Passenger Federation: Passenger car sales in January 2022 were 2.092 million units and new energy passenger vehicle sales were 347,000 units.

On February 14, according to the Passenger Vehicle Market Information Joint Conference, the retail sales of passenger vehicles in the narrow sense was 2.092 million units in January, a year-on-year decrease of 4.4% and a month-on-month decrease of 0.6%. The overall trend was good.

Among them, the retail sales of new energy passenger vehicles was 347,000 units, a year-on-year increase of 132% and a month-on-month decrease of 27%. In January, the retail penetration rate of new energy vehicles in China was 16.6%, an increase of 10 percentage points from the same period last year.

From the perspective of car companies, the China Passenger Car Association said that there are 11 companies with wholesale sales of more than 10,000 vehicles, including BYD, Tesla China, SAIC-GM-Wuling, Chery Automobile, Geely Automobile, GAC Aian, and SAIC Passenger Cars. , Great Wall Motors, Xiaopeng Motors, Ideal Motors, and Nezha Motors, compared with 5 in the same period last year.

Nearly half of the new energy vehicle sales in January came from BYD and Tesla. BYD sold 93,100 vehicles, consolidating its leading position in new energy with pure electric and plug-in hybrid drives; Tesla sold 59,800 vehicles in China and exported 40,500 vehicles; SAIC, GAC and other traditional car companies are in the new energy sector There are also outstanding performances.

Recently, a number of new energy vehicle companies have faced certain cost pressures due to declining subsidies and skyrocketing raw material prices. The China Passenger Car Association judged that car companies have the ability to defuse the pressure, and the market price of new energy vehicles is not expected to rise sharply. In the long run, the China Passenger Car Association predicts that the new energy vehicle market will maintain rapid growth in 2022.

Regarding the recent increase in the price of new energy vehicles, the China Passenger Transport Association believes that, on the one hand, as the subsidy technical indicators remain unchanged in 2022, and the integration technology of batteries and vehicles is improving, new energy vehicle products are expected to increase battery energy density and reduce 100-kilometer power consumption. Technical indicators such as consumption can obtain better subsidy support. On the other hand, new energy vehicle companies can reduce manufacturing costs through scale advantages, and improve cost pressure through measures such as improving battery performance and diversifying suppliers to achieve growth.


Post time: Jan-12-2023