日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Motoring

Car sales accelerate in March

BYD snatches back No 1 spot in intense competition among nation's NEV makers

By LI FUSHENG | China Daily | Updated: 2024-04-08 10:04
Share
Share - WeChat
Employees inspect new energy vehicles on the assembly line of Li Auto's workshop in Changzhou, Jiangsu province, in December. [CHEN WEI/FOR CHINA DAILY]

Many carmakers saw their March sales rise in China, fueled by the popularity of new energy vehicles and amid fierce competition that analysts expect to continue throughout the year.

BYD reclaimed its best-selling carmaker title in March. The comeback after a hiatus of two months was down to the increased number of working days in March compared with February, which included the weeklong Spring Festival holiday this year, and also the launch of cheaper models that started in February.

BYD delivered 302,500 vehicles last month, up 46.06 percent year-on-year. They brought the Q1 sales of the carmaker backed by Warren Buffett to 626,300 units, a 13.44 percent rise from the same period of 2023.

Chery, which was the sales champion in February, delivered 181,585 vehicles in March, which marked a 45.3 percent rise from the same month of 2023. Its Q1 sales rose more than 60 percent year-on-year to 529,604 units.

The carmaker, based in Wuhu, Anhui province, has been accelerating its transition toward electrification, especially in the segment of plug-in hybrids that has seen faster growth than pure electric vehicles.

Geely Auto, which owns namesake Geely as well as Lynk & Co and Zeekr, saw its March sales grow 39 percent year-on-year to 150,800 units.

The carmaker delivered 475,700 vehicles to buyers in Q1, up 49 percent year-on-year. Of them, 87,000 were sold outside China.

NEVs and overseas markets are also driving up Great Wall Motor's performance. As China's largest pickup and SUV maker, GWM sold 100,276 vehicles in March, up 11 percent year-on-year. Its Q1 deliveries stood at 275,333 units, up 25.11 percent from the same quarter of 2023.

Though the growth figures were not as impressive as other major carmakers, a breakdown shows that GWM's NEV sales soared 66.34 percent year-on-year to 21,882 units in March. Their deliveries surged 112.82 percent year-on-year to 59,182 units from January to March.

In overseas markets, GWM's Q1 sales stood at 92,778 units, up 78.51 percent year-on-year and accounting for a third of the carmaker's total deliveries in the quarter.

At a Thailand auto show in late March, the carmaker showcased models from its marques including Poer, Haval, Tank and Ora.

GWM is the first Chinese automaker to produce NEVs in the country. In addition to the Thai market, the company is considering exports to other Southeast Asian countries.

Of the startups, Aito codeveloped by Huawei and Seres sat atop the list in March. It delivered 31,727 vehicles that month, up 33 percent from February.

Aito's popularity comes primarily from its bond with Huawei, which boasts leading driving-assist solutions.

Li Auto followed with 28,984 units. That represented a 39.4 percent rise, but fell short of the startup's goal of seeing its monthly sales return to 50,000 units, primarily because of negative comments that went viral over the styling of its electric Mega MPV.

Nio, known for its customer loyalty and battery-swapping technology, sold 11,866 units in March, up 14.3 percent year-on-year and 45.9 percent from February.

The startup has been cutting its prices in different ways including subsidies for trade-ins from gas car owners. It also plans to roll out models under its more affordable brand, Onvo.

The China Passenger Car Association estimates that wholesale NEV sales would stand at 820,000 units in March, up 33 percent year-on-year and 84 percent month-on-month.

Cui Dongshu, secretary-general of the association, expects the price competition to go on throughout this year because carmakers are trying to gain a firmer foothold in the second half of the NEV race, which is shifting focus from electric powertrains to smart driving features.

In addition, authorities are coming up with favorable policies to boost vehicle sales. Earlier this month, the country's central bank and the National Financial Regulatory Administration released a plan to relax the loan ratios for personal vehicle purchases.

Financial institutions can independently determine the upper limits of loan ratios for gasoline cars and NEV purchases, according to the plan.

Currently, the highest loan ratios for personal gasoline car and NEV purchases stand at 80 percent and 85 percent, respectively.

Financial institutions are encouraged to step up innovation in financial products and services to adapt to the trade-in of vehicles as well as other new scenarios, and better support the demand for automobile consumption, said the plan.

In March, the State Council released a plan to encourage trade-ins. Carmakers including Nio and Chery and local authorities in many cities have offered subsidies up to thousands of yuan per vehicle to encourage drivers to place orders.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 免费在线一区二区三区 | 日韩欧美一区二区三区不卡在线 | 久草久视频| 国产精品a在线观看香蕉 | 欧美日韩精品国产一区二区 | 久久久久女人精品毛片 | 亚洲精品第一综合99久久 | 欧美妇乱xxxxx视频 | 日本高清无卡码一区二区久久 | 精品国精品国产自在久国产应用 | 久久99精品视频 | 高清一区二区 | 国产成人精品影院狼色在线 | 国产精品毛片久久久久久久 | 欧美成年性h版影视中文字幕 | 亚洲视频欧美 | 成人不卡视频 | 亚洲成人精品在线观看 | 亚洲狼人综合干 | 国产精品小视频在线观看 | 韩国女主播青草在线观看 | 天天躁天天碰天天看 | 免费一级毛片麻豆精品 | 欧美a级成人淫片免费看 | 免费看欧美成人性色生活片 | 日本欧美一二三区色视频 | 国产午夜免费福利 | 国产成人av免费观看 | 国产精品免费一级在线观看 | 91视频在线观看 | 日本黄色大片免费看 | 96精品专区国产在线观看高清 | 一区二区视频在线 | 91久久精品国产 | 亚洲自拍另类 | 性做爰片免费视频毛片中文ILO | 狠狠草视频 | 一级毛片免费视频 | 精品视频在线播放 | 高清不卡一区二区 | 韩国男女无遮挡高清性视频 |