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Thailand: Tax Incentives for PHVs, HVs, and MHVs in addition to EVs
July 2024. The investment was approximately THB 2.3 billion with an annual production capacity of 50,000 units. Models such as the Aion Y Plus are manufactured there. Currently, the local sourcing rate of raw materials and parts is 45%. Foton Motor On November 26, 2024, Foton CP Motor Co., Ltd., BAIC Foton Motor Co., Ltd. (Foton Motor)'s joint venture in Thailand, held an opening ceremony for its new plant built in Chachoengsao province. The n...
Market & Tech Reports Updated at: 2025/05/12
Chinese Market Q1 2025
of interactive experiences with navigation maps, AI mobility features, scenario experiences, and more will be studied and explored. NIO Charging-related partnerships On January 17, 2025, Shanghai NIO Automobile Co., Ltd. (NIO) agreed to a partnership with Beijing Automotive Group Co., Ltd.'s (BAIC’s) Arcfox brand, regarding charging services. NIO’s charging network will be open to Arcfox users. On February 14, 2025, NIO agreed to a part...
Market & Tech Reports Updated at: 2025/04/24
Huawei Smart Car Model Comparison and Sales Status
, the solutions model, and the HIMA (Harmony lntelligent Mobility Alliance) Smart Selection Car model. Specifically, there is the "Aito" brand with Seres Group Co., Ltd. (Seres), the "Luxeed" brand with Chery Automobile Co., Ltd. (Chery), the "Stelato" brand with Beijing Automotive Group Co., Ltd. (BAIC), and the "Maextro" brand with Anhui Jianghuai Automobile Group Corp., Ltd. (JAC). In March 2025, Huawei launched new mobile phones at a new prod...
Market & Tech Reports Updated at: 2025/04/16
Alliances of Major OEMs in the Chinese Market
addition to this, NIO acquired an independent production qualification in December 2023, and also acquired production facilities and assets from JAC for its First Manufacturing Base Branch and Second Manufacturing Base Branch. Xiaomi EV Co., Ltd. (Xiaomi) had been outsourcing its production to the BAIC Group since early on, but in July 2024, the company obtained an independent production qualification. Chinese ICT companies such as Huawei, B...
Market & Tech Reports Updated at: 2025/04/04
Indonesia International Motor Show 2025 (IIMS 2025)
Sealion 7, local plant to start production in January 2026 GAC Aion: Aion V debut Chery: Unveiling Tiggo, Jaecoo, Omoda, and Jetour electric vehicles Geely: Re-entering the Indonesian market with CKD production of the EX5 Honri: Making its first foray into Indonesia with the Boma, a compact MPV BEV BAIC: Planning local production of ICE vehicles Hyundai: Compact SUV Venue Suzuki: eWX compact EV concept, Jimny test drive Honda: e:N1 subcompact ele...
Market & Tech Reports Updated at: 2025/03/31
Chinese Market 2024: Sales Volume 31.4M units, Chinese OEMs Share over 65%
feng Motor Corporation (Dongfeng) with a year-on-year decrease of 11.3% to 1.930 million units. This is largely due to sluggish sales at foreign joint ventures Dongfeng Motor Co., Ltd. (DFL, Nissan and Dongfeng joint venture) and Dongfeng Honda In ninth place was Beijing Automotive Group Co., Ltd. (BAIC), down 2.6% y/y, with the Arcfoxα, a solutions alliance model with Huawei, performing well. In 10th place, same as the previous year, was Great ...
Market & Tech Reports Updated at: 2025/02/19
Chinese Market Q4 2024
hai in 2025. The company plans to research L2 to L4 autonomous driving, implement Robotaxi demonstration testing, conduct in-depth research in the area of AI, and conduct in-house research and development of basic software. Capital increase for Beijing Hyundai According to an announcement made by BAIC Motor Corporation Ltd. (BAIC) on December 11, 2024, the company will increase its capital in Beijing Hyundai Motor Co., Ltd. together with Hyunda...
