Plug-ins are on fire in China, having hit a record 235,000 registrations last month, bringing the year-to-date (YTD) total to 1.1 million units, a far cry from the 360,000 units this market was in 12 months ago. .
In terms of quota, June also had a record month, hitting 15% (12% of full electrics/BEVs). This pulled the share of 2021 down to 11% (9% BEV), and given that the second half of the year is typically the strongest in China, we can now safely assume that the country’s additional vehicle market share will end well above the 10% mark this year, The total turnover for the year will exceed 2 million deliveries!
Shortly after Europe, #EVDisruption arrived in China.
Looking at the June bestsellers, the top stories were BYD Qin Plus PHEV and Li Xiang One reaching the top five, while platform holders were the usual ones, with the Model 3 overtaking the Model Y this time.
Here are the top 5 best-selling models of June in more detail:
#1 – Wuling HongGuang Mini EV
With 29143 Recordings last month, the four-seater compact car continued to advance, not only winning another best-selling title, but also allowing it to win another Top-5 presence in the market as a whole. If the little Wuling continues at this pace, half a million degrees by the end of the year remains a potential for the small craft. Wuling EV has become a disruptive force in urban mobility, and it’s true EV for the masses, with the added bonus that the people who buy it (mostly female, mostly under 35) are usually hard to attract. This electric car has become a game-changer, but as in every success story, one wonders what impact replicas will have from the competition to match the little Wuling.
#2 – Tesla Model 3
The poster child for electric mobility was 16,514 Recordings last month, confirming that the sports sedan behaves in China like anywhere else, with bust boom Offers, where the last month of each quarter corresponds to bubble Months and the first month of the quarter busts. This happens because production of the Model 3 made in China is now being exported to Europe and the Asia-Pacific region, so the Model 3 made in Shanghai now behaves like those made in Fremont. However, looking at previous performances, one can say that the sedan has found its cruising speed in China, and works with the best mid-size markets in general, such as the BMW 3 Series or Toyota Camry.
#3 – Tesla Model Y
Record Tesla’s New Baby 11,623 Delivery last month, failed to set a record month in June. This may be one of the reasons for the release of the Standard Edition (SR). The cruising speed of the future mid-size crossover in China is a question mark. Although the Model Y may appear to have recently settled at around 12,000 units/month, one wonders how much extra volume the SR version adds to the current average. While, traditionally, SUVs/crossovers haven’t sold as much as their sedan counterparts in China, the truth is that the market is leaning toward higher riding bodies now, so the Model Y can surf the wave and sell the Model 3 by a margin.
#4 – BYD Qin Plus PHEV
BYD Qin has been the Chinese automaker’s bread and butter model for a long time, but in the past few years, it seems to have been swayed by the arrival of new, more competitive models. With this in mind, in 2018 BYD launched a new generation of its products Compress to medium volume The sedan, called the Pro, failed to achieve the success the company was expecting, so early this year it launched an updated version, the Plus, and surfing the wave of Han full-size sedan success, BYD went all in with the slightly smaller Qin Plus. In the case of the PHEV, this meant launching two versions, one with a lower-priced 8.5 kWh battery and a range of 55 km (34 mi) on the NEDC test cycle (which is very generous), and a top-class version with a battery 18.3 kWh and best-in-class NEDC range of 120 km (75 mi). Something new about this new generation is that the internal combustion engine mostly acts as a range extender, which improves efficiency. A model update added to the new PHEV specification (and LFP batteries…) changed the career of the BYD sedan, with the release of the PHEV version This is a record number of 9,269 records Last month. And if we were to add BEV versions to the count (number 14 in June, with 4,272 units), Qin would have 13,541 registrations… which is roughly the region of a Tesla Model 3.
#5 – Li Xiang Wan
Li Auto, the Chinese startup that lives in the shadow of the most media-friendly and all-electric NIO and Xpeng, is selling its products One The full-size SUV was a notable success, and in June it set another record 7713 units. This allowed it to reach the top 5 positions, and at the same time overtake BYD Han EV in the full-size category (although if we include the PHEV version in Han’s list, the big BYD still manages to hold the #1 position). Expect the full-scale SUV to continue to be a success, in part due to its unique powertrain offering. With a 41kWh battery with fast charging capabilities, it’s much more efficient than its PHEV competitors, like the BYD Tang PHEV, but on the other hand, it’s cheaper than similar full electric offerings, like the NIO ES8.
