BYD: Sales Leader in Chinese Market, Accelerating Overseas Expansion 2024 sales volume 9 times higher than 2019 Summary 2024 Sales: Top in China with 4.272 million units, up 41.3% y/y; most are D-segment vehicles Product trends: Expansion of models and accelerating overseas expansion of each brand Core technologies: Promoting BEVs and PHVs, and deepening development capabilities for electrification and smart vehicles Manufacturing sites: Expanded...

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

Thailand International Motor Expo 2024 (1) Chinese OEMs Chery, Changan, Geely, SAIC, GAC, BYD, and others Summary Chery: Omoda and Jaecoo brand electrified vehicle lineup Changan: Deepal and Avatr e-SUVs and REEV pickup truck Geely EX5 and Zeekr 7X e-SUVs and RIDDARA electric pickup truck SAIC: IM Motors intelligent e-SUV, and Wuling brand compact EVs GAC: Aion V e-SUV and HYPTEC SSR BEV sports car BYD: Denza D9 luxury e-MPV, Sealion 7 e-SUV, SHA...

Market & Tech Reports  Updated at: 2024/12/27

BYD: Launch of “Yangwang” and “Fangchengbao” brands Core NEV technologies developed in-house, production capacity in China raised to 4.8M units Summary Announced “Yangwang” and “Fangchengbao” brands, expanding product lineup Core technologies: Off-road super PHV platform, four-wheel independent architecture, intelligent vehicle control system, etc. Vertically integrated production system: Establish core technology and secure suppl...

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

Indian OEMs Investment and Future Plans (2) Japanese and European carmakers increase their presence in growing Indian market Summary Toyota Kirloskar Motor Honda Cars India Nissan Motor India Renault India Skoda Auto Volkswagen India Citroen - Stellantis Group MG Motor - SAIC BYD India Luxury car manufactures: Volvo Cars, Jaguar Land Rover, Jeep, Audi, BMW, Mercedes-Benz   In the last two years, Indian OEMs have started to focus on electric mobi...

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

cuses on the electrification policies of ASEAN countries, EV launch and production plans, and EV battery manufacturing plans. In the second part, "ASEAN (Part 2)," the focus of the report will be on production, exports, and sales in the ASEAN market, as well as sales forecasts by GlobalData. BYD's “Dolphin” subcompact hatchback EV (pre-orders in Thailand started in March 2023) VinFast's “VF 3” compact electric SUV (scheduled to beg...

Market & Tech Reports  Updated at: 2023/08/16

G Motors ZS EV CCS 2/ Type 2 Fortum Charge & Drive IndiaTata PowerExicomJio-bpeChargeBaysDelta Electronics IndiaBPCL Comet EV CCS 2/ Type 2 Hyundai IONIQ 5 CCS 2/ Type 2 Shell IndiaTata Power Kia EV6 CCS 2/ Type 2 MoU with Government of Andhra Pradesh for 'Future Mobility Partnership'Exicom BYD ATTO 3 CCS 2/ Type 2 ChargezoneVollticIndipro E6 CCS 2/ Type 2 Mahindra XUV400 CCS 2/ Type 2 Charge+zoneJio-bpStatiq Volvo XC40 Recharge CCS...

Market & Tech Reports  Updated at: 2023/07/28

Chinese Market Q1 2023: GAC, Chery and Geely Announce 2023 Product Plans FAW-Hongqi and Kia's NEV strategies; Geely's mid- to high-end NEV series; BYD's high-end brand Summary Trends of Chinese manufacturers (Q1 2023) Trends of major non-Chinese manufacturers (2023 Q1) Policies related to China's automotive industry (Q1 2023) Q1 2023 sales volumes (ex-factory) by major automakers Galaxy L7 (Source: Geely)   According to an announcement ...

Market & Tech Reports  Updated at: 2023/04/28

Chinese OEM Overseas Expansion Activities: BYD, Geely, Great Wall, NIO, Xpeng BYD developing global sales network, GWM entering Brazil, and emerging OEMs focusing on Europe Summary BYD: Aggressively expanding overseas business, accelerating construction of sales networks, and investing in construction of manufacturing sites Geely: Geely brands up 72.4% overseas; Lynk & Co brand begins subscriptions in Europe Great Wall Motor: Acquires Daimler's p...

Market & Tech Reports  Updated at: 2023/04/05

Indian Auto Expo 2023 (1): EVs and Passenger Vehicles Indian automotive industry leap towards electric mobility and SUV segment Summary Maruti Suzuki: eVX concept electric SUV, Fronx and Jimny 5-Door SUVs Tata Motors: Avinya Concept BEV, CURVV SUV concept, and CNG models Toyota: bZ4X and xEV models, Lexus RX lineup BYD: Seal with CTB technology, and the ATTO 3 Limited Edition Hyundai: Ioniq BEV lineup, and NEXO FCEV Kia: KA4 luxury RV, and Conce...

Market & Tech Reports  Updated at: 2023/02/06

including BMW i4 eDrive40, all-electric MINI 3-Door Copper SE, BMW iX, etc. however it is yet to commence the manufacturing of EVs in India.   Audi has introduced its e-Tron range in India which comes as CBU.   Citreon may introduce its electric car in India next year based on the CMP program.   BYD has introduced the all-new e6, T3 MPV, and T3 minivan in India which will be available for the Indian B2B segment. These models are imported for t...

