The off -season is not low BYD in July new energy vehicle sales increased by more than 21% month -on -month

Author:Securities daily Time:2022.08.05

Reporter Li Yuzheng

Although July is the off -season of traditional automobile sales, BYD's car sales growth rate is still decreasing. On the evening of August 3, BYD announced the production and sales fast report. In July, it sold 16,2530 new energy vehicles, an increase of 221.89%year-on-year; 80,3880 new energy vehicles were sold in January to July, with a cumulative year-on-year growth rate of 292.00%.

Compared with June, BYD's sales in July increased by 21.26%. Compared with 20%-25%of sales of new forces in July in July, BYD has highlighted its endogenous growth forces. The Federation of Federation issued a post on July 22. It is expected that new energy vehicles will sell 450,000 units in July, an increase of 103%year -on -year, and a 15%decrease from the previous month.

"Compared with other car companies, BYD's supply chain has stronger risk." Zhang Xiang, Dean of the New Energy Vehicle Technology Research Institute of Jiangxi New Energy Technology Vocational College, said in a reporter from the Securities Daily that the epidemic disturbances, under the disturbance of the epidemic, BYD's layout in battery, chips, raw materials, etc. has strongly guaranteed the supply chain.

As far as passenger cars are concerned, the sales of BYD mixed models have a faster growth rate from the previous month. In July, BYD sold 80991 and 81223 vehicles of pure electric passenger vehicles and plug -in passenger cars, respectively, with a month -on -month increase of 16.46%and 26.48%, respectively, an increase of 224.02%and 224.10%year -on -year.

It is worth noting that while releaseing the production and sales data in July, BYD also announced the monthly overseas sales data, and in July, 4026 new energy passenger cars were sold overseas. This scale is equivalent to 26.21%of BYD's overseas vehicle sales last year, more than a quarter.

Relevant staff of BYD revealed to the "Securities Daily" reporter that the announcement of monthly overseas passenger car sales data will be the norm in the future, and going to sea is an important strategy of BYD.

Recently, BYD has actively opened up overseas markets such as Japan and Europe. On August 1, BYD announced that it entered the German and Swedish markets, and the first batch of vehicles were delivered in the fourth quarter. On July 21, BYD announced that it officially entered the Japanese passenger car market and is expected to be released in 2023. Earlier, BYD also had water testing in markets such as Singapore and Australia.

BYD said in a survey of an institution that BYD has many models to go to sea. For example, the BYD E platform 3.0's first A -class tide running SUV -Yuan Plus (local known as YuanPlusev) was officially launched in San Jose, the capital of Costa Rica. BYD Han EV landed in Brazil The three models of Yuan Plus, Dolphin and Seal have also been unveiled in Japan. BYD New Energy Vehicle has moved to six continents around the world, more than 70 countries and regions, and more than 400 cities.

Since the beginning of this year, BYD has accelerated the new rhythm, and multi -brand new models have been listed one after another. On July 29, BYD seals were officially listed. It is the second model of the marine series after dolphins. In the future, it will be launched in new models such as "Sea Lion" and "Seagull" to expand the product series. In terms of high -end brands, on May 16th, BYD launched the high -end MPV product Tengshi D9. The pre -sale order exceeded 30,000 units, which will be officially launched in mid -August.

Tianfeng Securities Research Report pointed out that from the perspective of the model, BYD has a destroyer 05, seal, Han DM-I/DM-P, Tang DM-I/DM-P, New Tang EV, Tengshi D9 and other models. Pre -sale, fully covered with models such as cars, SUVs, MPVs. From the perspective of the brand, the company has created a high -end brand Tengshi to realize the brand upward, and the planned high -end new brands are expected to further increase the company's product price. With the delivery of new models and the launch of new brands, the company's sales are expected to continue to grow, brand power is expected to continue to increase, and it is expected to further reshape the market pattern.

(Edit Shangguan Monroe)

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