In August 2022, the retail sales of the passenger car market reached 1.871 million units, a year-on-year increase of 28.9%, which is the highest growth rate in the past 10 years; retail sales in August increased by 2.9% month-on-month, and the month-on-month growth rate is close to The second-lowest level in history for the same period in 10 years. The cumulative retail sales from January to August were 12.95 million units, a year-on-year increase of 0.1% and a year-on-year increase of 13,000 units, of which the increase of 1.102 million units from June to August was a huge contribution.
In August, the production of passenger cars was 2.116 million units, a year-on-year increase of 41.9% and a month-on-month decrease of 1.9%. The measures to ensure supply in the industrial chain were effective. In August, the wholesale sales volume of manufacturers was 2.097 million, a year-on-year increase of 38.3% and a month-on-month decrease of 1.7%. Driven by the new energy market, the performance of some car companies was significantly differentiated. Manufacturers' wholesale sales in January-August reached 14.403 million units, an increase of 11.9% year-on-year.
In August, the wholesale sales of new energy passenger vehicles reached 632,000 units, a year-on-year increase of 103.9% and a month-on-month increase of 12.0%. Under the policy of halving the car purchase tax, new energy vehicles were not only not affected but continued to improve month-on-month than expected. From January to August, the wholesale of new energy passenger vehicles was 3.662 million, a year-on-year increase of 119.4%. In August, the retail sales of new energy passenger vehicles reached 529,000 units, a year-on-year increase of 111.2% and a month-on-month increase of 8.8%. From January to August, a "W-shaped" trend was formed. From January to August, the domestic retail sales of new energy passenger vehicles were 3.262 million, a year-on-year increase of 119.7%.
In terms of monthly domestic retail share, in August, the retail share of mainstream self-owned brand new energy vehicles was 70%, an increase of 4.2 percentage points year-on-year; the share of joint venture brand new energy vehicles was 6.4%, a year-on-year decrease of 0.64 percentage points; the share of new forces was 15.3%, a year-on-year decrease of 3.9 percentage points; Tesla's share was 6.5%, an increase of 1.3 percentage points.
In August, the export of new energy passenger vehicles was 77,000. In August, Tesla China exported 42,463 new energy vehicles, SAIC Motor exported 15,004 new energy vehicles, Dongfeng Yijiete exported 8,462 vehicles, BYD Auto exported 5,092 vehicles, and Geely Automobile exported 1,933 vehicles. , SAIC Maxus 1,232 vehicles, Shenlong Motors 1,025 vehicles, Jianghuai Automobile 487 vehicles, Skyworth Automobile 278 vehicles, FAW Hongqi 263 vehicles, Dongfeng Passenger Cars 262 vehicles, and the export of new forces has gradually started recently.
The new energy passenger vehicle market hit a record high in August, and BYD's pure electric and plug-in hybrid drives have consolidated its leading position in new energy brands; traditional car companies represented by Chery Group and GAC Group are in the new energy sector. The performance is quite outstanding. In terms of product launch, with the multi-line development of independent car companies on the new energy route, the market base continues to expand. There are 16 companies with wholesale sales of more than 10,000 vehicles (the same month-on-month, an increase of 10 year-on-year), accounting for new 84% of the total energy passenger vehicles. Among them: BYD 173,977, Tesla China 76,965 , SAIC-GM-Wuling 52,551, Geely 37,500, Chery 28,778, GAC Aian 27,021, SAIC Passenger Car 26,941, Changan Automobile 16,679, Nezha 16,017, Leapmotor 12,525, FAW-Volkswagen 12,010, Great Wall Motor 11,964, Dongfeng Easyjet 11,200, NIO 10,677, SAIC Volkswagen 10,590, and Celis 10,045.