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The international oil price has returned to the $100 mark, and there is 1 new energy vehicle for every 5 cars sold in China

The international oil price has returned to the $100 mark, and there is 1 new energy vehicle for every 5 cars sold in China

Recently, affected by the geopolitics of Russia and Ukraine, international crude oil prices have continued to climb, and brent crude oil futures prices have remained above $100 / barrel after setting a record of $139.10 / barrel since 2008. The persistently high price of crude oil has also driven the price of gasoline higher.

The latest policy issued by the National Development and Reform Commission, from 24:00 on March 17, the price of No. 92 gasoline was raised by 0.58 yuan / liter, the price of No. 95 gasoline was raised by 0.62 yuan / liter, and No. 95 gasoline entered the "9 yuan era". Many fuel vehicle owners bluntly said that they could not afford to refuel, and even appeared to queue up to refuel before the oil price increase policy took effect.

In the face of crazy oil prices, the travel cost of fuel vehicles has obviously increased a lot. So what about the domestic new energy vehicle market? Has sales increased significantly? With this question, the silver persimmon reporter helped everyone sort out the data of relevant new energy vehicles for your reference.

The international oil price has returned to the $100 mark, and there is 1 new energy vehicle for every 5 cars sold in China

2022 China's new energy vehicle sales opened well Source: Flush iFinD

According to data from Flush ifinD, mainland new energy vehicle sales in February were about 334,000 units, an increase of 184.3% year-on-year, and it is worth mentioning that the contribution of mainland new energy vehicle export growth also reached 52% in February. In addition, mainland new energy vehicle sales in January were about 431,000 units, up 140.8% year-on-year. In 2202, the sales volume of new energy vehicles in mainland China ushered in a good start.

In addition, with policy support and supply-driven, the mainland new energy vehicle industry chain has gradually matured, diversified new energy vehicle products continue to meet market demand, and new energy vehicles are expected to continue to maintain high growth beyond expectations this year.

So, what is the penetration rate of new energy vehicles?

The international oil price has returned to the $100 mark, and there is 1 new energy vehicle for every 5 cars sold in China

Source: Flush iFinD

The continuous rise in oil prices has caused a greater burden for fuel car owners, superimposed on the impact of the recent epidemic on some industries, the purchasing power of entry-level car consumers has been affected to a certain extent, and the economic type of new energy vehicles can just meet the needs of car buyers in the current situation.

According to iFinD data from Flush, the retail penetration rate of new energy vehicles in China in February has climbed sharply from 16.6% in January to 21.8%, and its speed of growth is staggering. According to the simple calculation, for every 5 cars sold in China, 1 of them is a new energy source. It seems that oil prices continue to rise, benefiting not only the oil and gas extraction industry, but also the field of new energy vehicles.

Under the wave of global new energy vehicle development, countries around the world are accelerating the footwork of vehicle electrification. Overall, China and Europe are currently in a leading position in the field of new energy vehicles.

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