Crui Dongshu: Huawei's HiCar, EnjoyCar, and HonorCar products have better performance, Geely and Changan have lower energy consumption advantages
Phoenix Technology News August 12th, Crui Dongshu, secretary-general of the Automobile Market Research Committee of the China Automobile Circulation Association, published an article on the situation of pure electric passenger cars. He pointed out that self-owned new products are numerous and product competitiveness is strong. Huawei's HiCar, EnjoyCar, and HonorCar have better performance indicators. Geely and Changan have remarkably low energy consumption, with significant practical advantages.
In terms of new car inserts, BYD, Changan, Qirui, and Geely's self-owned brands have performed well. Some models from BYD and other brands have reduced their insert energy consumption to around 15 degrees, performing well.
The range-extending product lineup is very rich, with long-range models having low oil and electricity consumption, which are future growth points. However, the recent trend in the range-extending market has been poor, and new products are expected to activate this market.