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Chinese Market H1 2024: New Vehicle Sales Exceed 14M Units, NEVs 4.9M
r sales by German OEMs in the first half of 2024 were 1,908,000 units, down 7.2% from the same period last year, with sales decreasing for all three German automakers. Of this total, the Mercedes-Benz Group’s sales decreased by 10.6% y/y to 315,000 units. The V-Class and Vito MPVs manufactured by Fujian Motor Industry Group Co., Ltd. performed well. Passenger car sales by Japanese automakers in H1 2024 fell by 16.1% y/y to 1,467,000 units. Al...
Market & Tech Reports Updated at: 2024/08/20
Chinese OEM Overseas Expansion Activities: SAIC, Chery, Dongfeng, Changan
ive Group Off-road Vehicle 33 1,609 2,446 Beijing Borgward Automobile 214 - - Beijing Hyundai 5,905 10,288 1 Total 14,833 23,014 18,799 FAW FAW Jilin Automobile - - 247 FAW Car 5,939 - - FAW Jiefang Group - 8,723 13,469 Tianjin FAW Xiali Automobile 140 - - Total 6,079 8,723 13,716 Fujian Motor Fujian New Longma Auto 1,490 2,373 1,179 South East (Fujian) 2,113 2,887 2,559 Total 3,603 5,260 3,738 Jiangsu Yueda Kia Motors - -...
Market & Tech Reports Updated at: 2023/06/19
BAIC: Planning sales of 3 million unit by 2025, CV unit Foton stable
for the January to September 2022 timeframe was 448,000 units, of which 2.8% were NEVs. Fujian Benz Automotive Co., Ltd. (Fujian Benz) is a joint venture in which Mercedes-Benz subsidiary Daimler Vans Hong Kong Limited holds a 50.0% stake, BAIC Motor Corporation Limited holds a 35.0% stake, and Fujian Motor Industry Group Co., Ltd. (FJMG) holds a 15.0% stake. With an annual production capacity of 40,000 units, the company mainly produces ligh...
Market & Tech Reports Updated at: 2022/11/17
China Market H1 2022: Sales Down to 12.05 Million Units, but NEVs Up 2.2 Times to 2.6 Million Units
) 193,843 272,838 Dongfeng Motor Company (Dongfeng) 181,400 232,042 China FAW Group (FAW) 189,061 156,625 Anhui Jianghuai Automobile Group (JAC) 74,932 73,604 Brilliance Automobile Group (Brilliance) 64,860 47,636 BAIC Automotive Group (BAIC) 51,234 44,148 Haima Motor Group 274 13,117 Fujian Motor Industry Group 12,067 6,655 Jiangling Motors Group 1,659 5,282 China National Heavy Duty Truck Group (CNHTC/SINOTRUK) 3,577 1,956 S...
Market & Tech Reports Updated at: 2022/08/09
China Market H1 2020: Sales of New Vehicles Fall to 10.23 Million Units
605,319 SAIC *1 896,720 574,371 Changan/Chana 384,149 395,186 Great Wall Motor (GWM) 428,660 299,243 Chery 262,027 197,378 BYD 223,180 155,400 GAC 186,947 137,847 Dongfeng 188,482 130,921 China FAW 92,521 120,217 BAIC 216,947 75,107 Brilliance 81,535 67,354 JAC 87,684 51,561 Fujian Motor Industry 17,478 7,211 Haima Automobile 12,802 5,007 JMCG 8,450 4,646 Zotye 104,082 3,573 Lifan 2,126 301 Qingling Motors 96 7 ...
Market & Tech Reports Updated at: 2020/08/07
Jan-Feb 2020 New Vehicle Sales in China Fall 42%, SAIC Group Down by Half
C Group 198,474 371,652 508,593 535,168 384,578 FAW 327,207 273,195 254,795 204,224 235,600 Brilliance 315,905 339,104 276,218 233,031 176,385 Zotye 222,899 333,087 317,036 255,393 152,983 JAC 346,175 367,318 222,174 184,713 142,235 Hawtai Automobile 71,172 73,029 132,175 120,682 38,567 Fujian Motor Industry 80,187 119,425 160,700 100,178 35,578 Haima Automobile Group 110,829 153,607 98,601 41,386 25,015 JMCG 68,518 134,456 101,26...
