In 2022, China's new energy heavy truck market continued its good performance in the second half of 2021, with an average growth rate of 521% in the first seven months; After July, the accumulated actual sales volume has exceeded the annual sales volume of last year, and it has become the most prominent segment in the heavy truck market and even the entire commercial vehicle market.
In August, can the new energy heavy truck market continue the momentum of rapid growth? How much can the sales increase? Which heavy truck brand won the first place in the monthly sales list? Please see the analysis report of the First Commercial Vehicle Network.
1847 units sold in August, the third highest in the year, with a year-on-year growth of 127%
The latest data shows that in August 2022, a total of 1847 new energy heavy trucks were sold in the domestic market (the sales volume of compulsory traffic insurance terminals, excluding exports and military vehicles, the same below), an increase of 28% month on month and 127% year on year. The growth rate was 13 percentage points higher than that of last month (114%). The new energy heavy truck market ushered in the fourth month on month and double positive growth year on year in 2022. Looking at the sales volume alone, the sales volume of 1847 new energy heavy trucks in August this year was the third highest single month sales volume of this year, and it can also rank the sixth in history, which is a very good performance.
It can be seen from the above figure that, except for June 2019 (note: the increase of new energy heavy trucks in June 2019 mainly comes from the centralized licensing of pure electric mud trucks (dump trucks) purchased in Shenzhen), the red line representing 2022 is always above any color representing the previous three years. No matter what month it is, it is much higher than the sales performance of the same period in previous years. It can also be seen from the above figure that since 2021, especially from the second half of the year, the new energy heavy truck market has always shown a trend of continuous improvement. Compared with the rise in 2021, the new energy heavy truck market will have obvious ups and downs in 2022, which is also the only way for an emerging market to mature.
In 2022, the demand for fuel and gas heavy truck terminals will continue to be weak. In addition to the epidemic situation, power rationing and other impacts, the actual sales of heavy truck terminals in the first eight months of this year will be less than 40000 vehicles/month on average. From January to July, the sales of new energy heavy trucks in heavy truck terminals will account for 7.5%, 3%, 2.9%, 3.3%, 4.2%, 5% and 3.9% respectively; In August, the sales of new energy heavy trucks in heavy truck terminals expanded to 4.7% compared with that in July. From January to August this year, the cumulative sales of new energy heavy trucks reached 13400 units, nearly 3000 units more than the annual sales of last year, with a year-on-year growth of 319%. The sales of heavy truck terminals accounted for 4.2%. Although the market size of heavy trucks this year will shrink significantly compared with the previous two years, the 4.2% share of new energy vehicle types is still an exciting figure.
From January to August 2022, 30 provinces (cities and districts) across the country have new energy heavy cards on the road, but the regional distribution is uneven. The number of new energy heavy trucks registered in 13 provinces (cities and districts) including Hebei, Shanxi, Hunan, Inner Mongolia, Henan, Shanghai, Sichuan, Guangdong, Shandong, Jiangsu, Anhui, Hubei and Beijing has exceeded 300, including nearly 5000 new energy heavy trucks registered in Hebei Province; More than 100 new energy heavy trucks were registered in 28 cities including Tangshan, Shijiazhuang, Changsha, Handan, Shanghai, Zhengzhou, Chengdu, Baotou, Shenzhen, Beijing, Qinhuangdao, Linfen, Ma'anshan, Taiyuan, Tianjin, Baoding, among which more than 2000 were registered in Tangshan. In January August this year, 16.5% of the new energy heavy trucks registered nationwide were with Tangshan's "Ji B" brand; In Shijiazhuang from January to August this year, more than 1000 new energy heavy trucks were registered; Changsha, Handan, Shanghai, Zhengzhou and other cities also registered more than 600 new energy heavy trucks in January August this year. Among the top 15 cities (more than 250 new energy heavy trucks) in January August, Hebei Province accounted for 4.
