The monthly sales volume of the three new car manufacturers in China has changed more and more frequently, and the production capacity fluctuation has become a key factor. Each is also stepping up the construction of the second and third factories.
The delivery data of each company in February were released as scheduled. Among them, Weilai delivered 6131 vehicles, with a year-on-year increase of 9.9% and a month on month decrease of more than 36%; Xiaopeng delivered 6225 vehicles, with a year-on-year increase of 180% and a month on month decrease of 52%; A total of 8414 vehicles are expected to be delivered, with a year-on-year increase of 265.8% and a month on month decrease of 31%.
Although the delivery volume of the three auto enterprises is still rising year-on-year, they all fell month on month. Ideal car temporarily led the way, Xiaopeng car fell most significantly month on month, and Weilai car lagged behind in year-on-year growth.
Production obstruction is a direct factor affecting the fluctuation of sales volume. Xiaopeng may be affected by the technical transformation of Zhaoqing base. In the announcement, the company said that during the Spring Festival holiday from the end of January to the beginning of February 2022, the company completed the technical transformation and upgrading of Zhaoqing base, which will further help the company accelerate the delivery of a large number of orders on hand. Ideal said that production was affected by the Spring Festival, the epidemic in Suzhou and the shortage of some parts.
For Weilai, a special factor is that the imminent launch of new models may lead to sales diversion. As welai NT2 The first product of 0 platform, medium and large car et7, will be delivered on March 28.
Looking at the performance of various models, Weilai ES6 is the main model, with 3309 delivered in February. In addition, 1084 and 1738 es8 and ec6 were delivered respectively. Xiaopeng P7 has become a strong contributor to sales. 3537 vehicles were delivered in February, 2059 and 629 vehicles were delivered for P5 and G3 / g3i series respectively. At present, there is only one additional program model ideal one. Li Xiang, chairman of the company, said at the recent earnings conference that more products will be covered in the price range of 2 Shenzhen Fountain Corporation(000005) 00000 before 2025.
In terms of production capacity, the three new forces of car making have entered the stage of active production expansion. At present, the annual production capacity of Weilai’s factory cooperating with JAC is 120000 units, which will be expanded to 240000 units in the first half of this year; Hefei Xinqiao No. 2 factory will start production in the third quarter of this year, and the annual production capacity is expected to be up to 300000 vehicles.
The three production bases of Xiaopeng automobile are located in Zhaoqing, Guangzhou and Wuhan respectively. Among them, Zhaoqing factory has achieved a monthly production capacity of 10000 vehicles in 2021; The construction of Guangzhou production base has begun, with a planned capacity of 100000 vehicles, which is expected to be put into operation in the third quarter of 2022; Wuhan production base has also begun construction. After Wuhan production base is put into operation, Xiaopeng automobile will have an annual production capacity of more than 300000 vehicles.
At present, ideal automobile has two factories. The Changzhou factory has an annual production capacity of 100000 vehicles. The Beijing factory officially started construction in October 2021 and is planned to be put into operation in 2023. The planned annual production capacity is 100000 vehicles. In addition, the company disclosed in its annual report that it will build a third factory in Liangjiang New Area, Chongqing.
At present, the restrictive factor affecting automobile production capacity is the supply of key parts such as chips and batteries. In view of the chip supply problem, Xin Guobin, Vice Minister of the Ministry of industry and information technology, said recently that from the monitoring of key automobile enterprises, although the shortage of automobile chip supply has been gradually alleviated, there is still a certain gap compared with the demand and production scheduling plan of vehicle and parts enterprises. Considering that the world’s major chip enterprises have increased the production and supply of vehicle specification chips, the new production capacity will be released one after another this year, and the supply capacity of some chip products in China is also gradually improving, it is expected that the supply situation of automobile chips will continue to improve.
In terms of power batteries, various battery manufacturers have thrown out plans for substantial production expansion, but the price rise at the resource end is not only rising, which may squeeze the profit space of the middle and lower reaches. According to xinlune lithium battery data, the average price of lithium carbonate battery today is 495000 yuan per ton, up from the previous day and several times over last year.
