/Brand P/T 2025February 2024February Y-o-Y 2025 Jan.-Feb. total 2024 Jan.-Feb. total Y-o-Y 1 Model Y Tesla BEV 44 65 -32.8% 99 129 -22.9% 2 Wuling Hongguang MINI EV Wuling BEV 37 14 173.4% 60 20 204.1% 3 Seagull BYD BEV 37 9 298.6% 74 41 82.7% 4 Model 3 Tesla BEV 34 27 24.6% 56 60 -6.9% 5 Song PLUS BYD BEV/PHV 32 15 116.9% 61 34 79.2% 6 Xingyuan Geely BEV 29 - -% 57 - -% 7 SU7 Xiaomi BEV 24 - -% 47 - -% 8 Qin Plus BYD BEV/PHV 22 1...

Market & Tech Reports  Updated at: 2025/03/26

Chinese Market 2024 Sales Ranking by Model C and D segment NEV models dominate sales Summary 2024 Sales Ranking by Model C and D segment NEV models dominate sales In terms of new car sales volume (factory shipments) in China in 2024, Tesla's Model Y was first in the rankings by model, following its ranking in 2023. In second place was BYD's Song PLUS, followed by BYD's Seagull in third place. BYD models accounted for nine of the top 20 models, a...

Market & Tech Reports  Updated at: 2025/03/14

f sales growth. The share of PHVs has remained at just under 40% since the second half of 2024.   Electric Vehicle (BEV/PHV/FCV) - Top 10 best selling models (000 units) - Model Maker/Brand P/T 2025January 2024January Y-o-Y 1 Model Y Tesla BEV 56 64 -13.5% 2 Seagull BYD BEV 37 31 19.3% 3 Song PLUS BYD BEV/PHV 28 19 49.8% 4 Xingyuan Geely BEV 28 - -% 5 SU7 Xiaomi BEV 23 - -% 6 Hongguang MINIEV Wuling BEV 22 6 273.8% 7 Model 3 Te...

Market & Tech Reports  Updated at: 2025/02/26

million units, up 41.1% from the previous year. The Dynasty series and the more recently launched Ocean series performed well. In the Ocean series, the Sealion 07 was launched in the first half of 2024, followed by Sealion 05 in the second half of the year. BYD's best-selling model in 2024 was the Song PLUS, with 512,000 units. Second place in sales was Chery Automobile, the top exporter, with 2.468 million units sold, up 43.7% from the previou...

Market & Tech Reports  Updated at: 2025/02/19

ts number of employees has already exceeded 1 million. It has 11 major research institutes, employs 110,000 engineers, and files an average of 32 patent applications per day.   Related reports:BYD: Intelligent Control Technology Platform "e3” (Oct. 2024)Chinese OEM Overseas Expansion Activities: BYD, Geely (Sep. 2024)BYD 5th Generation PHEV Technology (Oct. 2024)BYD's e-Platform 3.0 Evo (Jul. 2024)Auto China 2024: BYD (May 2024)2024 BYD Dream...

Market & Tech Reports  Updated at: 2025/02/18

he previous month, but a 13.2% increase compared to December 2023. In December, the market share of HVs was 7.2%. Cumulative sales of HVs in 2024 was 4.93 million units, an increase of 17.0% from the previous year, and their share of total automobile sales was 7.8%.   In 2024, Chinese OEMs, led by BYD, saw a significant increase in sales volumes. On the other hand, in response to the slowdown in demand for EVs in various countries, OEMs, particu...

Market & Tech Reports  Updated at: 2025/01/24

increased 15.2% y/y to 3.092 million units, accounting for 7.8% of total vehicle sales volume.   On August 20, the European Commission published a draft proposal for countervailing duties on Chinese-made EVs. This is on top of the current import tariff of 10%, with additional tariffs of 17.0% for BYD, 19.3% for Geely, and 36.3% for SAIC Motor. An additional tariff of 21.3% will be imposed on automakers who cooperated with the EU investigation a...

