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HOME >> NEWS >>Industry News >> Oil price rise "dissuades" fuel car purchasers new energy car companies order volume surged, some models delivery time more than 5 months
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Oil price rise "dissuades" fuel car purchasers new energy car companies order volume surged, some models delivery time more than 5 months


Since march, the price of domestic refined oil has returned to the "8 yuan era", which makes many consumers who hold cash waiting to buy have to choose between fuel cars and electric cars.  

 

"This year domestic oil prices in March hit a new high in nearly 10 years, the high oil prices directly push up the daily commuting cost of fuel cars, for the further promotion of new energy and oil and electric hybrid technology continue to expand the base level."  Choi Dong-shu, secretary-general of the Association, said.  

 

Whether to buy a petrol car or a tram is a difficult question  

 

"You can buy a bike with one gas fill-up, and you can buy an electric bike with two more."  

 

"Right, group buy, charge convenient."  


This is a conversation between some netizens in a community. Although it has a mocking color, there is no lack of real mood.  In the previous 24 on March 3, a new round of domestic refined oil price adjustment window opened.  Nationwide, gasoline 92 will be raised by 0.2 yuan per liter, gasoline 95 by 0.22 yuan and diesel 0 by 0.22 yuan per liter.  In global markets, brent crude has climbed to around $130 a barrel so far.  This means that the next, domestic finished oil prices or will continue to usher in a larger adjustment.  

 

"If gas prices stand at 9 yuan (per litre), you have to spend 40 yuan more every time you fill up."  After some netizens announced their "bills", the group fell into silence.  Different from the silence in the community, the offline new energy vehicle enterprises are very busy.  

 

"The delivery time of the 500 km ev Plus is about 2-3 months, while the delivery time of the 600/700 km V Plus is 5-6 months due to the high requirements of battery life and the shortage of supply chain and the increase of orders."  An 4S sales staff said, "Our order volume is very sufficient, the production line is at full capacity."  

 

Record delivery times of five or six months were also set by the ever-hot Tesla.  According to its website, the current Model 3 and Model Y long-endurance versions are expected to take 16-20 weeks to deliver, or 4-5 months;  The Model Y also has a maximum wait of 14 weeks for rear-wheel drive and 16 weeks for high performance.  This is about one month longer than the delivery time of mid-January this year.  If a Tesla Model 3 is ordered now, it will be picked up in August at the latest.  


New car makers are also benefiting from rising oil prices.  "It would be good to see march deliveries at this point."  A xiaopeng automobile internal personnel told the financial Associated Press reporter, because the order volume increases, xiaopeng automobile extended the delivery time for this.  In the case of the P7, the 480-km range takes about 6-7 weeks, while the 670km range takes 8-9 weeks, compared with 4-6 weeks previously.  

 

In addition to Xiaopeng and Tesla, the delivery time of NiO is about 8 weeks, while the delivery time of Ideal is about 5-7 weeks.  

 

Multiple factors to the new energy vehicle market long-term positive  

 

"Terminal bookings have been on the rise recently, but there is no direct statistical evidence that this is due to rising oil prices."  Regarding the current surge of orders and the continuous extension of the delivery cycle, the relevant person in CHARGE of BYD (231.00 +0.26%, Medical shares) made an objective analysis, "many users are actually considering the cost of daily commuting, and the technology and driving experience of new energy are getting better and better, there is a 'superposition effect'."  

 

This view coincides with Cui Dongshu.  "[The rise in oil prices] has brought a great psychological burden on ordinary consumers to buy fuel cars. In addition, some industries suffered losses under the impact of the recent epidemic, and the purchasing power of many entry-level household users has been affected to a certain extent, which directly impacts the market demand for traditional fuel cars."  Cui Dongshu believes that "the rise in oil prices has a good role in promoting the development of the global new energy vehicle market. In particular, it will accelerate the iteration of plug-in hybrid vehicles on traditional fuel vehicles and bring a certain increase to the new energy vehicle market."  

 

Byd sold 88,283 new-energy vehicles in February, up 752% from a year earlier, according to the company's production and sales bulletin.  By comparison, its conventional fuel cars sold just 2,795 units, down 73.6% from a year earlier.  The ebb and flow between, shows that the market acceptance of new energy vehicles is strengthening.  

 

Although the price of new energy vehicles rose generally due to subsidy withdrawal and raw material prices, but from the market performance in February this year, new energy vehicles still maintained a good momentum of growth.  According to the latest data from the Passenger Association, retail sales of new energy passenger vehicles reached 272,000 units in February, up 180.5% year on year and down 22.6% month on month, which was smaller than the trend of February in previous years.  

 

According to take the federation is expected, as the new energy subsidies TuiPo and rising prices of raw materials, the early stage of the price of some models fine-tuning brings order short downturn, new energy vehicles price acceptance back after the Spring Festival, together with many car companies are still backlog a large number of the early stage of the delivery order, so the march sales of new energy vehicles will not significantly affected by TuiPo subsidy policy.  

 

"The rise in oil prices is definitely good for all new energy vehicle companies, because the cost of using fuel cars will greatly increase."  Fang Yunzhou, founder and chairman of Nezha Automobile, gave his verdict.  


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