In February, the wholesale sales of the car company TOP10: Tesla won the runner-up and Geely surpassed Chery to become the fourth.

Published: Mar 10, 2022 17:13
[car company wholesale sales TOP10: Tesla won the runner-up and Geely surpassed Chery in fourth place in February.] due to factors such as the Spring Festival holiday, February has always been a traditional off-season for car sales, and this year is no exception. In February, BYD still took the top spot with sales of 87473 vehicles, down 6% from the previous month. Tesla China ranked second with 56515 vehicles, while SAIC GM Wuling sold 26046 vehicles, down 34.9% from the previous month to third place.

Due to the influence of factors such as the Spring Festival holiday, February has always been a traditional off-season for car sales, and this year is no exception. In February, BYD still took the top spot with sales of 87473 vehicles, down 6% from the previous month. Tesla China ranked second with 56515 vehicles, while SAIC GM Wuling sold 26046 vehicles, down 34.9% from the previous month to third place.

According to data from the car Federation, wholesale sales of new energy passenger vehicles reached 317000 in February (245000 pure electric vehicles and 72000 plug-in hybrid vehicles), up 189.1% from the same period last year, down 24.1% from the previous year, and the month-on-month decline was less than in previous years. Retail sales of new energy passenger cars reached 272000 in February, up 180.5% from a year earlier, down 22.6% from the previous month, which was less than the trend in February.

The domestic retail penetration rate of new energy vehicles in February was 21.8%, up 13 percentage points from 8.1% in February 2021. In February, the penetration rate of new energy vehicles in independent brands was 41.9%; that of luxury cars was 17.4%; and that of new energy vehicles in mainstream joint venture brands was only 3.5%.

In February, the sales of high-end electric vehicles increased strongly, and the trend at the middle and low end was also strong. The dumbbell structure of the pure electric market improved, of which the A00 class wholesale sales were 68000, accounting for 28% of the pure electric; the A0 wholesale sales were 33000, accounting for 14% of the pure electric; the A-class electric vehicles accounted for 23% of the pure electric vehicles, and the B-class electric vehicles accounted for 85000 pure electric vehicles, down 15% from the previous month, accounting for 35% of the pure electric share.

Among the new energy passenger car companies TOP10, sales of 10 car companies all declined month-on-month, sales of Great Wall Motor and Chery Motor halved, GAC-EA sales fell 46.8% from the previous month, SAIC GM Wuling, SAIC passenger cars, ideal and Nezha sales dropped by more than 30% month-on-month, and sales of BYD and Tesla fell 6% and 5.6% month-on-month.

Specifically, BYD sold 87473 vehicles in February (of which 804 were exported), up 33.5% from a year earlier. Han sold 9290 BYD flagship sedans in February, up 118.1 per cent from a year earlier.

The Song family sold 24634 vehicles, while Song EV grew by 5866.1%. Qin family sales of 24503 vehicles, Qin plus EV month-on-month growth of 16.6%. Sales of the Yuan family were 8953, up 238% from a year earlier.

As the first 3.0 model of BYD's e platform, BYD Dolphin sold 8565 vehicles in February, winning the championship. In March, BYD will launch two more blockbuster models, the Song MAX DM-i and the Destroyer 05. It is conceivable that BYD's sales will hit a new high.

According to the federation, Tesla sold 56515 domestic cars in February, down 5.56% from the previous month, ranking second. Among them, 33315 are exported and 23200 are sold domestically. Compared with 18318 vehicles sold in February last year, Tesla's sales in China rose 208.5 per cent in February from a year earlier, much higher than market expectations.

In February, SAIC GM Wuling sold 26046 vehicles (car association data), down 34.9% from the previous month, ranking third. Affected by the shortage of chips and the rising price of raw materials for power batteries, Hongguang MINIEV has not raised its price or suspended orders, but another mini electric car, Wuling Nano EV, has announced an increase of 3000 yuan in official guidance price.

At this stage, the problem facing SAIC GM Wuling is how to mitigate the impact of rising prices of chips and raw materials on its mini electric vehicles. In addition, the key to get rid of the current "low-end dilemma" is how to upgrade the future products into a higher-level track, how to improve the bicycle profit margin and how to improve the brand image.

