AutoBeta(AutoBeta.net)02/19 Report--

A few days ago, the China Automobile Association announced the production and sales of new energy vehicles in China in January 2019. Data show that a total of 90700 new energy vehicles were produced in January, an increase of 113 percent over the same period last year, and a total of 95700 vehicles were sold, an increase of 138 percent over the same period last year. Of these, the production capacity and sales of pure electric vehicles were 67000 and 7.49 respectively, up 140 per cent and 1.8 per cent year-on-year, while the production capacity and sales of plug-in hybrid vehicles were 23700 and 20800 respectively, up 59.92 per cent and 54.55 per cent respectively.

Judging from the data, China's new energy vehicles are still in the ascendant, although some people still say "electric dads", but the acceptance of electric vehicles is on the rise. In contrast, in China's auto market in January, production capacity and sales volume completed 2.365 million and 2.367 million vehicles respectively, with production and sales down 4.7% and 11.1% respectively from the previous month, and 12.1% and 15.8% respectively from the same period last year. After comparison, it is not difficult to see that electric vehicles are becoming the preferred means of transportation for Chinese people, and fuel vehicles, despite their large base, are facing a declining crisis.

From the top 10 of domestic independent brands, we can also see that the quality of electric cars produced by Chinese brands means that sales are guaranteed. The top 10 companies in January sales of Chinese brand cars are SAIC, Geely, Changan, Dongfeng, Great Wall, BAIC, FAW, Guangzhou Automobile, Jianghuai and Chery. Most of the car companies on the list have electric vehicle production lines, which account for 83.17% of domestic self-brand sales.

It is understood that the number of electric cars in China has exceeded 1 million in 2018. Electric cars are booming with the encouragement of the state, and of course there are mixed car companies. The domestic car market in 2019 may become an active stage for electric vehicle enterprises.

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