in 2025, prepares iX3 Neue Klasse for 2026 (October 14, 2025)https://www.marklines.com/en/news/334152 Chery Thailand Grand Premiere held in Bangkok: launch of V23 EV and Tiggo 8 CSH PHEV (October 1, 2025)https://www.marklines.com/en/news/333600 Malaysia TQ WULING makes debut with Malaysia-assembled Bingo compact e-hatchback (December 18, 2025)https://www.marklines.com/en/news/337639 Perodua launches all-new subcompact SUV Traz (December 18, 2025)...

Market & Tech Reports  Updated at: 2026/02/20

la BEV 49 46 7.4% 462 459 0.6% 3 YU7 Xiaomi BEV 39 -% 154 -% 4 Xingyuan Geely BEV 38 16 128.6% 468 53 789.1% 5 Tai 7 BYD PHV 34 -% 86 -% 6 Qin Plus BYD BEV/PHV 33 41 -18.1% 363 442 -17.8% 7 Sealion 06 BYD BEV/PHV 32 -% 167 -% 8 AITO M7 SERES BEV/PHV 31 13 131.2% 122 193 -36.7% 9 Bingo Plus Wuling BEV 24 10 130.8% 94 36 161.3% 10 Qin L BYD BEV/PHV 23 43 -46.6% 283 284 -0.4% *Data adjustments have been made due to BYD mode...

Market & Tech Reports  Updated at: 2026/01/26

interior and exterior components, wheel bearings, precision injection molded parts, and electric drive systems for NEVs. Currently, Shuanglin is mass producing electric drive systems for NEVs, including a 180 flat wire motor 3-in-1 platform (monthly production is about 10,000 units), for the Wuling Bingo series. The number of 155 platform round wire motors produced exceeds 1 million sets, and the 220 platform motors are being mass-produced and wi...

Market & Tech Reports  Updated at: 2025/12/11

ition, in sales outside China, the C-segment BEV SUV EX5 was launched in the UK on October 23. Each brand within the group continues to aggressively launch new models. GM Group   The best-selling model in October was the Wuling Hongguang Mini EV with sales of 61,000 units. In second was the Wuling Bingo/Binguo Plus with 24,000 units sold, followed by the Wuling Xingguang 730 in third place with sales of 7,000 units. Sales for the GM Group as a w...

Market & Tech Reports  Updated at: 2025/11/26

Forthing. SAIC Group: The system supplier of the Roewe E50 is the main body of the SAIC Group. The system supplier for Rising Auto and MG5 is Bosch. System suppliers for models such as the IM L6, IM LS7, Rising F7, and Roewe D7 have been switched to Bosch Huayu. The system supplier for the Wuling Bingo PLUS and Roewe i5 MAX is Chongqing Longrun Steering Gear Co., Ltd. SAIC-VW's Lavida system supplier for 2015 was NSK Hanzhou Automotive. The sys...

Market & Tech Reports  Updated at: 2025/11/18

〇 Geely Automobile Zeekr 007 / 007 GT 2023 D 〇 Geely Automobile Panda Mini / Knight 2023 A 〇 GAC Aion New Energy Automobile Co., Ltd. (GAC Aion) Aion Hyptec GT 2023 D 〇 Xiaomi SU7 / SU7 Ultra 2024 D 〇 SAIC-GM-Wuling Wuling Xingguang 2024 D 〇 SAIC-GM-Wuling Wuling Bingo 2023 B 〇 Changan Auto Qiyuan A07 2023 D 〇 BYD Yangwang U9 2024 F 〇 BYD Seal  2022 D 〇 BYD Seagull / Dolphin Mini 2023 A...

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

2 Model Y Tesla BEV 48 65 -25.3% 237 300 -20.9% 3 Wuling Hongguang MINI EV Wuling BEV 36 12 201.2% 138 41 232.9% 4 Xingyuan Geely BEV 36 - -% 125 - -% 5 Song PLUS BYD BEV/PHV 36 40 -10.3% 135 109 23.7% 6 SU7 Xiaomi BEV 29 6 378.0% 104 10 945.1% 7 Qin L BYD PHV 25 - -% 87 - -% 8 Wuling Bingo/Binguo Wuling BEV 25 8 205.3% 50 20 150.5% 9 Model 3 Tesla BEV 24 24 0.7% 133 120 11.0% 10 Qin Plus BYD BEV/PHV 20 51 -59.9% 95 127 -25.2% ...

Market & Tech Reports  Updated at: 2025/05/26

//www.marklines.com/en/news/318847 VinFast Auto Ltd. announces Q3/2024 financial results (December 4, 2024) https://www.marklines.com/en/news/318653 MoF proposes continuation of incentives for auto parts in Vietnam until end of 2027 (December 3, 2024) https://www.marklines.com/en/news/318557 Wuling Bingo EV launched in Vietnam; locally assembled at TMT Motors plant (November 4, 2024) https://www.marklines.com/en/news/317039 GAC Aion officially en...

Market & Tech Reports  Updated at: 2025/02/25

ase of 10.6% y/y, but an increase of 20.4% compared to the previous month, moving up from seventh place the previous month to take third place. In addition to last-minute demand due to the change in subsidies, the minor model change made in December also had an impact. On the other hand, the Wuling Bingo/Binguo, which ranked eighth in the previous month, posted sluggish growth with sales of 23,000 units and fell to fifteenth place.     The top ...

