echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > Signs of recovery in the automotive industry show that new energy vehicles will continue to contribute to the increase

    Signs of recovery in the automotive industry show that new energy vehicles will continue to contribute to the increase

    • Last Update: 2022-04-10
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    "Golden Nine and Silver Ten" is regarded as the traditional peak sales season in the auto market.



    Specifically, in September, automobile production and sales reached 2.



    As of the end of September, automobile production and sales have been increasing for six consecutive months, and the growth rate of sales has remained above 10% for five consecutive months.



    "The recovery of the auto market has reached a relatively good level at present, and will continue to maintain a mild recovery trend in the future.



    He further pointed out that as far as the recovery period is concerned, it may last until the first half of next year, especially the recovery trend in the first half of next year will be more obvious.



    Zhang Jing, chief writer of Daily Kanche, told the question: "Due to the impact of the epidemic, the market currently holds two different views on the future trend of the auto market.



    In Zhang Jing's view, the performance of the auto market in September may be slightly worse than that of last year, but it has basically been flat.



    "However, in the short term, the market should maintain confidence in the overall auto market, especially with the support of policies, the auto market will usher in many development opportunities, such as new energy vehicles, there will be a lot of room for growth.



      According to the statistical analysis of the China Association of Automobile Manufacturers, the production and sales of new energy vehicles in September exceeded 130,000, reaching 136,000 and 138,000 respectively, up 28.
    9% and 26.
    2% month-on-month and 48.
    0% and 67.
    7% year-on-year.


      Among the main types of new energy vehicles, the production and sales of pure electric and plug-in hybrid vehicles both showed rapid growth month-on-month and year-on-year, and the growth rate was significantly higher than last month.


      Haitong Securities issued a research report that said that in September, the production and sales of new energy vehicles increased significantly month-on-month and year-on-year, and the "Golden Nine" was in perfect condition.
    At the same time, both production and sales have reached a record high, marking that the new energy vehicle sector has returned to the growth track.
    With the gradual decline of subsidies and the subsequent introduction of relevant support policies, it will further guide new energy vehicles into the track of sound development, from the mid to long Look, new energy vehicles will continue to contribute to the increase.


      In terms of the performance of individual companies, Xiaokang shares recently released a production and sales bulletin showing that in September, the production of new energy vehicles was 1987, an increase of 667.
    18% year-on-year; the sales volume was 2,177, an increase of 2191.
    58% year-on-year, and the growth rate of production and sales showed rapid growth.


      In addition, the “domestic first brother” Changan Automobile has also accelerated its efforts in new energy vehicles in recent years.
    According to the relevant person in charge, the company’s new energy products Yidong EV460, Benben E-Star, CS15E-Pro, CS55E-Rock and other models have been listed.
    Multiple market segments such as compact cars, small SUVs, and compact SUVs.


      "Changan Automobile will also use the'Shangri-La Strategy' as its strategic plan to build three new product vehicle platforms, and realize the electrification of the full spectrum of products by 2025.
    " Changan Automobile's relevant person in charge further stated.



    Transfer from: Securities Daily Network

      [Copyright and Disclaimer] All copyrighted works belonging to this website must be authorized when reprinting and indicate the source "China Industrial Economic Information Network".
    Offenders of this website will reserve the right to pursue relevant legal responsibilities.
    Any reprint of articles and corporate publicity information only represents the author's personal views, and does not represent the views and positions of this website.
    For copyright matters, please contact: 010-65363056.


    Further reading

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.