China New Energy Vehicle Production Soars Upwards Again

MAR 15 2019 BY GASGOO 13

Just keeps on increasing.

For the first two months in 2019, China’s new energy passenger vehicle (PV) wholesale volume surged 132% from a year ago to 141,958 units, among which the Feb. sales reached 50,783 units with a sharp year-on-year (YoY) growth of 74%, according to the data released by the China Passenger Car Association (CPCA).

Last month, the BEV sales in China soared 105% over the previous year to 38,609 units, accounting for 76% of total new energy PV sales. To be specific, the sales of all-electric cars and SUVs significantly shot up 64% and 579% year on year respectively to 28,401 units and 10,207 units. However, there was only one pure electric MPV sold in February with a steep YoY decline of 83%.

Plug-in hybrid vehicle (PHEV) sales in February amounted to 12,174 units, climbing 18% over the year-ago period. Of that, the car and SUV sectors took up 42% and 58% of total PHEV sales.

Regarding the Feb. performance of each segment for BEV market, the A00- and B-segment sales slid 35% and 50% respectively from the year-ago period to 11,826 units and 3 units. However, the A0- and A-segment achieved tremendous YoY surge of 480% and 819% with 5,667 units and 20,458 units sold.

The B-segment vehicle was quite popular in PHEV market. Last month, there were 5,327 B-segment PHEVs sold with a marvelous YoY growth of 1,750%, accounting for 44% of total PHEV sales. Meanwhile, the A- and C-segment PHEV sales reached 6,508 units and 339 units respectively.

China Feb. new energy PV sales, China Feb. BEV sales, China Feb. PHEV sales, China automotive news

The Geely Emgrand EV was crowned the champion new energy PV model by Feb. wholesale volume. The sales of the JMC E200S edged down 3.2% year on year, ranking sixth on the list. Besides, the Dongfeng Fengshen E70 entered the top 10 list in February with a striking YoY leap of 4275.9%.

China Feb. new energy PV sales, China Feb. BEV sales, China Feb. PHEV sales, China automotive news

As to the year-to-date (YTD) sales, BYD gained three places of the top 5 models, namely, the BYD Yuan EV, the BYD e5 and the BYD Tang DM. The BAIC EU Series boasted a spectacular YoY growth of 2352.8%, topping other models included the top 10 list.

Source: Gasgoo

Categories: China


Leave a Reply

13 Comments on "China New Energy Vehicle Production Soars Upwards Again"

newest oldest most voted

The surprising thing about these numbers is that none of the models are being produced in 4000+/month volumes (yet).

It would also be cool if there were comparisons between these cars and EVs available elsewhere. I only remember seeing the Korean test of the Model 3 against a BYD and one other car (maybe a NIO?). I still think we should pitch in and send Bjorn Nyland to China to send back some reviews.

Yeah, let him spend a month testing all – from the dirt cheap, to the best they offer.

Doubling year-on-year… again. It really isn’t going to take long for China to go 100% EV, is it?

And yet for some reason, there are people out there who keep insisting that there will be no demand; that it’ll plateau or even drop off a cliff.

They still have the worlds largest gasser market. But they’re getting there for sure.
The problem is you can buy a small ICE car really cheap. I tested one a few years back, one that was super cheap. I only drove it for 40-50 minutes – but the price was cheaper then a Yamaha 125cc motorcycle in Norway.
It had 5 seats, AC, one airbag and a steering wheel. Basically what I need in a car to go to and from work. The engine was economical, since the car was light, and the engine small.

As batteries and power electronics gets cheaper, EVs in China will be even cheaper.

From what i understand, registration of an ICE in a Chinese city is next to impossible or super expensive making the EV the more practical choice.

CATL and BYD have reached pack energy density of 160 wh/kg, the same level as model 3. CATL also has a 180 wh/kg coming up this year.

Does this include the inverter?

Because the M3 is at 160 with the inverter included.

No. By chinese standard Tesla Model 3 has a pack energy density of almost 169 Wh/kg, CATL will be supplying 171 Wh/kg pack to GAC Group in the second quarter and they are claiming a 180 Wh/kg by the end of this year. Meanwhile, BYD, the second largest Chinese battery producer, is aiming at 191 Wh/kg by the end of year, but it seemed unlikely. But I’m positive that pack energy density will reach 190 Wh/kg sometime next year.

Yikes that is some rapid change. I would worry about design problems, given that it isn’t unusual to see a 3-5 year time frame from design concept/change to commercial production of a battery.

I bet they are skimping on thermal management. That takes up a lot of room on Tesla packs.

January must be a very big selling month in China, considering the differences between the February numbers and the January-February numbers. If you compare Chinese numbers to US numbers, Tesla Model 3 is still the best selling car, but there are a lot of Chinese models that sold more than the Clarity or Prius Prime.

Jan-feb are slow months in china. Steady state is typically double those with a tripling in Nov-Dec

Looks like January is a slow month there as well so this might suggest substantial increase in EV sales for 2019. They could hit over 2 million. At the current rate of 70% annual increase they could restructure their entire car market towards EVs by 2024.

Keeping in mind that their EV market is not just a single car maker like it is in the US (other than Tesla there’s almost no growth in the US), it’s quite likely that China will have over 50% EVs in sales during the first half of next decade and that is a major portion of the global market (over 10%).

That sort of industry will give them substantial capabilities in modern transportation technology so we might end up driving a lot of Chinese cars in the 2030s..