Wednesday, September 27, 2017

China August 2017

Image result for BAIC EC

Record Month

A record 55.000 new passenger EV's were registered last month in China, with the market growing 68% regarding the same month last year and pulling the YTD count to over 282.000 units, up 45% YoY.

As consequence of all this, the PEV market share grew once again, this time to 1.8%, now firmly ahead of last year record (1.5%), as sales are expected to grow even further until the end of the year, the Chinese PEV market is sure to surpass the 2% share by year end, maybe even reaching 2.5%.

This is still a highly protected market, where 94% of sales belong to domestic brands. Of the 7% left for foreign brands, 4% belong to Tesla, 1% to BMW, and the remaining 1% divided by all other auto makers.

In August, small city cars were all the rage, with the EC-Series winning the best-selling award, with over 6.700 deliveries (A new record), beating the Zhidou D2 EV, while the Kandi K17 joined this month Top 5.


Here’s August Top 5 Best Selling models individual performance:

Image result for white BAIC EC180
#1 – BAIC EC-Series: A consistent seller this year, the BAIC EC-Series, formerly known as EC180, sold 6.726 units in August, a new all-time record for a single model in China, with the little city EV deliveries surging last month, owing its success to a trendy design, reminding that of a Crossover, improved specs (Now with 200 kms range) and competitive price (19.000€). Will it be enough to win the 2017 Best Seller award? If it happens, it would be a first for BAIC and the first time since 2013 that a BYD wouldn’t win the trophy.

 Image result for white Zhidou D2 EV
#2 – Zhidou D2 EV: Bare-basics city vehicle that doesn’t inspire anyone, but continues to be delivered in record quantities (5.018 units in August), probably due to big fleet deals. This vehicle is sold as a Quadricycle (Think Renault Twizy) in some European countries, with the following specs: 12 kWh battery, 120 kms range, 90 kms max. speed, all this for some 16.000€.

Image result for white BYD Song PHEV
#3 – BYD Song PHEV: This is BYD’s “Model Y”, a VW Tiguan-sized SUV, here in plug-in hybrid version (The BEV had 1.200 deliveries last month, its second full sales month), it registered 4.194 units, dropping some 900 units regarding the previous month. Production constraints or is demand fading? I believe the full potential of this version should be around 5-6.000 units/month, adding some 3-4.000 units from the BEV version, and should be enough to have the Song to the tune of 10.000 units/month, both versions counted.

Image result for white Geely Emgrand EV
#4 – Geely Emgrand EV: Geely’s sedan had a year best performance in August, with 4.114 units registrations. Improved specs (300 kms range) and equipment without hurting too much the final price (29.500$), helped it to pull sales up, but it remains to be seen if it will be able to match its personal best, achieved last December (6.023 units).

Image result for white Kandi K17
#5 – Kandi K17: The five door Kandi delivered 3.213 units in August, allowing it to reach the Top 5. A popular choice among car-sharing companies, for 24.800$ before incentives, you get a fairly spacious city car (Think Renault Zoe-sized), with the 20kWh battery providing enough range, with the major drawback being the weak engine (48 hp).

 Image result for saic roewe erx5
  
YTD Ranking – Beijing Auto EC-Series back at Number One

The big news was of course the BAIC EC-Series returning to the top spot, but the last place of the podium also changed hands, with the BYD Song PHEV climbing to Third, being at the same time the Best Selling SUV and PHEV in the ranking.

The Geely Emgrand EV jumped to Fifth Place, while the Roewe eRX5 PHEV stumbled to #8, scoring its worst result since February (1201 units), being inclusively outsold by its just arrived BEV sibling (1580 units). A case of internal competition?

One thing is certain, the BEV Roewe eRX5 is one mighty opponent, and not just for its PHEV sibling.

A reference for the Kandi K17 surging to #13, while the BYD Qin PHEV returned to the Top 20, thanks to 2178 deliveries, its best result in 11 months, making it five BYD’s in the Top 20.

Looking at the manufacturers ranking, BYD (20%, down 1%) is stable its position at the Throne, keeping the previous leader BAIC (15%, down 2%) at a safe distance.

In Third Place we have Zhidou, with 10% share, with SAIC in its tail (9%), with the Shanghai-based manufacturer aiming to surpassing it soon, in its bid to become the Third of China’s “Big 3 PEV” club.

  
Pl
China
August
YTD
%
1
BAIC EC-Series
6726
28733
10
2
Zhidou D2 EV
5018
27507
10
3
BYD Song PHEV
4194
16101
6
4
BYD e5
2093
15865
6
5
Geely Emgrand EV
4114
13811
5
6
JAC iEV6S
2603
12703
4
7
Chery eQ  
2245
12114
4
8
SAIC Roewe eRX5 PHEV
1201
12012
4
9
Changan Benni EV   e)
2122
9831
3
10
BYD Tang
860
9339
3
11
JMC E100
1147
8724
3
12
Zotye E200
866
8096
3
13
Kandi K17   e)
3213
8018
3
14
BAIC EU-Series
1196
8010
3
15
Tesla Model S   e)
700
5995
2
16
Tesla Model X   e)
1000
5664
2
17
JMC E200
809
5047
2
18
Zotye Cloud EV
114
4880
2
19
BYD Qin EV300
256
4518
2
20
BYD Qin PHEV
2178
4166
1
Others
12165
61566

TOTAL
54820
282700



9 comments:

  1. And it's a 2.92% market share for the month !
    Quite nice.
    Ciao

    ReplyDelete
  2. You are probably already tracking it but Denmark pulled in a great month. It's finally at 1% again ( at least for the month) pretty much thanks to the Zoe. Do you think it's a fleet deal or will Denmark finally make a comeback?

    ReplyDelete
    Replies
    1. Considering it was all thanks to one model, i would guess it was a fleet deal, probably from a car sharing company.

      Let's hope better days come soon for the Danish EV market.

      Delete
  3. Something must have really gone wrong for BYD this year as it looks like they are heading for not much over 100,000 sales this year when they were aiming for 200,000. It can't all be down to the problems at the start of the year.. is it more competition? Also their production of models jumps around a lot so they sold over 2000 Qin PHEV's this month but have only sold 4,000 ytd so was this this a huge fleet deal? It's very difficult to figure out the lack of consistency of sales for the older models.

    ReplyDelete
  4. I think price for Zhidou D2 EV is not correct.
    It is more cheaper after subsidies in china.
    Becous of this it is so popular in china
    details:
    https://carnewschina.com/2015/06/24/zhi-dou-d2-ev-hits-the-chinese-auto-market/

    ReplyDelete
  5. As much as I like BYD I think there days of dominating Chinas EV sales will be coming to an end...
    They were the only real EV game in town for the last 5 years but now there is competion and they have missed their mark going for luxury and performance along with ICE, PHEV and BEV versions of cars...
    When they look back I think they will wish thwy went for value and they dont have the volume of other Chinese and foreign auto China manufactures...

    ReplyDelete
  6. any news on New Zealand?

    ReplyDelete
    Replies
    1. Will make a September edition, but i can say in advance that numbers remain positive, with Tesla and Hyundai shaking the market.

      Delete
  7. That's one good looking table Jose :)
    Thanks for another great article.

    ReplyDelete