In depth analysis of traffic compulsory insurance data in November: the penetration rate of new energy in non restricted cities reached a record high
In November, the penetration rate of new energy passenger vehicles was 21.5%. In November, 364000 new energy passenger vehicles were insured, a year-on-year increase of 105.9%; Among them, there were 293000 pure electric vehicles and 70000 plug-in hybrid vehicles, with a year-on-year increase of 96.7% and 155.8% respectively. From January to November, 2.413 million new energy passenger vehicles were insured, with a penetration rate of 13.4% from January to November and 21.5% in a single month in November.
The penetration rates of new energy in non restricted and restricted cities were 17.2% and 22.1% respectively, a record high. In November, the penetration rates of first tier, second tier, third tier, fourth tier and lower tier cities were 36.0%, 22.2%, 19.4%, 16.1% and 11.2% respectively. In November, the penetration rates of new energy in non restricted, restricted and restricted cities were 17.2%, 36.5% and 22.1% respectively. In November, the top five cities in terms of new energy penetration were Hainan, Shanghai, Laibin, Sanya and Shenzhen, with penetration rates of 48%, 44%, 42%, 41% and 41% respectively. In November, the penetration rates of leased and non operating new energy were 81.4% and 19.4% respectively.
In November Byd Company Limited(002594) , Hongguang Mini EV won the championship of automobile enterprises and ranked first in the model. In November, the top 5 enterprises of new energy passenger vehicles were Byd Company Limited(002594) automobile, SAIC GM Wuling, Tesla China, Great Wall Motor Company Limited(601633) and Xiaopeng automobile respectively, and the number of insured vehicles was 84232, 42127, 32168, 15329 and 14921 respectively; The top5 models are Wuling Hongguang Mini EV, Tesla Model y, ideal one, Byd Company Limited(002594) song plus DM and Byd Company Limited(002594) Qin plus DM respectively, and the number of insured vehicles are 38379, 23419, 13438, 13024 and 12973 respectively.
Byd Company Limited(002594) in November, the number of insurance on new energy passenger vehicles continued to reach a new high, and Han EV broke 10000 for the first time. Byd Company Limited(002594) in November, 84232 new energy passenger vehicles were insured, an increase of 290.6% year-on-year and 28.9% month on month. Among them, there are 47108 pure electric vehicles and 37124 plug-in hybrid electric vehicles. In November, the number of Han EV’s Insurance exceeded 10000 for the first time, reaching 10352; 6031 dolphin insurance, with a month on month increase of 1996; There were 8926 Qin plus EVs, with a month on month increase of 1324. Qin plus DM and song plus DM insured 12973 and 13024 respectively, with a month on month increase of 828 and 3598 respectively.
There are 14755 gac-aean insurance, with the C-end accounting for 65.5%. In November, there were 14755 gac-aa insurance vehicles, with a year-on-year increase of 55.4% and a month on month increase of 26.2%. The number of insured vehicles on AI an s, AI an y and AI an V are 8151, 5208 and 1198 respectively. In November, the number of non operational insurances of EA accounted for 65.5%.
In November, there were 15181 Euler insurance vehicles, and the sales volume in cities with non restricted travel and purchase showed a bright performance. In November, there were 15181 Great Wall Euler brand insurance, with a year-on-year increase of 47.4% and a month on month increase of 45.0%. In November, the number of Euler’s black cats, good cats and white cats insured was 5822, 6586 and 1380 respectively, accounting for 55.3%, 50.6% and 54.5% respectively in cities without restrictions on travel and purchase.
Tesla’s insurance number in November was 32168. In November, there were 32168 Tesla insurance vehicles, with a year-on-year increase of 49.1% and a month on month increase of 132.5%. Model 3 and model y are insured 8749 and 23419 respectively. In November, Tesla accounted for 37.3%, 39.5% and 23.3% respectively in non restricted, restricted and restricted cities.
The sales volume of Xiaopeng and ideal reached a new high in November. Xiaopeng purchased 14921 insurance vehicles in November, with a year-on-year increase of 249.4% and a month on month increase of 45.0%; Among them, 7481, 5312 and 2128 Xiaopeng P7, G3 and P5 were insured respectively. In November, 13438 insurance vehicles were ideal, with a year-on-year increase of 187.4% and a month on month increase of 74.5%. In November, there were 10407 insurance vehicles in Weilai, with a year-on-year increase of 99.9% and a month on month increase of 165.3%. Nezha, Zero run and Weima insured 9541, 5168 and 4191 vehicles respectively in November, with a year-on-year increase of 519.5%, 190.7% and 63.5% respectively.
Investment suggestions: focus on recommending excellent independent vehicle enterprises Byd Company Limited(002594) , Guangzhou Automobile Group Co.Ltd(601238) , Great Wall Motor Company Limited(601633) and parts enterprises Changzhou Xingyu Automotive Lighting Systems Co.Ltd(601799) , Jiangsu Changshu Automotive Trim Group Co.Ltd(603035) , Shanghai Kelai Mechatronics Engineering Co.Ltd(603960) .
Risk tip: the subsidy has declined sharply; Chip shortage; Sales of new models were lower than expected
