Ningbo's New Energy Vehicle Consumption Is "Full of Horsepower"

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Category: Ningbo Business

Published: Thursday, 10 February 2022 11:33

In the past 2021, Ningbo's new energy vehicle consumption is "full of horsepower". Data from Ningbo Municipal Bureau of Statistics shows that in the first 11 months of last year, the retail sales of new energy vehicles in the city reached 5.61 billion yuan, a year-on-year increase of 164.1%, an increase of 152.8 percentage points higher than that of traditional fuel vehicles, and achieved double growth for 11 consecutive months; Cumulatively, the growth rate of the upper limit of the company was 3.8%, which was 1.1 percentage points higher than that in the first half of the year.

With the support of national policies, new energy vehicles have been widely recognized by consumers with their own technical advantages and good economic practicability, and are playing an increasingly important substitute role in the automobile consumption market. From the perspective of enterprises above the designated size, the proportion of Ningbo's new energy vehicle monthly retail sales in all vehicles is on the rise, from 8.2% in February to 21.1% in November. In the first 11 months of last year, the cumulative retail sales of new energy vehicles accounted for 9.7%, an increase of 5.4 percentage points over the same period of the previous year. At the same time, brand influence continues to increase. Among the top five brands of new energy vehicles in retail sales, emerging brands occupy four seats, including Tesla, NIO, Krypton, and Xiaopeng, whose retail sales exceed those of all traditional brands. Sum of retail sales of energy vehicles.

From the perspective of the national market, new energy vehicles have also maintained a boom in production and sales. According to data from the Ministry of Industry and Information Technology, in 2021, in the face of complex internal and external economic situations and pressure from the supply chain, my country's new energy vehicle sales will complete 3.521 million units, ranking first in the world for seven consecutive years. It is worth noting that the export of new energy vehicles is outstanding, and a total of 310,000 vehicles were exported last year. The rapid growth of sales in the new energy vehicle market has strongly supported the demand for the automobile market.

"In 2021, the weak growth of traditional fuel vehicles will have a greater impact on the city's consumer market." A person from the Municipal Statistics Bureau said that as new energy vehicles gradually gain popularity, how to identify market demand positioning, expand infrastructure guarantees. The popularization of energy vehicles will play a positive role in promoting the steady development of the consumer market.

In addition, the reduction of subsidy standards may also have a certain impact on the consumption of new energy vehicles this year. At the end of last year, four ministries and commissions including the Ministry of Finance, the Ministry of Industry and Information Technology, the Ministry of Science and Technology, and the National Development and Reform Commission issued the "Notice on Improving the Financial Subsidy Policy for the Promotion and Application of New Energy Vehicles". 30% decline on an annual basis. Urban public transport, road passenger transport, rental (including online car-hailing), sanitation, urban logistics and distribution, postal express, civil aviation airports, and vehicles that meet the requirements in the official field of party and government agencies, the subsidy standard will be reduced by 20% on the basis of 2021