China Passenger Car Association: In May, domestic passenger vehicle retail sales increased slightly from the same period last year, and the annual sales of new energy passenger vehicles are expected to be 2.4 million

publish_time: 2021.06.09

Companies with retail sales of new energy passenger vehicles exceeding 10,000 in May include SAIC-GM-Wuling 33,175, BYD 31,908, Tesla China 21,936, and GAC Aian 10,395.


On June 8th, the Passenger Car Market Information Joint Conference (hereinafter referred to as the Passenger Federation) announced the May sales data of domestic passenger cars, of which 1.623 million passenger car retail sales in a narrow sense, a year-on-year increase of 1%, and a month-on-month increase of 1% , The cumulative sales volume from January to May was 8.364 million vehicles, a year-on-year increase of 38.1%.


In terms of specific data, the retail sales of sedans in May was 793,000, a year-on-year increase of 3.1%, and a month-on-month increase of 3.3%. The retail sales of SUVs was 736,000, a year-on-year decrease of 2.4% and a month-on-month decrease of 1.6%. The retail sales of MPVs was 95,000, a year-on-year increase of 12.0%. That's exactly 3.9%.


   In May, 600,000 self-owned brands retailed, an increase of 18% year-on-year, an increase of 3% from April, and an increase of 12% from May 2019. The market share of self-owned brands in the wholesale market was 40.2%, an increase of 7.7% over the same period, and the domestic retail market share was 36.4%, an increase of 4% year-on-year.


   The retail sales of mainstream joint venture brands amounted to 780,000 vehicles, a year-on-year increase of 3%, a month-on-month increase of 1%, and a decrease of 1% from May 2019. Among them, the retail share of Japanese brands was 23.4%, down 2.1% year-on-year, and the retail share of the US market was 10.6%, up 0.6% year-on-year, showing good performance. German brands are still in the stage of adjustment and gaining momentum.


   The retail sales of luxury cars amounted to 260,000 units, a year-on-year increase of 13% and a month-on-month increase of 2%, but compared to May 2019, an increase of 45%, reflecting the characteristics of continued strong growth. The demand for high-end redemption for consumption upgrades is still strong.


In May, the wholesale sales of new energy passenger vehicles reached 196,000, an increase of 6.7% from April and a year-on-year increase of 174.2%. Among them, the wholesale sales of pure electric vehicles were 162,000, a year-on-year increase of 186.1%, and the sales of plug-in hybrids were 34,000. A year-on-year increase of 128.5%, accounting for 17%.


   The retail sales of new energy passenger vehicles in May reached 185,000 units, a year-on-year increase of 177.2% and a month-on-month increase of 17.4%. Companies with retail sales exceeding 10,000 vehicles include SAIC-GM-Wuling 33,175, BYD 31,908, Tesla China 21,936, and GAC Aian 10,395.


   In May, the export of new energy vehicles showed explosive growth. Among them, Tesla exported 11,527 units to China, SAIC Motor exported 2,430 units of new energy vehicles, JAC exported 549 units, BYD 223 units, and AIWAYS 143 units.


The Passenger Association said that although the passenger car market has entered a half-year closing period, it is still affected by the continued severe impact of the overseas epidemic. The shortage of chips has not been significantly alleviated. It is more difficult for car companies to sprint sales. The security and resilience of the supply chain may become this year. In the third quarter, car manufacturers ranked higher priority topics of concern.


   From January to May of this year, the wholesale sales of new energy vehicles in the market reached 860,000, an increase of 2.5 times year-on-year. The trend is booming. Although affected by the lack of chips and other issues, there is basically no significant sales loss for new energy vehicles. Taking into account the promotion of new energy vehicles in Beijing in May for households and individuals, the demand for new energy vehicles will remain strong in the next few months. Taking into account the comprehensive strengthening of domestic market segments and the increase in exports, the Passenger Federation will increase the forecast sales of new energy passenger vehicles this year to 2.4 million.

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