February's car sales market situation this year.

Translation in English Markdown

Author: Zhu Yulong

Today I saw some interesting sales data (the source is still unknown). According to this data, the total quantity of new energy vehicles in February was 238,900 (180,400 pure electric and 58,500 plug-in hybrid), and the traditional passenger cars were 843,300. This penetration rate is not low.

Personally, I think the real test will be in the next few months, maybe even in April and May, whether the consumption of cars and new energy vehicles can withstand the rise in oil prices and car prices.

Note: From the weekly data, we can see the overall recovery of consumption demand. The graph below shows that the foundation of new energy vehicles is becoming stronger and stronger.

▲ Figure 1. The rise of new energy vehicles from 2018 to February 2022

Weekly Data Situation

From the recovery situation in February, the weekly data of fuel vehicles has reached 268,800, plus 20,000 for hybrid vehicles, the overall weekly data for fuel vehicles is 288,800. As the traditional off-season, this data indeed cannot represent much.

In addition, this data is similar to the weekly data in August last year during the shortage of chips.

▲ Figure 2. The situation of four weeks in January and February 2022

The most surprising thing is that in the fourth week of February, the data for pure electric vehicles exceeded any week in January. This data shows the urgency of car manufacturers in delivering at the end of the month. Relatively speaking, the delivery of plug-in hybrids will be slightly slower, and there is still a gap between the peak in the fourth week of February and the peak in January.

▲ Figure 3. The rise of weekly data for new energy vehicles in January and February 2022

After carefully analyzing this data, I am not too worried about the mid-to-high-end demand for new energy vehicles.

Situation of Different Brands and Models

We are most concerned about the recovery of the new forces. Both XPeng and Ideal are quite outstanding, reaching more than 3,000 in the fourth week, while Nio is at 2,500. It seems that the volume of Zero Run and Naje has been affected by price increases, as shown in the following figure.▲Figure 4. Recovery of New-Automotive-Industry Vehicles

Tesla as a whole sold 3,931 Model 3 cars in the fourth week and 9,724 Model Y cars, with the monthly data exceeding 20,000 cars.

▲Figure 5. Tesla's Performance

Among the companies we are concerned with, BYD has already returned to its previous good state, rising from 21,470 cars in the third week to 26,738 cars in the fourth week, while Wuling’s overall monthly sales are now approximately 9,000+. Chery is still making a push and Changan and ora have clearly slowed down the pace overall. Eon seems to have not been particularly strong in delivering. Volkswagen sold 3,879 cars in a single week, and the company is still working hard to maintain its volume this year.

 ▲Figure 6. Traditional Strength Enterprises

I think that the overall data for February is of little significance because no one sells cars during one week of the Spring Festival. We should focus mainly on the situations in the third and fourth weeks. Overall, the confidence in new-energy vehicles as a whole is still quite good. Of course, there must be differentiation here, and each company may have very different ideas.

▲Figure 7. Volkswagen's ID Series

Looking at the data for BYD, the main competitive focus this year is still on the DM-i series of PHEVs, and several BEV models include the Dolphin, Han EV, Yuan Plus, and Yuan EV. Price hikes still pose overall pressure, but there is an objective demand for plug-in hybrids in the context of high oil prices.

▲Figure 8. BYD's Core Models

Conclusion: Based on the current data, the current price pressure has some impact on new-energy vehicles, but the distribution is uneven. The attitudes of each company towards going forward are differentiated. Currently, we can confirm that there are two tracks for PHEVs and EREVs, and the benefits this year are significant. How strong pure electric vehicles can become objectively requires us to take another look at next month’s situation.

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  • 根据原文意思进行改动,力求语法通顺、表达清晰、语气得体;
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Markdown 翻译参考

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Markdown

<div class="main">
  <h1>优秀的 Markdown 翻译家怎样做?</h1>
  <p>作为一名 Markdown 翻译家,需要注意以下事项:</p>
  <ul>
    <li>熟练掌握 Markdown 语法和 HTML 标签的对应关系;</li>
    <li>注意段落和标题的使用,确保文章结构清晰;</li>
    <li>确认文本的格式,特别是列表、表格等复杂结构的处理;</li>
    <li>根据原文意思进行改动,力求语法通顺、表达清晰、语气得体;</li>
    <li>对于专业术语,如车型、引擎等,要注意术语的准确性和常用性。</li>
  </ul>
  <p>做好以上几点,就可以成为一名优秀的 Markdown 翻译家了!</p>
  <hr>
  <h2>Markdown 翻译参考</h2>
  <p>下面是一些 Markdown 翻译参考,供大家参考:</p>
  <ul>
    <li><a href="https://www.zybuluo.com/mdeditor">Markdown 在线编辑器</a>:在线查看和编辑 Markdown 文本;</li>
    <li><a href="https://www.markdown.xyz/">Markdown 规范</a>:Markdown 语法规范;</li>
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  </ul>
  <p><img src="https://i.loli.net/2020/03/20/IEaJSZjhmK86Os5.png" alt="Markdown"></p>
</div>

This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.