Which of the new energy car companies is strong? A Survey of New Energy vehicle sales data of mainstream Automobile companies in the first quarter

According to the China Automobile Association, the production and sales of new energy vehicles in China completed 1.293 million and 1.257 million respectively in the first quarter of 2022, an increase of 1.4 times over the same period last year. Among them, the production and sales of pure electric vehicles completed 1.036 million and 1.007 million respectively, an increase of 1.3 times over the same period last year, while the production and sales of plug-in hybrid vehicles completed 256000 and 249000 respectively, an increase of 2.3 times and 2.0 times respectively.

In recent years, China's new energy vehicles have set new production and sales records again and again, and the sales of new energy vehicles in the first quarter of this year have exceeded the total sales of new energy vehicles in 2019. According to data released by the Ministry of Public Security, in the first quarter, 1.11 million new energy vehicles were newly registered in China, accounting for 16.91 percent of the total number of newly registered vehicles, an increase of 644000 over the same period last year, an increase of 138.20 percent, showing a trend of rapid growth.

China leads the global market for new energy vehicles

By the end of the first quarter of this year, China had promoted a total of 10.334 million new energy vehicles, and its global market share has risen to a new high of 65 percent, according to a report released on April 11. "exceed expectations" has become synonymous with the sales of new energy vehicles, the market continues to improve, but also let the major car companies at home and abroad continue to strengthen their confidence in electrification and speed up the pace of electrification.

According to the incomplete statistics of Battery Network, the sales of new energy vehicles in most domestic car companies are growing at a high speed in the first quarter. Among them, the sales of new energy vehicles of BYD and Geely have increased by more than four times; the sales of Nashi cars and zero-running cars as two new car-making forces have grown by more than three times; and Dongfeng Motor, Chery Automobile, and well-off shares as traditional car companies, the growth rate of new energy vehicles has also exceeded twice as fast.

From the point of view of specific car companies, there were three companies that exceeded 100,000 sales in the first quarter. Among them, BYD, as the domestic "leader" of new energy vehicles, sold more than 100000 vehicles in March and 286329 in the first quarter, an increase of 421.5% over the same period last year, close to Tesla's global sales. SAIC Group, relying on joint ventures such as SAIC-Volkswagen, SAIC-GM Wuling and other new energy vehicle brands, sold 192102 vehicles in the first quarter, an increase of 27.73% over the same period last year. Tesla's sales in China still maintained steady growth, reaching 108300 vehicles in the first quarter, up 56.3 per cent from the same period last year.

In addition, among the new forces of car-building, the growth rate of Nahu cars and zero-running cars is undoubtedly particularly eye-catching, among which the first-quarter sales of Nahu cars even surpassed that of Xilai cars, with sales reaching 30152 units in the first quarter, an increase of 305.1% over the same period last year. It is understood that in terms of capital, Zero Motor has submitted a prospectus on the Hong Kong Stock Exchange with a view to listing in Hong Kong stocks. Naha Motor will also be listed in Hong Kong at an appropriate time.

The sales volume of new energy in multinational automobile enterprises has increased significantly.

In addition to domestic car companies, foreign car companies are also speeding up the pace of electrification around the world. Traditional luxury car companies led by Mercedes-Benz and BMW have achieved good growth in the field of new energy.

On April 6th Volvo announced first-quarter sales. Volvo's cumulative sales in the first quarter reached 148000, down 20.1 per cent from a year earlier, of which about 50, 000 electric models were sold, up 6.9 per cent from a year earlier.

On April 7th, Mercedes-Benz announced global sales of new energy vehicles in the first quarter. Driven by EQA, EQS and EQC, Mercedes sold 21900 pure electric vehicles in the first quarter, up 210 per cent from a year earlier, while plug-in hybrid sales also set a new record of 45900, up 8 per cent from a year earlier.

On April 8th, BMW Group also disclosed global sales of new energy vehicles in the first quarter, delivering a total of 35289 pure electric vehicles (BMW and MINI) worldwide, an increase of 149.2% over the same period last year, with sales in China tripling that of the same period last year.

On April 14, Ford Motor (China) Co., Ltd. announced that it sold nearly 125000 cars in China in the first quarter, down 18.8% from the same period last year. Among them, Ford China electric vehicles delivered a total of 969 Ford Mustang Mach-E to customers in March, steadily climbing the hill and delivering new cars in six weeks at the earliest.

In addition, among the new car products of foreign car companies in the first quarter, the number of new energy vehicles put in is much higher than that of traditional fuel vehicles, which still occupy the mainstream of the market. It can also be seen from the launch that the focus of the global automobile market is accelerating towards the new energy vehicle market, and the recognition of new energy vehicles in various countries is also increasing.

Many automobile companies spend a lot of money to promote the transformation of electrification.

