Indonesia: BYD, GAC Aion and VinFast set up EV plants Government provides tax incentives for EVs and HVs, EV battery production grows Summary Electrification policy: In 2025, value added tax, import duties, and luxury goods sales tax reduction for EVs; luxury goods sales tax reduction for HVs Electrified vehicle sales in Indonesia: 2024 BEV sales increase 2.5 times to 43,000 units VinFast, BYD and GAC Aion to build EV plants Increasing production...

Market & Tech Reports  Updated at: 2025/06/13

Indonesia International Motor Show 2025 (IIMS 2025) Chinese OEMs, Japanese OEMS, Hyundai, VinFast exhibits; charging network Summary Wuling: Top in local EV sales with launch of Air EV and Cloud EV BYD: Promoting the 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: Maki...

Market & Tech Reports  Updated at: 2025/03/31

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

nal tariffs on Chinese-made EVs. On the other hand, GWM is strengthening its presence in the Russian market. Related Reports:Chinese OEM Overseas Expansion Activities: Chery, Changan (Nov. 2024)GAIKINDO Indonesia International Auto Show 2024  (Aug. 2024)Chinese OEM Overseas Expansion Activities: BYD, Geely  (Sep. 2024)SAIC Motor New Energy Technology Conference (Jul. 2024)Mexico: Chinese vehicles account for 30% of imports and 20% of sales  ...

Market & Tech Reports  Updated at: 2024/12/20

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

ASEAN (1) EV Promotion Policies; Increasing Entry of Chinese OEMs Thailand: BYD and Wuling begin EV production, Indonesia: Hyundai and LGES build JV battery plant Summary Electrification policies and EV launch plans of ASEAN countries (Overview) Introducing EVs to the ASEAN market and building manufacturing sites Thailand's electrification policy: New EV preferential policies to be implemented from 2024 to 2027 Indonesia's electrification policie...

Market & Tech Reports  Updated at: 2024/09/04

GAIKINDO Indonesia International Auto Show 2024 Emerging forces such as Chinese manufacturers, Hyundai, and VinFast are on the rise Summary BYD: Debut of the “M6”, an MPV-type EV Wuling: Locally produced flagship models A, B, C (Air ev, Binguo EV, Cloud EV) GAC Aion: Debut of the Hyptec HT and Aion ES Chery Automobile: iCAR 03, an off-road SUV EV Great Wall Motor (GWM): Launches new models Haval Jolion and Tank 300 Dongfeng (DFSK)/SERES: Sell...

Market & Tech Reports  Updated at: 2024/08/30

was 7.7%, down 0.1 points from June. Cumulative HV sales for the January to July period increased 15.1% y/y to 2.706 million units, accounting for 7.8% of total vehicle sales volume.   Thailand is actively attracting EV manufacturers, and Chinese manufacturers are increasingly entering the market. BYD announced on July 5th, followed by GAC Aion on the 17th, that they would each start operations at plants in Thailand. In addition, new models in t...

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

it should be noted that GWM will begin producing electric vehicles in Thailand from 2024, and in Europe, its affiliate SVOLT Energy Technology Co., Ltd. (SVOLT) has received orders from BMW for batteries.   Related reports:Thailand International Motor Expo 2023 (1) (Dec. 2023) Auto Shanghai 2023: BYD, Great Wall Motor (May. 2023) Chinese OEM Overseas Expansion Activities: BYD, Geely, Great Wall, NIO, Xpeng (Apr. 2023)Guangzhou Motor Show 2022: ...

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

023.   In the Geely brand Geely Galaxy series, the smart cockpit of the PHEV (plug-in hybrid electric vehicle) model SUV Galaxy L7 was officially unveiled. The prototype of the Geely Galaxy New Energy Vehicle (NEV), the "Galaxy Light," was also unveiled for the first time. The Geometry E, Geometry M6, and Panda Mini were also exhibited at the same time. The Lynk & Co brand unveiled the Lynk & Co 08 EM-P, a Super Range Extender Solution PHEV mid-...

Market & Tech Reports  Updated at: 2023/05/25

next five years, targeting sales revenue exceeding CNY 600 billion. Related Reports:IAA Mobility 2021: Great Wall Motor launches ORA and WEY brand NEVs in EU(Sept.2021)Foreign investments of Chinese automakers : SAIC Motor and Great Wall Motor(June 2021)Auto Shanghai 2021: Geely, Great Wall Motor, BYD(May 2021)Bangkok International Motor Show 2021 (Part 1): GWM unveils its lineup of electric vehicles(Apr.2021) Indian Auto Expo 2020: GWM and Hai...