In January May, Hebei Province accounted for 6 of the top 12 cities (with more than 150 new energy heavy trucks) in which new energy heavy trucks were registered; After June, Xingtai and Cangzhou, the two cities that ranked in the top 12 after May, were squeezed out of the top 15. After August, Xingtai and Cangzhou had dropped to the 19th and 20th places in terms of their cumulative number of registrations. From this point of view, it is not difficult to see that not only in Hebei, but also in other parts of the country, the pace of new energy heavy trucks is accelerating. Take the past August as an example, in addition to Hebei, there are six provinces (districts and cities) including Inner Mongolia, Sichuan, Hunan, Beijing, Guangdong and Shanxi, where the number of new energy licenses exceeded 100 in August.
The proportion of pure electric vehicles is 93.67%. The hydrogen fuel cell heavy truck welcomes the small "explosion"
From the perspective of fuel types, from January to August this year, the technical route of new energy heavy trucks was still dominated by pure electric vehicles (including electric replacement pure electric vehicles). As shown in the figure below, from January to August this year, the proportion of pure electric vehicles in new energy heavy trucks reached 93.67%, an increase of 6.36 percentage points compared with 87.3% in the same period last year; The hydrogen fuel cell heavy truck and hybrid heavy truck accounted for 6.24% and 0.09% of the sales of new energy heavy truck terminals from January to August this year, respectively.
In 2021, the sales of hydrogen fuel cell models in new energy heavy truck terminals accounted for 7.46%. From January to August this year, 837 hydrogen fuel cell heavy trucks were sold, an increase of 115% year on year. In the previous August, the actual sales of new energy heavy truck terminals accounted for 6.24%. The figure below shows that in the first eight months of this year, the sales of hydrogen fuel cell heavy trucks exceeded 100 in only two months. In August, 173 hydrogen fuel cell heavy trucks were actually sold, a significant increase of 355% over the same period last year, which greatly outperformed the overall growth of the new energy heavy truck market and ushered in a small "outbreak".
Under the national "dual carbon" strategy, the demonstration and application of hydrogen fuel cell vehicles in urban agglomerations has become more and more extensive, and more and more heavy truck brands have chosen to enter this segment. From January to August this year, there were 14 enterprises selling fuel cell heavy trucks, two more than that after July. In August, Dayun Heavy Truck and SAIC Hongyan also joined the fight for fuel cell heavy truck in 2022. From January to August this year, fuel cell heavy trucks represented by Foshan Feichi, Futian, Jiefang, Xiamen Jinlong and Suzhou Jinlong have been put on the road in Beijing, Shanghai, Taiyuan, Shenzhen, Ordos, Linfen, Jiaxing, Foshan, Yulin, Guangzhou, Baoding and other places.
Eight enterprises sell more than 100 vehicles every month, and Sany wins the championship. Dongfeng/Beiben is only 3 vehicles short
In August, Sany Group won the monthly sales list of new energy heavy trucks for the fourth time in a year, with 379 vehicles, 24 vehicles ahead of the second place. It is worth mentioning that the single month sales of 379 vehicles in August also created the highest monthly sales record of Sany this year.
In August of this year, there were 8 enterprises in the new energy heavy truck market whose sales volume exceeded 100, 2 more than that in July. In the first eight months of this year, at least five enterprises in the new energy heavy truck market sold more than 100 vehicles each month, and nine enterprises in June sold more than 100 vehicles each month. You should know that in the first eight months of last year, only three enterprises in the new energy heavy truck market, Hanma Technology, Dongfeng and Hongyan, experienced the "taste" of selling 100 vehicles each month. In August, the sales gap between neighboring enterprises in the new energy heavy truck market did not open: the difference between Sany and XCMG, the top two, was only 24; The difference between Beiben and Dongfeng ranked 4 and 5 is only 3, and the difference between Dongfeng and Fukuda ranked 5 and 6 is only 12; The difference between Futian and Yutong, which ranked 6th and 7th, was only 19; In addition, the difference between Heavy Truck and Jiefang is 11, and the difference between Jiefang and Shaanxi Automobile is only 1. The ranking exchange occurs every month.
