China Auto Association: new energy vehicle production rose to 4.2 million year on year increase of 82% in August

2016/09/09 Industry News Aodi

(Summary) In August, the production of new energy vehicles reached 42,000 units, with a sales volume of 38,000 units,increased of 81.5% and 92.2% compared with the same period of last year. Pure electric passenger cars still account for more than 50% of the total sales volume and 23,000 and  2.2 million units respectively. Besides, plug-in passenger cars and pure electric commercial vehicle's production reached 9,000, accounting for 21% of total output.

 New energy vehicle production and sales experienced a sustained rise in the first half year,  after a slight declinein July,  rose to 40,000 or so levels in August. According to the Automobile Association statistics, it produces 42,000 new energy vehicles  in August, sales of 38,000, the chain increased by 11% and 6%, compared with growth of 81.5% and 92.2% over the same period last year.

 From the monthly production trend, pure electric vehicle production in July showed a 19% increase, plug-in models are basically consistent with the production data of July. Pure electric vehicle production and sales were completed 32,000 and 28,000 units, respectively, year on year growth of 114.8% and 106.4%; plug-in hybrid vehicle production and sales are completed 10 million, respectively, year on year growth of 23.1% and 61.0%.

 

It is noteworthy that the first half of this year, the monthly production and sales gap remained at less than 2000, while the August production and sales of new energy vehicles reach a difference of up to 4000 (output higher than sales). Segment to see, in August it was undoubtedly affected by the larger sales of pure electric commercial vehicles, output higher than sales of 3,000. (Related: Ministry of Finance informed the list of new energy vehicles cheated! Jim West / Suzhou Jinlong exposure of five typical cases).

 In proportion, the pure electric passenger cars still occupy more than 50% of the share of production and the sales were up to 23,000 and 22,000, followed by plug-in passenger cars and pure electric commercial vehicle production, reached 9,000, accounting for the total Production of 21%, plug-in commercial vehicle production and sales are 2000, accounting for relatively small.

 

Cumulative, according to the Automobile Association statistics, new energy vehicles produced 258,000, sales of 245,000 from January to August, respectively, over the previous year increased by 111.0% and 115.6%. Of which pure electric vehicle production and sales were completed 194,000 and 181,000, respectively, over the previous year increased by 145.5% and 147.4%; plug-in hybrid vehicle production and sales were completed 64,000, respectively, over the same period last year increased 48.2% and 58.1%.

Accounting for 51%; pure electric commercial vehicles and plug-in passenger cars sale 5.7 million, accounting for 23%; plug-in commercial vehicle sales of 7,000 vehicles , accounting for 3%.

 

Traditional fuel vehicles, China's automobile production and sales chain picked up year-on-year growth in August , by the same period last year, lower base effect, production and sales year on year growth rate exceeded 20%. Production and marketing's rate reaches 104.1% this month, business inventories reduced.

In August, automobile production and sales respectively completed 1.99 million units and 2.071 million units, increased 1.6% and 11.8% respectively over the previous month, 26.6% and 24.2% up respectively over the same period of the previous year, 35.0% and 27.2% higher than the same period of last year. January-August automobile production and sales were 16.846 million and 16.755 million, respectively, over the previous year increased by 10.8% and 11.4%, higher than the same period last year 11.0 and 11.4 percentage points.

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