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China's new energy vehicles accounted for 53% of the global market share, while BYD and Wuling were beaten by Tesla

In 2021, global sales of new energy vehicles are surging.

In 2021, the global sales volume of narrow new energy passenger vehicles reached 6.23 million units, with a year-on-year growth of 118% and a market penetration rate of 7%, according to the Passenger Association. The penetration rate of new energy vehicles in Chinese and European markets has reached 13%, and in the fourth quarter, the penetration rate of new energy vehicles in Chinese market has exceeded 20%. The annual market penetration rate of new energy vehicles in Norway reached 70%, and 22% in Germany.




China's new-energy passenger vehicle sales have reached 53% of the global market share, and its share of the global pure electric vehicle market is as high as 61%. The competitive advantages of Chinese auto companies in global new energy vehicles and intelligent Internet connectivity are becoming increasingly prominent.

Thanks in large part to the Chinese market and the Shanghai Gigafactory, Tesla won the top spot for new energy vehicle sales in 2021, according to ev-Volumes. In 2021, Tesla sold 936,200 electric vehicles worldwide, more than 51 percent of which came from tesla's Shanghai Gigafactory. Tesla recently reported 34 mentions of the "Shanghai Gigafactory," nearly twice as many as the Fremont Gigafactory in California.

Byd ranked second among global automakers with sales of 593,800 neVs, up 231.6 percent year on year. Citic Securities Research forecast that BYD's new electric passenger car sales in 2022 will be 1.27 million units, plus the existing orders of 200,000 units, the annual delivery is expected to reach 1.5 million units. Some industry insiders believe that if BYD continues to maintain the current strong performance, BYD is expected to beat Tesla in 2022 and regain the world's new energy vehicle sales champion after 2019.

Wuling, helped by the strong performance of Hongguang MINIEV, ranked third globally with 456,100 new energy vehicles sold, while SAIC ranked seventh. The reporter found that in the top 20 new energy vehicle sales of car companies, Chinese car companies have occupied eight seats, Great Wall, GAC, Changan, Chery, Xiaopeng automobile and other domestic car companies have entered the list. Among them, Xiaopeng automobile ranks the 19th in the world with annual sales of 96,900 units.

In 2022, nio, Ideo and Xiaopeng will launch new models. According to Citic Securities Research Report, the sales volume of NiO, Ideo and Xiaopeng is expected to reach 162,000, 147,000 and 200,000 respectively in 2022. Further sales are expected to help "Wei Xiaoli" all enter the top 20 list of global sales of new energy vehicles in 2022.

In the top 20 model sales, a total of 11 Chinese new energy vehicle products shortlisted. Tesla's Model 3 and Model Y rank first and third in the world respectively, with annual sales of Model 3 reaching 500,000. Industry insiders believe the Model Y has more potential in the future. Wuling Hongguang MINIEV sold 424,100 units in 2021, ranking second only to the Model 3. This is the second time that Wuling Hongguang MINIEV has ranked second in global sales of new energy models, and the gap with Model 3 has narrowed to less than 80,000 units from 240,000 units in 2020. In addition to Hongguang MINIEV, micro-electric vehicles have become a force not to be underestimated in the sales list, changan Benben E-star, Chery Little Ant, Roewei Keliwei and other micro-electric vehicles have entered the top 20 sales list.

Byd Qin PLUS DM-I ranked fifth behind Volkswagen ID.4 by about 10,000 units. But the sales figures only include plug-in hybrid Qin models. If pure electric models are included, Qin's cumulative sales in 2021 will reach 160,000 units, surpassing ID.4 and ranking fourth. Among the top 20 global sales of new energy vehicle models, BYD has three models including Qin PLUS DM-I, Han EV and Song Pro/PLUS, all of which entered the top 10.

The ideal ONE model, a new force of domestic car manufacturing, was sold 90,500 units in 2021, ranking sixth in the global sales of new energy models. Xiaopeng P7's annual sales reached 60,600 units, ranking 19th. Compared with Xiaopeng automobile and Ideal Automobile, although the total sales volume of NIO automobile also exceeds 90,000, it lacks popular single products. In March and September 2022, NIO will deliver its sedan products ET7 and ET5, among which THE ET5 model performs very well in the opening of reservations, causing niO APP to break down once. Some industry insiders believe that the car could become a strong rival to the Model 3 and help NiO secure a place in the global top 20 neV sales list in 2022.

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