Market & Tech Reports  Updated at: 2022/07/12

BYD: Car sales up 75% to 730k in 2021, in-house NEV development Announced Blade Battery, DM-i PHV technology, e-Platform 3.0, etc. Summary Company profile: Top selling NEV passenger vehicle brand in China, parts subsidiaries becoming independent Electrification and intelligence: Announced advanced EV platform, Blade Battery, hybrid systems, and connected systems Alliances/Overseas trends: Manufacturing EVs with Toyota and Daimler, expanding into ...

Market & Tech Reports  Updated at: 2022/03/04

nter that can process vast amounts of data.   eCitaro (New EV commuter bus) At the previous IAA show, Mercedes-Benz exhibited a prototype that was virtually a mass-production model, and released the vehicle in July 2018 to the global market. While the market release of the vehicle was years behind BYD of China and Solaris of Italy, the eCitaro was exhibited along with a hybrid vehicle version as a world premiere. The eCitaro uses the AVE ...

Market & Tech Reports  Updated at: 2018/11/07

t EV (2018-) GAC Honda Accord Sport (HV)* Everus new EV (2018-) Suzuki Changhe Suzuki Wagon R+) EV Hyundai BAIC Hyundai Sonata HV BAIC Hyundai Elantra EV Shouwang BHCD-1 Kia Horki EV Dongfeng Yueda Kia K5 HV* Dongfeng Yueda Kia K5 PHV (plan) Joint Venture Partner Brilliance BYD JAC GWM Zotye Import models VW * SOL E20X (EV, 2018-) VW e-Golf (EV) VW Variant GTE (PHV, 2018-) Audi A3 PHV Audi Q7 PHV BMW Zinoro 60H (P...

Market & Tech Reports  Updated at: 2018/05/01

Chinese Battery Manufacturer Response to EV Growth Battery Japan 2018: From the Keynote Sessions of BYD and CATL Summary BYD: Sustainable Growth Strategy CATL's Strategy for EV Battery Development In the keynote session "Latest Examples of the Accelerating Development of Next-gen Batteries" of the World Smart Energy Week 2018 [9th Battery Japan] exhibition held at the Tokyo Big Sight exhibition center on March 2nd, 2018, a couple of interesting p...

Market & Tech Reports  Updated at: 2018/03/12

BYD: Leading China's EV market, pressing ahead with battery resource development Aiming for electrification in all fronts using new energy vehicle technology Summary Overview of the BYD Group: Automotive business expands own brands and joint venture brands with Daimler Own brands: Plans to release new energy vehicles at a price point below CNY 100,000, expansion of EV bus production facilities Strengthening of the DENZA brand: Expanding dealershi...

Market & Tech Reports  Updated at: 2017/10/27

ctric Vehicle (BJEV) EC180, which ranked as the most produced passenger EV model on a monthly basis for four consecutive months. As for the four-seater EC180, price after subsidy deduction was over CNY 50,000. Competitiveness in price led to favorable sales. The Zhejiang Geely Emgrand EV300 and the BYD e5 respectively ranked second and third in production volume. Equipping vehicles with ternary lithium-ion batteries have become the mainstream for...

Market & Tech Reports  Updated at: 2017/06/12

le (PHV)   Production volume of PHVs in July 2016 was 10,661 units. Of the 10,661 units, production volume of passenger PHVs increased by 4.1% m/m and by 63.9% y/y to 9,338 units. Six automakers produced passenger PHVs in July. These automakers were Shanghai Automotive Industry Corporation (SAIC), BYD (Shenzhen and Xi'an), Guangzhou Automobile Group, Beijing Benz, and Brilliance BMW. Monthly production volume of the Roewe 550 PHEV was greater th...

Market & Tech Reports  Updated at: 2016/09/09

tion shares by type (Jun. 2016) Plug-in hybrid vehicle (PHV)   Production volume of PHVs in June 2016 was 9,812 units. Of the 9,812 units, production volume of passenger PHVs increased by 34.8% m/m and 20.3% y/y to 8,974 units. Six automakers produced passenger PHVs in June. These automakers were BYD (Shenzhen and Xi'an), Shanghai Automotive Industry Corporation (SAIC), Zhejiang Haoqing Automobile, Guangzhou Automobile Group (GAC), First Automo...

Market & Tech Reports  Updated at: 2016/08/08

duction shares by type (May 2016) Plug-in hybrid vehicle (PHV)   Production volume of PHVs in May 2016 was 7,990 units. Of the 7,990 units, production volume of passenger PHVs increased by 33.6% m/m and 47.4% y/y to 7,462 units. Six automakers produced passenger PHVs in May. These automakers were BYD (Shenzhen and Xi'an), Shanghai Automotive Industry Corporation (SAIC), Zhejiang Haoqing Automobile, Guangzhou Automobile Group (GAC), First Automo...

Market & Tech Reports  Updated at: 2016/07/04

Production volume of PHVs in March 2016 increased by 5-fold m/m to 5,966 units. Of the 5,966 units, 5,534 units were passenger PHVs. Production volume of passenger PHVs increased on a year-over-year and month-over-month basis. Eight automakers produced passenger PHVs in March. These automakers were BYD (Shenzhen and Xi'an), Shanghai Automotive Industry Corporation (SAIC), Guangzhou Automobile Group (GAC), Zhejiang Haoqing Automobile, Beijing Benz...

Market & Tech Reports  Updated at: 2016/05/06