Geely, which ranked fourth, sold 14285 vehicles (of which 588 were exported) in February, down 16.1 per cent from the previous month. Geely sold 14501 cars, with a penetration rate of 18.5 per cent, according to official figures. Among them, the recent performance of geometry brands is eye-catching. After breaking 10,000 in January, it reached 7705 vehicles again in February, accounting for the majority. Polar krypton delivery volume reached 2916 in February, the cumulative delivery has been more than 10,000, a total of 12453. Ruilan, which focuses on the power-changing travel market, sold 1618 cars in February. With the launch of Maple Leaf 60S, the first electric car under the GBRC platform, its sales will rise steadily in the future, which is expected to become a new breakthrough for Geely in the new energy market.

Chery, which ranked fifth, sold 10271 vehicles in February, down 51.5 per cent from the previous month. Chery's official sales figures have not yet been released, but we expect that Chery's QQ ice cream sales should have surpassed that of Little Ant.

In February, SAIC passenger cars sold 9184 new energy vehicles (of which 4325 were exported), a year-on-year increase of 67.5%, ranking sixth. In the European high-energy market where other Chinese brands are scrambling to start their layout, the new energy sales of Shanghai passenger cars have achieved good results. In January, the sales of new energy terminals in continental Europe reached 2397, and the plug-in hybrid SUV model MG eHS continued to maintain a good momentum, selling 1455 units.

This year Roewe pure electric high-end MPV model iMAX8 BEV, MG users to create the first pure electric sports car Cyberster may be mass production on the market.

GAC Ean sold 8526 vehicles in February, down 46.8% from the previous month, up 162.8% from a year earlier, ranking seventh. The reason for the month-on-month decline is the Spring Festival holiday in February, which belongs to the off-season of sales; second, according to the company's official account, under the background of lack of cores in 2021, the peak utilization rate of Ean capacity once exceeded 160%, and the supply was obviously insufficient.

GAC Ean has a number of new cars on the market in 2022, including the appearance and configuration upgrade of the 2022 Aion S PLUS, which will be launched on January 1 and, AION LX PLUS on January 5. The new car is equipped with three lidar and sponge silicon anode batteries, the range will reach 1008km, and the power of the new car products will be greatly improved. In the future, the AION Y version, the AION V 7-seat version, the AION S lithium iron phosphate version and the AION V PLUS 6C version are expected to be available one after another in 2022. With the launch of a number of new cars, we expect GAC's Aian sales to continue to grow high.

Car-building new power ideal and Nezha ranked eighth and ninth respectively.

The Great Wall Euler brand, which ranked 10th, sold 6261 vehicles in February, of which 4066 Euler cats sold, down 54.6 per cent from the previous month. Affected by the shortage of chips and the rising price of raw materials for power batteries, Euler has suspended the sale of black and white cats in order to stop the loss. In order not to affect sales, the Great Wall will launch a number of new cars.

Starting from March 1, 2022 Ola good cats will be ordered at a price of 121900-151900 yuan, using a customized model to meet the more diverse needs of users. In 2022, Euler ballet cat, Euler lightning cat, Euler punk cat and other products will be on the market one after another. In addition, on March 1, Mocha DHT-PHEV officially launched two models with a price range of 295000-315000 yuan, opening up a new category of "0 anxiety smart electric" and entering China's high-end new energy market.

Write at the end: in February, the traditional car companies led by BYD, Geely and Chery performed relatively well, growing by 5-7 times year-on-year in February last year, and there were 5 enterprises with wholesale sales exceeding 10,000 vehicles, an increase of 2 over the same period. The sales volume of the new car-building forces represented by "Wei Xiaoli" performed better than the same period last year, especially the month-on-month decline of ideal, Nezha and Xiaopeng was relatively small, and zero running soared 10 times compared with the same period last year.

For the sales of new energy vehicles in March, the car Federation is not expected to be significantly affected by the decline. The reason is that with the decline of new energy subsidies and the rise in raw material prices, the early price fine-tuning of some models has brought a brief downturn in orders, the price acceptance of new energy vehicles has returned after the Spring Festival, and there is still a backlog of outstanding orders for many new energy vehicles. This means that car sales will gradually pick up from March.

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