In January, the sales of new energy logistics vehicles opened well: an increase of 92% year-on-year, Ruichi ranked second, who will be the sales champion?

At the beginning of 2022, the new energy logistics vehicle market will continue the hot trend of 2021 and maintain rapid growth. According to the statistics of tram resources, in January 2022, a total of 6329 new energy logistics vehicles were sold (including 799 cross-type passenger cars), an increase of 92% year-on-year, ushering in a "good start". From the perspective of corporate sales rankings, Ruichi New Energy, which has long dominated the list, ranked second, Geely Commercial Vehicle ranked third, and the first crown of the New Year unexpectedly fell by the side, which was taken away by Shanghai enterprises ranked 13th in the 2021 list. Who will it be?

SAIC-GM-Wuling took the top spot Ruichi/Geely ranked second and third

In January 2022, a total of 74 car companies sold sales (Note: calculated after the merger of enterprises). Among the 74 car companies, there are 5 with sales of more than 300 units, SAIC-GM-Wuling is the only company with sales of more than 600 units; there are 8 sales between 200 and 300 units, with a total sales volume of 2062 vehicles; a total of 8 sales between 100 and 200 units; there are 53 car companies with sales of less than 100 units, and the "off-season" characteristics of new energy logistics vehicle sales are still obvious.

The top 10 companies in terms of sales volume are: SAIC-GM-Wuling, Ruichi New Energy, Geely Commercial Vehicle, SAIC Maxus, Yutong Group, Changan Kaicheng, Foton Zhilan, Guangxi Automobile, Dongfeng Motor Co., Ltd., Xinyuan New Energy.

Specifically, SAIC-GM-Wuling ranked first with its sales of 604 new energy logistics vehicles, accounting for 9.5% of the total, and its sales increased by 387% year-on-year. In the statistics of the whole year of 2021, SAIC-GM-Wuling ranked 13th, and in the beginning of 2022, SAIC-GM-Wuling won the championship in one fell swoop, and the future performance is worth looking forward to.

Ruichi New Energy, which ranked second, saw a slight decline in sales compared with last year, with sales of 448 vehicles in January 2022, accounting for 7% of the market. However, from the data of previous years, Ruichi new energy is full of staying power, and in 2022, Ruichi EC35 third-generation products are blessed, and the latecomer advantage is obvious, and it should be able to quickly catch up and achieve a leading edge this year.

Geely Commercial Vehicles, which ranked third, performed more steadily, with sales of 393 new energy logistics vehicles in January 2022, up 64% year-on-year, and sales were mainly concentrated in Beijing. Geely Commercial Vehicle Remote also released two new products for forward development, the Remote Starbucks V5E and the StarShare V6E, which are full of ammunition in 2022 and are expected to reach a higher level of sales during the year.

SAIC Maxus and Yutong Group's sales volume "bites very tightly", SAIC Maxus leads Yutong Group with a slight advantage of 3 units, ranking fourth, and Yutong Group's sales account for 5% of the total. SAIC Maxus's sales are mainly concentrated in Shanghai, and the main war zone of Yutong Group is Henan.

In addition to the above 5 enterprises, changan Kaicheng, Foton Zhilan, Guangxi Automobile, Dongfeng Motor co., Ltd. and Xinyuan New Energy have entered the top ten camps. Among them, Changan Kaicheng sold 296 vehicles, the main war zone in Guangdong; Foton Zhilan sales increased by 84% year-on-year, sales mainly concentrated in Hebei; Guangxi Automobile, Dongfeng Motor co., Ltd. sold 265 vehicles and 262 vehicles respectively; Xinyuan new energy sales increased by 25% year-on-year, January sales of 256 vehicles, accounting for 4% of the city.

Contrarian market rise, subsidies decline, vehicle price increases and other negative impacts are not large?

Negative market information such as the decline of the national subsidy and the increase in product prices in January has become clear, casting a shadow on the market sales in 2022. Judging from the sales performance in January, the overall performance of the market can be described as a contrarian upward trend.

