China Association of Passenger Vehicles predicts that the penetration rate of new energy vehicles can reach 22% this year

The reference news network reported on january 17 that the China Passenger Car Market Information Association recently released data that in December last year, the retail sales of China's passenger car market fell by 7.9% year-on-year, and increased by 15.9% month-on-month. Among them, the retail sales of new energy passenger cars increased by nearly 1.3 times year-on-year, an increase of more than 20% month-on-month. The Association of Passenger Vehicles and adjusted its previous forecast that the penetration rate of new energy vehicles in 2022 will be about 22%, and the penetration rate of new energy passenger vehicles can reach about 25%.

The WeChat public account of the Association of Automobile Associations said that the chip supply continued to improve, promoting the rise in production and sales in December last year, "With the arrival of the peak sales season, dealers in December last year significantly increased terminal discounts, sales enthusiasm increased rapidly, to achieve terminal retail strengthening." ”

Retail sales in the narrow passenger car market reached 2.105 million units in December last year, down 7.9% year-on-year and up 15.9% month-on-month, according to the Association of Passenger Vehicles. Cumulative retail sales for the full year of 2021 reached 20.146 million units, up 4.4% year-on-year.

Cui Dongshu, secretary general of the Association of Passenger Vehicles, said at the monthly production and marketing meeting that the overall growth of the automobile market in 2022 is relatively optimistic, and the annual retail sales of passenger cars are expected to increase by about 5% year-on-year.

As for the unfavorable factors affecting the sales of passenger cars in December last year, the Association said that the reason is still mainly the spread of the epidemic and the recurrence of the impact on the volume of stores. Secondly, the expenditure on the support of epidemic prevention and control in public finance has increased, and the support for promoting improved consumption is insufficient. In addition, the downward pressure of economic indicators, weak employment expectations and confidence, and the weak growth of terminal consumer demand have also slowed down the demand for low-end first-time models.

In terms of sales of new energy passenger cars, the retail sales of new energy passenger cars reached 475,000 units in December last year, an increase of 128.8% year-on-year and 25.4% month-on-month. In 2021, the retail sales of new energy vehicles were 2.989 million units, an increase of 169.1% year-on-year. The trend of new energy vehicles and traditional fuel vehicles has formed a strong differentiation characteristic, which proves the change of consumer demand through the market-oriented choice of users, and accelerates the pace of transformation to new energy in the automobile market.

The penetration rate of new energy passenger vehicles has continued to increase, with the domestic retail penetration rate of new energy vehicles being 22.6% in December last year and 14.8% in 2021, which is significantly higher than the penetration rate of 5.8% in 2020.

For the penetration rate of new energy passenger vehicles in 2022, the association raised the forecast of more than 20% last month to reach about 25%, "The original expectation of new energy passenger car sales in 2022 is 4.8 million, and should now be adjusted to more than 5.5 million." ”

The latest forecast of the Association also said that with the doubling of the scale of the new energy industry chain, the ability to reduce costs has increased, so it is expected that the increase in new energy vehicles at the end of 2022 will be very strong. In 2022, new energy vehicles are expected to exceed 6 million, and the penetration rate of new energy vehicles will reach about 22%.