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New Forces May Transcript "Released": Ideal Sales Exceeded 35000 Vehicles per Month This Year, NIO Breaks Monthly Delivery Record

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On June 1st, multiple new energy vehicle companies announced their sales results for May 2024.
In terms of new car making forces, Ideal Automobile still ranks first on the new car delivery list for that month. In May, Ideal Automobile delivered over 35000 vehicles, a year-on-year increase of 23.8%. As of the end of May 2024, the cumulative delivery volume of Ideal Automobile is about 774600 units.
Tabulation: Reporter Sun Lei
In addition, Ideal Automobile revealed that since the start of delivery on April 24th, the Ideal L6 has delivered over 15000 vehicles, setting a record for the fastest delivery of Ideal Automobile's new models. "The production capacity of the Ideal L6 is continuously increasing, and the delivery waiting period will be further shortened. Ordering car owners will also drive new cars faster," said Ideal Automotive.
NIO delivered approximately 20500 vehicles in May, a year-on-year increase of 233.8% and a month on month increase of 31.5%, breaking the company's monthly delivery record; From January to May this year, NIO delivered 66200 new cars, a year-on-year increase of 51%.
In terms of Zero Run cars, it delivered nearly 18200 new cars in May, a year-on-year increase of 50.6%. Among them, nearly 12000 units of Zero Run CI1 and C10 were delivered.
It is worth mentioning that the new model C16 of Zero Run Motors will be officially launched this month. According to Zhu Jiangming, the president of Zero Run Motors, he has set a relatively high goal for the team this year, with plans to deliver 250000 new cars domestically this year. Zero Run Motors also hopes to boost sales with the help of new cars.
Following closely behind is Xiaopeng Motors, which delivered approximately 10100 new cars in May, a year-on-year increase of 35.2% and a month on month increase of 8%, returning to the monthly delivery camp of over 10000. Among them, the monthly delivery volume of Xiaopeng X9 reached 1625 vehicles. From January to May this year, Xiaopeng Motors has delivered nearly 41400 new cars, a year-on-year increase of 26%. It is understood that the first product under the new brand MONA of Xiaopeng Motors will be launched in June.
Nezha Motors delivered 10113 new cars in May, slightly inferior to Xiaopeng Motors and becoming one of the few companies to experience a year-on-year decline. Nezha Motors stated that the Nezha L pure electric version has started pre-sales and is expected to be delivered in July.
In terms of Xiaomi Motors, Lei Jun, Executive Director, Founder, Chairman, and CEO of Xiaomi Group, revealed that in the past May, Xiaomi Motors delivered 8630 Xiaomi SU7 vehicles, with a cumulative delivery volume of over 15000 vehicles since delivery. Currently, the cumulative number of lock orders for this vehicle has reached 88000.
Lei Jun also stated that Xiaomi Motors will set up dual shifts in June, with a monthly delivery guarantee of 10000 vehicles. This year, they will guarantee a minimum delivery of 100000 vehicles and make every effort to sprint for 120000 vehicles. At the same time, it also stated that the Xiaomi SU7 is highly favored by female consumers, with 31% of users currently being women, and it is expected that this proportion will reach 50%.
As for the new brands created by traditional car companies, as of the press release of the Daily Economic News, Hongmeng Zhixing has not released delivery data for May. "May is a period of product adjustment, and the replacement of the main sales products has led to a short-term decline in sales. It is expected that sales will return to rapid growth in June." Huawei Executive Director, Chairman of Terminal BG, and Chairman of Intelligent Automotive Solutions BU, Yu Chengdong, said that in June, Wenjie will strive to deliver 40000 vehicles and will move towards the goal of 50000 vehicles in the future; The Zhijie brand is currently undergoing adjustments and will return to the track of growth.
According to data from GAC Aion, its global sales in May exceeded 40000 vehicles, with a month on month increase of 42.5%; From January to May, its global cumulative sales exceeded 140000 vehicles. "In May, Aion's internationalization efforts were frequent, and it has successively entered markets such as Myanmar, Singapore, Malaysia, Tajikistan, Nepal, etc. It has already entered 19 countries and regions in half a year. As we enter June, Aion's internationalization strategy will further accelerate, with plans to make new layouts in markets such as Hong Kong, Indonesia, and Qatar." GAC Aion stated.
In addition, the reporter also learned that the new second-generation AION V is planned to be launched in July, and the global model of the Haobo GT will also be launched. GAC Aion is seeking sales growth through these new cars.
Jike delivered approximately 18600 new cars in May, a year-on-year increase of 115% and a month on month increase of 16%, making it the best-selling pure electric brand in China with a sales volume of over 200000 yuan in 2024; Lantu Automobile delivered 4521 new cars in May, a year-on-year increase of 51% and a month on month increase of 11.5%. From January to May, the cumulative sales volume was nearly 24900 units, a year-on-year increase of 107%; Deep Blue Automobile delivered approximately 14300 new cars in May, an increase of 12.8% compared to the previous month. The cumulative sales from January to May were nearly 67200 new cars.
From the currently released data, various car companies have performed differently, but most of them have shown a trend of year-on-year and month on month growth, and multiple brands have set new delivery records.
The China Association of Automobile Manufacturers (CAAM) previously stated that in May, the retail sales of new energy vehicles are expected to reach around 770000 units, a month on month increase of 13.7% and a year-on-year increase of 32.7%. The penetration rate is expected to further increase to 46.7%. "This year, the policy of new energy vehicles going to rural areas was released earlier than last year. On May 15th, five departments also officially issued a notice on carrying out the 2024 new energy vehicle going to rural activities, and announced the first batch of models' catalogs for going to rural areas, forming stable support for the car market from the policy side." The China Association of Automobile Manufacturers believes that.
"The current new energy market has not fully reflected the hot market demand in terms of sales, and products such as Xiaomi SU7, Ideal L6, and Wenjie M9 have still accumulated considerable orders in hand. It is expected that with the smooth ramp up of production capacity, the penetration rate of new energy is expected to continue to increase. In the future, the new energy market will continue to welcome the launch of new products such as the first product of LeDao L60, BYD Qin L, Xiaopeng MONA, and the million dollar luxury product cooperation between Huawei and Jianghuai, which is expected to contribute to the growth of market demand and drive the continuous increase of new energy penetration rate," said China Galaxy Securities.
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