Key Allies China analysis on NEV market in December 2020

NEV (New Energy Vehicles) monthly sales data and market analysis

2021/01/29

 This report is based on the “New Energy Vehicle (NEV) (electric vehicles [EVs], plug-in hybrid vehicles [PHVs], and fuel cell vehicles [FCVs]) Industry Research Report” prepared by the Chinese consulting firm Key Allies; the report was edited and translated by MarkLines.

Related reports:

Key Allies China analysis on NEV market in November 2020 (December 2020)
Key Allies China analysis on NEV market in October 2020 (December 2020)
Key Allies China analysis on NEV market in September 2020 (October 2020)
Key Allies China analysis on NEV market in August 2020（September 2020)


Table 1) NEV production volume by vehicle type (thousand units) Table 2) NEV monthly production volume (thousand units)
Table 3) NEV sales volume by vehicle type (thousand units) Table 4) NEV monthly sales volume (thousand units)

(Note: CAAM’s figures are rounded off; therefore, figures of items may not add up to the figures in totals.)
Source: China Association of Automobile Manufacturers (CAAM)

　According to the statistics of the China Association of Automobile Manufacturers (CAAM), sales of new energy vehicles (NEVs) in the calendar year 2020 (January through December) rose 10.3% over the previous year to 1.359 million units. Monthly sales in December 2020 increased 51.5% compared to the same month in the previous year to nearly 248,000 units, marking the sixth consecutive month of year-over-year (y/y) growth.


Analysis of NEV Industry (Chinese Market)

EV

  According to the China Passenger Car Association (CPCA), in the January through December 2020 period, sales of EV (electric vehicle) passenger cars by manufacturer were led by SAIC-GM-Wuling, followed by Tesla and BYD. However, with Tesla's launch of the new domestic Model Y in the New Year and a significant price cut for Model 3, Tesla is likely to take the top spot in January. Sales of SAIC-GM-Wuling, Tesla and BYD exceeded 110,000 units.

Table 5) EV passenger car sales of the top 15 OEMs, January – December 2020

(Note: Production in China only)
Source: China Passenger Car Association (CPCA)

　
　By model, the Tesla Model 3 and the SAIC-GM-Wuling Hongguang MINI are far ahead of the Great Wall Ora Adora in third place, the GAC Aion S in fourth place, and the BYD Qin in fifth place. Monthly sales volume exceeded 40,000 units for the Great Wall Ora Adora, GAC Aion S and BYD Qin.

Table 6) Unit sales by model of the 15 top-selling EV passenger cars, January - December 2020(units)

(Note: Production in China only)
Source: China Passenger Car Association (CPCA)

PHV

  Looking at the sales of plug-in hybrid (PHV) passenger cars by manufacturer in the January through December 2020 period, BYD, which ranked first, sold 52,000 units, with a 24.4% share. Leading Ideal, which ranked second, sold 33,000 units.

Table 7) PHV passenger car sales of the top 10 OEMs, January - December 2020

(Note: Production in China only)
Source: China Passenger Car Association (CPCA)

　Of the top 15 models, only the Audi A6 saw a year-over-year increase in sales, but strong sales of the Magotan GTE and Tayron GTE allowed FAW-VW to demonstrate its well-balanced product capabilities and significantly increase sales in the PHV market, which had been on an overall downward trend. The Leading Ideal ONE, the BMW Brilliance 5 Series, and the BYD Tang DM were the top three models, but all of them fell short of their usual sales performance.　　
Table 8) Unit sales by model of the 15 top-selling PHV passenger cars, January - December 2020(units)

(Note: Production in China only)
Source: China Passenger Car Association (CPCA)


2021 Sales Forecast (Chinese Market)

　Key Allies forecasts that sales of new energy vehicles in 2021 will increase 41% year-over-year to 1.916 million units, of which passenger cars will increase 41.4% to 1.762 million units and commercial vehicles will increase 36.5% to 153,000 units.

