China Top 10 - January 2016

BYD's Bad Boy: The Tang getting ready to race Cayenne's and BMW X6's

 BYD Tang #1 by a long shot

Still with incomplete data, we have already 13.792 EV's sold last January in China, an awesome 144% increase over January 2015, these early signs show that the plug-in market will continue to grow at a rapid pace, considering that January and February are the slowest selling months in China for EV's, i'm already wondering if the forecast made a few weeks ago (400.000 units) was not ambitious enough... 

Looking at the models individually, the Tang SUV has already left the competition eating its dust, delivering three times more units than the #2 BAIC E-Series, which, by the way, increased its sales YoY by a factor of nine(!).

Other model to increase sales exponentially, was the JAC i EV, selling 1.427 units, when a year ago it had delivered 200 units...

In fact, only three models didn't experienced a surge in sales, the #7 BYD e6 was up only 40%, while the #9 Chery eQ sales increased an iffy 10%, with the only model losing pace, the BYD Qin, is more a victim of BYD's success than lack of demand, as the chinese company is prioritizing the fat profits of the Tang SUV, over the production of other models. 

Pl	Model	Jan. Sales
1	BYD Tang	4.012
2	BAIC E-Series EV	1.646
3	JAC i EV	1.427
4	SAIC Roewe 550 PHEV	1.153
5 6 7 8 9 10	JMC E100 Zotye Cloud EV BYD e6 Zotye Zhima E30 BYD Qin Chery eQ	1.009 814 686 610 517 390

Source: http://www.chooseauto.com.cn/xlph/

Read More

Batteries December 2015

BYD Reaches #2 

- No surprises in the leadership, Panasonic is high above thanks to the continued success of battery-hungry Tesla, with VAG plug-ins compensating for the Toyota sales drop, here it's business as usual for Panasonic;

- BYD is on a never-ending growth trend, being the only manufacturer to significantly improve share (14% now vs 6% last year) in the ranking, all while tripling production YoY; 

- LG Chem has stopped the bleeding, with the Volt II ramping up production and the New Gen batteries coming later in the year, it seems the future is once again bright for the South Korean manufacturer, but the question now is: "Will a reinvigorated LG be able to remove BYD from the Second Spot?";

- AESC, the joint venture between NEC and Nissan, continues to lose share (Down 12%(!) YoY), with the Leaf sales losing steam and with Nissan outsourcing batteries to LG in the future, the future is bleak for the Joint Venture;

 - In a fast growing market, Lithium Energy Japan (GS Yuasa / Mitsubishi) sales have risen on a modest rate, hampered by the small battery volume each Outlander PHEV has;

- Samsung has a partnership with BMW and FIAT, and with both auto manufacturers plug-in sales improving, Samsung has beaten last year result by a large margin, albeit it wasn't enough to win market share. 

- Epower is the first of a series of small chinese battery makers at the bottom of the ranking, with BPP in #8, Air Lithium (Kandi provider) in #9 and Wanxiang in #10, an interesting fact is that all of them have increased share regarding last year.

China is Rising...

Pl	Battery Makers	2015 MWh	2014 MWh	%'15	% '14
1	Panasonic	4.552	2.726	38	38
2 3	BYD LG Chem	1.652 1.432	461 886	14 12	6 12
4 5	AESC Mitsubishi/GS Yuasa	1.272 600	1.620 451	11 5	23 6
6	Samsung	504	314	4	4
7	Epower	489	N/A	4	N/A
8 9 10	Beijing Pride Power (BPP) Air Lithium (Lyoyang) Wanxiang	397 283 268	121 N/A N/A	3 2 2	2 N/A N/A
	TOTAL	12.289	7.167

Read More