In January, the overall sales volume increased by 92% year-on-year, and among the TOP10 car companies, most of them achieved double-digit positive year-on-year sales growth, bringing great confidence to the industry. There are even views that prove that the above negative market factors will not have a negative impact on market sales in 2022.

Tram Resources believes that it is too early to draw this conclusion. From the perspective of market share, among the 74 companies with sales in January, the total sales volume of the top 3 new energy logistics vehicle companies was 1445 vehicles, accounting for 23% of the total; the total sales volume of top 10 new energy logistics vehicle companies was 3469 vehicles, accounting for 55% of the total sales; and the remaining 64 new energy logistics vehicle companies had a cumulative sales volume of 2861 vehicles.

That is to say, the number of new energy logistics vehicle companies with sales in January is quite large, but there are not many enterprises that have achieved the advantage of blossoming everywhere in the national market, and the market concentration of key enterprises has declined. In addition, January has been the off-season of the industry, the overall sales volume of the market is not high, and the annual planning and marketing strategies of most companies have not been implemented.

Tram resources agree that the industry maintains an optimistic attitude towards the market in 2022, the key is to do enough homework in terms of product strength and service capacity, cope with unfavorable factors such as price increases and subsidies, and promote the popularization and application of new energy logistics vehicles. After all, under the advocacy of the concept of environmental protection, green and environmentally friendly new energy logistics vehicles have gradually become the only choice for local governments and logistics companies to replace traditional fuel vehicles.

In terms of policy, the State Council issued the "14th Five-Year Plan" Modern Comprehensive Transportation System Development Plan, which requires cities with a population of more than one million (except in cold areas) to add or update the proportion of electric vehicles in ground buses, urban logistics and distribution, postal express, rental, official business, sanitation and other vehicles not less than 80%. Therefore, local governments have also taken active actions, and in early 2022, many places, including Nanjing, Ningxia, Shenzhen, Kaifeng, Tianjin and other places, have issued detailed rules on new energy vehicle parking fees, right of way, etc., to further accelerate the development speed of new energy vehicles in various cities.

In terms of the market, at present, the e-commerce express delivery industry is developing rapidly, and large urban logistics express delivery companies such as JD.com, Cainiao, SF, Yuantong, and China Post Group are gradually accelerating the replacement of new energy vehicles, purchasing or operating new energy logistics vehicles in bulk. Driven by the gradual acceleration of the layout of charging piles, the steady decline in battery costs, the overall quality of logistics vehicles, favorable policy conditions and chip supply and demand, the mainland new energy logistics vehicles have ushered in a better opportunity for development.

The Association believes that although affected by the decline in subsidies for new energy vehicles and the sharp rise in the prices of basic resources such as lithium ore, new energy vehicle companies are facing certain cost pressures. However, the market price of new energy vehicles is not expected to rise significantly, and car companies should have the ability to resolve the pressure, and new energy vehicles will continue to maintain rapid growth in 2022. As an important branch, new energy logistics vehicles may show explosive growth.

Remarks: The Yutong Group in this article includes Zhengzhou Yutong Group Co., Ltd., Zhengzhou Yutong Bus Co., Ltd.; Geely Commercial Vehicles includes Geely Sichuan Commercial Vehicle Co., Ltd., Shanxi New Energy Automobile Industry Co., Ltd., Shandong Tangjun Ouling Automobile Manufacturing Co., Ltd., Jiangxi Geely New Energy Commercial Vehicle Co., Ltd.; Dongfeng Motor Co., Ltd. includes Dongfeng Commercial Vehicle Co., Ltd., Dongfeng Motor Group Co., Ltd., Dongfeng Motor Co., Ltd.; Changan Kaicheng includes Baoding Changan Bus Manufacturing Co., Ltd. Hebei Changan Automobile Co., Ltd.