performed relatively well. Car companies with sales of more than 10,000 vehicles included SAIC GM Wuling 30602, Tesla China 25845, BYD 25450, SAIC 13004 passenger vehicles. New car-building forces such as Ulai, ideal, Xiaopeng, Hezhong and Zero also performed well.

As the leader of new energy vehicles, BAIC Langu has lost its elegant demeanor of that year. On May 14, BAIC Blue Valley released the latest figures, showing that sales in April 2021 were 1028, up 75.4% from 586 in the same period last year, and cumulative sales from January to April in 2021 were 4177, down 56.43% from 9585 in the same period last year.

In April, BAIC Blue Valley achieved growth several times this year, but in terms of cumulative sales, there is still room for a decline of 54.43%. The decline in sales led to a loss in performance. According to the financial report, BAIC Blue Valley's operating income in the first quarter of 2021 was 830 million yuan, down 50.19% from the same period last year. The net loss was 854 million yuan, compared with 431 million yuan in the same period last year.

At present, BAIC Langu has put almost all its development focus on the ARCFOX brand. For the smooth development of ARCFOX, BAIC Langu has raised 5.5 billion yuan for the research and development of high-end models of ARCFOX brand and the construction of sales network. According to BAIC's plan, the ARCFOX brand plans to open more than 60 stores and move into more than 40 cities this year.

After the launch of the first model, α T, in October last year, the second new car, α S, was jointly built by BAIC Langu and Huawei. It is the first production car equipped with Huawei's high-level self-driving ADS system, which has attracted a lot of attention and heated discussion in the industry. BAIC Langu has risen more than 38 per cent in the secondary market since the launch of ARCFOX α S on April 17th.

From the point of view of April sales, the listing of BAIC polar fox ARCFOX α S does not have much pulling effect on BAIC Blue Valley. BAIC New Energy sold 1012 vehicles in February, 1065 in March and 1028 in April, according to the data.

BAIC New Energy executives have previously said that the ARCFOX α S Huawei HI version is expected to be delivered by the end of the year, while the current delivery of ordinary models after the launch has not been officially disclosed. Judging from the production data, the delivery quantity of α S in the new phase should not be high, and production in April is still low, only 151 vehicles, or even less than 300 vehicles in March. In view of the persistently low production capacity, whether it is a chip supply problem or a lack of market expectations, perhaps only officials know.

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