Recently, the "February 2022 Automobile Retention Rate Report" released by the Automobile Dealers Chamber of Commerce of the All-China Federation of Industry and Commerce and the Car E Estimation shows that in the TOP5 of the plug-in hybrid retention rate ranking in February this year, BYD Qin PLUS, Han and Tang New Energy are listed, and the number of models on the list is the first, and Porsche, BMW and so on are in the same camp. It is reported that the "Automobile Retention Rate Report" is based on the professional analysis of indicators such as real data sources, AI intelligent data models, zero degree of market cognition fit, complex factor expert proofreading, and global analysis of impact factors, and is an industry-leading evaluation report. BYD's list of new energy plug-in hybrid retention rate in February shows its huge leading edge and strong technical strength in the field of plug-in hybrid.
Plug-in hybrid retention rate list TOP5, BYD models on the list of first
BYD is deeply involved in the field of plug-in hybrids and strongly leads the development of the industry
BYD launched the research and development of plug-in hybrid technology in 2004, and launched the world's first mass-produced plug-in dual-mode electric vehicle F3DM in 2008, kicking off the prelude to the transformation of new energy vehicles. From DM 1.0 technology to later DM 2.0 and 3.0 technology, BYD has been deeply engaged in the field of plug-in hybrid for 18 years. Last year, BYD launched DM-i super hybrid technology, playing the role of a disruptor of fuel vehicles. DM-i Super Hybrid, creating an electric-based hybrid technology, equipped with a highly secure blade battery, the world's most thermally efficient engine and an EHS electromix system, realizes a compact car with a 100-kilometer power loss fuel consumption of 3.8 liters, a fuelable and electric mileage of 1245 kilometers, and a zero hundred acceleration of 7.3 seconds. The driving experience of DM-i models is infinitely close to pure electric, and the silence, smoothness and operability are very good. In addition, DM-i models can enjoy green cards, purchase tax reductions, and double points, which can be at the same price point as traditional fuel vehicles of the same level. 2022 is a key year for new energy vehicles to take advantage of the momentum and accelerate development, with the breakthrough of core technology innovation in all aspects of plug-in hybrid in the mainland, there are more and more products on the market. On March 17, bydy DM-i hybrid sedan destroyer 05 was launched, launching two versions with a pure electric range of 55 km and 120 km; the upcoming Han DM-i has a pure electric endurance of more than 240 km and a fuelable electric endurance of up to 1300 km. Since the launch of DM-i super hybrid technology, BYD has accurately met the needs of the market, won the favor of consumers, and the market retention rate of products has continued to increase, setting an industry benchmark.
Han DM-i/DM-P has set four benchmarks for new energy flagships
The plug-in hybrid market has great potential and is ushering in a period of rapid growth
According to media reports, from January to February this year, the sales volume of plug-in hybrids in seven European countries (Germany, France, Britain, etc.) was 99,500 vehicles, accounting for 55.6% of the total sales of new energy vehicles; the sales of plug-in hybrids in the mainland were 160,000 vehicles, an increase of 2.5 times year-on-year, but accounted for only 21% of the total sales of new energy vehicles, about 35 percentage points lower than the proportion of the European market, and the market growth potential is huge. At present, more than 60% of China's families are car-free families, plug-in hybrid to achieve short-distance electricity, long-distance oil, so that the first family car can be oilable and electric. If pure electric focuses on solving the demand for additional purchases, then plug-in hybrid effectively solves the first purchase and replacement needs of more families, and will form a significant substitution effect on the huge stock fuel vehicle market. At the same time, plug-in hybrid is an important path to achieve the goal of double carbon, and the change is relatively mild, which is conducive to the stability of the industrial chain supply chain and the smooth transition from fuel vehicles to pure electric vehicles. According to the research report "Research and Judgment on the Development Status and Trend of Plug-in Hybrid Vehicles" recently released by the Society of Automotive Engineers of China, China's plug-in hybrid market has gradually transitioned to the consumption-driven stage, and the increase in consumer demand is prominent. From 2016 to 2021, China's plug-in hybrid vehicle market sales increased from 98,000 units to 603,000 units, and demand increased by 6.2 times. According to forecasts, in the next 5 to 15 years, the global plug-in hybrid vehicle market, especially the Chinese market, will enter a period of rapid growth.
Monthly sales of plug-in hybrid vehicles in Mainland China from March 2021 to February 2022
In the future, as more and more manufacturers launch plug-in hybrid models, the cake of plug-in hybrid will become bigger and bigger, continuously accelerating the replacement of traditional fuel vehicles, and helping the mainland achieve carbon peaking and carbon neutrality goals as soon as possible.