[car home Information] In February, various car companies have made every effort to hit sales and achieve new goals for the whole year. Now that the results of the auto market exam in February have been released, what is the performance of major auto companies? In this issue of the Sales Express, let us announce the transcripts of major car companies together.
As of the publication of this article, seven China car companies/brands, three overseas brands and six new car-making forces have announced their sales volume in February. The following are the specific sales data of each car company/brand:
● China car companies/brands.
A total of 8 car companies/brands in China announced their sales in February, including BYD, Chery Group and Lantu Automobile. Among them, the sales volume of new cars in Ai ‘an in February was 30,086 units, up 253% year-on-year and 195% quarter-on-quarter. At the same time, the brand sold 40,292 vehicles in January and February, up 64% year-on-year.
● Geely brand
The total sales volume of Geely Automobile in February was 108,701 vehicles, up about 39% year-on-year, among which the sales volume of pure electric vehicles reached 21,289 vehicles, up 74% year-on-year.
Subdivided into its brands, Geely brand sold 90,333 vehicles (including geometry); The brand sold 12,090 vehicles; Extreme krypton sold 5,455 vehicles, a year-on-year increase. Ruilan Automobile sold 823 vehicles, a year-on-year decline. Subdivided into power, pure electric vehicles sold 21,289 vehicles, a year-on-year increase of 74%.
At the beginning of the year, Yan Jiayu, CEO of Geely Automobile Group, said in his message in the Spring Festival that in 2023, Geely Automobile Group’s total sales target of 1.65 million vehicles should achieve three times of growth in new energy products: the overall sales of new energy should double, exceeding 600,000 vehicles; Raytheon hybrid sales doubled; Krypton sales doubled.
● Chery group
On March 6th, Chery Holding Group released the monthly sales report: In February, the group sold 103,877 vehicles, up 71.9% year-on-year and 2.5% quarter-on-quarter, and sold more than 100,000 vehicles in a single month for nine consecutive months. From January to February, Chery Group sold a total of 205,256 vehicles, up 39.2% year-on-year.
In terms of brands, the year-on-year growth rate of all brands of Chery Group exceeded 50% in February. Among them, the sales volume of Chery brand was 74,739, a year-on-year increase of 68.3%; The sales volume of Xingtu brand was 5,056 vehicles, a year-on-year increase of 61.7%; Jietu brand sold 16,432 vehicles, a year-on-year increase of 145.3%. Hua Dan products (|), Tiggo 7 and Jetway X70 series, which are the main products of the Group, have achieved 14,495, 14,617 and 10,913 vehicles respectively, ranking firmly in the camp of vehicles with monthly sales exceeding 10,000.
Based on the opening record of Chery Group, in January, with the overall decline of 35%, Chery Group grew against the trend at a rate of 16.5%. In February, according to the manufacturer’s data, the Association predicted that the retail sales growth rate of passenger cars in a narrow sense was 7.2%, and Chery Group maintained a strong growth trend with an acceleration of almost 10 times the average growth rate of the industry. Chery, Xingtu, Jietu and Chery’s new energy brands jointly announced the policy of "lifetime warranty for all models" on February 1, so that users can reduce their worries about using cars.
● Changan brand
Changan Automobile Group released February sales data. The group sold a total of 191,007 cars, up 38% year-on-year, including 163,156 China brand cars, up 50.1% year-on-year, and 117,622 China brand passenger cars, up 68.2% year-on-year.
Specifically, in terms of Changan new energy, China brand new energy sold 20,574 units in February, including Changan deep blue brand and Changan brand new energy vehicles. Changan only announced the sales volume of Lumin models in February, which was 8,137 units.
In terms of Changan brand fuel vehicles, the CS family sold 37,660 units in February, of which the CS75 series sold 15,477 units; The car series sold 15,024 units in February; UNI series sold 27,859 units in February, of which UNI-V sold 20,179 units. In terms of Changan Auchan brand, it sold 18,505 units in February; In terms of Changan Kaicheng brand, it sold 17,081 units in February.
● Aian brand
Ai ‘an announced that the sales volume of new cars in February was 30,086 units, up 253% year-on-year and 195% quarter-on-quarter. At the same time, the brand sold 40,292 vehicles in January and February, up 64% year-on-year.
According to the tips below the official long picture, on March 3, the brand of Ai ‘an will release a new generation of electric drive technology. At the same time, on March 7, AION Y will launch a new model, which is expected to be adjusted for configuration or appearance/interior details. It is worth mentioning that Ai ‘an expects to raise the official guide price of its related models in early March this year, ranging from 3,000 to 6,000 yuan.
