Wholesale sales of new energy passenger cars reached 50,000 units in February, up 70 percent year-on-year

According to the preliminary data of wholesale sales volume of manufacturers, the wholesale sales volume of new energy narrow sense passenger vehicles in February was 50,000 units, up 70% year-on-year, and the performance of pure electricity and plug-and-mix in February was strong. Compared with the growth of traditional passenger cars-19%, the performance of new energy vehicles is stronger. Sales of new energy passenger vehicles reached 140,000 units in January-February, up 132% year-on-year. The good sales performance in January-February 2019 was mainly due to the deferral period of new energy vehicles, which relieved market pressure and promoted the market rush effect at the beginning of the year. At the same time, the implementation effect of the double-point policy of new energy vehicles and fuel vehicles is high.In order to reduce the fuel consumption of traditional vehicles, automobile enterprises have high enthusiasm for the development of new energy vehicles, which also promotes the strong increment of new energy vehicles at the beginning of the year. First, the overall trend of new energy passenger vehicles 1. January-February new energy vehicles strong opening red traditional fuel passenger vehicle market trend presents U-shaped: high at the beginning of the year, followed by continued downward to the summer valley bottom and high the normal trend of the end of the year. The trend of new energy vehicles is quite different from that of traditional vehicles. The simple trend of low before and high after the beginning of the year in the previous few years has gradually evolved into a wave trend driven by subsidies. 14-17 years of new energy passenger vehicles showed a strong monthly upward trend. The market trend of new energy passenger vehicles in 2019 will continue to show wave trend after showing wave trend in 2018. New energy passenger cars started well in January of 18, with sales of 31,000 units, up 483 per cent from a year earlier. In February, due to the Spring Festival factor, it still reached the scale of 29,000 units, which should be said to have performed well. Transitional sales surge after policy clarity in March-May Increase. With the formal implementation of the policy, the number fell back to 70,000 in June of 18, began to rise in July, and soared to 160,000 in December. New energy vehicles started well in 1919, reaching 91, 000 units wholesale in January, and dropped back to 50, 000 units in February due to a variety of factors. The trend of new energy passenger cars in the narrow sense is very good in 19 years, which reflects the strong momentum of the development of new energy passenger cars in the stage after the policy is clear. In February, the wholesale volume of new energy passenger vehicles reached 50,000, including a certain number of micro-passenger vehicles in February, but the micro-passenger modified electric vehicles basically belong to the special-purpose vehicle series, so the analysis of new energy in narrow sense passenger vehicles is more accurate. 2. China's World Status of New Energy Vehicles: From January to December 2018, global sales of new energy passenger vehicles reached 2.02 million units, a year-on-year increase of 66%. China's total sales of new energy passenger vehicles reached 1.01 million units in the January-December period of 18 years, accounting for 56% of the world's total. June 18 was the time for the policy adjustment of new energy vehicles in China, so the temporary slowdown of domestic sales growth in the third quarter was also a dual-drive effect of policy and market. October's share jumped to 57%, a good performance. The pattern of the world's new energy market is still changing dramatically, with sales of the leading single-product vehicles in the United States rapidly rising to more than 20,000 units per month, forming a year-end rush. The wave of competition for new energy in America's luxury B-class cars has driven both Mercedes-Benz and BMW to invest heavily in new-energy vehicles. The idea of increasing energy density of national subsidy policy is wise, the world new energy competition is fierce, and the subsidy index is increasing rapidly Degrees should not be lowered and technical upgrading should not be slowed down for fear of fire. Independent brands need to strengthen single product sales in electric vehicles and enhance the competitiveness of plug-and-mix double-line promotion acceleration to achieve high-quality growth. Second, the analysis of market structure of new energy passenger vehicles. 