What are the major events in the new energy vehicle market this week? The average daily sales exceeded 10,000.
BYD sold 342383 cars in July.
According to the latest sales figures released by BYD, BYD sold a total of 342383 new cars in July, with an average daily sales of more than 10,000, compared with 262161 in the same period last year.
A big increase of 30.6%. Among them, 340799 new energy passenger cars were sold, an increase of 30.
5% over the same period last year.
So far, from January to July this year, BYD’s new car sales totaled 1955366, up 28.
83 percent from 1517798 last year, of which total new energy passenger car sales reached 1947944, another record monthly sales this year, an increase of 29.
07 percent over the same period last year.
Since the start of new energy vehicle sales, BYD has sold more than 8.
3 million new energy vehicles so far.
Photo: BYD, in early July, BYD simultaneously held the offline ceremony of the 8 million new energy vehicle at the completion and commissioning ceremony of the Thai plant.
It is reported that it took 13 years for BYD to reach the 1 millionth new energy vehicle sales in May 2021, but only 27 months from 1 million to 5 million vehicles.
in November 2023, BYD reached 6 million new energy vehicle sales.
in March 2024, it further exceeded 7 million vehicles.
and in July 2024, BYD officially launched its 8 million new energy vehicles at its Thai factory.
According to the current trend, by the end of this year, BYD’s overall new energy vehicle sales are likely to continue to exceed 9 million.
According to the latest forecast of the Global Automotive Research Institute, BYD’s overall sales are expected to reach 3.
76 million vehicles in 2024.
This means that BYD’s new car sales are about to grow by more than 1.
5 million in the coming months.
Donald Trump opposes the ownership of electric cars by everyone, while US presidential candidate Donald Trump has stepped up his criticism of US electric car sales rules and claimed to be opposed to everyone owning electric cars, according to foreign media reports.
Trump said at a conference that the US government mandated that electric vehicles should account for 100% of sales.
“they force you to buy a pure electric car.
” Trump also said, “[Tesla CEO] Elon Musk supports me, he is my friend, he is a good man, and he is a smart man.
” But I object to everyone owning an electric car.
” If you want a hybrid or gasoline car.
We have more gasoline-liquid gold-than any other country, more than Saudi Arabia, more than Russia.
I want to make use of the resources we have.
I want to reduce the price and cost.
” However, while the US Environmental Protection Agency (EPA) does set a target of 35 to 56 per cent of new car sales in the US by 2032, this is not mandatory.
In addition, the EPA had a target of 67%, but lowered that target as demand for electric vehicles cooled.
According to Russian satellite news agency, US entrepreneur Elon Musk posted on social platform X that he fully supported former President Trump and hoped that he would recover soon.
In view of Trump’s remarks, can Musk still have “full support”? Mitsubishi Motors will join the Honda-Nissan alliance.
Shares of Mitsubishi Motors rose on July 29, Reuters reported.
Earlier, there were media reports that Mitsubishi Motors was in talks to join the planned strategic partnership between Nissan and Honda.
Mitsubishi Motors will join the alliance between Honda and Nissan, which together will sell more than 8 million vehicles a year, the Nikkei News said on July 28.
Photo: Mitsubishi Motors, in March, Nissan and Honda said they were considering a strategic partnership to jointly produce electric vehicle parts and jointly develop artificial intelligence technology in automotive software platforms.
Mitsubishi Motors, which is 34% owned by Nissan, will work with Honda and Nissan to finalize the details of the three-way strategic partnership, the Nikkei News said, adding that the three companies intend to standardize the on-board software that controls cars.
Analysts at Goldman Sachs wrote in a note to clients that given Nissan’s stake in Mitsubishi, it is only natural for Mitsubishi to participate in a partnership with Honda.
“We believe that the most important area of cooperation in this report is software, and Honda, Nissan and Mitsubishi can all benefit from the pursuit of economies of scale,” they wrote.
” Mitsubishi declined to comment on the report, while a Nissan spokesman said only that the report was not based on any official statement from the two companies.
A Honda spokesman didn’t respond to a request for comment.
Shares of Mitsubishi Motors rose 6.
3% in afternoon trading.
Nissan’s shares rose 2.
8% and Honda’s rose 2.6%. The partnership comes as Nissan, Japan’s third-largest carmaker, is losing market share in its two biggest markets, the US and China, in the fiscal year ending in March.
Nissan accounts for half of its global sales.
Mitsubishi Motors is already part of a long-standing alliance between Nissan and French Renault, and last year the three automakers agreed to restructure the alliance with the aim of creating a smaller but more pragmatic and flexible partnership.
As part of the partnership, Nissan and Mitsubishi Motors will invest up to 600m euros ($651 million) and 200m euros respectively in Renault’s electric vehicle business, Ampere.
In another camp, Toyota has partnered with Japanese carmakers Suzuki, Subaru and Mazda.
These partnerships highlight the growing pressure on automakers to work together to reduce the huge costs involved in developing new technologies, and the Japanese auto industry now seems to be splitting into two camps.