● Lantu Automobile
Lantu Automobile announced the delivery data in February 2023. In February 2023, Lantu delivered 1,107 new cars, and the delivery volume increased by 50% year-on-year.
Lu Fang, CEO of Lantu Automobile, said: "In 2023, the market potential of new energy vehicles in China continued to improve. With a series of measures such as the gradual recovery of Lantu’s production capacity, the return of sales and service system and the upgrading of OTA products, Lantu’s delivery capacity and order quantity in February increased steadily. In the next step, with the listing of Yantu, it will drive the further growth of marketing of Yantu’s whole product system. "
On January 23rd, after Lantu released its brand in Israel, on February 18th, the first batch of Lantu FREE was officially delivered in Israel. After announcing the FREE replacement of the 8155 chip in the standard version of Lantu Free and the free upgrade and fast charging of Lantu Dreamer () in January, Lantu released the version of Lantu FREE OTA 3.0 on February 10th, and carried out 71 optimization upgrades on the car, including 13 new functions and 58 experience optimizations.
On February 23rd, Lantu held the 2023 Annual Conference of Eco-Partners in Wuhan. More than 200 eco-partners and investors from all over the country attended. By February 28th, 2023, Lantu had opened 190 stores nationwide, including 146 Lantu Space, 2 Lantu Flagship Stores and 42 Lantu Delivery Service Centers.
● Changan Deep Blue
In February 2023, the delivery of Changan Deep Blue SL03 reached 4,103 vehicles, and the current cumulative delivery reached 37,328 vehicles.
In February, the pure electric 705km version of Changan Deep Blue SL03 was delivered. In addition, Changan Deep Blue SL03 was upgraded to OTA again. However, the new functions and optimization experience of the version 1.1 of Deep Al OS include intelligent cockpit, intelligent driving, intelligent vehicle control and other fields. The main upgrades include the addition of Netease cloud music, support for the exclusive driving mode of "thousands of people and thousands of faces" and 540 transparent chassis functions. This OTA will upgrade the 515 pure electric version and 1200 extended range version of Changan Deep Blue SL03 first, and the 705 pure electric version will be upgraded later.
● Extreme krypton
Extreme Krypton Intelligent Technology announced the latest delivery volume: Extreme Krypton brand delivered 5,455 units in February, up 87.1% year-on-year and 75.1% quarter-on-quarter. Among them, Krypton 001 delivered 2539 sets and Krypton 009 delivered 2916 sets. Up to now, Krypton has delivered a total of 86,519 units.
The extremely krypton 009 was delivered in January 2023, with an average order amount of 527,000 yuan. The newly upgraded 2023 extremely krypton 001 was delivered this month, and a number of luxury configurations were standard in all departments, and the product strength was improved. The average order amount exceeded 336,000 yuan. Extreme krypton X was officially named on February 3, and it is worth looking forward to next.
In February, Krypton completed $750 million in Series A financing, with a post-investment valuation of $13 billion. This A round of financing is a strategic investment based on the perspective of industrial integration, focusing on industrial resource cooperation and long-term layout. At the same time, Krypton, as a global technology enterprise, will promote the European strategy and enter the European market this year, relying on the forward-looking global layout and industrial accumulation of Geely Holding Group.
As of March 1, 2023, there were more than 270 stores nationwide, covering nearly 70 major cities. As of March 1st, the national self-built charging network of Krypton Energy has exceeded 630+ stations in 118 cities, covering more than 95% of the cities where Krypton car owners are located. At the same time, the third-party high-quality charging resources accessed by the APP charging map have covered 344 cities nationwide, and nearly 430,000 public charging guns can be used for scanning codes, covering more than 3,000 high-speed service area sites nationwide.
● BYD
BYD announced February sales data, with a total sales of 193,655 new cars, up 112.6% year-on-year. Among them, the sales volume of passenger cars was 191,664, including 15,002 vehicles exported, up 112.3% year-on-year.
Among them, DM models sold a total of 101,025 vehicles, including DM-i and DM-P models, and EV models sold 90,639 vehicles. At present, BYD’s cumulative sales of new energy vehicles exceeded 3.7 million vehicles.
Specific to the breakdown of cars, BYD Dynasty and Ocean Cars sold 184,338 cars in February, an increase of 28.3% from the previous month. Tengshi brand sold 7,325 vehicles in February, an increase of 13.8% from the previous month. In February, 15,002 passenger cars were exported, up 44.1% from the previous month.
