Pure Electric Logistics Vehicles Rose 15 times in July

 www.chinaspv.com: In July, 2017, total production of pure electric special vehicles was at 10813 units, which is 1536% higher than its sales of 661 units last year and up 68.4% month over month. The increase in sales reached all-time high levels for the year and this is also the first month for pure electric special vehicles to exceed 10 thousand in production.

In July, Dongfeng, New Chufeng, Kissunauto and Ruichi are top four enterprises with impressive sales. Hubei New Chufeng achieves sales of 3926 units in July as number one on the ranking list, followed by Kissuauto, 2001 units, Dongfeng 1045 units, and Ruichi 1017 units.

According to the statistics, the production of pure electric special vehicles during January to July increased by 219%, up to 23815 units as against previous year’s 7467 units. In the total volume of pure electric special vehicles, most of them are logistics vehicles, representing 91.82% of total production. The rest is mostly pure electric sanitation vehicle with a proposition of 4.45%.

Pure Electric Logistics Vehicles  Production From Jan. to July, 2017

However, in terms of production from January to July, Dongfeng saw the largest volume at 133% to 5093 units with a market share of 21.4, which is followed by Hubei New Chufeng at a market share of 18% to 4296 units. Kissunauto shows the third highest volume at 14046% year over year to 3961 units with a market share of 16.6%.The top three get close to each other in terms of market share.

From January to July, Chongqing Ruichi, specialized in developing mini logistics vehicles, saw its total output capacity of 1506 units, up 1882% year over year. While its market share stands at 6.3%, making it the fourth largest enterprise in the pure electric special vehicles industry. NLM motor ranks among the fifth player with a sales volume of 1112 units and market share of 4.7%. Victory Auto comes as number six on the ranking list with a production of 1050 units and market share of 4.4%

SAIC MAXUS and Jihai New Energy also report a positive increase at 3.4% and 3.0% respectively to 802 units and 704 units, making them number seven and eight player on the list. The big difference between them is that SAIC MAXUS focus on developing pure electric logistics vehicle with 4 tons on the basis V80 wide-body bus while Jihai on those below 2 tons.

If the trend continues, there is a chance for pure electric logistics vehicle to realize 80 thousand-100 thousand sales in the year of 2017.

Yearly Line Chart for Pure Electric Logistics Vehicles During 2013-2017

 

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China Special Vehicle Adivsor