Sales of Global Electric Vehicle May Decline by 43%

Energy consultant Wood Mackenzie estimates that global electric vehicle sales this year are expected to decline 43% from last year to 1.3 million units, mainly due to the impact of the new crown epidemic, demand for low fuel prices, delayed purchase of fleets, and worried consumers Hold a wait-and-see attitude first, and postpone the purchase decision.

Wood Mackenzie's research report pointed out that the global global electric vehicle sales volume is expected to decline to 1.3 million units this year, only more than half of last year's global sales of 2.2 million units.

Analysts originally believed that with the decline in battery pack prices, increased mileage, and more advanced and popularized charging infrastructure, electric vehicles will begin to accelerate growth in the global automotive market from the 2020s.

However, the New Crown epidemic and its economic impact have caused the electric vehicle industry to fail. In mainland China, sales in January this year fell by 21% compared with the same period last year, and fell sharply by 80% in February. Among them, electric vehicles were the hardest hit. Sales in January fell by 54% annually. %. In comparison, although European car sales fell 7% year-on-year in January, electric vehicle sales increased 121%. Although the growth rate in February will be lower than in January, the growth trend will continue.

However, Wood Mackenzie's report pointed out that the demand in the mainland market is expected to rise to last year's level by November this year, and Europe will catch up in December. Because the epidemic in Europe was late, the January and February figures have not yet reflected the impact of the epidemic. The demand for this year in the US is estimated to be 30% lower than last year.

The report pointed out that most of the new buyers of electric vehicles are the "first purchase family" of such technologies, but the uncertainty and doubts caused by the new coronary pneumonia outbreak have made consumers tend not to adopt new technologies for the time being After the epidemic on the mainland is contained, we expect consumers to go to the car access stores again to regain confidence in electric vehicles. "

The traditional car makers, which are preparing to enter the electric vehicle market, have announced that they will postpone the launch of new models originally scheduled to be released within a year for the next few years. According to the report, "In response to the epidemic, manufacturers have suspended production of automobiles and focused on the production of medical equipment, which will further delay the launch of new models."

The report pointed out that from the consumer's point of view, it is very reasonable to wait longer for new electric vehicles to be listed, but this will cause electric vehicle sales to stall, although the backlog of demand due to the epidemic will be driven later this year Sales picked up, but they will lack new demand growth until next year.