【Haichuan Teahouse】China’s new energy vehicle fleet exceeds 10 million units
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On July 6, data released by the Ministry of Public Security showed that as of the end of June 2022, the total number of motor vehicles in the country reached 406 million, of which 10.01 million were new energy vehicles, accounting for 3.23% of the total vehicle count. In the first half of this year, 2.209 million new new energy vehicles were registered, which is 1.106 million more than the number registered in the first half of last year, representing a growth rate of 100.26% and setting a new historical record.
Recently, Chery Group released its sales figures for June. The data shows that the group sold 105,005 new vehicles in June, a 43.6% increase compared to the previous year; among these, 22,849 were new energy vehicles, representing a 183.3% increase on a year-on-year basis.
According to statistics for the first half of this year, from January to June, Chery Group sold a total of 475,250 vehicles, representing a 12% increase compared to the previous year. Of these, 148,000 were exported, and 112,000 were new energy vehicles, with both figures reaching new record highs.
According to reports on July 8, Great Wall Motors released its production and sales figures for June. In that month, the company sold 101,200 new vehicles, representing a 26.38% increase on a month-on-month basis, with a slight 0.52% rise compared to the same period last year. In the first half of the year, the total number reached 518,500 units, a decrease of 16.12% on a year-on-year basis. Of these, 12,680 new energy vehicles were sold in June, with a cumulative total of 63,590 units sold from January to June. At present, Great Wall Motor’s sales of new energy vehicles come primarily from the ORA brand, with 11,516 units sold in June. However, WEY, another new energy vehicle brand under Great Wall Motors, performed poorly, with a year-on-year decline of 38.67%; only 2,887 units were sold in June, representing an increase of just 367 units compared to May
From January to June, the cumulative retail sales of new energy passenger vehicles in the domestic market reached 2.248 million units, a year-on-year increase of 122.5%, showing a \"W-shaped\" trend. In June, domestic retail sales of new energy passenger vehicles reached 532,000 units, a year-on-year increase of 130.8%. The market penetration rate was 27.4%, up 12.8 percentage points from 14.6% in the same period last year.