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The market share of Chinese brand passenger cars continues to rise, and it is only a matter of time before the share exceeds half

According to the production and sales data released by the China Association of Automobile Manufacturers, from January to February 2022, a total of 1.637 million Chinese brand passenger cars were sold, an increase of 20.3% year-on-year, accounting for 44.6% of the total sales of passenger cars, and the market share increased by 2.2 percentage points over the same period last year.

Doesn't that mean that Chinese brands can do nothing? Is it bad? Why does the market share continue to increase?

The market share of Chinese brand passenger cars continues to rise, and it is only a matter of time before the share exceeds half

All along, especially in recent years, Chinese brands have made rapid progress, and the continuous increase in market share is no accident.

The market share of Chinese brand passenger cars continues to rise, and it is only a matter of time before the share exceeds half

Some people may say that although the growth rate of Chinese brands is high, it is concentrated in the low-end market. In fact, the average selling price of bicycles of many Chinese brands has now exceeded that of many joint venture brands.

According to data monitored by Wilson, a digital application service provider in the automotive industry, from January to July 2021, BYD's average selling price has reached 151,800 yuan, not only surpassing Volkswagen (147,800 yuan), but also widening the gap with Volkswagen.

The market share of Chinese brand passenger cars continues to rise, and it is only a matter of time before the share exceeds half

In the above table, in addition to Chery, the average bicycle price of Trumpchi, Haval, Roewe, Changan and Geely has increased significantly compared with 2020.

Yu Chengdong said that "Chinese brand products, design, experience in all aspects are not good", Dong Mingzhu said that "China's cars are a bit shoddy", in fact, exposed their lack of understanding of china's automotive industry.

In many fields, Chinese brands are already the world's advanced level

For example, Changan Automobile's Blue Whale NE1.5T engine has entered the world's first-class level.

The market share of Chinese brand passenger cars continues to rise, and it is only a matter of time before the share exceeds half

The Blue Whale NE1.5T liter reaches 92kW/L, and the Honda L15B8 and Ford GTDIQ75 are slightly inferior to it. In terms of liter torque, the Blue Whale NE1.5T is 21.43 Nm more than the Volkswagen EA211. Not only that, but the Blue Whale NE1.5T peak torque can burst out at 1500 rpm, which is comparable to the BMW B38A15C.

Looking at the hybrid system, BYD DM-i has surpassed the Toyota dual engine in fuel consumption and performance performance, and the price is more affordable.

The market share of Chinese brand passenger cars continues to rise, and it is only a matter of time before the share exceeds half

Not only BYD DM-i, but also great wall DHT, Changan Blue Whale iDD, Geely Lei Shenzhiqing, Trumpchi GMC 2.0 and other plug-in and mixing technologies have the strength to surpass the joint venture.

The market share of Chinese brand passenger cars continues to rise, and it is only a matter of time before the share exceeds half

GAC Trumpchi Shadow Leopard Hybrid Edition

In the hottest new energy vehicle track at present, among the top ten cars and SUVs sold in 2021, except for Tesla, the rest are Chinese brands.

In the case of temporary disadvantage at the brand level, China's local car companies can achieve such market performance, of course, in the field of new energy technology to comprehensively surpass the joint venture brand.

The market share of Chinese brand passenger cars continues to rise, and it is only a matter of time before the share exceeds half

In the top ten list of China's new energy vehicle sales in 2021, except for Tesla, the rest are all Local Chinese car brands.

Gaps are meant to be surpassed!

Needless to say, 20 years ago, China's local cars were indeed backward, and there was no design to design, and there was no technology to technology. But through years of efforts, Chinese car brands have been reborn, not only new energy, traditional fuel vehicles are also constantly bringing surprises to consumers.

Now it seems that it is only a matter of time before Chinese brand passenger cars account for more than half of the domestic market.

Of course, we also need to recognize the gaps. According to ifI Claims' list of the world's top 250 patent holders, "IFI 250: Largest Global Patent Holders", as of January 4, 2022, the car company with the largest number of patents is Toyota, ranking 22nd in the overall list, with 27288 patents; then Volkswagen at 35th, followed by Honda at 36th, Ford at 41st, GM at 45th...

The market share of Chinese brand passenger cars continues to rise, and it is only a matter of time before the share exceeds half
The market share of Chinese brand passenger cars continues to rise, and it is only a matter of time before the share exceeds half

At the top of the Chinese brand ranking is BYD, ranking 66th with 12246 patents; Geely ranks 83rd with 10148 patents; and the long arrangement is 161, with 5223 patents.

The market share of Chinese brand passenger cars continues to rise, and it is only a matter of time before the share exceeds half

Compared with the real strong, there is still a huge gap between China's local car brands, which cannot be denied, but the most important thing is that before we could not be on the list at all, now we are not only on the list, but also in many core technology areas, we have also achieved the opportunity.

Chinese have never been afraid of gaps, because gaps are always used to be surpassed!

Text | Li Jianbo

(This article is the author's personal opinion only and does not represent the position of DearAuto.) )

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Mr. Li Guoyong of Guangdong Green Law Firm

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