How is the development of the automobile industry?

Major listed companies in the industry: BYD (002594), Geely Holding (00 175. HK), SAIC (600 104), Guangzhou Automobile Group (60 1238), BAIC Blue Valley (600733) and Changan Automobile (000625).

The core data of this paper: automobile sales, passenger car sales, commercial vehicle sales and new energy vehicle sales.

Car sales ended a three-year decline.

China ranked first in the world in total automobile sales 13 years, and made great progress in "electrification, networking and intelligence", further consolidating China's status as an automobile power. In 20021year, China's automobile sales reached 26.275 million, up 3.8% year-on-year.

Passenger car sales resumed growth.

Encouraged by a series of national and local policies to stimulate consumption, the overall demand for passenger cars has maintained a warming trend, and the sales volume of passenger cars in China has remained at around 20 million for seven consecutive years. In 202 1 year, the sales volume of passenger cars in China reached 214.82 million, up 6.5% year-on-year.

Commercial vehicles enter the adjustment period.

In 2020, due to the switching of heavy-duty diesel vehicles in the national six emission regulations, the demand for commercial vehicles will fluctuate. The purchase cost and use cost of the national five products are lower than those of the national six products, so the market prefers the national five products. In addition, the wait-and-see consumption brought by the "blue card light truck" policy and the cold weather in the real estate development industry have also aggravated the downward pressure on the commercial vehicle market. In 20021year, the sales volume of commercial vehicles in China was 4.793 million, down 6.6% year-on-year, and the commercial vehicle market will enter an adjustment period in the future.

New energy vehicles have become the biggest highlight.

In 20021year, new energy vehicles became the biggest bright spot in the automobile industry. Its market development has changed from policy-driven to market-driven in a new stage, which has laid a solid foundation for the high-quality development of the automobile industry in the 14 th Five-Year Plan. In 20021year, the sales volume of new energy vehicles in China was 352 1 10,000 vehicles, up nearly 1.6 times year-on-year, and its share in the automobile market reached 13.4%, up by 8 percentage points compared with 2020.

In 20021year, among the sales of new energy vehicles, the sales of new energy passenger cars reached 3.334 million, up 167.5% year-on-year. Among them, the sales volume of pure electric passenger cars was 2.734 million, and the sales volume of plug-in hybrid passenger cars was 600,000.

The sales volume of new energy commercial vehicles was 6.5438+0.86 million, up 54% year-on-year. Among them, the sales volume of pure electric commercial vehicles is 6.5438+0.86 million, and the sales volume of plug-in hybrid commercial vehicles is 6.5438+0.82 million.

On the whole, the sales volume of China automobile market has ended the three-year continuous decline since 20 18. Among them, new energy vehicles have become the biggest highlight of market promotion, with annual sales exceeding 3.5 million vehicles and market share increasing to 13.4%, which further indicates that the new energy vehicle market has changed from policy-driven to market-driven.

The above data refer to the Analysis Report on Demand Prospect Forecast and Investment Strategic Planning of China's Automobile Manufacturing Industry by Forward-looking Industry Research Institute.