● Joint venture car companies/overseas brands
At present, only some joint venture car companies/overseas brands have released their February sales data, mostly Japanese brands. Among them, the cumulative sales volume of GAC Toyota in February was 67,029 vehicles, a year-on-year increase of 26.2%, which set a new sales record in February.
● GAC Toyota
GAC Toyota released February sales data, with a cumulative sales volume of 67,029 vehicles in February, up 26.2% year-on-year, setting a new sales record in February. Among them, the sales volume of dual-engine models reached 21,075, accounting for 31.4%; More than 300,000 twin-engine models sold 8,942 vehicles. In addition, the sales of the eighth generation Camry also exceeded 1 million.
At the same time, the official also said that the first new car of the fifth-generation intelligent electric hybrid twin-engine will debut at the end of March, and we speculate that it may be the new Lei Ling. It is reported that the fifth-generation THS II dual-engine hybrid three-electric system can further improve the electrification efficiency by lightening and miniaturization and reducing losses. Among them, the newly developed lithium battery system has achieved 34% miniaturization and 44% lightweight, and the power output has increased by 8%; The energy loss of high-speed motor is reduced by 19% and the output power is increased by 32%. The power control unit has improved the power density and reduced the weight by 17%, reduced the energy loss by about 10% and increased the current output by more than 8%.
● Honda China
Honda China released the domestic terminal car sales in February 2023. In February 2023, the cumulative sales volume of Honda’s terminal cars in China was 74,142 vehicles, which was 69.9% over the same period (down 30.1% year-on-year); In January and February of 2023, the cumulative sales volume of Honda’s terminal cars in China was 138,332 vehicles, which was 54.8% over the same period (down 45.2% year-on-year).
Among them, Guangqi Honda Automobile Co., Ltd. sold 35,829 vehicles in February; Guangqi Honda Automobile Co., Ltd. sold 76,113 terminal cars in January and February 2023.
The cumulative terminal sales of Dongfeng Honda Automobile Co., Ltd. in February was 38,313 vehicles; Dongfeng Honda Automobile Co., Ltd. sold 62,219 terminal cars in January and February 2023.
In addition, the cumulative terminal sales of Honda’s electrified models in January and February 2023 were 27,351. Honda’s electric vehicles include those equipped with Honda’s high-efficiency dual-motor hybrid system, plug-in hybrid system and pure electric vehicles.
● Nissan
Nissan Motor Company announced the performance of China in February 2023. Nissan Motor Co., Ltd. sold 59,997 units in China in February, up 26.3% from the previous month. After three years of epidemic prevention and control, chip shortage and rising raw material prices, sales are gradually returning to normal.
In February 2023, Dongfeng Nissan (including Nissan, Qichen and British finidi brands) sold 56,726 units, up 24.3% from the previous month. Among them, the sales volume of Nissan brand was 50,093 units, an increase of 23.5% from the previous month; The sales volume of Qichen brand was 6,003 units, an increase of 30.3% from the previous month. Zhengzhou’s daily sales volume was 3,271 units, an increase of 72.3% from the previous month.
Mr. Shohei Yamazaki, Senior Vice President of Nissan Motor Company, Chairman of Nissan China Management Committee and President of Dongfeng Motor Co., Ltd. said: "2023 is an extremely important year. The company will continue to accelerate the development of electric drive strategy led by pure electric vehicles and e-POWER technology, while continuously strengthening brand, products, services, operations and market competitiveness. "
● smart
Smart announced the delivery in February 2023. Among them, smart Wizard #1 delivered 3616 units in China; Since the delivery started on September 23rd, 2022, smart has delivered 15,998 units in China. It is worth mentioning that the smart Elf #1 Pro model equipped with a 49kWh lithium iron phosphate battery was pre-sold, with a pre-sale price of 179,000 yuan. As a new entry-level model, it is mainly equipped with a 49kWh lithium iron phosphate battery pack, and the CLTC cruising range is 400 kilometers. It is worth noting that the new car will be listed in the middle and late March, and it is expected to announce more rights and delivery time.
The new model retains the configuration of the Pro+ version, and will provide five body colors, with two interior styles of lightning gray and deep space black. In terms of power, the new car is still equipped with a 200kW rear single motor, but the battery is changed to a 49kWh lithium iron phosphate battery pack, and the pure electric cruising range is 400 kilometers under CLTC working conditions.