A separate partnership between Nissan, Honda and Mitsubishi could help Japanese carmakers cut costs and strengthen themselves to cope with fierce competition in electric vehicles dominated by companies such as BYD and Tesla.
In China, Japanese brands were strong many years ago, but now Japanese automakers face greater competitive pressure and challenges.
Because China’s local automakers have rapidly expanded their production scale and won the hearts of consumers with affordable cars with software.
Gaishi comments: Japanese car companies that have operated in the global auto market for many years are used to “keeping warm together” in order to resist “foreign enemies” once they encounter challenges.
Stellantis: the first zero-running electric cars are being shipped from China to Europe and will go on sale in September.
According to foreign media reports, Stellantis CEO Carlos Tavares said that the first zero-running electric cars are being shipped from China to Europe and will start selling zero-running T03 small cars and C10 medium-sized SUV there in September.
Last year, Stellantis bought a 1.
5 billion euro ($1.
6 billion) stake in Chinese electric carmaker Zero Motor, and owns 51% of Zero International.
Zero running International, a joint venture between Stellantis and Zero Auto, will distribute and possibly produce Zero cars outside China.
Tang Wei confirmed in a conference call on July 25 that zero-running electric cars are about to enter Europe.
Tang Weishi said that there are currently 800 cars on board, but did not specify which models.
Stellantis confirmed last month that the Polish Tychy plant has begun to produce zero-run T03 kits.
Tang Weishi said that several zero-running models will eventually be produced in Europe.
Until early November, direct imports from China will be subject to additional temporary EU tariffs, but assembling cars in Europe will offset these effects.
On July 25th, Tang Weizhen said on a media conference call that zero-running models would be incorporated into Stellantis’s parts and distribution system, adding that dealers were “excited” about this and that many dealers had applied to sell zero-running cars.
Stellantis will also provide financing options for buyers, he said.
In Europe, zero-running cars can be classified as one of the many brands of the Stellantis Group, positioned or under Citroen and Fiat.
Citroen, Fiat, Opel and Vauxhall will all launch models based on Stellantis’s low-cost smart car platform this year, including all-electric models that start at less than 25000 euros.
Sales of zero-running cars will start in nine markets, including France, Germany, Italy, the Netherlands and Spain, Stellantis said.
One of the main competitors of Zero T03 is the Renault Dacia Spring small all-electric car, which starts at around 18000 euros in France and is also exported to Europe from China.
In addition, Chinese electric car giant BYD plans to launch its seagull model in the European market for less than 20000 euros.
Renault and Volkswagen are also planning to launch electric cars that sell for less than 20000 euros.
Meanwhile, Zero said the Zero C10 will also compete with Tesla Model Y and Volkswagen ID.4. In China, there are also pure electric models or extended range hybrid (EREV) models with small gasoline engines to charge batteries.
Tang Weishi said that Stellantis is weighing whether to offer zero-run extended-range hybrids in Europe, depending on European regulations.
But Chinese-made cars with the powertrain will also be taxed by the European Union.
At a time when the EU’s policy on imported electric vehicles is tightening, the cooperation between Zero and Stellantis will be a great help for Zero to open up overseas markets.
Huawei and Selis revealed their follow-up plans after asking the world’s 400,000th new car to go off the line.
On July 29th, AITO asked the world’s 400,000th new car to go off the line and the delivery ceremony of the M970,000 new car was held at the Selis car super factory.
After 28 months, AITO has become the fastest new energy brand in China to achieve 400000 offline brands.
Photo: Selis Motor, Cyrus Motor and Huawei have jointly created three models after three years of cross-border cooperation.
Among them, M9 went on the market on December 26 last year, officially started delivery at the end of February this year, and has now achieved delivery volume of 70, 000 vehicles.
M7 was first listed in July 2022 and upgraded to launch M7 in September last year, and the cumulative delivery volume has exceeded 200000.
M5 launched on April 23 this year, and the delivery volume has exceeded 10, 000 vehicles by June 28.
On this basis, Cyrus Automotive and Huawei stressed that in the future, the two sides will further deepen cooperation, give full play to their respective resources and endowment advantages, jointly define and design the models of the AITO brand, and at the same time jointly brand marketing and brand building to make Cyrus and Huawei a new leading luxury car brand.
To this end, the two sides will continue to increase their investment in resources for the brand.
In terms of sales and channel capacity-building, Selis Motor is committed to creating a “new luxury channel quality ecosystem” and plans to build more than 600 user centers in 2027.
In terms of user operation and service, Cyrus and Huawei will give full play to their experience and advantages in user experience and operation, and carry out in-depth cooperation around the user operation capacity building of the AITO brand.
In addition, Selis Motors also revealed that it has continuously deepened its cross-border cooperation with Huawei and gathered the strength of the whole industry chain partners such as Bosch, Ningde era and Wencan Die casting to build a large-scale, systematic and integrated supply chain ecosystem.
At present, the supply chain has been integrated from 300 first-tier suppliers to 100, of which 20 are world-class supply chains.
Huawei insists that it does not build cars, but Huawei models are “invincible” in the new energy vehicle market.
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