1. The pure electric vehicle accounted for 78% of the new energy vehicles in february, the new energy passenger vehicles showed the characteristics of pure electric weakening Sales of new energy passenger vehicles reached 50,700 units in February 1919, an overall year-on-year increase of 74%. February's 105% increase in pure electric passenger cars reflects the differential pull effect of product upgrades. Due to the influence of high cardinal number and less influence of retrogression on intermixing, the intermixing speed in February increased by 18% compared with the same month of last year, and the intermixing speed in February was higher than that in January than that of pure electric ring. Pure electric vehicles accounted for 78% of all new energy vehicles in 2019, of which 75% were in February, which is relatively higher than the February 2018 level. The 26% share of all-electric SUVs in February 2019 was also higher than the 8% performance in February 2018, and the structural improvements were good. 2. New Energy Vehicle Grade A Super Power-A00 Lower New Energy Passenger Vehicle Sales 1.01 million units from January to December of 18 years, up 83% year-on-year. New energy performance remained strong in February of 19, growing 74 per cent year-on-year, slightly slower than for the full 18-year period. In February, there were 11,800 A00-class electric vehicles, up-35% year-on-year, accounting for 31% of the total number of pure electric passenger vehicles, down 50 percentage points from February of 18; February's A-rating was a big market that performed well. Class A electric cars are mainly for private and rental use Sales were still low last year, with A-class electric cars up 819 percent in February from a year earlier and minus 38 percent in January. The A0-class electric car also surged year-on-year, ring performance is also strong. 3. Changes in the segment market of new energy vehicles As the segment market of new energy vehicles declined sharply in February this year compared with January, each segment market basically declined significantly. February of 18 years is more stable than January, mainly in February of 18 years A-class electric car performance is very good. The strong performance of several major segments in December of 18, coupled with the further early release in January, resulted in a larger month-on-month decline in the performance of the segments in February, with the bright spots seemingly inconspicuous. The regional operation characteristics of new energy vehicles in january are compared with those in january of previous years, and the same caliber, the data is for reference January 19, the CIRC Traffic Insurance car sales figures show that Guangzhou temporarily surpassed Shenzhen, Shanghai, Beijing. Shenzhen's rental and rental vehicles have developed rapidly, accounting for a relatively high proportion and a large number of good sales. Shenzhen, Hangzhou and Beijing, which operate vehicles, have seen a big increase in their share. Due to the limit of 60,000 indicators, Beijing did not continue to play the number, the lack of indicators, so January 19, Beijing sales growth is also relatively low. Guiyang, Xiamen, Fuzhou and other rental ratio is strong. 2. Regional private unit purchasing characteristics of new energy vehicles in January Above is the comparison of January and the comparison of the same caliber, the data is for reference. With the promotion of national consumption policies, the market demand for new energy vehicles will be gradually met. Private vehicles in Beijing also have huge target increases. Sales of new energy sources, such as Hangzhou and Shenzhen, are approaching those of Beijing and Shanghai, and the new energy market continues to grow at a rapid pace. 3. Characteristic of new energy vehicle regional plug-in pure electricity ratio In January, the proportion of plug-in pure electric vehicle market is different from that of pure electric vehicle market. Shanghai, Shenzhen, Hangzhou and Guangzhou, which are the main restricted cities, have a strong performance of plug-in pure electric vehicle. Shenzhen and Shanghai, Guangzhou, the new energy is mainly mixed, but also gradually fierce competition in the market. 4. Wholesale Performance of New Energy Vehicle and Passenger Vehicle Models Note: BAIC New Energy EU Series is the valuation, and Yuan EV Tang DM is the valuation. BYD's new-energy vehicles are super strong, realizing their maximum incremental potential before subsidies. Wuling's new energy began to take off, and Baojun E100's new energy performance is very good. BAIC New Energy models are relatively strong, and several BYD models are also excellent plug-in performance, forming a strong state of the main car companies and main models. May, February sales of main models of new energy vehicles strong performance. New energy vehicles in February new products performance basically no new products, the market is relatively dull during the Spring Festival. 