【EV Vision Report】Just this past February, for the car market belongs to the traditional off-season, coupled with the Spring Festival this short cycle, sales data is generally not too bright. The "three good students" BYD in the car companies still worked hard in February and still achieved substantial year-on-year growth.
On March 3, BYD Automobile announced its February sales express report, and the data showed that BYD passenger car sales in February were 90,268 units, an increase of 336.2% year-on-year, and a decline of 5.16% from 95,180 units in January.
In terms of new energy passenger cars, which everyone is more concerned about, sales in February were 87,473 units, up 764.1% year-on-year, and down 5.87% from 92,926 units in January.
BYD passenger car sales, whether it is the overall sales or new energy sales, all rose sharply year-on-year, but the overall sales volume or new energy sales fell in the chain, not because BYD "does not work", but because of the Spring Festival holiday in February, only 28 days in February and the surge in raw materials.
Let's take a look at the sales of other car companies, GAC Aean 8526 units, down 46.8% month-on-month, ideal cars 8414 units, down 31.4% month-on-month, Nezha cars 7117 units, down 35.4% month-on-month, Xiaopeng Automobile 6225 units, down 51.8% month-on-month, Weilai Automobile 6131 units, down 36.5% month-on-month, zero-run cars 3435 units, down 57.5% month-on-month, Extreme Krypton automobile 3530 units, down 17.4% month-on-month. Compared with these new energy vehicle companies, BYD's 5.87% month-on-month decline is already very good.
In fact, from the perspective of production capacity, BYD's sales of new energy models in February were 87473 units, calculated by 28 days, the average daily production capacity of new energy models is about 3124 units, if you count the holiday factor, perhaps the average daily output may be higher. Of course, the output calculated in this way may be biased, but it is also reflected from the side that BYD's production capacity is not weak.
In the sales structure, BYD's plug-and-mix and pure electricity still maintain a very stable growth momentum, the total sales of DM models are 44300 vehicles, EV models are 43173, and plug-and-mix models have finally completed the overtaking, and the gap between the two may be further widened in the future.
In terms of specific models, the BYD Han family sold 9,290 vehicles in February, of which the Han EV increased by 118.1% year-on-year, and the Han family's cumulative sales volume was 180,000 vehicles. Although the sales volume of Han in February did not break through 10,000, a careful analysis of the reasons can be found that Han EV sales of 8942 vehicles, Han DM only 348 vehicles, and han DM sales are mostly because Han DM-i and DM-p are about to debut, many consumers have chosen to give up the cash Han DM, hold the coin and wait and see, become a party and so on. However, according to EV Vision, the new Han family, which was originally unveiled on March 7, was postponed due to the epidemic. However, we guess that the date of the debut of the new Han family will not be too far away, and according to the current heat, the new car will definitely inject a shot of "cardiotonic agent" into the sales of BYD's new energy models.
The Tang family's sales in February were 10,426 vehicles, of which the Tang DM increased by 1143.9% year-on-year, and the Tang family's cumulative sales volume was 310,000. Bydie Tang's performance is still relatively surprising, of which the sales of Tang DM plus DM-i are 10,026 vehicles, and because the new Tang EV will be unveiled soon, the current Tang EV sales are only 400, but the Tang family's monthly sales of more than 10,000 can also be regarded as a new level. And according to EV Vision, Tang DM-p will soon meet with everyone, so that the Tang family also has the capital to return to the peak.
The Yuan family sold 8,953 vehicles in February, an increase of 2380% year-on-year, and the Yuan family's cumulative sales volume was 240,000 vehicles. Of the more than 8,000 vehicles in February, the yuan PLUS accounted for 4517 vehicles, and the sales of this model in March are very promising to exceed the record of 10,000 vehicles and Hongguang MINI EV sharing the fastest pure electric power. According to EV Vision, at present, individual models in individual regions have existing cars, and the overall pick-up cycle has been greatly improved compared with last year's first-class situation of more than half a year.
The Song family's sales in February were 24,534 units, an increase of more than 2,000 vehicles compared with January, although BYD officially did not release the data of the breakdown of models, but according to our calculations, the Song PLUS DM-i and Song Pro DM-i models may account for three-fifths to four-fifths of the Song family's February sales.
The Qin family's sales in February were 24,503 units, of which the Qin PLUS EV increased by 16.6% month-on-month, and the Qin family's cumulative sales volume was 560,000 units. Among them, Qin PLUS DM-i delivered 14244 vehicles, compared with last month' decline of nearly 4000 vehicles, Qin PLUS EV delivered 8262 vehicles, a slight increase of more than 1000 vehicles over the previous month. The reason for the decline in Qin PLUS sales IS THE EV horizon analysis is due to the influence of the Xi'an plant itself, but with the third phase of the Xi'an plant rolling off the production line, the output in March will be full of blood and resurrected, entering the strongest combat state.
Dolphin's sales in February were 8,565 units, down 19.21% from 10,602 units in January. The reason we analyzed is that the production capacity of the 3.0 platform is relatively limited, and in order to give the metaPLUS more production capacity space, it is reasonable to have a planned compression of Dolphin's production capacity. However, at present, it seems that the production of dolphins is still reasonable, and the cycle of picking up the car is not too long, which will not cause consumer dissatisfaction.
Editor's summary: When some car companies are in a "semi-dormant" state during the spring vacation, BYD, the "three good students" car company, is still working hard, and sales are still at a normal level. Although the chain data declined slightly under the influence of various factors, it also fell within the normal range. It is believed that after the debut of the new Han family and the new Tang EV, as well as the subsequent launch of the marine series models such as the destroyer 05, BYD's "fist" in new energy will become harder and harder, and the peak of sales is not a fantasy.