Market & Tech Reports Updated at: 2025/01/28
2024 China Electric Vehicle Charging and Battery Swap Ecosystem Conference
2024 China Electric Vehicle Charging and Battery Swap Ecosystem Conference China Charging Alliance, Li Auto, BAIC Summary China Charging Alliance (EVCIPA): EV Charging Infrastructure Development Annual Report Li Auto: High-quality ultra-fast charging networks on highways BAIC: Supporting high-quality dev. of charging industry through coordination between vehicles and charging stations Conference opening ceremony(Source: 2024 China Electric ...
Market & Tech Reports Updated at: 2025/01/14
Chinese OEM Overseas Expansion Activities: SAIC, Great Wall Motor
ontinued introduction of HEV/PHEV/BEV and other models, as well as parts and other related industries will also drive the market. Pakistan KD Plant In September 2024, Sazgar Engineering Works of Pakistan, a manufacturer and dealer of Great Wall Motor models and Beijing Automotive Group Co., Ltd. (BAIC) umbrella brand vehicles, announced that it has decided to invest PKR 4.5 billion (excluding land costs) to be used for plant expansion. In Novem...
Market & Tech Reports Updated at: 2024/12/20
Analysis Report: EV/HV Drive Motor (Chinese Market)
ing method Oil-cooled External dimensions 454mmx485mmx325mm Figure 3.14: EP220 3.10.3 Shanghai Edrive drive motor delivery status and net sales Table 3.35: 2023 Shanghai Edrive drive motor delivery status Major vehicle models supplied and OEMs Number of units delivered (units) Chery - BAIC Motor Changan Benben E-Star XPeng G3i Renault Dongfeng Fengon E1 Table 3.36: FY2019 - 2023 Shanghai Edrive financial results sales dat...
Market & Tech Reports Updated at: 2024/11/28
ASEAN Vehicle Sales and Production Update (Q3 2024)
7 Citroen Indonesia to start local production of E-C3 All Electric in August (August 14, 2024)https://www.marklines.com/en/news/312917 VKTR reveals progress of first commercial EV plant in Indonesia; wins new orders for e-trucks (July 30, 2024)https://www.marklines.com/en/news/312036 PT HIM becomes BAIC’s assembly partner in Indonesia; production to start in 2025 at Purwakarta plant (July 23, 2024)https://www.marklines.com/en/news/311667 GIIAS ...
Market & Tech Reports Updated at: 2024/11/26
Analysis Report: Air Conditioning System (U.S. and European Markets)
50 Sanden Huayu Automotive Air-Conditioning Co., Ltd. 50 HVAC modules, engine cooling components China Shenyang MAHLE Automotive Thermal Systems Co., Ltd. Shenyang Yantai Ningde 100 Shanghai MAHLE Thermal Systems Co., Ltd. FAW VW, FAW Car, SAIC-GM, SAIC-GM (Shenyang) Norsom Motors, Beijing Benz, BAIC Group, Brilliance BMW HVAC module, air conditioning, air conditioner condenser, air conditioner evaporator, air conditioner parts, radiator, inte...
Market & Tech Reports Updated at: 2024/11/07
Chinese Market Q3 2024
production qualification On July 12th, the Ministry of Industry and Information Technology issued the “Announcement on Road Motor Vehicle Manufacturers and Products” (Batch 385). According to the new product announcement, the name of the manufacturer of Xiaomi brand BEV sedans has changed from "BAIC Group Off-road Vehicle Co., Ltd." to "Xiaomi Automobile Technology Co., Ltd.", and Xiaomi Auto has officially obtained independent qualifications...
Market & Tech Reports Updated at: 2024/11/05
Analysis Report: Lithium-Ion Battery (Japan, Europe, North America and Korea)
on and battery production capacity of 85GWh in 2023, 200GWh in 2025, and 500GWh in 2030, up from 40GWh in 2020. CEO Jee Dong-seob said that the company is aiming to become the world's No. 1 battery supplier. In addition to the 10 existing cell production facilities (including the joint venture with BAIC and EVE Energy), two new facilities for the Ford joint venture BlueOval SK, and one new Hyundai joint venture site, are scheduled to start operat...