2. Sales Trend of Main Manufacturers of New Energy Vehicles Monthly Over the Past Years As the Spring Festival factor in February this year has declined significantly compared with January, the market segments have basically declined significantly. February of 18 years is more stable than January, mainly after the downhill slump in January of 18 years, February A-class electric vehicles performed well. The strong performance of several major market segments in December of 18, coupled with further early releases in January, resulted in the Each segment of the performance of the month-on-month decline, bright spots do not seem to stand out. 3. Sales Trend of Main Pure Electric Vehicle Manufacturers in Past Years BYD has surpassed BAIC New Energy in 19 years and occupied an absolute dominant position of pure electric vehicle independently. In recent years, BYD has been the absolute leader in sales of new energy vehicles in 11-17 years, but 18-year-old BAIC New Energy has overtaken BYD in sales of pure electric vehicles for several consecutive months, and in some months single models have exceeded BYD's total. In February, BYD, Geely and Great Wall Motors had strong new energy performances, and traditional car companies had strong marketing and continuous fighting capabilities. 4. The plug-in hybrid new energy vehicle enterprises show that the plug-in hybrid is a foreign brand with super strength, which is gradually launched in domestic products at present. There are few domestic-funded new energy plug-in enterprises, so it is difficult to master the technology, so we need to master the technology independently and systematically. BYD is an excellent example to master the technology independently. Although many enterprises also have the strength to research and develop plug-in new energy vehicles, but the parts system is mainly in foreign capital, so the development of plug-in faces a lot of complex technology and industrial issues. The BYD plug-in models of February 19 performed well, but seasonal fluctuations were still evident. This month's SAIC Volkswagen, Brilliance BMW, Dongfeng Yueda Kia, etc. performed better. And FAW Toyota also began to plug production, the joint venture plug index is still slightly stronger than their own. But endurance mileage is not as long as BYD. 5. The wholesale of the main pure electric vehicles in February is the same as that of the strong pure electric vehicles in February, and the trend of the main electric vehicles is differentiated. February 19, the higher sales of electric vehicles Is BYD Yuan, Dihao EC7, BAIC EU series electric, Chery EQ series, BYD E5, Roewe and so on. February's A-class electric cars were strong and overpowered at the start of the year. The A-class sedans and A0-class SUVs in the medium and large electric vehicle market have bright spots. Relatively strong electric vehicles in February 1919 were mainly BYD's E5 and Geely Dihao EC7, especially the Roewe I5, which performed well. Euler and other performances are also more stable, forming the support of electric vehicles at the beginning of the year. Beijing market demand for BYD E5\ BAIC EU and other models performed more stable and strong. This month's Weilai ES8 sales are also stable, a good performance. 6. The wholesale sales volume of plug-in hybrid models increased more steadily than that of plug-in hybrid models, mainly due to the contributions of BYD and Kia, which formed the strong growth characteristics of plug-in hybrid models. The strong performance in February of 19 years is a better way to catch the 18-year subsidy. BYD continues to maintain the strong position of plug-in, while performing better is the Kia K5 and other new products. The market advantage of Shanghai is still obvious. The performance of new energy in Guangzhou and Shenzhen markets is general at present, and there is also a trend of breakthrough in the non-restricted areas. BYD's high-priced routes face more opportunities to extend downwards. With the foreign-funded new energy vehicles mainly to plug and mix the effect of the increasingly obvious, plug and mix sales to improve better. . 7. Common Hybrid Main Force Vehicles Are Less and Less but Demand Is Good In February of 1919, the common hybrid main force vehicles performed better, and Toyota and Honda's hybrid performance was relatively prominent. Honda's inspire did well this month. Guangzhou Honda's New Energy Source vehicles, currently stabilized at about 2000 sets of scale, and Dongfeng Honda's ordinary hybrid models, Shanghai GM hybrid models are also very prominent performance. Because there is no policy impact, so the general hybrid model in the beginning of the year to the end of the trend, maintain a relatively stable situation. Other international automobile enterprises are not determined to mix, and gradually transform and mix. With the trend of plug-in hybridization, some domestic automobile enterprises gradually stop the sales of plug-in hybridization and gradually turn to plug-in hybridization. Future plug-ins will perform better, with mixed markets relatively stable and shrinking. However, with the scale of Toyota-Honda hybrid increasing, its cost advantage will become increasingly obvious, and the comprehensive competitive advantage of Japanese market has become increasingly prominent. Endurance of loneliness, development and mixing is also an important supporting factor for the success of the Japanese counteroffensive in the Chinese market.