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

0.4% 2 Seagull BYD BEV 57 44 29.5% 391 229 70.6% 3 Qin L BYD PHV 51 - -% 242 - -% 4 Song PLUS BYD BEV/PHV 48 39 22.7% 388 361 7.6% 5 Model 3 Tesla BEV 46 47 -2.5% 374 423 -11.6% 6 Seal 06 BYD PHV 41 - -% 209 - -% 7 Wuling Hongguang MINI EV Wuling BEV 37 24 58.1% 180 67 168.9% 8 Wuling Bingo/Binguo Wuling BEV 37 32 15.3% 161 185 -13.0% 9 Qin Plus BYD BEV/PHV 36 41 -11.0% 401 411 -2.5% 10 Song L BYD BEV/PHV 32 - -% 171 - -% *Da...

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

creased to 60,000 units per year. The company also plans to introduce several EV products. Operations began in May 2024, with the first production model being  the Wuling Hongguang Mini EV. New vehicle models In November 2024, Wuling EV Vietnam announced the launch of the subcompact hatchback EV Bingo. The MG7 was released to market in August 2024. Use in taxis In November 2024, Lets Go Taxi, an Android application that offers mini electri...

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

  Truck Mini / Light-duty 150,274 18.9% -16.4% Van Mini type 63,643 8.0% -15.6% Wuling Hongguang MPV 31,419 3.9% -11.8% Other (MPV, SUV)   24,863 3.1% -45.7% ICE total   270,199 34.0% -19.7% EV            Wuling Hongguang Mini EV Basic passenger car (A) 63,005 7.9% 58.2% Wuling Bingo Basic passenger car (A) 50,796 6.4% -20.9% Wuling Yangguang Mini-van 23,741 3.0% - Wuling Xingguang Basic passenger car (D) 13,697 1.7% - ...

Market & Tech Reports  Updated at: 2024/11/27

ng Geely's sales volume growth. We will continue to monitor these models to see if they continue to establish themselves at the top of electric vehicle sales.   GM Group   The best-selling model in October was the Wuling Hongguang MINIEV with sales of 31,000 units. Second place went to the Wuling Bingo/Binguo with sales of 30,000 units. In third place was the Wuling Xingguang S at 10,000 units. The GM Group's total electric vehicle sales volume...

Market & Tech Reports  Updated at: 2024/11/26

0 142 97.4% 4 Qin L BYD PHV 43 - -% 141 - -% 5 Seal 06 BYD PHV 42 - -% 123 - -% 6 Song PLUS BYD BEV/PHV 37 41 -8.2% 292 281 4.0% 7 Qin Plus BYD BEV/PHV 33 43 -24.4% 329 330 -0.3% 8 Song L BYD BEV/PHV 30 - -% 107 - -% 9 Yuan PLUS/ ATTO 3 BYD BEV/PHV 29 25 13.6% 189 241 -21.3% 10 Wuling Bingo/Binguo Wuling BEV 28 22 26.6% 95 126 -25.0% *Data adjustments have been made due to BYD model categorization changes.     Tesla took the to...

Market & Tech Reports  Updated at: 2024/10/28

-road SUV under the Haval brand, and the Gaoshan, a family-oriented MPV under the WEY brand. SAIC-GM-Wuling According to media reports in April 2024, SAIC-GM-Wuling Automobile Co., Ltd. entered the country's market through its Philippine distributor, GRC Motors. The four models introduced are the Bingo, a subcompact hatchback EV; Macaron and Gameboy mini-EVs; and Yep, a small electric SUV. Seres According to media reports in June 2024, the Ch...

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

me.   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 the market such as the Wuling Bingo and the Neta X are being announced frequently, giving a sense of the momentum of Chinese manufacturers.   On the other hand, Thailand's EV pref...

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

ry and delivers a range of 412 km (WLTP mode). Wuling Air EV Lite Compact EV The lower-cost version of the Air EV compact electric car was launched in August 2023. It adopts an 18 kWh lithium iron phosphate battery and delivers a range of up to 200 km. It is priced at IDR 109 million. Binguo EV(Bingo) 5-door subcompact hatchback This model was unveiled in November 2023. Two versions were available: the first version is equipped with a 37.9 kW...

Market & Tech Reports  Updated at: 2024/04/12

ed 3.9% y/y to 1,065,000 units. Of these, 835,000 (down 4.9% y/y) were own-brand vehicles (including Wuling and Baojun brands under SAIC-GM-Wuling Automobile Co., Ltd.) and 230,000 (up 56.0% y/y) were foreign-brand vehicles. The five top-selling NEV models sold by SAIC Group in 2023 were the Wuling Bingo (234,000 units), the MG4 EV (152,000 units), the Wuling Hongguang Mini EV (119,000 units), the VW ID.3 (83,000 units), and the BUICK Velite 6 (5...

Market & Tech Reports  Updated at: 2024/03/25

ufacturer 2022 (000s units) 2023 (000s units) 1 Qin PLUS BYD 315.3 455.9 2 Dolphin BYD 205.4 367.4 3 Lavida SAIC VW 376.6 351.9 4 Model 3 Tesla (Shanghai) 255.8 300.9 5 Seagull BYD 0.0 280.2 6 Sagitar FAW-VW 236.1 280.0 7 Bluebird Sylphy / Sylphy Dongfeng Nissan 240.8 246.0 8 Wuling Bingo SAIC-GM-Wuling 0.0 233.7 9 Camry GAC Toyota 249.8 229.2 10 Han BYD 274.0 228.4 SUVs Model name Manufacturer 2022 (000s units) 2023 (...

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

t EV Primus Co., Ltd.’s Laemchabang Plant by March 2024. The standard range version is equipped with a 17.3 kWh lithium iron phosphate battery and offers a range of 200 km. The long range version comes with a 26.5 kWh battery and provides a range of 300 km. It is priced from THB 395,000. Wuling Bingo Production of the Bingo 5-door hatchback EV is scheduled to begin in the second quarter of 2024 at EV Primus’s Laemchabang Plant. MG Cyberst...

Market & Tech Reports  Updated at: 2024/03/05