Sunday, August 16, 2015

China July 2015

Drag-Racing and putting other cars to shame: A new sport for BYD fans


Qin inside the Top 100 Edition

Another month above the 10.000 units for the Chinese EV market, with the EV Share rising for the first time above the 0,5% to 0,52%, and plug-ins are starting to make themselves noticed...

In a fast changing Chinese Auto Market, with sales down 7%, SUV's surging while the rest is slowing down, and important changes in the general ranking, plug-ins, and BYD PHEV's in particular, are thriving, the Qin made its 18th consecutive record (4.030 units), joining for the first time the global Top 100 ranking, at #95, while being also the third best selling BYD last month, only behind the F3 sedan and the S7 SUV.    


The next rising star in the BYD stable?
But it's not all, the Tang plug-in SUV registered its second sales month, with registrations rising to 723 sales (The Qin registered 673 in its second month), considering that BYD's new SUV is in the intersection between two rising trends in China (Plug-ins and SUV's), and given enough batteries to avoid production constraints, it won't be surprising to see it reach 2.000 units in December, with the Qin hovering at 5.000 units/month.

Looking at the rest of the competition, it was a rather weak month, with no models registering record numbers and the Zotye E20 plunging to just 152 units, being the fourth consecutive month of depressing sales (What's going on here?), while its larger brother, the Cloud (734 units), replaced it in the last place in the podium.

PlChinaJuly  YTD%'14Pl
1BYD Qin4.03020.507301
2BAIC E-Series EV1.1616.964105
3
4
5
6
7
8
9
10
11
12
13
14
15

Zotye Cloud / Z100 EV
Zotye Zhidou E20
Kandi EV e)
SAIC Roewe 550 PHEV e)
Chery QQ EV e)
BYD e6
JAC i EV e)
Kandi Panda EV
Chery eQ
Tesla Model S e)
BYD Tang
BYD DENZA EV
Venucia e30 / Morning Wind

734
 152
750
600
500
309
250
236
464
400
723
120
50

5.081
5.065
4.319
3.921
3.708
3.209
2.841
 2.783
2.593
2.547
1.135
739
503

8
 7
6
6
5
5
4
4
4
4
2
1
1

N/A
4
2
9
3
7
10
8
12
6
N/A
17
11


TOTAL10.74667.675100


Source: China Auto Web; Manufacturers

7 comments:

  1. Hi José.

    Any news regarding Qin selling in Europe? It was supposed to start this year, but BYD seems quiet about it.

    When it happens GM will be sorry for not bringing the Volt 2016 to Europe.

    ReplyDelete
    Replies
    1. For the moment BYD doesn't seem too interested in selling their plug-ins outside China, right now they are selling a a few e6 in Europe and Latin America, and the Qin is being introduced in a couple of countries there, like Costa Rica or Colombia.

      My guess is that demand in their domestic market is enough for their current production levels, with more models coming this year and in 2016, demand will continue to increase in the next 18 months, so by 2017 BYD could start thinking seriously in exporting to Europe.

      Delete
    2. When I last spoke to BYD's european section they said that the Qin is set to debut in 2017 in Europe.
      And that their focus right now was building the brand and getting a steady foot on the market with the BYD buses and taxis (BYD E6) and by people geting used to go with a BYD vehicle add to their brand recognition.

      My personal opinion is that they should get into the European market with the Qin as fast as possible since there are still only innovators and early adopters buying EVs and it would be fairly easy to them to get into the top lists and get some good recognition for when the EV market increases.

      Delete
  2. Since BYD will have 10Gwh of battery capacity by the end of the year, they won't be held up by shortages of those.

    ReplyDelete
    Replies
    1. This is nothing for this world as this will give only about 200 000 x 50 kWh battery packs in a year when the China itself consimes over 23 000 000 new cars in a year. So this will be just about 1 % of the China internal market only.

      Delete
  3. Kandi Geely JV has an new ev car : The K17 CYCLONE : there is now one saleschannel : http://detail.koudaitong.com/show/goods?alias=9o8vz528
    The sales begon on 11 august and now we have already 371 cars sold on 1 online channel and the buyers have only see the car online , So I expect great sales numbers from the K17 Cyclone with touch screen 12 inch

    ReplyDelete
  4. "Global Hawk" is the new trademark for the old fashion name "JV Kandi Geely ", they have the K10 , K11 , K17 ( CYCLONE )and K30 for sale.

    ReplyDelete