Market & Tech Reports Updated at: 2020/04/13
The first half of 2019 in the Chinese market:Vehicle Sales Decline by 12.4% to 12.3 Million Vehicles
06,482 428,660 Changan/Chana 496,986 384,149 Chery 250,147 262,027 BYD 220,883 223,180 BAIC 298,046 216,947 Dongfeng 275,481 188,482 GAC 268,204 186,947 Zotye 154,307 104,082 China FAW 103,896 92,521 JAC 99,653 87,684 Brilliance 121,895 81,535 Hawtai Automobile 32,502 38,452 Fujian Motor Industry 59,967 17,478 Haima Automobile 27,070 12,802 JMCG 39,814 8,450 Lifan 19,837 2,126 Yulon 5,823 488 Qingling Motors 14 9...
Market & Tech Reports Updated at: 2019/08/28
China NEV Alliances
greement entails comprehensive collaboration in all areas related to NEVs such as R&D, manufacturing, and sales. ・The jointly developed models will be manufacturing using the production system of FAW Car. The partnership will develop novel components and utilize the resources and sales network of Fujian Motor Industry Group Yudo New Energy Automobile Co., Ltd. (YUDO). The partners will establish cooperative relationships in areas such as web-ba...
Market & Tech Reports Updated at: 2019/08/21
FY 2018 NEV Credit/ Corporate Average Fuel Consumption Credit of OEMs
1,430.19 7.03 6.63 -52,150 -32,169 4,097 28,134 28,134 SAIC Volkswagen Automotive Company Limited 2,052,716 2,095,402 0 14,037 1,353.01 1,373.17 6.42 6.11 225,799 104,770 0 28,074 28,074 Weltmeister Motor Manufacture Wenzhou Co., Ltd. - 5,627 - 5,627 - 1,787.76 - 0.00 - 39,783 - 27,986 27,986 Fujian Motor Industry Group Yudo New Energy Automobile Co., Ltd. 2,495 6,207 2,495 6,207 1,330.62 1,410.74 0.00 0.00 15,768 38,421 7,093 27,040 27,040...
Market & Tech Reports Updated at: 2019/08/07
2019 Sales Forecast in China (CAAM): NEVs to make up 1.6 million of 28.1 million vehicles sold
:150 Chery JLR 68 n.a. Chery New Energy Automotive 50 n.a. Cowin 18 62 ▽BYD group 521 650 ▽Geely Holding (excluding Volvo Cars) 1,501 1,510 ▽Jiangling Motors Co., Group 462 500-600 Jiangling Motors 198 n.a. ▽Zotye Holding Group 255 n.a. ▽Lifan Motors Group 102 n.a. ▽Fujian Motor Industry Group 191 n.a. ▽Haima Automobile Group 68 n.a. ▽China Heavy Duty Truck Group 327 400 Heavy-duty truck 127 200 Lig...
Market & Tech Reports Updated at: 2019/04/02
2018 China market: 28.081M units for new car sales, 23.71M units for passenger cars
500,028 Zotye 134,263 166,252 222,899 333,087 317,036 255,393 Brilliance 269,274 238,616 315,905 339,104 276,218 233,031 FAW 447,691 384,166 327,207 273,195 254,795 204,016 JAC 203,356 195,570 346,175 367,318 222,174 184,713 Hawtai Automobile 28,729 54,073 71,172 73,029 132,175 120,682 Fujian Motor Industry 97,629 64,089 80,187 119,425 160,700 100,178 Jiangling Motors Group 36,356 59,100 68,518 134,456 101,260 70,114 Haima Automo...
Market & Tech Reports Updated at: 2019/02/22
The first half of 2018 in the Chinese market:14 million vehicles sold, growth rate of 5%
832,515 Changan/Chana 584,652 496,986 Great Wall 403,495 406,482 BAIC 336,006 316,339 Chery 274,290 280,671 DFG 336,740 275,481 GAC 250,885 268,204 BYD 182,681 220,883 Zotye Holding Group 106,287 154,307 Brilliance 133,364 121,895 China FAW 113,721 103,896 JAC 112,692 99,653 Fujian Motor Industry 72,250 59,967 Jiangling Motors 56,645 39,814 Hawtai (Huatai) Automobile 48,947 32,502 Haima Automobile 50,684 27,070 Lif...
Market & Tech Reports Updated at: 2018/08/27
Beijing Motor Show 2018: Emerging Chinese EV makers
ligent display, and a voice recognition system. Information is provided through a personalized ID key. EX5 The EX5 Pro, designed by Isdera The EX6 six-seat concept car, scheduled for release in 2019 The four-seat Isdera Commendatore GT coupe YUDO AUTO, which is funded by the Fujian Motor Industry Group, unveiled its third EV model, the Π (Pi) 7. YUDO New Energy Automobile has already released two compact SUV models, and h...
