On November 9th, the China Passenger Car Association released an analysis of the national passenger car market in October.
In October, the wholesale sales of new energy passenger vehicles exceeded 144,000, a year-on-year increase of 119.8% and a month-on-month increase of 15.9%.Among them, the sales of plug-in hybrid vehicles were 23,000, a year-on-year increase of 58.6%, and the wholesale sales of pure electric vehicles were 121,000, a year-on-year increase of 137.2%. In October, the new energy passenger vehicle market was diversified. The companies that sold more than 10,000 vehicles included 29,711 SAIC-GM-Wuling, 22,395 BYD, 12,785 SAIC passenger vehicles, and 12,143 Tesla China.
In pure electric vehicles, the A00 class accounts for 42% and the B class accounts for 21%. The further differentiation of the model level under the current new energy sales scale also reflects to a certain extent the diversification of new energy vehicle companies in adapting to the needs of hierarchical cities Efforts to find a usage scenario that can impress users is expected to open up a small segment of the blue ocean market, which poses a higher challenge to the car companies' market foresight and product planning capabilities.
In October, 40,000 ordinary hybrid passenger vehicles were wholesaled, an increase of 39.0% year-on-year.