Driven by pure electricity, the sales volume in February was + 11% month on month, and the penetration rate reached a new high of 6.4%
The overall sales volume of passenger cars in the United States is expected to be + 1.08 million in September, a year-on-year increase of - 2.02%. According to marklines data, in February, the sales volume of Shanxi Guoxin Energy Corporation Limited(600617) vehicles in the United States was 70000, with a year-on-year increase of + 78% and a month on month increase of + 11%, and the expected penetration rate was 6.4% and a month on month increase of + 0.5pct; Among them, the sales volume of pure electric vehicles was 56000, with a year-on-year increase of + 81% and a month on month increase of + 13%; The sales volume of plug-in hybrid cars was 13000, with a year-on-year increase of + 64% and a month on month increase of + 5%.
Tesla sold 43000 vehicles in the United States, with a year-on-year increase of + 98% and a month on month increase of + 6%.
In terms of models, modely / 3 contributed 2.5% of sales in February 16000 vehicles, accounting for 54% in total; The sales volume of models / X was 0.4/0.2 million respectively, with a month on month ratio of + 60% / - 25% respectively. In terms of car enterprises, Tesla sold 43000 vehicles in February, accounting for 61% of the market month on month -3pct.
Affected by the conflict between Russia and Ukraine, the vote on the annual Government Appropriation Bill has not been put on the agenda. Biden is expected to give priority to splitting and passing, and the climate clause is expected to be passed
Democratic Senator Manchin, who had previously opposed the "reconstruction of a better future" bill, softened his attitude and said he was open to the resumption of negotiations. In addition, Biden proposed that the BBB bill may be split or streamlined. The Senate is negotiating and voting on various terms and conditions one by one. Most of the provisions in the climate bill, including the clean energy tax credit, have received 50 votes, and the above provisions are expected to be split and passed first.
The richness of electric pickup trucks and pure electric vehicles has been improved, and the model driven sales and battery demand have increased. It is expected that the sales volume in the United States will continue to increase year-on-year in 2022.
Ford F-150 lightnings rivianr1t and other electric pickup truck models are listed in large quantities, which will drive the explosion of sales in the American electric pickup truck market; At the same time, from the second half of 2021 to 2022, new models of pure electric vehicles in the United States were listed in a centralized manner, and the model richness of new forces and traditional car enterprises was further improved, driving the sales of new energy vehicles in the United States to continue to increase year-on-year in 2022.
Tesla's global production capacity is accelerating, 4680 cars are about to go offline, and the optimization of production capacity and cost continues to support high-speed growth.
Capacity planning and delivery are accelerated. According to foreign media reports, Tesla's California plant is currently close to full capacity, and nearly two-thirds of Tesla in North America is provided by the plant (all models). Now it is considering further expansion of production capacity. In addition, the EIA approval of German plant accelerates the implementation of production capacity in advance. 4680 offline soon. In terms of time, Tesla expects that 22q2 is expected to realize the mass production of 4680 batteries, and 22h2 will realize the delivery of MYP models in the Texas factory. In the future, it will be extended to the mid-range models of the brand. The expectation of 4680 for cost reduction and performance improvement just solves the pain points of the current lithium battery industry chain and helps the demand growth.
Investment advice
It is estimated that the sales volume in the United States will reach 1.28 million in 2022, a year-on-year increase of +%%. Continue to recommend high-quality domestic lithium battery materials with high flexibility in the overseas supply chain. It is recommended to focus on Yunnan Energy New Material Co.Ltd(002812) , Guangzhou Tinci Materials Technology Co.Ltd(002709) , Shanghai Putailai New Energy Technology Co.Ltd(603659) , Shenzhen Senior Technology Material Co.Ltd(300568) , Cngr Advanced Material Co.Ltd(300919) , Guangdong Fangyuan Environment Co.Ltd(688148) , etc. entering the supply chain of major battery enterprises in the United States such as LG chemistry and ski.
Risk tips
The production and sales of new energy vehicles fell short of expectations, the prices of raw materials rose sharply, and the global epidemic intensified.
