NEV Sales Look Set to Keep Increasing in H2 2022

Published: Aug 8, 2022 11:26

Save

SHANGHAI, Aug 8 (SMM) – Many car companies have released their production and sales data for July, showing a good trend in the off-season.

SHANGHAI, Aug 8 (SMM) – Many car companies have released their production and sales data for July, showing a good trend in the off-season. Among them, the sales of new energy vehicles maintained rapid growth. SAIC’s new energy vehicle sales exceeded 100,000 units for the first time, and BYD’s new energy vehicle sales remained above 100,000 units for five consecutive months. With the continuous deliveries of new models from major car companies, sales of new energy vehicles are expected to continue to rise in the second half of the year. Xiangcai Securities estimates that China’s sales of new energy vehicles will exceed 5.5 million units in 2022.

Output

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

2 hours ago

World's Highest-Altitude 660 MW Ultra-Supercritical Thermal Power Unit with High-Ratio High-Alkali Coal Co-Firing

At 18:00 on August 25, the No. 3 unit of SPIC Qinghai Provincial Investment's 3×660 MW "replacing small units with large ones" thermal power project successfully passed the 168-hour full-load trial operation, marking the full-capacity operation of the world's highest-altitude 660 MW ultra-supercritical thermal power unit with high-ratio high-alkali coal co-firing. After the project reaches full-capacity operation, its total installed capacity will reach 1,980 MW, with an average annual stable power generation of more than 8 billion kWh, fully covering the electricity demand of the entire Qinghai Province.

2 hours ago

China Southern Power Grid Energy plans to transfer 100% equity in two PV enterprises

On August 26, the Beijing Public Resources Trading Service Center published two notices for the listing and transfer of state-owned equity. China Southern Power Grid Integrated Energy Co., Ltd. (China Southern Power Grid Energy) plans to transfer 100% equity in two PV project companies under its ownership. The transfer involves two wholly owned PV enterprises: Nandian (Chengmai) New Energy Technology Co., Ltd. and Shizong Shangfu Yihe Solar Investment Co., Ltd.

2 hours ago

India added a record 27 GW of PV capacity in H1

According to the India Solar Market Update Q2 & H1 2026 report released by Mercom India Research, India added 27 GW of PV capacity in H1 2026, up 50% YoY from 18 GW in H1 2025, setting a new record. PV accounted for 76% of the 36 GW of power capacity added during this period.

2 hours ago