Friday, November 17, 2017

China October 2017

Image result for BAIC EC180 price


BAIC EC-Series scores 11.000 units in October


The rise and rise of the Chinese PEV market is unstoppable, with yet another record performance in October, with 66.000 new passenger PEVs being registered last month, almost doubling the result of October ‘16, while pulling the YTD count to over 405.000 units, up 55% YoY.

As consequence of this, the 2017 PEV market share has crossed for the first time the 2% share, firmly ahead of last year score (1.5%). As sales are expected to grow even further until the end of the year, the Chinese PEV market might even reach the 2.5% share by year end.

This is still a highly protected market, where 94% of sales belong to domestic brands. Of the 6% left for foreign brands, 4% belong to Tesla, 1% to BMW, with the remaining 1% being divided by all other auto makers.

In October, both small city cars and compact SUV’s placed two representatives in the Top 5, with the EC-Series beating the world record for registrations in a single month, with 11.315 units, while the new 100 kms range version has given the BYD Qin PHEV a second youth, delivering 4.102 units, a new record for the nameplate.


Here’s October Top 5 Best Selling models individual performance:

 Image result for BAIC EC
#1 – BAIC EC-Series: I would say the 11.315 EC-Series registered in October were an historical landmark, after all it was the first time that a single model crossed into the five-digit sales, but with ever improving performances since the 2.563 units of last June, it looks that numbers will continue to go upwards until December. The little city EV is doing a revolution in China, owing its success to a trendy design, reminding that of a Crossover, improved specs (Now with 200 kms range) and competitive pricing (19.000€), all in a booming market segment. With the Chinese edition of the 2017 Best Selling PEV title already in their hands, BAIC is now looking to win the global edition of the same award, and to that end, last month it has surpassed the Big Boys (Leaf, Prius Prime and Model S), thus becoming the first Chinese model to reach #1 on the global market.

Image result for zhidou d2
#2 – Zhidou D2 EV: Bare-basics city vehicle that continues to be delivered in large quantities (4.502 units in October), probably due to fleet deals. This vehicle is sold as a Quadricycle (Think Renault Twizy) in some European countries, with the following specs: 12 kWh battery, 120 kms range, 90 kms max. speed, all this for some 16.000€. The brand has ambitious plans to market it as a car-sharing vehicle in Europe, will local consumers want to drive it?

Image result for 2018 byd qin dm
#3 – BYD Qin PHEV: Thanks to a recently increased range (100 kms), BYD’s sports sedan (0-100 kms/h in 5.9s) recovered its mojo and had a record 4.102 registrations in October. With a competitive price (31.000$ before incentives) and full access to government incentives, sales are expected to remain high, as long as BYD manages to make enough of them, in order to satisfy demand.

Image result for white BYD Song PHEV
#4 – BYD Song PHEV: If the Qin is the “Model 3” of BYD, the Song is the “Model Y”, a VW Tiguan-sized SUV, here in plug-in hybrid version, last month it registered 3.064 units, dropping some 700 units regarding the previous month. Is the Qin renewed success hurting the Song demand or is it just a case of production constraints? I believe the full potential of BYD’s compact SUV could be around 5.000 units/month.

Image result for jac iev6s specs
#5 – JAC iEV6S: One of the EV pioneers in China, selling plug-ins since 2010, JAC is trying to regain relevance with its iEV6S, a compact Crossover (Think Kia Soul) that registered 2.861 units in October, allowing it to reach a Top 5 position last month. A vehicle targeted to hip urbanites, for a competitive 26.000$ before incentives, you get a trendy city model, with a 33kWh battery providing decent range (251 kms NEDC), and the engine has enough power (114 hp), to give it the “go” needed for their customers supposedly active life.


Image result for SAIC Roewe eRX5 PHEV
Roewe eRX5 is making itself noticed

 
Year-to-Date Ranking – BAIC EC-Series orders the 2017 title

In a stable market, the big news is the EC-Series (almost) definitely securing this year Best Seller title, a first for BAIC and the first time since 2013 that BYD loses the Best Selling Models award. At the time, the best seller was the Chery QQ3 EV, with 5.727 units. With two months to go, the EC-Series is now at 49.000…

To see some changes in the ranking, we have to go Fifth Place, where the JAC iEV6S climbed one position, while the BYD Qin PHEV jumped four positions to #10, surpassing among others, the stablemate BYD Tang, which dropped two positions to #12, a surprisingly low position for the 2016 Best Selling model.

On the rise is also the Roewe eRX5 BEV, jumping to #15, thanks to a record 2.811 deliveries, with other models also hitting personal records, besides the aforementioned BAIC EC-Series, BYD Qin PHEV and Roewe eRX5 BEV, three recent additions scored relevant results: The Changan Eulove EV scored 1.201 units, Hawtai registered 2.112 EV160’s and the much awaited Wuling E100 is at 1.724 units in its only third full month on the market. No production hell here…

Looking at the manufacturers ranking, BYD (20%, up 1%) is comfortable at the Throne, keeping the runner-up BAIC (16%, up 1%) at a safe distance. At least for now.

In Third Place we (still) have Zhidou, with 9% share, with Roewe (9%, up 1%) closing in, with the Shanghai-based manufacturer trying to reach the podium, in its bid to become the Third of China’s “Big 3 PEV” club.


Pl
China
Oct.
YTD
%
1
BAIC EC-Series
11315
49191
12
2
Zhidou D2 EV
4502
37093
9
3
BYD Song PHEV
3064
22910
6
4
BYD e5
2386
20649
5
5
JAC iEV6S
2861
18585
5
6
Geely Emgrand EV
1742
17990
4
7
Chery eQ  
1996
16762
4
8
SAIC Roewe eRX5 PHEV
1593
15042
4
9
Changan Benni EV 
632
12375
3
10
BYD Qin PHEV
4102
11937
3
11
Zotye E200
2349
11612
3
12
BYD Tang
868
11329
3
13
JMC E100
246
10663
3
14
BAIC EU-Series
412
8656
2
15
SAIC Roewe eRX5 BEV
2811
7638
2
16
JMC E200
1799
7386
2
17
Tesla Model S   e)
350
6498
2
18
Tesla Model X   e)
500
6481
2
19
Zotye Cloud EV
276
5840
1
20
Kandi K12 EV
1638
5664
1
Others
21001
100831

TOTAL
66443
405132





5 comments:

  1. This 66,000 is only for the private vehicles, and another 25,000 public vehicles like buses & trucks were sold. So totally 91,000 plugin vehicles were sold in China in 2017-10.


    And BAIC EC-Series could end up as the #1 selling model for this year. Time for other automakers to sell this type of vehicle.

    ReplyDelete
  2. Hi

    When will we se some new post about Poland? We are already waiting for almost two years since last one. Now we have highest in EU, 3-digit growth in BEV, and shares starts getting pretty noticeable. I think it's worthwhile, especially according to not so rich country, with negative government incentives and no charging infrastructure.

    ReplyDelete
    Replies
    1. Hi there,

      Sorry for not posting Poland, but it has been difficult to find reliable sources, maybe next month i will post something, taking the lift of the Leaf deliveries in Wrocklaw.

      Delete
    2. Got the same question. And now I know the answer. There are no reliable sources of information for Poland. They are introducing something known as CEPIK 2.0, a new system for vehicles and drivers. And there is a lot of mess because of this: http://tinyurl.com/y9x9ur8k . Every Polish source shows different numbers. We've got to wait ...

      Delete
  3. kandi coming back 4Q will be a doozey. I believe ceo said 3100 for October. I'm glad to see the k12 make the top twenty.

    ReplyDelete