China Posts Strong July For Plug-In Sales, Buick Velite 5 (aka Volt) Debuts Well

4 weeks ago by Mark Kane 10

Sales of New Energy Vehicles in China – July 2017

According to the official data from China Association of Automobile Manufacturers, Chinese plug-in vehicle sales increased by 55% in  July (year-over-year) to 56,000 deliveries, while at the same time production rose to 59,000 vehicles (up nearly 53%).

Sales of New Energy Vehicles in China – July 2017

Of those deliveries, some 44,700 were via the sale of plug-in passenger vehicles, one of the best results ever (and up 37% – data compiled by EV Sales Blog).

One of the biggest players in China (as always) was BYD with a record 11,200+ plug-in car sales in July.

The new BYD Song (PHEV and BEV together) alone exceeded 6,600 deliveries.

Other large offerings in China for July was the BAIC EC-Series with 4,068 sales, and the tiny Zhidou D2 EV  with 3,796 deliveries.

Of July’s numbers, Chinese manufacturers represent the vast majority –  93% of the pie, while 7% are (naturally) foreign brands – of those 4% market share belonged to Tesla, and 2% to BMW.

The Buick Velite 5 (Chevrolet Volt) noted a strong 382 sales last month in China (compared to 1,518 in U.S.).

Buick Velite 5 Looks Familiar, Doesn’t It? And apparently was received fairly well in China in July!

So far this year, the plug-in vehicle market in China stands at:

  • Sales: 251,000 (up 26.2% year-over-year)
  • Production: 272,000 (up 21.5% year-over-year)

All-electric cars holds around 80% of the market.

“In July, the production and sales of new energy vehicles reached 59 thousand units and 56 thousand units respectively, increasing 52.6% and 55.2% year on year. To be specific, the production and sales of BEV reached 46 thousand units and 45 thousand units, increasing 69.6% and 70.2% year on year; and such figures for PHEV were both 12 thousand units, increasing 10.0% and 16.3% year on year.”

“For the first seven months, the production and sales of new energy vehicles reached 272 thousand units and 251 thousand units respectively, increasing 26.2% and 21.5% year on year. To be specific, the production and sales of BEV reached 223 thousand units and 204 thousand units, increasing 37.8% and 33.6% year on year; and such figures for PHEV were 49 thousand units and 47 thousand units, decreasing 8.8% and 12.8% year on year.”

Sales of New Energy Vehicles in China – July 2017

source: EV Sales Blog

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10 responses to "China Posts Strong July For Plug-In Sales, Buick Velite 5 (aka Volt) Debuts Well"

  1. ffbj says:

    I think the Volt should do well in China.
    I am starting wonder which car companies will fail and them be bought by a Chinese consortium, much like Saab, & Volvo were.

    So the trend of the shrinking automotive sector, in regards to unique brands, I think will continue unabated and even accelerate, due to the softening of the cycle, and peak car hitting the more developed countries.
    U.S. Britain, Europe, Japan.

    We we will need fewer cars, that much is evident, and that begs the question, who will get sold, acquired, gobbled-up, etc… and who might fail.
    In this case I would consider governments stepping in with massive efforts to save the company, a failure.
    1. Bmw–They don’t have a clue.
    2. Mercedes–Over engineered, super
    expensive to acquire/maintain.
    3. Ford–This beached whale, carrion food, though the F-150 keeps them on life support.
    4. Fiat/Chrystler–Put two losers together & you get a bigger loser. This won’t help:
    http://www.freep.com/story/money/cars/chrysler/2017/08/19/feds-fiat-chrysler-and-uaw-execs-werevp-told-uaw-execs-if-you-see-something-you-want-feel-free-buy-i/581715001/

    So sorry for the mini-rant. Just something I had to get off my chest. Mostly speculation, but it does appear a Perfect Storm is brewing and coming for the legacy companies.

    1. ffbj says:

      An excerpt: “One of them, they said, involved giving union officials credit cards to go on shopping sprees whenever they felt like it.”

      So this might effect the unionization proposals floating around Tesla, and other places. Not good for the unions, as it makes them look as if they are crooks, which is, and has been a common method of attacking them.

      1. Tom says:

        ‘look as if they are’ should be edited out in your comment.

        1. ffbj says:

          I get it. Individuals are crooks as a whole though the UAW is pretty crooked. I was trying to be nice.

    2. Dave86 says:

      I hadn’t thought about it before, but you are probably right: in the process of electrification, there will be a few companies that get left behind and consequently acquired by the Chinese.

      Companies I’d guess are vulnerable are: Fiat, Chrysler, and Mazda.

      I would guess that Honda is more likely to get into trouble than BMW simply because of Honda’s dedication to hydrogen. BMW has at least made some effort in the PHEV space, and given where the Germans may be headed right now, will do okay.

      Now, if the Chinese buy Chrysler, then it will be unteresting to see what happens with the UAW. My guess is that the Chinese waste no time getting rid of the union.

      1. ffbj says:

        Good Call! It looks like they are in talks, Fiat, with the Chinese.

        1. ffbj says:

          http://nypost.com/2017/08/21/chinese-auto-giant-interested-in-buying-fiat-chrysler/

          Btw Fiat/Chrystler is one company, though they, the Chinese, just might try to buy pieces of it, specific vehicle types.

  2. Don Zenga says:

    China started the January with 6,000 sales and they quickly accelerated to 56,000 sales by July. Sweet news.

    Rate of 251,000 in 7 months leads to 430,000 in 1 year. Hope the same rate of sales will lead them to 500,000 mark which will also take Worldwide sales to 1,000,000 mark.

  3. cab says:

    Although 382 isn’t a huge for the Velite (aka Volt), to put that into perspective, they would have been # 13 (of what, 38 or so plug-ins?) in the U.S. sales chart for July with that number.

    Of course to put it in REAL perspective…CHINA is the REAL EV leader. I mean sheesh, BYD produced more plug-in cars last month for sale there than most other manufacturers have sold here in the U.S. all year! Who would have thunk it – China, the big gross polluter, leads the way. I wonder how much of their motivation is about being “green” vs. just being a world economic dominator in the EV space…wait, I guess they are both about the “green”.

    1. ffbj says:

      Having large sections of your industrial areas plagued by poisonous air does give incentive to go ev.

      Though if you are using per/capita then Norway is the leader, and if using innovation and quality as a measure then that would be Tesla.

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