In addition, following the landing of the world’s first smart flagship center in Chengdu, the smart Hangzhou West Lake flagship center officially opened on the bank of the West Lake on February 25th. Smart flagship centers with different styles and themes will soon be launched in Guangzhou, Shanghai, Shenzhen and Beijing. At the same time, the smart production and delivery team is working together to shorten the product delivery cycle.
● Volvo
Volvo officially announced its domestic sales in February, totaling 13,016 vehicles, up 50.4% year-on-year and 10.8% quarter-on-quarter.
Specific to the models, Volvo XC90 sold a total of 1,597 vehicles in February, up 108% year-on-year; Volvo S90 sold a total of 2,893 vehicles, a year-on-year increase of 74%; Volvo XC60 sold a total of 4,973 vehicles, a year-on-year increase of 61%. Volvo Car’s electrified products also performed well. In February, the sales of new energy vehicles increased by 64% year-on-year, among which pure electric vehicles increased by 181% year-on-year. From January to February this year, the cumulative sales volume of Volvo Cars in Chinese mainland market has reached 24,758 vehicles, up 6.6% year-on-year.
At the same time, according to the official, Volvo Car Asia-Pacific Software Integration Center has been completed and put into use in Shanghai recently, thus accelerating the software development and update of the next-generation brand-new native pure electric platform. It is worth mentioning that at present, all new cars of Volvo brand can realize the online remote upgrade (OTA) function, providing users with a more personalized and intelligent car experience.
● New forces for building cars
The speed at which the new car-making forces publish their report cards has been very positive. Judging from the data released at present, LI delivered over 10,000 vehicles in a single month, reaching 16,620 vehicles, followed by Weilai, Nezha and Tucki.
● Ideal
LI released the delivery data in February 2023, and LI delivered a total of 16,620 new cars in February, up 97.5% year-on-year. Since the delivery, the cumulative delivery volume in LI has reached 289,095 vehicles.
Li Xiang, Chairman and CEO of LI, said that since the delivery, Ideal L9 has continued to lead in market segments, ranking first in sales of large SUVs in China for five consecutive months. On February 8th, Ideal L7 was officially released, and the first batch of users will be delivered in early March. At the same time, the ideal L8 adds an Air version, and the starting price is lowered to further increase the product strength.
"Ideal L9"
"Ideal L8"
"Ideal L7"
By February 28th, 2023, LI had 298 retail centers in China, covering 122 cities. There are 317 after-sales maintenance centers and authorized car body panel spraying centers, covering 223 cities.
● Zero run car
Zero-run cars released the delivery data in February, and a total of 3,198 new cars were delivered in February, an increase of 181% from the previous month, and the cumulative delivery reached 168,340.
Just today, a number of new cars of zero-run cars were officially launched, including the newly-launched C11 extended-range version of zero-run cars, as well as new models of various current models. Among them, the zero-run C11 extended-range version has launched three models, and the price range is 149.8-185.8 million yuan; There are four models in the 2023 C11 pure electric version, the price range is 155,800-219,800 yuan; In 2023, the zero-run C01 launched five models, and the price was 1498-228,800 yuan. In addition, the new zero-run T03 has launched four models, with the price range of 59,900-89,900 yuan.
"Zero Run C11 Extended Range Edition"
"Zero run C01』"
"Zero Run T03』"
Specifically, the zero-run C11 extended range version is equipped with a 1.2T engine as a range extender, and its maximum power is 96kW. The rated power of the motor is 85kW, the peak power is 200kW, and the pure electric cruising range can reach 285km. New Zero Run T03: 2 new exterior colors and 3 new interior colors are added; The new zero-run C11 pure electric version: the vehicle configuration is simplified, and the battery life is adjusted to three versions of 500km, 650km and 580km, and the price is lowered; The new zero-run C01: The vehicle configuration is fine-tuned, and the entry price is reduced by 44,000 yuan.
● Weilai
In February 2023, Weilai delivered 12,157 new cars, up 42.9% from the previous month and 98.3% from the same period last year. Among them, 5,037 pure electric SUV models and 7,120 pure electric cars were delivered.
According to official data, in January and February of 2023, Weilai delivered a total of 20,663 new cars, a year-on-year increase of 30.9%. Weilai has delivered 310,219 new cars.
