New energy vehicle companies launched a "marathon" war| thinking life +

The production and sales of new energy vehicles in China have ranked first in the world for 6 consecutive years, and domestic brands have risen rapidly.

According to the list of vehicle sales released by the Association of Automobile Manufacturers, in November, the performance of new energy vehicles continued to be strong, with sales reaching 378,000 units, up 122.3% year-on-year; the cumulative sales volume from January to November was 2.514 million units, an increase of 178.3% year-on-year; by manufacturer-by-manufacturer sales ranking, BYD delivered 90,100 units, an increase of 247.8% year-on-year, ranking first, and the second was SAIC-GM-Wuling delivering 44,200 units, an increase of 18.5% year-on-year. In third place, Tesla China delivered 31,700 vehicles, an increase of 46.9% year-on-year.

Among the new forces of new energy car manufacturing, Xiaopeng Automobile delivered 15,600 units in November, an increase of 270% year-on-year; Ideal Automobile delivered 13,400 units, an increase of 190.2% year-on-year; Weilai delivered 10,800 vehicles, an increase of 105.6% year-on-year; zero-run total orders of 16,300 units, delivered 5,628 vehicles, and Nezha Automobile delivered the first 10,000 units, an increase of 372% year-on-year, all of which hit a single-month high.

From the financial report, in the third quarter of this year, Weilai's revenue was 9.8 billion yuan, an increase of 116.6% year-on-year and 16% month-on-month. The relevant person in charge of NIO said that in the first three quarters of this year, the cumulative delivery volume of NIO reached 66,300 vehicles, and the delivery guidelines in the fourth quarter were 23,500-25,500 vehicles.

Ideal Auto revealed in the third quarter earnings call that it is expected that by the end of 2023, the annual production capacity of Ideal Auto can reach 500,000 vehicles, and if two shifts of production are adopted, the total production capacity will reach nearly 700,000 units per year.

At present, the competition between the head car manufacturers is entering a new stage of large-scale competition, which will trigger a new round of market reshuffle, for which some industry insiders believe that car manufacturing is actually a marathon, which needs to compete with the physical strength and endurance of enterprises. Especially for those car companies that claim to be user-oriented enterprises, larger-scale mass production deliveries often mean the beginning of greater challenges. (Produced by Thinking Finance)■