Table 9) Annual sales volumes of new energy vehicles (thousand units)


NEV Market in Europe

Table10）NEV sales in Norway by model (December 2020)

Rank Model Dec.(units) Jan. to Dec.(units) Share
1 Audi e-tron 454 9,227 6.5%
2 Tesla Model 3 4,232 7,770 5.5%
3 VW ID. 3 2,303 7,754 5.5%
4 Nissan Leaf 692 5,221 3.7%
5 Hyundai Kona EV 364 4,989 3.5%
6 VW e-Golf 8 4,770 3.4%
7 SAIC MG ZS EV 358 3,720 2.6%
8 Mercedes EQC 426 3,614 2.6%
9 Mitsubishi Outlander PHEV 115 3,258 2.3%
10 Polestar 2 670 2,831 2.0%
11 BMW i3 240 2,714 1.9%
12 Toyota Yaris Hybrid 340 2,506 1.8%
13 Toyota Corolla Hybrid 235 2,487 1.8%
14 Toyota RAV4 Hybrid 252 2,477 1.8%
15 Volvo XC60 PHEV 464 2,384 1.7%
16 Renault Zoe 114 2,346 1.7%
17 Hyundai loniq Electric 173 2,209 1.6%
18 Skoda Octavia 64 2,124 1.5%
19 Toyota C-HR Hybrid 96 2,105 1.5%
20 Toyota RAV4 PHEV 386 1,935 1.4%
Other 8,588 64,971 45.9%
Total 20,574 141,412 100.0%

Table11） NEV sales in Sweden by model (December 2020)

Rank Model Dec.(units) Jan. to Dec.(units) Share
1 Volvo S/V 60 PHEV 534 6,941 7.4%
2 Volvo XC60 PHEV 818 6,624 7.1%
3 VW Passat GTE 560 5,870 6.2%
4 Kia Niro PHEV 591 4,324 4.6%
5 VW ID. 3 2,564 4,009 4.3%
6 Kia Optima PHEV 267 3,632 3.9%
7 Tesla Model 3 710 3,531 3.8%
8 Kia Ceed PHEV 636 3,324 3.5%
9 Mitsubishi Outlander PHEV 347 2,819 3.0%
10 Volvo XC40 PHEV 295 2,815 3.0%
11 Kia Niro EV 360 2,554 2.7%
12 VW Golf PHEV (Gen.7&8) 330 2,514 2.7%
13 BMW 330e 451 2,225 2.4%
14 Volvo S/V90 PHEV 279 2,148 2.3%
15 Renault Zoe 253 2,132 2.3%
16 Audi e-tron 181 2,052 2.2%
17 Nissan Leaf 332 1,815 1.9%
18 Hyundai Kona EV 368 1,671 1.8%
19 Polestar 2 260 1,622 1.7%
20 Toyota RAV4 PHEV 46 1,600 1.7%
Other 6,747 29,716 31.6%
Total 16,929 93,938 100.0%

Table12）NEV sales in France by model (December 2020)

Rank Model Dec.(units) Share
1 Renault Zoe 5,978 16.7%
2 VW ID. 3 2,550 7.1%
3 Dacia Spring EV 1,721 4.8%
4 Fiat 500e 1,545 4.3%
5 Renault Captur PHEV 1,437 4.0%
6 Renault Twingo EV 1,353 3.8%
7 Peugeot 208 EV 1,165 3.2%
8 Tesla Model 3 878 2.5%
9 Peugeot 3008 PHEV 782 2.2%
10 Mercedes GLC 300e/de 712 2.0%
11 BMW X3 PHEV 660 1.8%
12 Citroen C5 Aircross PHEV 654 1.8%
13 Volvo XC40 PHEV 603 1.7%
14 Kia Niro EV 601 1.7%
15 Mercedes GLA 250e 596 1.7%
16 DS7 Crossback PHEV 538 1.5%
17 Mitsubishi Outlander PHEV 534 1.5%
18 VW e-Up! 525 1.5%
19 Audi Q5 PHEV 524 1.5%
20 SEAT Leon PHEV 511 1.4%
Other 12,035 33.5%
Total 35,902 100.00%

Table13）NEV sales in France by model (Jan. to Nov.2020)