On March 1st, Weilai released the fourth quarter and annual financial report of 2022. Weilai’s revenue in the fourth quarter was 16.06 billion yuan, up 62.2% year-on-year, with positive growth for 11 consecutive quarters. The total revenue for the whole year reached 49.27 billion yuan, all of which were record highs. R&D expenditure in the fourth quarter was 3.98 billion yuan, and the total R&D expenditure for the whole year was 10.84 billion yuan. The cash reserve is 45.5 billion yuan. In 2023, the Q1 delivery guideline is 31,000-33,000 units, and the revenue guideline is 10.62 billion-11.54 billion yuan.
In addition, in order to continuously improve the car experience of users and friends, Weilai decided to add 1,000 power stations in 2023. Among them, about 400 are high-speed power exchange stations, which will speed up the layout of high-speed power exchange networks in 9 vertical, 9 horizontal and 19 urban agglomerations; About 600 are urban power stations.
● Tucki
Xpeng Motors announced the delivery results in February. In February, Xpeng Motors delivered a total of 6,010 units, up 15% from the previous month. At present, there are four models on sale in Tucki, including Tucki G3, Tucki G9, Tucki P5 and Tucki P7.
On January 6th this year, after Tesla announced a price reduction of 20,000-48,000 yuan, Xpeng Motors was one of the few car companies to follow up the price reduction. Except for G9, the prices of three models on sale were all reduced by 20,000-36,000 yuan. Judging from the actual sales data, the effect of price reduction is effective, but it is not obvious.
"Tucki G3"
"Tucki G9"
"Tucki P5"
"Tucki p7"
In February, Tucki opened two stores in Denmark and the Netherlands, and the first European service center in Le Ronnskog, Norway, was also opened and put into use. At the same time, since March, the urban NGP function will be put on various models in Shenzhen, Shanghai and other cities.
● AITO brand
A few days ago, AITO brand announced the delivery data in February, and the delivery volume of the series reached 3,505 vehicles, down 21.68% from the previous month, and the cumulative delivery exceeded 84,000 vehicles.
On January 6th, after Tesla announced a price reduction of 20,000-48,000 yuan, the AITO brand also followed suit with a price reduction of 28,800-30,000 yuan. The price reduction models include the Wujie M5 EV and the Wenjie M7. However, from the sales data, the price reduction has not substantially promoted the sales volume. Tesla’s price reduction may have a certain impact on the sales volume of the series. At the same time, in February, due to the Spring Festival, consumption did not fully recover, which also restricted the recovery of sales volume.
As for the recent product upgrade, since February 24th, Huawei’s HarmonyOS cockpit equipped with AITO’s M7 has been upgraded, and new functions such as smart car search and calendar have been launched. Next, all departments in the world will also upgrade HarmonyOS 3.0 in March.
● Nezha Auto
On March 2nd, Nezha Automobile announced its sales results in February 2023. Specifically, Nezha delivered 10,073 vehicles, a year-on-year increase of 41.5%.
Specifically, Nezha V delivered 5,013 units, Nezha U delivered 3,012 units, and Nezha S delivered 2,048 units, up 35% from the previous month. By February, 2023, Nezha had delivered a total of 264,138 vehicles. According to the official, Nezha’s S capacity expansion will accelerate the delivery. At the same time, the intelligent assisted driving system will be upgraded through OTA in the near future, and the owner can also wait for the official follow-up push.
In February, Nezha Automobile won the EU E13 UNR155 CSMS (Cyber Security Management System) vehicle network security management system certificate issued by TUV Nande, which is the first R155 CSMS certificate issued by E13 in the world, indicating that Nezha Automobile has the industry-leading vehicle network security management capability, and at the same time empowering Nezha Automobile to step up its strategy of "going out to sea". At the same time, nearly 100 Nezha U and Nezha V were shipped to Jordan, which was the first batch of Nezha cars exported to Jordan.
● Full text summary
According to the published sales data in February, although February is a traditional off-season, many manufacturers still give satisfactory answers. Among the traditional car companies, the growth momentum of BYD, Krypton and Chery Group is still strong, but the sales data of car companies such as Great Wall have not yet been announced, and what transcripts they will hand over in February is also expected.
Among the new car companies, the Spring Festival holiday and other factors generally affected the delivery quantity, but Weilai Automobile and LI still achieved sales of 12,157 and 16,620 vehicles. Next, with the introduction of time-limited subsidies in various places, it has attracted a lot of car purchases, greatly enhancing the consumption environment and consumers’ desire to buy. Let’s look forward to it. (Text/car home Zhouyi)
