The production and sales of new energy vehicles continued to increase significantly in March, or the shortage of cores may continue until the fourth quarter

The China Association of Automobile Manufacturers recently released data on automobile production and sales for March.
The data shows that in March, China's automobile production and sales completed 2.
462 million and 2.
526 million respectively, an increase of 63.
9% and 73.
6% from the previous month, and a year-on-year increase of 71.
6% and 74.
9%.

Sales in the domestic auto market are strong, and new energy vehicles have become one of the growth engines.

In March, the production and sales of new energy vehicles completed 216,000 and 226,000, respectively, an increase of 2.
5 times and 2.

Xu Haidong, deputy chief engineer of the China Association of Automobile Manufacturers, analyzed that with the joint efforts of domestic and foreign automakers, the quality of new energy vehicles has been improved to meet consumer demand for vehicles.

Therefore, the China Automobile Association is still optimistic about the annual sales performance of new energy vehicles.

　　The production and sales of domestic new energy car companies have grown rapidly.

BYD's production and sales bulletin shows that a total of 55,619 new energy vehicles were produced from January to March, a year-on-year increase of 149.

　　Driven by market demand, my country's new energy vehicle basic materials, basic parts, motors, electronic controls, batteries and complete vehicles have all made significant breakthroughs in recent years.

Relevant data show that there are currently more than 228,000 new energy vehicle-related companies in China.

　　At the same time, high-end models of domestic brands are gradually making efforts to compete with international brands.

On April 7, the 100,000th car of Weilai Automobile rolled off the assembly line, with an average price of over 420,000 yuan.

　　In this regard, Dong Yang, former executive vice president and secretary-general of the China Association of Automobile Manufacturers, said that NIO’s achievements are another important milestone for China’s auto industry, and it also brings confidence to Chinese auto companies, which proves its independence.

Innovation is sustainable.

　　Currently, the number of new energy vehicles in my country has begun to take shape.

According to statistics, as of March 2021, the number of new energy vehicles nationwide has reached 5.

　　Xu Haidong said that the annual sales target of 1.

8 million vehicles mentioned by the China Automobile Association at the beginning of the year remains unchanged.

　　At the same time, the China Automobile Association reminded that the production and sales data of passenger cars in March was down compared with the same period in 2019, which may be related to chip supply problems.
Xu Haidong said that the China Automobile Association had predicted that the tight supply of chips would improve in the second half of the year, but the current judgment has to wait until the fourth quarter.
"Chip influence superimposed on the auto market in the second quarter of last year began to pick up at a high speed, and the monthly sales growth in the second quarter of this year will be affected to a certain extent.

　　Li Bin, chairman of Weilai Automobile, said that Weilai Automobile will still face multiple challenges, including chips, technology and services, "especially whether intelligent electric vehicle-related autonomous driving technology and battery technology can maintain the leading position of the product.
, Will be the ultimate challenge".
(Reporter Liu Jin)

　　Transfer from: Economic Daily

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