Rank Model Jan. to Dec.(units) Share
1 Renault Zoe 37,409 20.1%
2 Peugeot 208 EV 16,557 8.9%
3 Tesla Model 3 6,477 3.5%
4 Peugeot 3008 PHEV 6,399 3.4%
5 Renault Captur PHEV 5,472 2.9%
6 Hyundai Kona EV 5,156 2.8%
7 Kia Niro EV 5,101 2.7%
8 DS7 Crossback PHEV 4,539 2.4%
9 VW ID. 3 4,187 2.3%
10 Mercedes GLC300e/de 3,955 2.1%
11 Volvo XC40 PHEV 3,420 1.8%
12 Nissan Leaf 3,404 1.8%
13 Citroen C5 Aircross PHEV 3,124 1.7%
14 Peugeot 508 PHEV 2,958 1.6%
15 Peugeot 2008 EV 2,933 1.6%
16 VW Golf PHEV (Gen.7&8) 2,741 1.5%
17 DS3 Crossback EV 2,710 1.5%
18 Mitsubishi Outlander PHEV 2,647 1.4%
19 Mercedes A250e 2,634 1.4%
20 Audi Q5 PHEV 2,492 1.3%
Other 61,594 33.1%
Total 185,909 100.0%

Table14）NEV sales in Netherlands by model (December 2020)

Rank Model Dec.(units) Share
1 VW ID. 3 6,083 19.7%
2 Hyundai Kona EV 4,441 14.4%
3 Tesla Model 3 3,938 12.8%
4 VW ID. 4 2,408 7.8%
5 Audi e-tron 2,211 7.2%
6 Volvo XC40 EV 1,765 5.7%
7 Polestar 2 1,468 4.8%
8 Kia Niro EV 677 2.2%
9 Fiat 500e 486 1.6%
10 Peugeot 208 EV 479 1.6%
11 Peugeot 2008 EV 458 1.5%
12 Renault Zoe 413 1.3%
13 Jaguar i-Pace 403 1.3%
14 Aiways U5 383 1.2%
15 SEAT Mii EV 349 1.1%
16 BMW i3 347 1.1%
17 Nissan Leaf 314 1.0%
18 Skoda Citigo EV 302 1.0%
19 MINI Cooper EV 297 1.0%
20 Renault Captur PHEV 289 0.9%
Other 3,349 10.9%
Total 30,860 100.0%

Table15）NEV sales in Netherlands by model (Jan. to Nov.2020)

Rank Model Jan. to Dec.(units) Share
1 VW ID. 3 10,954 12.3%
2 Tesla Model 3 8,374 9.4%
3 Hyundai Kona EV 7,761 8.7%
4 Kia Niro EV 6,484 7.3%
5 Audi e-tron 3,765 4.2%
6 VW e-Golf 3,052 3.4%
7 Polestar 2 2,952 3.3%
8 Volvo XC40 PHEV 2,599 2.9%
9 Volvo XC40 EV 2,590 2.9%
10 VW ID. 4 2,408 2.7%
11 SAIC MG ZS EV 2,207 2.5%
12 Renault Zoe 2,073 2.3%
13 Skoda Citigo EV 1,893 2.1%
14 Volvo S/V60 PHEV 1,774 2.0%
15 Peugeot 208 EV 1,646 1.8%
16 Nissan Leaf 1,630 1.8%
17 Opel Corsa-e 1,587 1.8%
18 MINI Cooper EV 1,487 1.7%
19 Opel Ampera-e 1,380 1.5%
20 BMW i3 1,223 1.4%
Other 21,523 24.1%
Total 89,362 100.0%

(Note: The statistical data figures in this report are rounded off, and the totals may not match the sum of the figures shown.)　

   

   

   

    

  

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Key Allies Consulting

　Key Allies Consulting was established in 2008. The firm is headquartered in Beijing City, with subsidiaries in Shanghai City, Chongqing City, and Shenyang City. It sells vehicle data and reports on the automotive industry (markets, products, and supply chains) and is particularly strong in the areas of commercial vehicles and NEVs. Furthermore, the firm has a wide network in the Chinese automotive industry and collects and handles various data from national and local governments, associations, companies, dealers, and e-commerce platforms.