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2024-09-08 Update From: AutoBeta autobeta NAV: AutoBeta > News >
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AutoBeta(AutoBeta.net)06/11 Report--
According to the latest retail data released by the Federation of passengers, sales in the domestic narrow passenger car market in May 2022 were 1.354 million, down 16.9 percent from the same period last year, up 29.7 percent from the previous year, of which 360000 were new energy passenger vehicles, up 91.2 percent from the same period last year and 27.3 percent from the previous year.
According to the concerned statistics of the automobile industry, in May 2022, the top three new energy vehicle companies were BYD, SAIC GM Wuling and GAC Eian, with sales of 113768, 31894 and 21056 respectively. Among them, BYD is the only new energy vehicle company with a retail volume of more than 100000 vehicles, with a market share of 31.6%. According to statistics, in May, a total of 11 new energy vehicle companies sold more than 10,000 vehicles. In addition to the above three, they also included Chery Automobile, Geely Automobile, Changan Automobile, ideal Automobile, Great Wall Automobile, Nahan Automobile, Xiaopeng Automobile, and Zero Motor. Four of them are new car-making enterprises. As for the joint venture brand, only FAW-Volkswagen appears on the list and performs better in the joint venture brand. In addition, as Huawei's key car brand, Cyrus entered the top 15 for the first time, with retail sales of 5615 vehicles in May.
Riding on the "east wind" of new energy vehicles, BYD has once again become the top seller. Data show that in May, BYD retail 113768 new energy vehicles, including 23934 in Han, 31989 in Song and 20753 in Qin, breaking the 20, 000 mark one after another. In addition, there were 11500 yuan PLUS, 8412 Tang, 6411 dolphins and 4558 destroyers. At the Guangdong-Hong Kong-Macau Greater Bay Area auto show held not long ago, we can find that its booth is packed with spectators, and the attention of the automobile industry learned after consultation that at present, many BYD models need to wait for 2-3 months, which shows the degree of hot sales of BYD in the same level of products.
At the shareholders' meeting in 2021, Wang Chuanfu, chairman of BYD, said that the process of electrification is accelerating, and it depends on who has more resources, a better supply chain and a greater product advantage, who can win a bigger market. Now it is not the big fish that eat the small fish, but the fast fish eat the slow fish, only in the fast process can you overtake. On June 10th, BYD's market capitalization exceeded trillion yuan, reaching 1.02 trillion yuan, surpassing Volkswagen to become the third car company in the world by market capitalization.
As the epidemic spread in April, the Tesla super factory in Shanghai became one of the most affected car companies, not only unable to meet the domestic market, but also unable to deliver orders in overseas markets on time. Still, since mid-late April, Tesla's production situation has improved a little. According to the FIFA data, Tesla's wholesale sales volume in China in May was 32165 vehicles, of which 22340 were exported and 9825 were delivered domestically, including 5875 for Model Y retail and 3950 for Model 3 retail. Tesla's delivery volume in the domestic market is expected to increase significantly in June.
Affected by the epidemic, vehicle parts supply problems have been affected, resulting in repeated delays in vehicle delivery. According to the latest news on Tesla's Chinese website, the delivery time of the Model 3 rear wheel drive version is expected to be 10-24 weeks, while that of the high-performance version is 16-20 weeks. The delivery time of Model Y rear wheel drive version is still 10-14 weeks as shown a few months ago. In addition, Tesla is expected to produce about 120000 electric cars in the second quarter, down at least 30 per cent from the first quarter.
After a sharp fall in April, the new forces of car building also ushered in a rebound. Judging from the ranking of the auto industry concerned about statistics, a number of new power car companies bottomed out and rebounded in May and returned to the class of 10,000 vehicles, of which the highest ideal car sales were 11496, which accounted for 11009 cars, 10125 for Xiaopeng cars, and 10069 for zero-running cars. Only the number of Lulai cars was less than 10,000, which was 7024. In terms of total sales, Xiaopeng was the highest, followed by Nashi car, ideal car and zero-running car. Ulay was still at the bottom, with only 7024 vehicles.
It is worth mentioning that as Huawei's key car brand, Cyrus made it into the top 15 for the first time. The data show that Cyrus sold 5651 vehicles in May, with the main models being the Cyrus SF5 and the M5, of which 5033 are retail. As a model built by Huawei, Yu Chengdong is so optimistic about the M5 that he has set a target of selling 300000 cars a year and plans to use 1, 000 stores to sell cars by the end of the year. Yu Chengdong is also frank that at present, Huawei's brand marketing ability, retail channel ability, and product competitiveness can support the sales target of 300000 units, but considering that the products have just climbed the slope, there are huge risks in the supply chain, serious shortage in the industry and other problems should not be underestimated, 300000 units still have a lot of challenges. Huawei's goal in entering the auto industry is to be first, because no one will remember the second, Wu Pei, a veteran auto blogger, said in an interview.
While the passenger car market is under great pressure, the new energy vehicle market is growing strongly. From the general direction, BYD's discontinued production of fuel cars does represent the inevitable trend of the transformation of the automobile industry, and represents that the products have entered a new period of development. This transformation is in line with BYD's consistent strategic thinking and historical accumulation, but it does not mean that all car companies can meet this requirement. According to incomplete statistics of public reports, at least 13 car brands around the world have clearly announced the time to stop production or sales of fuel vehicles, including Jaguar Land Rover, Haima Motors and Audi. In addition, FAW, SAIC, Geely and other traditional car companies have not clearly stated the specific time of stopping the production of fuel vehicles, but most of them take 2025 as the time node as the key moment of electric transformation. For the current market, although new energy vehicles to replace fuel vehicles is an inevitable trend, but the current market is still dominated by fuel vehicles, the two are not the relationship between growth and decline, but a gradual process.
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