The bar is on! Tesla China monthly delivery of more than 70,000 vehicles, BYD: I 90,000

Source of this article: Times Finance Author: Yang Delin

On January 11, the sales results of the national new energy passenger car market in 2021 were released. According to the Association of Passenger Vehicles, retail sales of new energy passenger cars in China increased by 169.1% year-on-year to 2.989 million units last year. Among them, retail sales in December reached 475,000 units, an increase of 128.8% year-on-year, and the domestic retail penetration rate of new energy vehicles reached 22.6% in the month.

Behind the doubling of sales of new energy passenger cars, new energy vehicle companies such as Tesla, BYD and SAIC-GM-Wuling can be described as "fairy fights". In December, for example, BYD sold 93,338 vehicles, Tesla China exceeded 70,000 vehicles, and SAIC-GM-Wuling sold 60,372 vehicles.

Specifically, Tesla's wholesale sales in China hit a record high in December, reaching 70,847 units, an increase of 197.6% year-on-year. Among them, domestic sales reached 70,602 vehicles, and the export volume was 245 vehicles, accounting for 0.35% of the total wholesale sales.

According to Tesla sales sources previously revealed to Times Finance, the first half of each quarter of Tesla China is basically for the export of vehicles scheduled, the export volume is generally high, domestic sales are low; and the second half of the quarter is mainly for the domestic market scheduling, domestic market sales will increase significantly. According to the data for the fourth quarter of 2021, Tesla China's domestic deliveries in October were about 13,700 units, and domestic sales in November were about 31,700 units.

Since last year, with the continuous improvement of production capacity, Shanghai Gigafactory has become one of Tesla's most important production bases in the world. According to official data, in 2021, tesla's Shanghai gigafactory deliveries reached 484,130 units, an increase of 235% year-on-year, accounting for 51.7% of Tesla's global deliveries (936,000 units). Among Tesla China's nearly 500,000 annual deliveries, export sales exceeded 160,000 units, in other words, more than 320,000 Tesla vehicles were purchased by domestic consumers, accounting for more than 30% of Tesla's global deliveries.

Tesla models Image source/network

In addition to Tesla, BYD is also quite strong. According to the data of the Federation of Passenger Vehicles, BYD's wholesale sales in December were 93,338 units, occupying the first position in the sales of new energy passenger cars in the month. Judging from the annual data, BYD sold a total of 603783 new energy vehicles in 2021, a year-on-year increase of 218.30%.

For the sharp increase in BYD's new energy vehicle sales in 2021, industry insiders believe that it has a lot to do with the technical blessings such as blade batteries, DM-i super hybrid and e-platform 3.0. It is reported that at present, BYD presents a pure electricity, plug-in mixed "two-legged walking" situation. According to the data, in December, the sales volume of high-end model Han EV exceeded 10,000, and the annual sales of the Han series reached 117665 in 2021; Qin PLUS DM-i and Song DM created sales of 17,286 and 15,120 vehicles respectively in December.

SAIC-GM-Wuling, on the other hand, won the third place in the new energy passenger car market in December with 60,372 units. It is reported that not long ago, the official announced that the cumulative sales of SAIC-GM-Wuling GSEV series models reached 750,000, and for every 2 small new energy vehicles sold in China, there was 1 GSEV, creating a global sales record for small new energy vehicles.

It is understood that the SAIC-GM-Wuling GSEV series includes Hongguang MINIEV, Wuling NanoEV, KiWiEV and other models, of which Hongguang MINIEV is the best-selling model. As of November 30, Wuling Hongguang MINIEV sold more than 500,000 units, ranking first in the total sales volume of a new energy model in China. According to the data, in December, Hongguang MINIEV sales reached 55,729 units.

In addition, last year's performance of the new car-making force camp was remarkable, and the delivery volume of "Wei Xiaoli" in December exceeded 10,000 vehicles, and the annual delivery volume also exceeded 90,000 vehicles.

According to the data, in December this year, The delivery volume of Xiaopeng Automobile was 16,000 units, 14,087 ideal cars, and 10,489 Weilai automobiles. From the perspective of annual data, Xiaopeng Automobile won the sales championship of new forces with 98,200 deliveries, of which the Xiaopeng P7 model delivered a total of 60,569 vehicles in 2021, accounting for 62% of Xiaopeng's annual delivery. Nio and Ideal ranked second and third with 91,400 units and 90,400 units, respectively. In addition, Nezha Automobile delivered 10,127 vehicles in December.

According to the analysis of the Association, last year, the trend of new energy vehicles and traditional fuel vehicles formed a strong differentiation, realizing the partial substitution effect of new energy vehicles on the fuel vehicle market, proving the change in consumer demand through the user's market-oriented choice, and driving the car market to accelerate the pace of transformation to new energy.

It is worth mentioning that in view of the further decline of new energy vehicle subsidies from January 1 this year, that is, the policy of 30% decline in the new energy vehicle subsidy standard in 2022 on the basis of 2021 has begun to be implemented, the current price of many models of car companies, including Tesla, Xiaopeng and other car companies, has risen to a certain extent, which has also triggered industry concerns about the trend of the new energy vehicle market this year.

In this regard, Cui Dongshu, secretary general of the Association, believes that with the implementation of new energy subsidies, the prices of some models have been fine-tuned, and the consumer mentality has also changed, and the demand for new energy vehicles will still be slightly affected. However, new energy vehicles continue to be hot, and there is currently a large backlog of undelivered orders in the early stage, so most of the sales of new energy models will not be significantly affected by the decline.

For the trend of the new energy vehicle market this year, the Association expects that the sales of new energy passenger vehicles in 2022 was expected to be 4.8 million, and should now be adjusted to more than 5.5 million, and the penetration rate of new energy passenger vehicles will reach about 25%. New energy vehicles are expected to exceed 6 million, and the penetration rate of new energy vehicles is about 22%.