New energy passenger vehicles sold 73,000 units in April

Gasgoo Motor News On May 9th, the joint conference announced the sales of new energy passenger vehicles in April. According to the manufacturer's data from the Association, sales of new energy passenger vehicles reached 73,145 units in April, an increase of 150% year-on-year, and an increase of 31.3% from the previous month. In 2018, the sales of new energy passenger vehicles showed a strong growth momentum. Cui Dongshu, secretary-general of CUCH, stated that the new energy vehicles in the first four months of this year showed a strong opener feature, reflecting the gradual demonstration of market-oriented demand trends.

(Source: Cui Dongshu's personal WeChat account number of the CUCH Secretary General)

A00 pure electric car is still the main force

The year of 2018 is a crucial year for the development of new energy vehicles. Under the subsidy withdrawal mechanism, the transition period in the past half year is coming to an end. This also means that the new subsidy policy will be implemented in mid-June, when the vast majority of the market will Subsidies for entry-level electric vehicles will be substantially reduced or even eliminated. In this regard, most electric car dealers promoted the purchase of entry-level electric vehicles by encouraging them to purchase the last wave of benefits before the implementation of the subsidy New Deal, which to a certain extent also met the market situation of the Grade A00 pure electric vehicle.

From a data point of view, A00-grade pure electric vehicles sold 29,579 units in April, an increase of 87% year-on-year and a 7% increase from the previous quarter, accounting for 52.4% of the pure electric passenger car. It is still the largest market for pure electric passenger cars. At present, in the first four months of 2018, a total of 88,487 pure-electric A00 models have been sold, and the cumulative sales volume in the first four months of pure electric passenger vehicles is as high as 65%.

(Screenshot source: Cui Dongshu's personal WeChat account number of the CLUCC Secretary-General)

In the New Deal subsidy in 2018, the country’s subsidy for vehicles with lower cruising range decreased, and the subsidy standard for cars with more than 300 km increased. Affected by the policy, the sales volume of A00-class vehicles may change in the future to a certain degree, but in the long run, with A00 The decline in the cost of class vehicles also has a certain market potential. Wang Binggang, director of the Technical Committee of the Technology Innovation Strategic Alliance of the Electric Vehicle Industry, once told reporters: “Subsidies are not poverty alleviation. Subsidies are used to promote industrial development. Industries are pushed up, and subsidies are withdrawn sooner. This is good for its growth. Will think of ways to reduce costs as soon as possible, "Av-class car in fact, the current problem is not big, and now sales are getting better and better, through the cost estimate, it does not need to drive the mileage too high, so the current subsidies are set at 150 kilometers (Life Mileage) If the battery is less than 200 kilometers, the cost will not be too high, so it may have to be retired."

Plug-in mixed market strong growth

Compared to the high price of pure electric vehicles and the anxiety about cruising range, plug-in hybrid models may be more acceptable to consumers. According to the data of the Federation of Travel Unions, the plug-in hybrid model showed a strong characteristic in April, with sales reaching 16,677 units, an increase of 243% year-on-year and an increase of 13% compared with the previous period. Cui Dongshu said that plug-in hybrid vehicles have become the strongest type of power in January-April, 2018. From the data point of view, cumulative sales of plug-in hybrid vehicles in the first four months totaled 54058 units, an increase of 269% over the same period in 2017. . With the stricter emission regulations and the implementation of the double-integration policy, many car companies use plug-in hybrid vehicles as shortcuts to relieve pressure under the stimulation of negative fuel consumption. In the past Beijing auto show, a variety of plug-in hybrid models, including the lead-gear 01 PHEV, WEY P8, a new generation of BYD Tang DM, and Dongfeng scenery 580PHEV, were unveiled and received high attention from consumers.

(Screenshot source: Cui Dongshu's personal WeChat account number of the CLUCC Secretary-General)

Although from the current sales point of view, the recent increase in plug-in hybrid models than pure electric vehicles is due to the differential effect of the regional market, but the development of hybrid vehicles has become a consensus in the industry, Vice Chairman of the National People's Political Consultative Conference Wan Gang pointed out, China's internal combustion engine industry is facing the greatest pressure for transformation. The regulations in the future will be more stringent and the emission standards will be more stringent. He said that the combination of internal combustion engine and electrification will become the future direction. The form of hybrid power has a wide market, but it must be transformed and upgraded with new forms and new requirements, turning pressure into the driving force for industrial upgrading. Zhou Zhou, deputy general manager of China Automotive Engineering Research Institute Co., Ltd., also stated that hybrid power is an important transitional period from fuel vehicles to pure electric vehicles. Hybrid power is also an important technology path for global passenger car energy-saving technologies.

Beiqi EC Series won the championship in pure electricity sales

Relatively strong electric vehicles in April are mainly A0 electric vehicles.

In April, the top-selling electric vehicle sales and sales rankings, Beiqi EC Series won the championship with 7471 cars, an increase of 72%, but the chain fell 4%. BYD e5 ranked second with 4,294 cars, a year-on-year increase of 71% and an increase of 13%.

Zhidou D2 followed BYD e5 with 4,152 vehicles, a year-on-year increase of 12% and a 38% increase from the previous quarter. In April, Chery eQ performed well with sales of 3,799 units, a year-on-year growth rate of 262%.

Among these best-selling pure-electric models, the Jiangling E200 performed very well, with a year-on-year growth rate of 398%, mainly due to the low sales base for the same period in 2017.

BYD's plug-in hybrid models still dominate the domestic market

In fact, in the plug-in hybrid market in April, the strength of foreign brands was not too much. From the analysis of the data of the League of Legends, BYD Qin and BYD Song DM are still the mainstream in their own brands. According to Cui Dongshu's analysis, there are fewer domestic energy and new energy companies, and it is more difficult to master the technology. Therefore, it requires an independent system to master the technology. BYD is an excellent example of independently mastering technology. Although many companies also have the ability to develop new energy models, the parts and components system is dominated by foreign capital. Therefore, the development of plug-in and mixing is facing many complex technologies and industrial issues, but the future market potential is worth looking forward to.