Market & Tech Reports  Updated at: 2024/09/27

Group owns Sentient AB, a Swedish company specializing in research and development of automated driving systems for Volvo, and is making steady progress in R&D and manufacturing of automated driving system products.   The company’s domestic and international customers include Geely, Great Wall, BYD, Dongfeng, FAW, Stellantis Group, Ford, Volvo, and Nissan.   The Group established the National Automotive Intelligent Steering System Quality Su...

Market & Tech Reports  Updated at: 2024/09/27

Chinese OEM Overseas Expansion Activities: BYD, Geely BYD to build plants in Brazil, Hungary, etc.; Geely export target for 2024 is 380K units Summary China exports: Export volume in H1 of 2024 increased 30.5% y/y BYD: Building plants in Brazil, Hungary, etc.; NEV plant starts operation in Thailand; first pickup truck debuts in Mexico Geely: Export target for 2024 set at 380K units, accelerating global expansion of the Zeekr brand BYD's car...

Market & Tech Reports  Updated at: 2024/09/17

Vehicle (BEV/PHV/FCV) - Top 10 best selling models (000 units) - Model Maker/Brand P/T 2024 July 2023 July Y-o-Y 2024 Jan.-Jul. total 2023 Jan.-Jul. total Y-o-Y 1 Model Y Tesla BEV 75 64 16.8% 555 571 -2.7% 2 Qin Plus BYD BEV/PHV 40 42 -5.9% 266 244 9.1% 3 Qin L BYD PHV 33 - -% 58 - -% 4 Song PLUS BYD BEV/PHV 32 30 5.0% 220 206 6.7% 5 Seagull BYD BEV 32 28 13.9% 197 67 195.4% 6 Yuan PLUS/ ATTO 3 BYD BEV/PHV 30 29 3.8% 134 187 -28.1...

Market & Tech Reports  Updated at: 2024/08/29

arket share by vehicle type: SUVs at 45.0%, commercial vehicles steady Passenger car market: Chinese automakers have 62.5% share; BYD leading with 1,607,000 units; Japanese OEMs below 1.5 million units Exports grow 30.5% to 2,793,000 units; Lexus brand tops the list of imports Top 3 NEV sellers are BYD, Tesla, and SAIC-GM-Wuling China H1 2024 vehicle sales (ex-factory) by major groups GlobalData Sales Forecast: Chinese light vehicle sales will re...

Market & Tech Reports  Updated at: 2024/08/20

308 million units, accounting for 7.7% of total vehicle sales volume.   On June 12, the European Commission,the EU's (European Union) politically independent executive arm, announced additional tariffs on Chinese-made electric vehicles. The current tariff rate of 10% will be increased by 17.4% for BYD, 19.9% for Geely, and 37.6% for SAIC. These companies were subjects of the sampling survey investigation. Further, an additional tax of 20.8% will...

Market & Tech Reports  Updated at: 2024/07/26

nt in Salé will be the fourth plant of the FORVIA Group in Morocco. China: In June 2023, the company announced the opening of a new plant in Zhengzhou in a joint venture with BYD. The 8,000-square-meter Zhengzhou plant will create approximately 250 jobs. The new plant will assemble seats for BYD's Song Pro. The two companies first joint venture for seats was set up in 2018 and the companies held an opening ceremony for their sixth plant, the Hef...

Market & Tech Reports  Updated at: 2024/07/04

es by model for May 2024 are as follows.   Electric Vehicle (BEV/PHV/FCV) - Top 10 best selling models (000 units) - Model Maker/Brand 2024 May 2023 May Y-o-Y 2024Jan.-May. total 2023Jan.-May. total Y-o-Y 1 Model Y Tesla 82 84 -1.9% 384 391 -1.8% 2 Qin Plus BYD 51 41 23.2% 178 160 11.8% 3 Song PLUS BYD 39 22 74.3% 148 152 -2.5% 4 Model 3 Tesla 38 36 6.3% 145 193 -24.7% 5 Seagull BYD 35 14 142.2% 131 16 730.1% 6 Chaser 05 BYD 30 10...

