Although the monthly statistics of the China Association of Automobile Manufacturers have not yet been released, from the January production and sales data released by some car companies, the domestic car market in January this year has achieved a good start, which is already a nail in the coffin, and there is no suspense.
BYD took the lead in releasing its January results
On February 3, the third day of the Lunar New Year, BYD took the lead in announcing the january automobile production and sales data. BYD's production and sales express reported that the production in January was 94,101 units, an increase of 97.62% year-on-year; sales were 95,422 units, an increase of 125.05% year-on-year. Among them, the output of new energy vehicles was 91736 units, an increase of 309.66% year-on-year; the sales volume was 93168 units, an increase of 361.73% year-on-year.
Since December last year, BYD's sales of new energy vehicles have accounted for more than 90%, and the proportion of fuel vehicles has decreased significantly. In January this year, BYD's production and sales of fuel vehicles in that month were only 2365 and 2254, accounting for 2.37% and 2.36% respectively.
As the leader of domestic new energy vehicles, BYD has won the domestic new energy vehicle championship for 9 consecutive years, and the proportion of new energy vehicles in the mainstream domestic car companies is the highest. BYD is likely to become the first of the top ten domestic automobile groups to stop the production of traditional fuel vehicles.
Pure electric passenger cars perform beautifully
Continuing the explosive growth trend of new energy vehicles last year, the performance of the new energy vehicle market in January this year continued to make great strides, especially the performance of pure electric passenger cars was very beautiful.
GAC Aeon achieved high-quality and rapid growth in 2021, with annual sales exceeding 120,000 vehicles, becoming one of the few pure electric vehicle sales brands with more than 100,000 sales. In January this year, GAC Aean produced 14,601 units, up 98.7% year-on-year; sales reached 16,031 units, up 118% year-on-year and 10.56% month-on-month.
Among the new car-making forces, Xiaopeng Automobile continued the rapid growth momentum of the previous year, delivering 12,922 vehicles in January, an increase of 115% year-on-year, and delivering more than 10,000 yuan for five consecutive months. Ideal car sales of 12268 units, an increase of 128% year-on-year; Nezha car sales of 11,009 units, an increase of 401%; NIO sales of 8652 units, an increase of 20% year-on-year; zero-run car sales of 8085 units, an increase of 385%.
Geely Automobile's high-end electric vehicle brand, Extreme Kr, delivered 3,530 Extreme Kr 001 models in January, ranking among the best in its category.
The capital market is optimistic about the automotive sector
Since the construction started on February 7, the vast majority of car companies have not yet had time to release the January production and sales data, and only a few car companies have released. On February 7, SAIC Passenger Vehicles posted on the WeChat public account that its wholesale sales in January were 68,200 units, an increase of 19.2% year-on-year; terminal sales were 86,000 units, an increase of 10.2% year-on-year, creating a new high in the same period of history.
On the evening of February 8, GAC Group released the January production and sales data, january automobile production 218613, a net increase of 14% year-on-year; January car sales of 237232, an increase of 9.2% year-on-year, production and sales both achieved a sharp increase year-on-year. Among them, GAC Aeon's sales increased by more than 117% year-on-year; GAC Trumpchi's January sales of 36,564 units, an increase of 13.7% month-on-month; GAC Honda produced 75,332 vehicles in January, an increase of 19% year-on-year; GAC Toyota's January sales reached 99,900 units, an increase of 11.2% year-on-year.
The TNGA family continues to maintain GAC Toyota's position as the backbone of sales, with sales reaching 46,611 units in January, accounting for 46.7% of GAC Toyota's total sales in January. The Xena sold 5,399 units in its first month of listing, accounting for 40% of top-mounted sales; the big seven-seater SUV Highlander sold 13,189 units in January, up 14.7% year-on-year; camry sales in January reached 28,023 units, up 39.9% year-on-year; Veranda sold 17,438 units in January, up 42.5% year-on-year; and the Raeling family sold 19,581 units in January.
Dongfeng Honda sold 77,385 vehicles in January, up 107% over the same period. Among them, CR-V sales exceeded 25,000 units in January; Civic sold 16,000 units in January, an increase of 118% over the same period; XR-V sales exceeded 17,000 units in January, an increase of 103% over the same period; Yingshipai terminal sales exceeded 10,000 units in January, an increase of 161% over the same period; and the electrification family sold 9,728 vehicles in January, an increase of 127% over the same period.
The vast majority of car companies have not yet released January production and sales data, but there is no problem in opening the door. The capital market is generally optimistic about this year's auto market, on February 7, domestic A shares and Hong Kong H shares, the auto sector is generally bullish.
On February 7, BYD A-shares rose 8.3% to 245.52 yuan, with a total market capitalization of 714.7 billion yuan. Auto stocks such as Haima Automobile, Guangzhou Automobile Group, Great Wall Motor and Jianghuai Automobile all rose by more than 5%.
On February 7, Hong Kong's H-share auto sector also rose, with Ideal Auto up more than 5 percent, Xiaopeng Motors up nearly 4 percent, and BYD and Great Wall Motors up nearly 2 percent.
Caucus china automobile association expects that the penetration rate of new energy passenger vehicles will exceed 20% in 2022, and the industry is generally optimistic about China's new energy vehicles in 2022, which is also illustrated by the trend of the capital market.
According to the custom, the month before the Spring Festival is the month of strong sales in the domestic car market. However, in January this year, as in January last year, the new crown epidemic was spread in China, and the prevention and control measures became stricter, coupled with the promotion of the Local New Year, which affected the car purchase needs of some people who bought a new car and went home for the New Year. These factors all had an impact on the car market in January. (End)
This article was published simultaneously on The China Automotive Trend Network