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: 2025/11/18

e OEMs have nearly 70% share, Japanese OEMs about 10%   GlobalData PLC (GlobalData) forecasts that light vehicle production in China will remain at the 31 to 32 million-unit level through 2028. BYD (BYD Auto Co. Ltd.), the top-selling OEM, is expected to reach over 5 million units from 2026. After BYD, Chinese manufacturers such as Geely (Zhejiang Geely Holding Group Co., Ltd.) and Chery (Chery Automobile Co., Ltd.) are also developing multiple ...

Market & Tech Reports  Updated at: 2025/11/14

the inauguration of the expansion taking place on November 28, 2024. 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: 2025/08/06

E Hanon (V) Zhejiang Sanhua Hanon F-150 Lightning Hanon (P) Johnson Electric Hanon GM Chevrolet Bolt EV Zhejiang Sanhua (V) Zhejiang Sanhua N/A Rivian R1S / R1T Zhejiang Sanhua (V) Robertshaw Controls Highly Marelli Hyundai IONIQ 5 Hanon China BYD Han  Zhejiang Sanhua (V) Zhejiang Sanhua SONGZ Automobile Qin PLUS EV FinDreams N/A Songz Automobile Air Conditioning Co., Ltd. Seal FinDreams (V) TI Automotive Limited Valeo Geely Zeek...

Market & Tech Reports  Updated at: 2025/07/08

% 2 Seagull BYD BEV 46 35 33.2% 200 131 52.2% 3 Xingyuan Geely BEV 39 - -% 164 - -% 4 Model 3 Tesla BEV 30 42 -29.5% 180 162 11.0% 5 Wuling Hongguang MINI EV Wuling BEV 29 9 229.0% 167 50 232.2% 6 SU7 Xiaomi BEV 28 8 239.9% 132 18 626.4% 7 Qin L BYD BEV/PHV 25 5 406.8% 112 5 2143.8% 8 Song PLUS BYD BEV/PHV 24 39 -39.7% 159 148 7.0% 9 Qin Plus BYD BEV/PHV 21 51 -59.3% 116 178 -35.0% 10 Sealion 05 BYD BEV/PHV 20 - -% 49 - -% *D...

Market & Tech Reports  Updated at: 2025/06/25

, Ltd. (BYD) SUV (B segment) 43.1 9 Panda mini Geely Holding Group (Geely) A 42.8 10 Lumin Chang'an Automobile Co., Ltd. (Changan/Chana) A 35.2 Figure 3: BEV sales trends by model (Quarterly) (Source: Compiled from MarkLines Sales data by models) Major Chinese manufacturers such as BYD, Geely, and Changan are focusing their product offerings on small cars in the A and B segments. On the other hand, emerging Chinese manufacturers ...

Market & Tech Reports  Updated at: 2025/06/02

/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