Market & Tech Reports  Updated at: 2024/06/26

20/11 〇 North America Tesla Model 3 17/3 〇 Model Y 20/3 〇 Ford Mustang Mach-E 21/2 〇 Ford F-150 Lightning 22/2 〇 GM Chevrolet Bolt EV 22/4 〇 Hyundai IONIQ 5 21/4 〇 China BYD Dolphin 21/8 〇 Han  20/7 〇 Qin PLUS EV 21/4 〇 Seal 22/8 〇 Song PLUS EV 21/4 〇 GWM Ora Good Cat  20/11 〇 SAIC GM Hongguang Mini 20/7 〇 XPeng P7 20/6 〇 GAC Aion Y 21/4 〇 Japan Toy...

Market & Tech Reports  Updated at: 2024/05/16

under the theme concept of "The Mobility of Joyful Experiences". The event was organized by Grand Prix International PCL (GPI) with an investment amount of over THB 300 million (approximately USD 8.3 million).   International automotive brands joining this event included Aion, Audi, Bentley, BMW, BYD, Changan, Ford, GWM, Honda, Hyundai, Isuzu, Jeep, KIA, Lexus, Lotus, Maserati, Mazda, Mercedes-Benz, MG, MINI, Mitsubishi, Neta, Nexpoint, Nissan,...

Market & Tech Reports  Updated at: 2024/04/26

Bangkok International Motor Show 2024 (1) Chinese OEMs BEVs from Neta, Changan, MG, BYD, Aion, XPeng, Zeekr, and GWM HEV pickup truck Summary NETA: Thai-made electric city car NETA V-II Changan: Lumin electric city car and Deepal series MG (SAIC Motor) : Cyberster electric roadster and Thai-made MG4 electric hatchback BYD: Full lineup for Thai market GAC Aion: Hyper HT electric SUV XPeng: G6 and G9 electric SUVs Zeekr (Geely): SEA electric platfo...

Market & Tech Reports  Updated at: 2024/04/19

models (000 units) - Model Maker/Brand 2024 February 2023 February Y-o-Y 2024Jan.-Feb. total 2023Jan.-Feb. total Y-o-Y 1 Model Y Tesla 75 69 8.7% 147 116 26.7% 2 Model 3 Tesla 27 33 -18.2% 58 68 -14.7% 3 Wenjie M7 AITO 21 1 2000.0% 51 3 1600.0% 4 Qin Plus BYD 16 27 -40.7% 37 39 -5.1% 5 Song PLUS BYD 15 37 -59.5% 34 73 -53.4% 6 Wuling Hongguang MINIEV Wuling 14 8 75.0% 20 12 66.7% 7 Dolphin BYD 12 23 -47.8% 30 40 -25.0% 8 Wuling...

Market & Tech Reports  Updated at: 2024/03/27

creased due to the emergence of compact models from other automakers. In second place was the FAW Group Corporation (FAW Group) with 3.374 million units, up 4.9% y/y. Although sales of FAW-VW and FAW Toyota declined, sales of its own brands such as Hongqi and Bestune were strong. In third place was BYD, which rose sharply from 6th place to 3.024 million units from 1.869 million units in 2022, reflecting a significant increase and a market share o...

Market & Tech Reports  Updated at: 2024/03/06

obility Show 2023: Electrification Technologies (1) (Nov. 2023)IAA Mobility 2023: EVs from Chinese OEMs (Sep. 2023)TECHNO-FRONTIER 2023: BYD SEAL and other BEV teardown exhibitions (Aug. 2023)2023 China Automotive Forum: NEV Development Activities and Strategies (Aug. 2023)Shanghai Motor Show 2023: BYD, Great Wall Motor(May. 2023)Chinese OEM Overseas Expansion Activities: BYD, Geely, Great Wall, NIO, Xpeng (Apr. 2023)BYD: Launches Yangwang Premiu...

Market & Tech Reports  Updated at: 2023/12/28