In March, the results of new forces were released! The sales of many car companies have doubled!

In March, 2024, major new energy vehicle companies handed over their bright sales transcripts, and the sales of many companies doubled, and the overall market showed a strong recovery.

Delivery of new forces in March

In March, AITO, a subsidiary of HarmonyOS Zhixing, delivered 31,727 new cars, once again winning the monthly sales champion of new power brands in China market.

The new M7 in Wenjie delivered 24,598 new cars in a single month, with a cumulative delivery of more than 120,000 vehicles listed, and continued to top the sales volume of new power models in China; On April 1st, Wall Street learned that the starting price of the new M7 model was reduced by 20,000 to 229,800 yuan.

M9, the flagship SUV of luxury technology, delivered 6,243 new cars in a single month, ranking first in the sales of China New Power vehicles with a price of over 500,000 yuan.

LI delivered 28,984 vehicles in March, a year-on-year increase of 39.2%; A total of 80,400 vehicles were delivered in the first quarter, a year-on-year increase of 52.9%. So far, LI has delivered 713,764 vehicles, becoming the first new energy automobile enterprise to reach the milestone of 700,000 vehicles.

On April 1st, Zero-Run Cars released the latest delivery data: In March 2024, 14,567 zero-run cars were delivered, achieving a year-on-year increase of over 136%; The cumulative delivery in the first quarter reached 33,410 units. With the C10 new car effect of zero-running, the zero-running car became more and more obvious-in March, it "grabbed" the third place in the sales of new forces for several weeks, and stood firm in the head position of new forces, showing a strong development momentum.

It is worth mentioning that Zero Run also handed over an excellent report card for the second year of listing-Zero Run’s 2023 financial report showed that the annual revenue reached a record high of 16.75 billion yuan, up 35.2% year-on-year, and the growth rate was at the forefront of new forces; In 2023, the gross profit margin of Zero Run turned positive for the first time. According to the industry convention, if the rebate given to dealers is added back, the gross profit margin of Zero Run can reach about 10%, and the gross profit will continue to improve; At the same time, the cash flow of zero-running cars also turned positive for the first time in the whole year, reaching 1.08 billion yuan; By the end of 2023, the company had abundant capital resources in hand, reaching 19.39 billion yuan.

In March, we delivered 13,012 new cars, up by 95% and 73% respectively. From January to March, a total of 33,059 units were delivered, up 117% year-on-year.

According to the polar krypton, the polar krypton new 001 has definitely exceeded 30,000 units in the first month of listing, and the subsequent polar krypton will accelerate the climbing speed of the car.

At the performance meeting of Geely Automobile on March 20th, CEO An Conghui expressed confidence in achieving the sales target of 230,000 vehicles this year. He mentioned that there are still many orders for Krypton 007 that have not been fully delivered and are currently accelerating production; The new 001 is expected to continue to sell more than 10,000 yuan a month this year.

In terms of new products this year, An Conghui revealed that a luxury MPV will be launched during the Beijing Auto Show, a new medium-sized MPV MIX will be launched in the second quarter, and a medium and large SUV will be launched in the fourth quarter, thus forming a product matrix of six models by the end of the year to cope with market competition.

Weilai also announced the delivery in March. According to the official announcement, in March 2024, Weilai delivered 11,866 new cars, up 14.3% year-on-year and 45.9% quarter-on-quarter. In the first quarter of 2024, Weilai delivered a total of 30,053 new cars. Up to now, Weilai has delivered a total of 479,647 new cars.

According to the official, the switching of Weilai 2024 models has been basically completed, and the new car has arrived at the store. In April, Weilai intelligent cockpit and intelligent driving will usher in a major upgrade.

In addition, in response to the call of the State Council’s "Action Plan to Promote Large-scale Equipment Renewal and Trade-in of Consumer Goods", Weilai announced the introduction of a subsidy of up to 1 billion yuan for replacement of oil vehicles. From now on, oil truck users will receive an additional 10,000 yuan of optional fund subsidy if they replace Weilai 2024 new cars.

In March, Xpeng Motors delivered a total of 9,026 new cars, up by 29% and 99% respectively. In that month, X9 delivered 3,946 units, and nearly 8,000 units were delivered in March. From January to March, Tucki delivered a total of 21,821 new cars, a year-on-year increase of 20%.

Nezha said that all terminals delivered 8,317 vehicles in March, and the new car Nezha L will be launched in April, which will be delivered immediately.

It is reported that the reconstruction and expansion project of Nezha Tongxiang Automobile Factory is under way, which will have a great impact on the output in March and April. It is expected that the production capacity will be gradually boosted from the middle and late April, with an annual output of 200,000 vehicles. In contrast, Nezha Automobile delivered 6,085 vehicles in February and 10,032 vehicles in January.

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