German BMW plans to build 360,000 charging piles in China in April, global sales of new energy vehicles top

On June 3, to accelerate its position in the world’s largest electric vehicle market, BMW China revealed at the first BMW Group Sustainable Development China Summit that it will build 360,000 charging piles in China before the end of this year; it will be built by the end of 2022. 100 "Trinity" charging stations for photovoltaic, charging, and energy storage.

Jochen Goller, CEO of BMW China, said: “As a multinational company all over China, BMW will fully support China's implementation of a low-carbon economy plan, and sustainable development will become our core strategy in China.” It is reported that China aims to achieve carbon neutrality by 2060. In China’s new energy vehicle development blueprint, Chinese regulators estimate that the proportion of electric vehicles in new vehicle sales may rise from the current 5% to 20% in 2025.

BMW said that it will release 12 all-electric BMW and Mini models in China in 2023, covering the mainstream market. It is expected that all-electric vehicles will account for 25% of BMW's total sales in China by then. Goller said that BMW will begin mass production of two Mini electric cars worldwide in 2023. The company's joint venture with Great Wall Motors also started mass production of cars in the same year. The joint venture's factory is currently under construction, and the main body of the plant will be completed within this year.

Tesla topped the global new energy vehicle sales list in April but fell by 80% month-on-month, and the top five BYD rose month-on-month

On June 2, according to EV Sales data, the global sales of new energy passenger vehicles in April reached 392,000, a year-on-year increase of 255.9% and a month-on-month decrease of 26.2%. Among them, the Chinese market sold 175,000 vehicles, accounting for 44.6%; the European market sales exceeded 159,000 vehicles, accounting for 40.6%.

Although Wuling Hongguang Mini EV has achieved good sales in China due to its good price/performance ratio, and Tesla dominated the global sales of electric vehicles in April, its sales reached a staggering 29,251 units. Judging from the list, Wuling Hongguang MINI EV, Tesla Model Y, and Model 3 are still in the top three. It is worth noting that the sales volume of Model 3 in April was 14,980, a decrease of 80% from the 75,888 in March, and the ranking dropped to third. The sales volume of Model Y was 16,232, almost half of the previous month. This is the first time that it has surpassed Model 3 in single-month sales and rankings since its launch.

In the April list, the sales of Volkswagen ID.4 exceeded 10,000 for the first time, reaching 10,318. This month, Volkswagen ID.4 and ID.3 are both on the list for the first time, and according to the statistics of the first 20 in April, there are 6 models From China, are Wuling Hongguang MINI EV, BYD Han EV (sixth), Ideal ONE (seventh), GAC AION S (ninth), Chery eQ (13th), Euler Black Cat (14th).

Among the top five car companies, Tesla fell 71.2% month-on-month, SAIC-GM-Wuling fell 29.3% month-on-month, BMW fell 28.3% month-on-month, Volkswagen fell 7.8% month-on-month, and only BYD in the Top 5 increased by 6.8% month-on-month. Regarding the reason for the month-on-month decline, it is estimated that the shortage of chips is one of the main reasons, and BYD has realized self-developed and self-produced chips.

Publicly disclosed data shows that China is becoming an increasingly important market for Tesla. The company's sales in China in the first quarter were US$3 billion, accounting for 29% of global sales in the same period. This is higher than 21% for the full year of 2020.

At the same time, Tesla's negative news in China has increased. In the past few months, reports of Tesla brake failures crashes, and explosions broke out in many places in China and aroused scrutiny by regulatory agencies. In addition, Reuters reported on Tuesday, citing sources, that Tesla has stopped buying land and plans to expand its Shanghai factory.