Market & Tech Reports Updated at: 2018/06/12
Emerging Chinese EV makers: Rapid development with IT investment and partnerships
nch LCD panel (Photo:WM Motor) Unlike the four companies introduced above, YUDO New-Energy Automobile Co., Ltd. (YUDO AUTO) is an emerging EV automaker that currently belongs to an existing OEM group. YUDO AUTO has a number of shareholders including Fujian Benz and South East Motors of the Fujian Motor Industry Group who owns 39% of its shares. In addition, the development of electric SUVs at YUDO AUTO was considered as one of the priori...
Market & Tech Reports Updated at: 2018/04/23
2018 China Market Forecast: 29.98 million units; automakers cautious
Karry brand: 200 Chery New Energy Automotive 30 150 Qoros 15 80 ▽Jianghuai Automobile (JAC) 511 600-670 Passenger car 222 n.a. ▽BYD group (excluding commercial vehicle) 423 600 ▽Geely Holding (excluding Volvo Cars) 1,247 1,580 ▽Lifan Motors Group 133 Introducing 4 models ▽Fujian Motor Industry Group 231 n.a. ▽Haima Automobile Group 140 280 ▽China Heavy Duty Truck Group 300 330 Heavy-duty truck 135 205 Light...
Market & Tech Reports Updated at: 2018/03/23
The Chinese market in 2017: 3% increase to 28.879 million vehicles, SUVs exceed 10 million vehicles
74 371,652 508,593 BYD 456,056 506,190 437,725 441,930 494,361 404,976 Zotye 122,194 134,263 166,252 222,899 333,087 317,036 Brilliance 227,606 269,274 238,616 315,905 339,104 276,218 FAW 482,960 447,691 384,166 327,207 273,195 254,795 JAC 202,395 203,356 195,570 346,175 367,318 222,174 Fujian Motor Industry 79,083 97,629 64,089 80,187 119,425 160,700 Hawtai Automobile 34,071 28,729 54,073 71,172 73,029 132,175 Jiangling Motors Co...
Market & Tech Reports Updated at: 2018/03/05
The current situation of China’s NEV market
MB 5 billion for the development of a wide range of models including sedans, SUVs, and MPVs. A new plant is scheduled to be in operation in the second half of 2019. Fujian Group Yudo New Energy Automobile Co., Ltd. (YUDO) Putian City, Fujian 18.9 65,000 ・Yudo is an EV automaker 39%-owned by the Fujian Motor Industry Group. ・The Fujian provincial government is sponsoring Yudo as a large project in Fujian's 13th Five-year plan (2016-2020). ...
Market & Tech Reports Updated at: 2018/01/22
The first half of 2017 in the Chinese market: 13.35 million vehicles sold, growth rate falls
Great Wall 397,802 400,329 Dongfeng 341,929 336,740 BAIC 375,377 336,002 Chery 236,117 274,290 GAC 167,301 250,835 SAIC 117,940 245,993 BYD 214,626 182,681 Brilliance Automobile 185,836 133,364 China FAW 126,023 113,721 JAC 188,591 112,692 Zotye Holding Group 149,471 106,287 Fujian Motor Industry 50,675 72,250 Jiangling Motors Co. Group 56,400 56,645 Haima Automobile 71,129 50,684 Hawtai (Huatai) Automobile 37,826 48...
Market & Tech Reports Updated at: 2017/09/04
Auto Shanghai 2017 (Part 4): Geely, Great Wall Motor, BYD, Chery, JAC, Zotye, Lifan, and more
This vehicle can accelerate from 0-100 km/h in 7.0 seconds with a maximum speed of 250 km/h. It has a length of 5,450 mm, width of 2,000 mm, and a height of 1,900 mm. The K550 (concept car) The K750 (concept car) Yudo Yudo New Energy Automobile was established through investment by Fujian Motor Industry Group Co., Ltd, Putian City State-owned Assets Investment Co., Ltd., Fujian Haiyuan Automatic Equipment Co., Ltd., and board mem...
Market & Tech Reports Updated at: 2017/07/03
CATARC report - February 2017: NEV trends in China
Energy becomes tenth company to acquire approval to produce passenger EVs On January 26, 2017, the National Development and Reform Commission (NDRC) publicly released ratifications to the proposal for the construction of a passenger EV plant to YUDO New Energy Automobile Co., Ltd., a subsidiary of Fujian Motor Industry Group Co., Ltd. This company became the tenth company to acquire approval to produce passenger EVs. YUDO New Energy is a new en...
Market & Tech Reports Updated at: 2017/03/17