In 2021, there will be 13 "players" in the new energy heavy truck market with sales of 100 vehicles or more, and after May this year, there will be 13 "players" with sales of more than 100 vehicles; After August, the cumulative sales of more than 100 "players" have reached 15, among which the top 13 companies in the sales list have more than 200 vehicles, the top 7 companies have more than 1000 vehicles, and SAIC Hongyan, the eighth company, is very close to the cumulative sales of 1000 vehicles.
From the perspective of growth, Sany, XCMG and Hanma Technologies, the top three companies in terms of cumulative sales from January to August this year, increased by 1078%, 630% and 176% year on year respectively, of which Sany and XCMG both outperformed the "big market" of the new energy heavy truck market by a large margin; In addition, the growth rate of Foton Motor, SAIC Hongyan, Sinotruk, Foshan Feichi and other enterprises in the first eight months of this year is also very amazing due to their small sales in the same period last year.
From the perspective of market share, after August, Sany Group ranked first in the industry with a cumulative sales volume of 2062 vehicles, with a cumulative share of 15.38%, up 9.9 percentage points over the same period of last year; XCMG ranked the second in the industry with the cumulative sales of 1876 vehicles. The cumulative share in the first eight months of this year was 13.99%, an increase of 5.95 percentage points over the same period last year; The cumulative sales of Hanma Technology, Dongfeng, Yutong, Beiben and Foton, ranked 3-7, also exceeded 1000, reaching 1648, 1414, 1233, 1151 and 1005, respectively, with the cumulative shares of 12.29%, 10.54%, 9.19%, 8.58% and 7.49%, respectively. These are also seven enterprises in the new energy heavy truck market that had cumulative sales of more than 1000 vehicles as of August. After August, the gap between adjacent enterprises in the new energy heavy truck market has not been opened. The cumulative share difference between Yutong and Beiben, Foton and Hongyan, Foshan Feichi and Heavy Truck, as well as Dayun and Foshan Feichi and other adjacent enterprises is less than 1%. The fierce competition for the new energy heavy truck "qualifying match" in 2022 has reached a climax.
From January to August 2022, the overall market of new energy heavy trucks will achieve a growth of 319%. Some enterprises' share will increase significantly, while others' share will decline significantly. According to the analysis of First Commercial Vehicle Network, in addition to the increasingly fierce market competition, the sales structure of new energy heavy truck products continues to change significantly, which is also a major factor affecting the industry pattern.
In 2021, the market share of new energy tractors will continue to rise month by month, reaching 52.91% in the whole year; In the first month of 2022, the proportion of new energy tractors in new energy heavy trucks will exceed 50%, reaching 51.6%. After August, the proportion of new energy tractors will be close to 60%, reaching 58.67% (as shown in the figure above), an increase of 3.42 percentage points over the same period of last year; On the other hand, the proportion of new energy heavy-duty special vehicles above 12T was only 17.58% in the previous August, a decrease of 10.91 percentage points over the same period of the previous year.
The main reason for this situation is that under the national "dual carbon" background, the commercial operation of tractors with high transport efficiency in fixed line scenarios such as mines, steel plants, power plants and ports has become very mature, and the scope of implementation has become wider and wider.
Tractors rose 111% year on year in August, and Sany won the Double Championships again, and Han Males still ranked first in sales
As the most eye-catching segment of the new energy heavy truck market in 2022, the "report card" delivered by the new energy tractor market in August was: 1109 units were actually sold, an increase of 111% year on year, which is the same as the overall situation of the new energy heavy truck market. The new energy tractor market also showed significant growth in August compared with July, with a month on month growth of 55%. According to the data obtained by the First Commercial Vehicle Network, 1109 new energy tractors registered in August this year accounted for 60.04% of the whole new energy heavy truck market.
