RedNet Moment News April 7 (Reporter Long Zhen) On April 3, BYD officially issued a statement, saying that according to its strategic development needs, it will stop the production of fuel vehicles from March 2022. This means that BYD has become the first car company in the world to officially stop production of fuel vehicles.
Mainland new energy vehicles ushered in rapid development
Behind BYD's announcement to stop producing fuel vehicles also reflects the rapid development of China's new energy vehicle market in recent years.
According to data from the China Automobile Association, domestic automobile production and sales in 2021 reached 26.082 million units and 26.275 million units, respectively, an increase of 3.4% and 3.8% year-on-year, respectively.
Among them, in 2021, the production and sales of new energy vehicles in the mainland reached 3.545 million units and 3.521 million units respectively, an increase of 1.6 times year-on-year, ranking first in the world for 7 consecutive years, and the market share reached 13.4%, which is equivalent to 1 out of every 8 cars sold is a new energy vehicle.
In addition, the export performance of new energy vehicles in the mainland is also quite prominent, with exports of 310,000 units in 2021, an increase of 3 times year-on-year.
In recent years, traditional car companies such as BYD and SAIC-GM-Wuling have accelerated the transformation of new energy tracks, while the development of new car-making forces such as Xiaopeng, Weilai and Ideal has been very rapid. In the TOP 15 models of New Energy Vehicle Sales in China in 2021, in addition to Tesla's Model 3 and Model Y, the rest are domestic independent brands, and this has been the norm in the past two years.
In addition, according to the current situation, the goal of "new energy vehicle sales reaching 20% of the total sales of new vehicles in 2025" previously formulated by the mainland in the "New Energy Vehicle Industry Development Plan (2021-2035)" may be completed ahead of schedule. In 2022, China's new energy vehicle sales are expected to exceed 5 million. In 2035, the sales volume of new energy vehicles is expected to account for more than 60%.
Timetable for each car company to stop production of fuel vehicles:
In addition to BYD, with the continuous expansion of the new energy vehicle market, many car companies around the world have issued a timetable for discontinuing fuel vehicles.
BAIC Group: Fully stop selling fuel vehicles in 2025
As early as 2018, BAIC Group announced that it expects to completely stop selling fuel vehicles by 2025, and plans to take the lead in completely stopping the sales of traditional fuel passenger cars of its own brands in Beijing by 2020.
Changan Automobile: Fully stop selling fuel vehicles in 2025
In October 2017, Changan Automobile announced the "Shangri-La Plan", which directly refers to the new energy vehicle market. According to the plan, Changan Automobile will invest more than 100 billion yuan in the new energy field in the next 8 years, and by 2025, it will completely stop selling traditional fuel vehicles.
Nissan Motor: Discontinue sales of fuel vehicles after 2025
Nissan announced plans to stop selling fuel vehicles by 2025 and will shift its R&D and sales to all-electric and hybrid models.
Mercedes-Benz: Discontinue sales of fuel vehicles in 2030
Mercedes-Benz EQS
In 2022, pure electric models will be provided for all market segments, and in 2025, the sales volume of pure electric and plug-in hybrid models will reach 50%, and each model will be launched in a pure electric version, and it is planned to achieve full electrification and only sell pure electric models by 2030.
Toyota Motor: In 2030, the sales of fuel vehicles will be stopped in China, Europe and North America; in 2035, the Lexus brand will stop selling fuel vehicles completely.
Volkswagen: Gasoline vehicles will stop selling in the European market in 2035.
Honda Motor: Discontinued fuel vehicles in 2040
Pure electric and fuel cell models will account for 40% of total vehicle sales in 2030, 80% in 2035, and 100% in 2040, and the production of fuel vehicles will be discontinued.
Hyundai Motor: Discontinued sales of fuel vehicles in 2040
In 2030, Hyundai expects its electric vehicle sales to reach 1.87 million units worldwide. By 2035, all Hyundai models on sale in Europe will be all pure electric models, while in 2040, Hyundai will sell only pure electric vehicles worldwide and stop selling fuel vehicles.
Ford Motor: Fully electrified vehicles by 2050
In 2026, the annual production of electric vehicles will exceed 2 million units, and it is expected that by 2030, electric vehicle sales will account for 50% of the company's total car sales, and it is planned to achieve full electrification of vehicles in 2050.
BMW Group: In 2030, it will deliver a total of 10 million pure electric vehicles
BMW i3
In 2022, the BMW Group's 15 pure electric models in mass production and trial production will cover about 90% of the market segment. By 2030, the BMW Group plans to deliver a total of 10 million pure electric vehicles to customers. At that time, the other three brands of the BMW Group will also be fully electrified: the Rolls-Royce brand will complete the electrification of all products; the BMW Motorrad urban mobility series will be fully electrified; and the MINI brand will also move towards full electrification from the early 2030s.