New energy vehicle sales in the first half of 2018 increased by 112% year-on-year.

According to the data released by the China Automobile Association, the production and sales of new energy vehicles were 411,000 and 412,000 respectively, up 94.9% and 111.6% year-on-year. The performance in the first half was far better than in previous years. From January to June, China's new energy passenger vehicles sold a total of 355,000 vehicles, a year-on-year increase of 70%; new energy commercial vehicles sold a total of 58,000 vehicles, down 29.9% year-on-year. Among them, in the composition of new energy vehicles in January-June, pure electric passenger cars accounted for more than half of the sales of new energy passenger cars, accounting for 63%; plug-in hybrid passenger cars grew rapidly, accounting for twenty three%. For new energy commercial vehicles, pure electric commercial vehicles accounted for 13%; plug-in hybrid commercial vehicles accounted for the least, accounting for only 1%.

In the face of the cumulative sales of less than 500,000 vehicles in the first half of the year, the China Automobile Association said: According to the normal laws of previous years, the “off-season” of the automobile market is often in the first half of the year, but for the new energy vehicle market, it is currently in the process of policy switching. In the state, there is an unconventional situation in this market segment. Although the cumulative sales volume in the first half of the year was less than 500,000 units, according to the forecast, the real power nodes will still appear in the second half of the year. Therefore, the new energy vehicles will achieve the expected sales volume of one million units by the end of the year. There is no problem.

Throughout the first half of the overall sales, in March, the new energy vehicle market has exploded, with a monthly sales of 67,778 units, a month-on-month increase of 96.9%, an increase of 117.4%, the reason for the surge may be related to market demand, to the Beijing market For example, last year's indicator was released in April of the beginning of the year. In April last year, there was a wave of buying climax, and sales subsequently slowed down. In February of this year, all new energy indicators for this year were also released in one lump sum, and the winning bidders began to purchase vehicles. In addition, it also introduces new products with multiple manufacturers, providing consumers with more choices and certain relationships.

In April and May, sales of new energy vehicles continued to maintain a good growth trend, but in June, sales in a single month fell by 17.5%. The downward trend in sales in June is expected, which has a certain relationship with the transition of new energy vehicle subsidies. Since the subsidy policy began to implement new technical standards and quotas from June 12, the data in June can intuitively reflect the market situation after the subsidy changes. The sales and output of new energy vehicles in the month were 84,000 and 86,000, respectively. Compared with the same period of last year, it increased by 31.7% and 42.9% respectively. Specific to various sub-sectors, the monthly sales of plug-in hybrid passenger cars exceeded 20,000, an increase of 16.4% from the previous month and an increase of 125.8% from the same period of last year. When other areas showed monthly decline without any exception, it showed a contrarian growth. Among them, plug-in hybrid commercial vehicles fell the most, down 77.8% from the previous month, down 68.2% year-on-year, and down 0.9% year-on-year.

Xu Haidong, assistant secretary-general of the China Automobile Association, said that the production and sales of new energy vehicles in the first half of this year were far better than in the same period of the previous year. It is expected that the second half of the year will maintain a good development trend, and the pre-judgment will be maintained before the annual production and sales scale exceeds 1 million.