Market & Tech Reports  Updated at: 2021/11/17

18 2019 2020 China SAIC 2,218,894 2,448,841 2,395,392 1,975,764 1,801,570 Geely 869,530 1,396,285 1,693,001 1,525,562 1,510,813 Changan 1,219,609 1,128,345 883,109 808,969 991,502 Great Wall Motors  968,850 950,315 915,039 911,468 886,596 Chery  587,073 562,663 549,479 610,697 633,617 BYD  494,361 404,976 500,028 451,246 416,337 GAC 371,652 508,593 535,168 384,578 353,348 Dongfeng  740,274 696,526 510,322 426,976 324,292 FAW...

Market & Tech Reports  Updated at: 2021/02/12

were the highest, but in 2019, the vehicle assembly plant in Tula, Russia, started operations and it is expected that sales in Russia will surpass South Africa. Related reports: Frankfurt Motor Show 2019: Asian OEMs (Oct. 2019) China NEV Alliances (Aug. 2019) Auto Shanghai 2019：Geely, Great Wall, BYD, Chery, Zotye, JAC (Jun. 2019) Overseas expansion of Chinese OEMs under the Belt and Road Initiative (Oct. 2018) Great Wall Motor: Expanding Xushu...

Market & Tech Reports  Updated at: 2020/02/27

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

Auto Shanghai 2017 (Part 4): Geely, Great Wall Motor, BYD, Chery, JAC, Zotye, Lifan, and more Geely and Great Wall Motor reveal new brands, major automakers launch new energy vehicles Summary Geely Holding Group： Unveiled mass production model and concept cars from new "LYNK & CO" brand, exhibited Geely brand MPV concept Great Wall Motor： Unveiled two new WEY brand SUVs and the fully remodeled Haval H6 BYD: Unveiled two concept cars and exhib...

Market & Tech Reports  Updated at: 2017/07/03

,387 10 381,228 Fig. 3 Electrified vehicle production shares by type (2015) Plug-in hybrid vehicle (PHV)   Seven automakers produced a total of eight passenger PHV models in 2015. Production of the Chery Arrizo 7 PHV and Zhejiang Haoqing Volvo PHV started in 2015. Production volume of the BYD Qin and Tang increased. Due to the increase, BYD vehicles accounted for over 75% of the passenger PHV production share. More than 10,000 Shanghai ...

Market & Tech Reports  Updated at: 2016/02/15

5) Plug-in hybrid vehicle (PHV)   Production volume of plug-in hybrid vehicles (PHVs) in November 2015 was 11,421 units. Of the 11,421 units, production volume of passenger PHVs increased by 6.9% m/m to 7,510 units, which accounted for 65.8% of the PHV production share. The same five automakers—BYD, Shanghai Automotive Industry Corporation (SAIC), Brilliance BMW, Guangzhou Automobile Group (GAC), and Zhejiang Haoqing Automobile—that produce...

Market & Tech Reports  Updated at: 2016/01/14

the CM7, the M3 was the mainstream MPV until the CM7 was introduced. The 7-seater M3 is 4,645mm long, 1,695mm wide and is driven by a 113hp engine The basic body is shared with the M3 but is a little larger. The 7-seater is 5,115mm long, 1,720mm wide and is driven by a 121hp engine. JAC: Refine M6 The 7-seater model that was introduced at the 2013 Shanghai Motor Show is a high-end luxury MPV for government and corporate users and wealthy peo...

Market & Tech Reports  Updated at: 2015/01/14

l go on sale in the US as a 2015 Model. * Audi A3 Sedan and A3 Sportback PHEV: Audi will also bring the A3 Sportback plug-in gasoline electric hybrid (PHEV) model to the US in 2014. BMW 2013 * BMW 4 Series: This series replaces the coupe and convertible versions of the 3-Series sport sedan. * BMW M6 Gran Coupe: This ultra-high performance, four-door Coupe arrives this summer. * BMW X5: This all-new 3rd-generation sport activity vehicle arrives ...

Market & Tech Reports  Updated at: 2013/06/27