In July, the production and sales of new energy vehicles reached new highs, and the
auto market accelerated the transition to new energy
Beijing, August 11 (Reporter Liu Jin) China Association of Automobile Manufacturers released monthly data on July automobile production and sales on the 11th.
Against the background of the overall decline in automobile production and sales, new energy vehicles continue to grow, driving the auto market to transition to new energy.
Data show that in July, my country's automobile production and sales reached 1.863 million and 1.864 million, respectively, down 4.1% and 7.5% month-on-month, and down 15.5% and 11.9% year-on-year.
From January to July, the production and sales of automobiles were 14.44 million and 14.756 million vehicles, an increase of 17.2% and 19.3% year-on-year, respectively, and the growth rate continued to fall from January to June.
Chen Shihua, deputy secretary-general of the China Automobile Association, said that from the perspective of market conditions, vehicle production and sales in July decreased year-on-year. The main influencing factor was the high base of the same period last year (still showing growth compared with the same period in 2019); commercial vehicles were affected by the switch to emission regulations , Production and sales fell significantly year-on-year; passenger car production and sales fell year-on-year due to the shortage of chips, but the decline narrowed.
In addition, extreme weather such as floods in some parts of the country and the recurrence of the new crown pneumonia epidemic have also suppressed production and demand to a certain extent.
The decline in commercial vehicle production and sales has had a greater impact on the auto market.
In July, the production and sales of commercial vehicles were 315,000 and 312,000, down 18.8% and 30.1% month-on-month, and 33.2% and 30.2% year-on-year.
Among the main types of commercial vehicles, the production and sales of trucks and buses have declined compared with the previous month, and the decline of trucks has been more pronounced; compared with the same period last year, the production and sales of passenger cars have maintained rapid growth, and the decline of trucks has been rapid.
Cui Dongshu, secretary-general of the Travel Association, analyzed: "At this stage, the global automotive supply and demand gap is large, and the insufficient chip supply has caused some domestic auto companies to reduce production and losses. Some auto companies have seen a sharp decline in wholesale sales in recent months, especially orders from joint venture brand dealers. The mismatch between demand and existing inventory has led to a weaker retail end."
Compared with the broader market, the new energy vehicle market has continued its hot trend.
In July, the production and sales of new energy vehicles continued to grow month-on-month and year-on-year, and both reached historical highs, reaching 284,000 and 271,000 respectively, representing a month-on-month increase of 14.3% and 5.8%, and a year-on-year increase of 1.7 times and 1.6 times respectively.
Among the main types of new energy vehicles, the production and sales of pure electric and plug-in hybrid vehicles have increased compared with the previous month, and the growth rate of plug-in hybrid vehicles has been more obvious; compared with the same period last year, pure electric and The production and sales of plug-in hybrid vehicles continued to maintain rapid growth.
From January to July, the production and sales of new energy vehicles reached 1.504 million and 1.478 million, respectively, a year-on-year increase of 2 times, and the penetration rate also increased to 10%.
"The market trends of new energy vehicles and traditional fuel vehicles have formed a strong differentiation feature, realizing the substitution effect on the fuel vehicle market, and driving the pace of the auto market to transform to new energy." Cui Dongshu believes that the current oil price continues to rise, and the sales of traditional vehicles Bring pressure.
At the same time, self-owned brand A00-class vehicles continued to increase their volume, and joint venture new energy new products continued to be launched, which promoted a large year-on-year growth in sales of new energy vehicles.