In August, Sany won the champion of new energy tractor terminal sales, with 205 licensed vehicles. This is the second time that Sany won the champion of new energy tractor monthly list this year (the last time was in April); XCMG sold 201 new energy tractors in August, ranking second in the monthly list with a weak disadvantage of 4; Hanma Technology and Beiben ranked 3rd and 4th respectively. In August, 161 and 157 new energy tractors were sold, with only 4 gaps; Foton Motor was another enterprise in the new energy tractor market with a sales volume of more than 100 vehicles in August, reaching 110; SAIC Hongyan, ranked sixth in the monthly list, also had nearly 100 cars.
In 2021, there will be 12 new energy tractor brands with more than 100 licenses in the whole year; In the first month of 2022, the number will reach 5. After August, the number will reach 13. Shaanxi Auto, Xiamen Jinlong and other enterprises are not far away from selling 100 vehicles. There is no doubt that in 2022, there will be many more "new friends" in the club with more than 100 new energy tractors than in 2021.
In terms of growth, 7868 new energy tractors were actually sold in the first eight months of this year, up 345% year on year. All enterprises have achieved substantial growth. Due to the small base in the same period last year, all enterprises are growing by more than one hundred or thousands. It is worth mentioning that the number of "participants" in new energy tractors has also increased significantly: in the first eight months of 2021, there are 17 "players" in the new energy tractor market, including Hanma Technology, Beiben, BYD, Dongfeng, Foton, Nanjing Jinlong, etc; In the first month of 2022, the number of "players" in the new energy tractor market will reach 14. After August, the number of participants in this segment will reach 23, one more than that after July. From the growth trend of the number of participating enterprises, it is also easy to see that the industry is optimistic about the prospects of this subdivided field. The entry of more powerful "players" has made the competition in the field of new energy tractors more intense this year.
In terms of market share, from January to August this year, Hanma Technology ranked first in the industry with a cumulative sales of 1198 vehicles and a cumulative share of 15.23%; XCMG's cumulative sales of new energy tractors also exceeded 1000, reaching 1137, with a cumulative share of 14.45%, temporarily ranking the second; The cumulative sales of Sany, Beiben and Foton exceed 800 vehicles, ranking 3-5 in the new energy tractor market. The cumulative shares from January to August of this year are 12.28%, 10.87% and 10.46% respectively, and they are the other three enterprises whose cumulative shares exceed 10%; The cumulative share of SAIC Hongyan, ranking sixth, is also close to 10%, reaching 9.91%, and the cumulative sales are also close to 800 vehicles, reaching 780 vehicles; Dongfeng Company, ranking No. 7, sold 560 new energy tractors accumulatively from January to August, with an accumulative share of 7.12%; In addition, the cumulative sales of Jiefang, Sinotruk, Foshan Feichi and Dayun also exceeded 200 vehicles. These four enterprises respectively captured 4.07%, 3.19%, 2.97% and 2.55% of the new energy tractor market in January August this year. The gap between adjacent enterprises is not large. The industry pattern after September may be another scene.
From January to August 2022, the new energy heavy truck market and the new energy tractor market basically continued the good performance of the last few months of last year. In August, the new energy heavy truck market created the third highest good performance in the year, which strengthened the confidence that the new energy heavy truck market will continue to be good. From the data point of view, in the second half of 2021, the new energy heavy truck market has obviously started to "increase", and the average monthly sales volume in the second half of last year is close to 1500 vehicles; The year-on-year growth rate of the new energy heavy truck market in July and August of this year was 114% and 127% respectively, which was significantly lower than the average year-on-year growth rate of 589% in the first half of this year. Next, it will be more and more difficult for the new energy heavy truck market to continue to grow significantly, which is the next focus of the new energy heavy truck market. At the same time, the new and old "players" in the heavy truck industry compete more and more fiercely on the new energy track, and the ownership of the sales champion is also in suspense. The next "competition" will certainly be more exciting.
