China Passenger Car Association: 92,000 new energy passenger cars were sold in May, with BAIC New Energy, BYD and SAIC taking the top three spots

On June 8, the China Passenger Car Association released manufacturer data showing that sales of new energy passenger vehicles reached 92,000 units in May 2018, up 30% from April and 1.4 times year-on-year. Among them, A00-class electric vehicles sold 449.26 million units in May, up 141% year-on-year, accounting for 57% of pure electric passenger vehicles, down 8 percentage points from May 2017, but still the largest market.

In terms of power, a total of 73,072 pure electric passenger cars were sold in May, a year-on-year increase of 130%; 19,161 plug-in hybrid passenger cars were sold, a year-on-year increase of 199%. Due to the low base of plug-in hybrid passenger cars, the growth of plug-in hybrids has been stronger than that of pure electric vehicles recently.

BAIC New Energy/BYD/SAIC ranked top three in monthly sales

Among automobile companies, BAIC New Energy regained the monthly sales championship from BYD and ranked first with sales of 19,632 units in May, a year-on-year growth of 201%; BYD ranked second with monthly sales of 13,543 units, a year-on-year increase of 54%; SAIC ranked third with monthly sales of 10,246 units, a year-on-year growth of 382%; Chery, Jiangling and Zhidou ranked fourth, fifth and sixth with monthly sales of 5,370, 4,534 and 4,368 units respectively.

The most outstanding car company this month was Haima Automobile, which ranked eleventh with monthly sales of 3,307 vehicles, but its year-on-year growth rate was as high as 1,085%, nearly 11 times that of the same period last year.

In terms of cumulative sales, BYD has won the sales champion so far with 55,434 vehicles sold from January to May, followed by BAIC New Energy, which ranks second with cumulative sales of 51,038 vehicles. Although the sales of BAIC New Energy and BYD are not much different, from the perspective of products alone, BAIC New Energy's product line is too single, mainly pure electric low-end models. As the growth momentum of the new energy market shifts from purchase restrictions and subsidy policies to market-driven, in the long run, if BAIC New Energy does not actively change its strategy, it will be difficult to return to the championship position.

SAIC ranked third with cumulative sales of 31,186 vehicles from January to May, a year-on-year growth of 183%. SAIC's overall performance this year has been quite impressive.

The top three pure electric models are BAIC EC series, Jiangling E200 and Baojun E100

In terms of specific models, for pure electric passenger cars, the top three in the sales list in May were BAIC EC series, Jiangling E200, and Baojun E100. Among them, BAIC EC series sold 12,624 units in May, a year-on-year increase of 224%; Jiangling E200 sold 4,534 units, a year-on-year increase of 654%; Baojun E100 sold 4,310 units in May. The top three best-selling models in May were once again occupied by A00-class models. A big reason is that May is the last full month of the transition period, and the favorable policies for A00-class models are coming to an end. Many manufacturers have significantly promoted A00-class models in May to catch up with the last train of A00-class subsidies.

In terms of plug-in hybrids, BYD continued to maintain its strong position, with BYD Qin and Song DM selling 4,496 and 3,268 units respectively in May; followed by the Shangqi model, Roewe eRX5, and Roewe i6, which sold 3,030 and 2,962 units respectively in May. The top three in the plug-in hybrid sales list this month were BYD Qin, Song DM, and Roewe eRX5.

Data from the China Passenger Car Association shows that from January to May this year, a total of 280,635 new energy passenger vehicles were sold, a year-on-year increase of 140%; among them, pure electric passenger cars sold a total of 207,416 units, and plug-in hybrid passenger cars sold a total of 73,219 units.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.