Local car purchase policies continue to intensify, and sales of new energy passenger vehicles are expected to accelerate again.

In August, wholesale sales of new energy passenger vehicles reached 1.052 million units, showing year-on-year and month-on-month growth. Retail sales and export sales also achieved year-on-year and month-on-month growth. Looking ahead to Q4, policies such as trade-in and scrappage replacement are expected to continue driving sales growth.

As the industry enters the peak production and sales season in Q4, coupled with the implementation of trade-in subsidy policies in various regions, industry sentiment is expected to improve continuously, and new energy passenger vehicle sales are likely to accelerate. Q4 is about to enter the peak season for auto sales, and with policies like trade-in, new energy passenger vehicle sales are expected to continue growing.

Data from Tianyancha Professional Edition shows that, as of now, there are over 1.483 million existing enterprises related to new energy vehicles. Among them, from January to August 2024, over 224,000 new related enterprises were registered. Geographically, Guangdong, Shandong, and Jiangsu rank at the top in terms of the number of new energy vehicle-related enterprises, with over 158,000, 147,000, and 109,000 enterprises, respectively. In terms of establishment time, over 50% of related enterprises were established within 1-5 years, while those established within 1 year account for 23%.

Additionally, Tianyan Risk and Deep Risk data indicate that the number of judicial cases involving new energy vehicle-related enterprises is approximately 46,000, accounting for 3.6% of the total number of enterprises.