With the increasing status of new energy vehicles, automobile companies all over the world are increasing investment and speeding up the layout of the electric market. On April 3, BYD announced that it would stop the production of fuel-fueled vehicles and focus on pure electric and plug-in hybrid vehicles in the future, which was the first shot for traditional car companies to completely transform into new energy.

It is reported that Changan Automobile plans to sell 1.05 million new energy vehicles by 2025, accounting for 35 percent; by 2030, the sales of new energy vehicles will reach 2.7 million, accounting for 60 percent, and the capital will invest more than 80 billion yuan by 2025.

Great Wall plans to achieve annual global sales of 4 million vehicles by 2025, 80 per cent of which are new energy vehicles. In 2023, the new energy brand Euler ranks first in the new energy market segment, with global sales exceeding 1 million; Wei Brand will be fully new energy in 2022; and in the next five years, the cumulative R & D investment will reach 100 billion yuan.

BMW plans to deliver about 10 million pure electric vehicles worldwide by 2030, while the MINI and Rolls-Royce brands will move towards full electrification around 2030.

Mercedes-Benz plans to increase the proportion of plug-in hybrid and all-electric models to 50% by 2025. By 2030, Mercedes-Benz plans to be fully electric in a market where conditions permit, and plans with partners to build eight battery plants around the world by 2030 to meet 200GWh battery capacity.

In the investment planned by Volkswagen Group for 2022-2026, the visible investment and development costs of electrification increased by about 50% over the previous plan, to 52 billion euros. By 2030, the company plans that one out of every two cars sold worldwide will be pure electric.

Honda plans to launch 30 models of electric vehicles worldwide from light commercial to flagship by 2030, with an annual production capacity of more than 2 million vehicles. To complete the above plan, it is planned to invest 8 trillion yen ($64 billion) in research and development over the next 10 years, including about 5 trillion yen ($40 billion) in electrification and software to speed up the electrification process.

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Multiple unfavorable factors perplexing the development of new energy vehicles

"Raw materials, especially battery raw materials, have risen too much this year, and they have not seen a downward trend in the near future. I originally wanted to carry it, but the epidemic is even more unbearable, and prices are also forced to rise. Please also understand. " CEO said in APP on April 11th. Weilai, which said not long ago that it will not increase the price for the time being, will also raise the starting price of its three models by 10,000 yuan from May 10, 2022.

It is understood that since March, new energy vehicles at home and abroad have ushered in a wave of large-scale price increases, and most car companies have announced price increases for their new energy vehicles, and the adjustment is faster and larger than many people expected. However, from the point of view of sales, the price increase did not actually affect the sales of new energy vehicles in March, and to a certain extent played a promoting role.

The car Federation previously analyzed that since the beginning of this year, due to the rise in the price of raw materials such as lithium and nickel, the price of power battery has risen much faster than expected in the industry, so the pressure on car companies after the price increase of power battery is very great. Cost pressure can only be alleviated by price increases. However, the impact of the current two rounds of new energy vehicle price increases is not obvious for the time being. First of all, the sales model of new energy vehicles is order sales. At present, various car companies have more orders before the price increase, resulting in the basic digestion of pre-orders from March to April, so the sales volume has little impact. Secondly, the diversion of new energy to the fuel vehicle market, high oil prices lead to the advantages of new energy. Now, in the case of high oil prices, the performance-to-price ratio of new energy vehicles has been significantly improved, and the traditional car market is more difficult.

Battery Network noted that measures such as standardizing the market behavior of raw materials in the battery industry chain have become an industry consensus, and Vice Minister of Industry and Information Technology Xin Guobin also said recently that it will focus on meeting the production needs of power batteries, appropriately speed up the development of domestic lithium, nickel and other resources, and crack down on unfair competition such as hoarding and driving up prices.

In addition to the impact of raw materials, the impact of the global epidemic has also continued to ferment this year. At present, many car companies, such as Weilai and Tesla, have been affected. On April 9, Xilai Automobile even released the news that due to the epidemic, the company's supply chain partners in Jilin, Shanghai, Jiangsu and other places have stopped production one after another, and have not yet recovered. Affected by this, the production of the whole vehicle has been suspended, due to the above reasons, the delivery of many users' vehicles will be delayed in the near future. After a two-day shutdown on March 16 and 17, Tesla announced again on March 28 that the Shanghai super factory had stopped production for 20 days as of April 14.

In addition, after continuing chip shortages and supply chain disruptions caused by the intensification of the COVID-19 epidemic, a number of car companies announced temporary suspension of production: on March 13, five major vehicle factories in Changchun, including FAW Toyota, FAW-Volkswagen, etc., all began to stop production; on March 22nd, brilliance BMW Dadong plant temporarily suspended production; on March 28th, Tesla suspended production at the Shanghai super factory. On April 1, Volkswagen's factory in Shanghai also began to stop production. In the short term, the rise in the price of new energy vehicles and the delay in delivery may become a common phenomenon in the following period of time.