In April 2023, a total of 15833 new energy logistics vehicles were sold, an increase of 12.2% year-on-year. Compared to the sales in March, the market sales have declined. In the first four months of this year, a total of 52300 new energy logistics vehicles were sold, a year-on-year increase of 23.9%.
According to the data, tram resources have compiled the market situation of new energy logistics vehicle motors from January to April this year.
Stable position in the "top three", with an increase of over 300% in the growth rate of Inviton
According to data, the top 10 motor companies with installed capacity for new energy logistics vehicles in April were Suzhou Huichuan, Wolong ZF, Dahe, Beiqi Foton, Technology Power, Oswell, Sunshine Electric Power, Remote Smart Core, Inventon, and InBev.
In April, the status of the "top three" enterprises was stable. Among them, the installed capacity of Suzhou Huichuan Electric Motor is 4194 vehicles, accounting for 26.5% of the market share, and it has won the championship in a row. Wolong ZF is the only company in the top three to have a year-on-year growth rate of over 189%, ranking second with an installed capacity of 3236 vehicles, accounting for 20.4%. The installed capacity of Dadihe exceeded a thousand vehicles, accounting for 1318 vehicles, accounting for 8.3%, ranking third. In April, with an installed capacity of over 1000 units, there was also Beiqi Foton, which rose to fourth place, with an installed capacity of 1038 vehicles providing installation support, accounting for 6.6% of the market share.
The companies ranked 5-10 and their sales volume are: Science and Technology Power 840 units, Oswell Power 683 units, Sunshine Electric Power 667 units, Remote Smart Core 639 units, Inviton 377 units, and InBev 285 units.
Compared to April last year, 6 out of the top 10 motor companies in April 2023 achieved positive growth. Among them, the remote smart chip achieved net growth, with more supporting light trucks and mid range models. Yingweiteng achieved a significant increase in installed capacity by supporting micro cards and micro faceted models, with a year-on-year increase of 314.3%; Next is Sunlight Electric Power, with a year-on-year increase of 220.7% in installed capacity. Its main supporting areas are mid range and small truck models.
It is worth mentioning that the ranking of Sunshine Electric Power has made significant progress, rising from 10th place in March to 7th place, increasing by three places, with a month on month increase of 33.4%. This is thanks to the increase in sales of Kairui finless porpoise and long-range sharp F3E.
From the perspective of market share, the total proportion of TOP 3 motor suppliers is 55.3%, while the total proportion of TOP 10 is 83.9%. The share of TOP 10 has increased by 4.2 percentage points compared to the same period last year (79.7%), and the "Matthew effect" is becoming increasingly evident.
Which car companies do the top 10 electric motor companies support?
From the supporting table, Suzhou Huichuan has equipped more than 40 vehicle models for 25 enterprises, among which Kairui New Energy has become the enterprise with the highest number of motor installations in Suzhou Huichuan, accounting for 35.1% of its motor share. Chang'an Kaicheng still ranks second in terms of supporting quantity, followed by Xinyuan Automobile, with supporting quantities of 673 units and 517 units respectively. Last April, Dongfeng Motor was the top supporting vehicle company in Suzhou Huichuan. In April of this year, Kairui New Energy benefited from the significant increase in sales of Kairui Jiangbo models, becoming the largest new energy logistics vehicle customer in Suzhou Huichuan that month.
The second ranked Wolong ZF, with remote new energy commercial vehicles accounting for 99.9% of its motor share. In addition, Wolong ZF also provides a small amount of supporting facilities for Xinya Tongda Automobile and Shandong Automobile.
Ruichi New Energy is the main supporting force of Dihe, with a motor quota of up to 92.1%. The main supporting models include Ruichi EC35II and Ruichi EC31. Dadihe also provides supporting facilities for the Kairui Youjin EV and UFO cars of Kairui New Energy.
Beiqi Foton is self-sufficient, mainly providing motor support for its own car company "Foton Motors"; Remote new energy commercial vehicles are the main supporting enterprises for Sunshine Electric Power and Remote Smart Core.
There are only two supporting car companies in China, including PolyTech Power, Osweier, Yingweiteng, and Yingbeier. The main supporting car companies are Guangxi Automobile, New Geo Automobile, Ruichi New Energy, and SAIC Datong in order.
In the first four months, the installed capacity of two enterprises exceeded 10000, and Suzhou Huichuan exceeded 15000 units
According to data, the top three new energy logistics vehicle motor installation companies in the first four months of 2023 are still Suzhou Huichuan, Wolong ZF, and Dadihe.
Among them, Suzhou Huichuan ranks first with over 15000 sets of electric motors, while models from nearly 30 mainstream car companies such as Kairui New Energy, Changan Kaicheng, and Xinyuan Automobile mainly come with Suzhou Huichuan's electric motors.
Wolong ZF firmly holds the runner up position, ranking second with an installed capacity of 11513 units, and over 99% of its motors are provided for remote new energy commercial vehicles.
In the first four months of 2023, the cumulative sales of Ruichi New Energy were 7011 vehicles, ranking second. 53.9% of its motors were supplied by Daiwa, which is also the main reason why Daiwa ranked third.
In addition, companies with a supporting capacity of over 1300 electric motors also have 3298 units from Polytechnic Power, 2700 units from Beiqi Foton, 2062 units from Osweier, 1658 units from Lingdian Electric Control, 1525 units from InBev, 1511 units from InBev, and 1398 units from Remote Smart Core.
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