Looking at the June bestseller schedule, one can say that it was a record month, with 9 (!) models achieving record performance along with the aforementioned BYD Qin Plus PHEV and Li Xiang One, there is also mention of benchmark scores for the #12 Xpeng P7 (4,730 units), #15 Leapmotor T03 (4,029), #17 NIO ES6 (3,755), and #19 Hozon Nita V (3,533). Interestingly, all 4 models belong to Chinese start-ups … And if we add the benchmark score of No. 5 Li Xiang One and that of the Weltmeiter EX5, No. 23 with a record of 3258 units, the trend will become clearly visible – 6 start-up models have arrived Employment reached record levels in June. It’s clear that Chinese electric car startups are growing rapidly and gaining scale, with these six models alone registering 27,018 units in June, roughly equaling the market-leading Wuling Mini EV.
But the startups didn’t have the exclusive record performer, as BYD had 4 models on the table that hit new heights. Besides the already mentioned Qin Plus PHEV model, the elegant mid-size BEV-sedan twin scored 4,272 registrations in June, just in its third month on the market. Also, the #10 Song Pro PHEV (5450 units) and the #16 e2 hatchback (3,972 units) also set record scores.
Also worth noting is the Pocco Mei Mei, a competitor to the Wuling Mini EV that landed with 3,658 units, placing it at number 18 in June. This instant success is surprising, to say the least, so we’ll have to wait another two months to see if this recurs, or if it’s just a one-time thing. The other surprise in the lower half of the table is the return from Dongfeng’s obscurity. Fengshen E70 joined the table at number 20, thanks to 3,427 units, no doubt helped by the new 50 kWh battery version. That helped the vanilla-like sedan post its best performance since June 2019. But Dongfeng needs a new, attractive metal to truly reclaim its relevance in the electric vehicle market, and the current sedan lineup looks dated next to the current market’s best sales.
Under the top 20 models, we should mention the increased production of several models, such as the 2,881 units of the Hongqi E-QM5 full-size luxury sedan (and exotic looking), and the GAC Aion Y (2234 registrations in its third month on the market). Compact MPV (Yay! MPVs rule!) It appears headed for higher places. Additionally, Great Wall’s Ora Good Cat hatchback performed well at number 21, with a record 3,405 units, and the tiny Sol E10X continued to stand out, setting the record for fifth in a row with a record of 2,801.
Speaking of the Volkswagen Group galaxy, shipments of the Volkswagen ID.4 also reached a record 3,291 units, which wasn’t enough to join the table (better luck next month?) a decent record 1,685. So, we can already see that the larger SUV performs better in China than its smaller sibling, which would be a) a surprise and b) raises questions about why Volkswagen isn’t marketing its big SUV in North America and Europe.
The ID.6’s good start is a welcome sign for Volkswagen, as the car group really needs success stories in China. The German group has only 5% of the domestic plug-in market, less than half of its global competitor Tesla (12%) and far less than the current leader SAIC (25%).
Looking at the 2021 ranking, the top positions remained the same, with the first position change not appearing until seventh, with Li Xiang One climbing one position. BYD Qin Plus PHEV continued to jump from positions month after month, after jumping 5 big positions in June, to position 10. We expect it to rise more than 2 positions in the near future.
In the second half of the table, things were a lot more interesting, as the Leapmotor’s small T03 engine jumped into the 16th position, and now threatens the 15th position NIO EC6. Meanwhile, the other startup model, Weltmeister EX5, rose to No. 18.
We also have a new face in the top 20! BYD e2 joins the table at number 20, and we expect it to climb a few more positions soon.
Outside the top 20, we have another BYD about to appear on the table, with the SUV Song Pro PHEV in 22nd. So, we could have a fifth BYD on the table soon, but only if the good cat #21 Great Wall doesn’t get there first… .
Looking at the auto manufacturers’ ranking, the SGMW joint venture (18%, down 1 percentage point) is in the lead, while below it, BYD (14%, up 1 point) consolidates its position in second place ahead of Tesla (12)%, with a focus Shenzhen Automobile Manufacturer is now on a leadership position. Is it possible?
Under the podium, SAIC (7%) settled in fourth place, followed by Great Wall No. 5 (5%) and a number of automakers with a 4% share.