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New energy vehicles refer to vehicles with advanced technical principles, new technologies, and new structures. Use unconventional vehicle fuel as the power source to integrate advanced technologies, such as vehicle power control and drive.  How about the situation about New energy vehicles, including all electric minivan in August 2021?

all electric minivan

From the market situation, affected by the epidemic situation in China and Malaysia. Meanwhile, the fluctuation of production and sales is also related to the higher base in the same period last year. Automobile production and sales continued to decline year on year and the decline was further expanded in this month.

Although the chip shortage has significantly affected the production plan of the enterprise this month, new energy vehicles still continued to become a bright spot.

The production and sales in that month continued to set a new record, exceeding 300,000 vehicles for the first time. The penetration rate from January to August also continued to rise to nearly 11%.

1. The production and sales of new energy vehicles, including all electric minivan continue to set new records.


a. In August, the production and sales of new energy vehicles were 309,000 and 321,000 respectively.

Both increasing by 1.8 times year-on-year.  Among them, the production and sales of pure electric vehicles, including all electric minivan were 252,000 and 265,000 respectively. Both increasing by 1.9 times year-on-year. The production and sales of plug-in hybrid vehicles have reached 56,000 units, up 1.4 times and 1.7 times respectively year-on-year. The production and sales of fuel cell vehicles were 40 and 38 respectively, down 58.8% and 68.6% year on year.

New energy production and sales continued to set new records this month. From the perspective of subdivided vehicles, the production and sales of pure electric vehicles and plug-in hybrid vehicles also set new records. In August, the penetration rate of new energy vehicles, including all electric minivan has increased to 17.8%. And that of new energy passenger cars is even closer to 20%. According to this trend, China is expected to achieve the medium and long-term planning goal of 20% market share of new energy vehicles in 2025 ahead of schedule.


b. From January to August, the production and sales of new energy vehicles were 1.813 million and 1.799 million respectively.

Both increasing by 1.9 times year-on-year, also the penetration rate of cumulative sales was close to 11%. Among them, the production and sales of pure electric vehicles, including all electric minivan were 1.512 million and 1.492 million respectively. Up 2.2 times and 2.1 times respectively year on year. The production and sales of plug-in hybrid electric vehicles were 300,000 and 306,000 respectively. Up 1.1 times and 1.4 times respectively year-on-year. The production and sales of fuel cell vehicles were 724 and 733 respectively, up 27.7% and 26.8% year on year.

all electric minivan



2. Automobile export reached a new high.

In August, automobile enterprises exported 187,000 vehicles, up 7.5% month-on-month and 1.6 times year-on-year. In terms of models, passenger cars exported 154,000 vehicles this month. An increase of 10.3% from the previous month and a year-on-year increase of 1.9 times. Export for commercial vehicles was 33,000 vehicles. Down 4.0% from the previous month and up 85.7% from the previous year. This month, the contribution of export growth of new energy vehicles, including all electric minivan was 35.2%.

From January to August, automobile enterprises exported 1.189 million vehicles, up 1.3 times year-on-year. In terms of models, the export for passenger cars was 924,000 units. Up 1.4 times year-on-year. Export for commercial vehicles was 265,000 units, up 99.4% year-on-year.

Looking forward to the fourth quarter, considering various factors, we need to look at the development of the industry for new energy vehicles, including all electric minivan cautiously and optimistically. Preliminarily predict the market for the whole year may be weaker than expected.

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