Market & Tech Reports Updated at: 2024/10/18
Analysis Report: Power Steering (Chinese Market)
roduction, and is one of the few local companies in China that can provide complete chassis-by-wire comprehensive solutions. With its solid product technology, the company has partnered with nearly 30 major automakers and autonomous driving companies, including Changan, Great Wall, GAC, Geely, BYD, BAIC, and Baidu, and is involved in more than 100 development projects, on its way to becoming a leader in chassis-by-wire in China. NASN Automotiv...
Market & Tech Reports Updated at: 2024/09/27
ASEAN (1) EV Promotion Policies; Increasing Entry of Chinese OEMs
t Java Plant (2026-) Great Wall Motor Rayong Plant Inchcape/Indomobil plant EP Manufacturing Plant Chery Rayong Plant (2025-) Bimantara Group plant Shah Alam Plant (2024-) Joint venture plant with Geleximco Group NETA Bangchan General Assembly Plant (2024) Bimantara Group plant (2024-) BAIC EP Manufacturing Plant Hyundai Motor Group Cikarang Plant Inokom plant Hyundai Thanh Cong Vietnam Plant VinFast West Java Plant (2025-) ...
Market & Tech Reports Updated at: 2024/09/04
GAIKINDO Indonesia International Auto Show 2024
AIKINDO), and the other they sponsored is the Indonesian International Motor Show (IIMS), which was most recently held from February 15th to 25th, 2024 and led by the exhibition organizer, PT. Dyandra Promosindo. Finished vehicle automakers (OEMs) and brands participating in the event were Audi, BAIC, BMW, BYD, Chery, Citroen, Daihatsu, GAC Aion, Great Wall Motors (GWM), Honda, Hyundai, Jaecoo (Chery), Jetour, Kia, Lexus, Mazda, Mercedes-Benz,...
Market & Tech Reports Updated at: 2024/08/30
Chinese Market H1 2024: New Vehicle Sales Exceed 14M Units, NEVs 4.9M
771,074 827,568 SAIC*1 771,081 765,301 Great Wall Motor 416,419 467,392 GAC 399,075 315,211 FAW 198,356 262,499 SERES Group 54,433 214,882 Li Auto 139,117 188,983 Dongfeng 120,759 159,936 NIO 55,770 87,426 Leapmotor 44,502 86,696 Anhui Jianghuai Automobile (JAC) 106,643 78,628 BAIC 81,214 74,025 XPeng 41,435 52,028 Hozon Auto 62,417 51,011 Xinyuan Group 57,125 33,124 Xiaomi 0 30,377 Jiangling Motors Group 7,740 9,9...
Market & Tech Reports Updated at: 2024/08/20
ASEAN Vehicle Sales and Production Update (Q2 2024)
767 Indonesia VinFast to start CKD production in Indonesia by 2025 and in India by H1/2025 (June 18, 2024)https://www.marklines.com/en/news/309921 Hyundai committed to EV/battery development in Indonesia; planning hydrogen-fueled car project (May 23, 2024)https://www.marklines.com/en/news/308548 BAIC officially enters Indonesia through PT JDI; BJ40 Plus and X55 II launched (May 16, 2024)https://www.marklines.com/en/news/308183 31st GAIKINDO In...
Market & Tech Reports Updated at: 2024/08/20
Chinese Market Q2 2024
government ministries, including the Chinese Ministry of Industry and Information Technology and the Ministry of Public Security, announced nine consortiums involved in the entry and on-road testing of intelligent connected cars in June 2024. These include Changan Auto, BYD, GAC Group, SAIC Motor, BAIC BluePark, FAW Group, and NIO, as well as SAIC-Hongyan (trucks) and Yutong Bus (buses). Measures to create new consumption scenes and foster ne...
Market & Tech Reports Updated at: 2024/08/01