At the beginning of May 2024, the official website of the Automobile Industry Association of 12 European countries (Germany, France, Britain, Norway, Italy, Sweden, Spain, Switzerland, Portugal, Denmark, Finland, Poland) has announced its passenger car and electric vehicle sales in April one after another. Sales of new energy vehicles in Europe in April were + 12% year-on-year; expectations were much lower than the previous month. In April 2024, passenger car sales in 12 European countries totaled 89.Nftgamesthatcanearnmoney.30,000 vehicles (year-on-year + 13%, month-on-month-24%); sales of new energy vehicles totaled 175000 (year-on-year + 12%, month-on-month-27%), of which 116681 were pure electric (year-on-year + 15%, month-on-month-27%), and 58794 were mixed (year-on-year + 8%, month-on-month-28%). The penetration rate of new energy vehicles for the month was 19.7% (year-on-year-0.1pct, month-on-month-0.9pct), which was basically the same as last month. Affected by the rush sales at the end of the first quarter, April fell significantly from the previous month, compared with-40.3% in April last year, much lower than expected, there is no need to worry. Sales of new energy vehicles in Europe increased slightly in April compared with the same period last year. The cumulative sales of new energy vehicles in 12 European countries from January to April were 722331 (year-on-year + 5 per cent), of which 470523 were pure electric (+ 3 per cent), 251808 were mixed (+ 9 per cent), and the cumulative penetration rate of new energy vehicles was 19.6 per cent (year-on-year-0.3pct), basically the same. 1) GermanyNftgamesthatcanearnmoneySales of new energy vehicles are 44803 (8% compared with the same period last year), including 29668 pure electric vehicles (0% from the same period last year) and 15135 mixed vehicles (28% from the same period last year and-6% from the previous month). The penetration rate of new energy vehicles in the month was 18%, down 2.0pct from the same period last year and 0.5pct up from the previous month. 2) France: sales of 35834 new energy vehicles (28% compared with the same period last year,-29% compared with the previous year), including 24968 pure electric vehicles (46% from the same period last year,-27% from the previous year) and 10866 mixed vehicles (0% from the same period last year, compared with-33% from the same period last year); the penetration rate of new energy vehicles in the month was 24%, up 3.3pct from the same period last year and 3.7pct down from the previous month. 3) UK: 33210 new energy vehicles were sold (14% compared with the same period last year,-54% compared with the same period last year), of which 22717 were pure electric vehicles (11% from the same period last year,-53% from the previous year) and 10493 were mixed (22% from the same period last year, compared with-57% from the same period last year). The penetration rate of new energy vehicles in the month was 25%, up 2.8pct from the same period last year and 1.8pct from the previous month. 4) Norway: 10749 new energy vehicles were sold (32% year-on-year, 21% month-on-month), including 10051 pure electric vehicles (35% year-on-year, 15% month-on-month) and 698 mixed vehicles (- 1% year-on-year, 232% month-on-month). The penetration rate of new energy vehicles in the month was 96%, up 4.6pct from the same month last year and 4.1pct from the previous month. 5) Italy: sales of 7690 new energy vehicles (year-on-year-23%, month-on-month-30%), including 3208 pure electric vehicles (- 20% year-on-year, month-on-month ratio-40%) and 4482 mixed vehicles (year-on-year-26%, month-on-month ratio-21%); the penetration rate of new energy vehicles in the month was 6%, down 2.3pct from the same month and 0.0pct from the previous month. 6) Sweden: sales of 12514 new energy vehicles (9% year-on-year, month-on-month-10%), including 6801 pure electric vehicles (- 2% year-on-year,-18% month-on-month) and 5713 mixed vehicles (26% year-on-year, 3% month-on-month); the penetration rate of new energy vehicles in the month was 57%, up 1.2pct from the same month last year and down 1.2pct from the previous month. 7) Spain: sales of 8051 new energy vehicles (4% year-on-year, month-on-month ratio-18%), including 3420 pure electric vehicles (- 1% year-on-year, month-on-month ratio-19%) and 4631 mixed vehicles (7% year-on-year, month-on-month ratio-17%). The penetration rate of new energy vehicles in the same month was 9%, down 1.6pct from the same month last year and 1.5pct from the previous month. 8) Switzerland: sales of 4622 new energy vehicles (year-on-year-4%, month-on-month-32%), including 3179 pure electric vehicles (- 6% year-on-year, month-on-month ratio-33%) and 1443 mixed vehicles (year-on-year, month-on-month ratio-28%). The penetration rate of new energy vehicles in the month was 23%, down 3.5pct and 5.7pct. 9) Portugal: 5336 new energy vehicles were sold (31% compared with the same period last year,-17% compared with the same period last year), of which 3147 were pure electric vehicles (44% from the same period last year,-19% from the previous year) and 2189 were mixed (15% from the same period last year and-14% from the previous year). The penetration rate of new energy vehicles in the month was 26%, up 3.2pct from the same period last year and 1.0pct from the previous month. 10) Denmark: 7353 new energy vehicles were sold (47% compared with the same period last year), including 6581 pure electric vehicles (90% compared with the same period last year) and 772 mixed vehicles (compared with the same period last year). The penetration rate of new energy vehicles in the month was 48%, up 6.6pct from the same month last year and 0.9pct from the previous month. 11) Finland: sales of new energy vehicles were 2875 (year-on-year-28%, month-on-month-12%), of which 1677 were pure electricity (- 29% year-on-year,-9% month-on-month) and 1198 were mixed (year-on-year-28%, month-on-month ratio-15%). The penetration rate of new energy vehicles in the month was 47%, down 8.3pct and 3.5pct. 12) Poland: 2438 new energy vehicles were sold (2% compared with the same period last year,-21% compared with the same period last year), of which 1264 were pure electric vehicles (3% from the same period last year,-26% from the previous year) and 1174 were mixed (1% from the same period last year, compared with-15% from the previous year). The penetration rate of new energy vehicles in the same month was 5%, down 1.2pct from the same period last year and 0.7pct from the previous month. Investment suggestion: power battery is the most valuable part of pure electric vehicles, and policy adjustment may have an impact on relevant industrial chain enterprises. Suggested attention: 1) Power battery: Ningde era; 2) Iron lithium cathode: German Nano, Fulin Seiko, Dragon Technology; 3) Ternary cathode: Rongbai Technology, Xiamen Tungsten New Energy, long-term Lithium Technology, Dangsheng Technology, Zhenhua Technology; 4) negative electrode: Bertre, Zhongke Electric, Pu Tailai, Xinde New material; 5) diaphragm: Xingyuan material, Enjie share; 6) electrolyte: new Zebang, Divine material 7) Copper foil: Zhongyi Science and Technology, Jiayuan Technology; 8) Aluminum foil: Dingsheng New material; 9) structural components: Kodali, Zhenyu Technology; 10) Conductive Agent: Tiannai Technology, Dow Technology. Risk tips: sales of new energy vehicles fall short of expectations, the listing process of new cars is not as expected, the rise of raw materials weakens corporate profits too quickly, industry expansion intensifies industry competition, geopolitics, trade frictions hinder overseas supply chains, and security accidents affect enterprise production and marketing. [disclaimer] this article only represents the views of a third party and does not represent the position of Hexun. Investors operate accordingly, at their own risk.
[disclaimer] this article only represents the views of a third party and does not represent the position of Hexun. Investors operate accordingly, at their own risk.