On February 1, domestic NEV companies showed their January sales results. Among car companies, BYD is still the most impressive. Although it fell 35.74% month-on-month, it still increased by more than 60% year on year, accounting for more than 40% of sales in the entire market. With the exception of BYD, only Ideal Auto and Aian delivered over 10,000, while only Ideal Auto and Celis achieved positive year-on-year growth. However, there are also car companies' deliveries that have fallen beyond expectations. Among them, Zero Sports Auto, which had an IPO at the end of last year, plummeted by more than 80%, delivering only 1,139 vehicles, while Xiaopeng Motor followed suit, with a year-on-year drop of nearly 60%. Cui Dongshu, secretary general of the CPC, believes that the growth in new energy sales has reached a bottleneck stage. After the new energy policy is delisted in 2023, sales growth will be a serious issue. “Prices of new energy models rose too much in the early stages, and there were few orders. Coupled with price cuts by leading companies such as Tesla, it caused a wait-and-see sentiment among consumers, which dropped significantly from month to month.” (China Fund News)