End the "three consecutive declines" In 2021, China's automobile production and sales will increase twice

End the "three consecutive declines" In 2021, China's automobile production and sales will increase twice

New energy vehicles sold more than 3.5 million units, ranking first in the world for seven consecutive years

China's auto industry has finally ushered in a bright report card. On January 12, the 2021 annual production and sales data released by the China Association of Automobile Manufacturers showed that China's automobile production and sales showed year-on-year growth in 2021, ending a three-year decline, of which new energy vehicles became the biggest highlight, with annual sales of more than 3.5 million vehicles and a market share increased to 13.4%. The relevant person in charge of the China Automobile Association predicts that the future operation trend of China's automobile industry will be good, and the sales volume of new energy vehicles will exceed 5 million in 2022.

On the same day, the Ministry of Industry and Information Technology said that it will increase its efforts to promote the development of new energy vehicles and strive to improve the stability and competitiveness of the industrial chain supply chain.

Sales of new energy vehicles ranked first in the world for seven consecutive years

According to the statistics of the China Automobile Association, in 2021, China's automobile production and sales were 26.082 million units and 26.275 million units, respectively, an increase of 3.4% and 3.8% year-on-year, ending the downward trend of three consecutive years since 2018. Among them, new energy vehicles sold 3.521 million units in 2021, an increase of nearly 160% year-on-year, ranking first in the world for seven consecutive years.

In terms of the main varieties of new energy vehicles, compared with the same period last year, the production and sales of pure electric and plug-in hybrid vehicles showed a high-speed growth momentum, and the market share of new energy vehicles increased to 13.4%. In terms of the performance of new energy vehicle companies, BYD and Ideal Automobile, which mainly sell new energy vehicles, have ranked 9th and 15th respectively in The sales of Chinese brand vehicles in 2021. The relevant person in charge of the China Automobile Association said that this phenomenon shows that China's new energy vehicle market has shifted from policy-driven to market-driven.

The rapid growth of production and sales of new energy vehicles has also driven the demand for core components of new energy vehicles such as power batteries. According to the statistics of the China Automobile Association, in 2021, the cumulative sales volume of china's power batteries reached 186.0GWh, an increase of 182.3% year-on-year. Among them, the cumulative sales of ternary batteries were 79.6GWh, an increase of 128.9% year-on-year; the cumulative sales of lithium iron phosphate batteries were 106.0GWh, an increase of 245.0% year-on-year.

The head battery company performed well, with the power battery vehicle installed in the Ningde era being 80.51GWh, accounting for 52.1% of the entire industry; BYD installing vehicles at 25.06GWh, accounting for 16.2%; and the newly renamed AVIC lithium battery installed vehicles was 9.05GWh, accounting for 5.9%.

The Ministry of Industry and Information Technology will increase its efforts to promote the development of new energy vehicles

According to the ACI of the China Automobile Industry Prosperity Index released by the China Automobile Association on the 12th, the operation of China's automobile industry in the fourth quarter of 2021 rebounded from the previous quarter, and the future operation trend of China's automobile industry is good.

According to the analysis of the China Automobile Association, throughout the four quarters of 2021, the ACI of China's automobile industry prosperity index was 80, 74, 9 and 28 respectively, showing that China's automobile industry showed rapid growth in the first quarter of 2021, the growth rate slowed down in the second quarter, the third quarter showed a sharp decline, and the fourth quarter began to show a warming trend.

"The production and sales of China's auto market are currently at the end of short-term adjustments, and will maintain a moderate growth trend in the future." Chen Shihua, deputy secretary-general of the China Automobile Association, said that although china's auto market fluctuated in 2018, throughout history, developed countries have also experienced fluctuations of 2 to 4 years in the stage of automobile popularization. From the perspective of long-term development, the current Chinese automobile market is still in the transition stage from the early stage of popularization to the late stage of popularization, and the sales of new cars have gradually shifted from the incremental market to the stock market.

According to the China Automobile Association, in 2022, China's new car sales will reach 27.5 million units, an increase of about 5% year-on-year. Among them, passenger car sales of 23 million units, an increase of 7% year-on-year; commercial vehicle sales of 4.5 million units, down 6% year-on-year; new energy vehicle sales will reach 5 million units, an increase of 42% year-on-year, the market penetration rate is expected to exceed 18%.

The Ministry of Industry and Information Technology said on January 12 that China's automobile industry has achieved new results and seen new atmosphere in the opening year of the "14th Five-Year Plan", and has taken solid steps in the construction of an automobile power. The next step will be to go all out to maintain the smooth and healthy operation of the automobile industry, increase efforts to promote the development of new energy vehicles and intelligent networked vehicles, and strive to improve the stability and competitiveness of the industrial chain supply chain.