n Geely BEV 27 29 -4.3% 56 57 -0.6% 2 Model Y Tesla BEV 25 8 215.8% 42 34 25.0% 3 YU7 Xiaomi BEV 20 - -% 58 - -% 4 Li i6 Li Auto BEV 16 - -% 33 - -% 5 Model 3 Tesla BEV 13 19 -31.2% 15 27 -45.6% (Source: MarkLines Sales Volume Data for China) *Sales volumes (shipments) in China exclude export volumes.*REEV is included in the PHEV figures*Excludes commercial vehicles and includes estimated data.   New vehicle sales in February fell...

Market & Tech Reports  Updated at: 2026/03/27

production of 20 million brake calipers at its brake plant in Zhangjiagang, China. The achievement was achieved in just four and a half years, since the production of calipers, including electric parking brake calipers, began in 2015. Over 85% of the calipers are sold in China, and the rest are for export. In August 2022, ZF announced that ZF Asia Pacific Group Co., Ltd. has signed an agreement with the Zhangjiagang Economic and Technological Dev...

Market & Tech Reports  Updated at: 2026/03/24

ety issues arising from AI technology need to be resolved Quickly proceed with the establishment of the AI standards, comprehensively solving issues such as efficiency, safety, ethics, and paving the way for the implementation of AI. (Source: Created by MarkLines based on presentation content) Export needs and standards drive global expansion   Against the background of increasing globalization and intensifying industrial competition, Chine...

Market & Tech Reports  Updated at: 2026/03/16

2.578 million units, down 18.9% y/y. Luxury car retail sales volumes totaled 130,000 units, down 12% y/y. Retail sales volumes of domestic brands totaled 630,000 units, down 30% y/y. Domestic brands had a market share of 61.2% of the total, down 4.3 percentage points y/y. Domestic brands’ NEV and export volumes grew notably. Retail sales volumes of mainstream joint venture brands totaled 270,000 units, down 19% y/y. Specifically, German brands ...

Market & Tech Reports  Updated at: 2026/03/16

in 2026Jan. 2025Jan. y/y change 1 YU7 Xiaomi BEV 38 - -% 2 Xingyuan Geely BEV 29 28 3.1% 3 AITO M7 SERES BEV/REEV 25 6 349.4% 4 ES8 NIO BEV 18 0 3859.2% 5 Tai 7 FangChengBao (BYD) PHEV 17 - -% (Source: MarkLines Sales Volume Data for China) *Sales volumes (shipments) in China exclude export volumes.*REEV is included in the PHEV figures*Excludes commercial vehicles and includes estimated data.   New vehicle sales in January fell ...

Market & Tech Reports  Updated at: 2026/03/03

UVs to pickup trucks Summary Chinese vehicle sales grow 5.2 times in 5 years Analysis of sales volume by OEM: Chinese OEMs enter Top 5, Japanese OEM volume shrinks NEV Ranking: Chinese OEMs lead the way in BEVs and PHEVs Product trends: From compact EVs to a full-scale product lineup Switching from exporting Chinese-made models to local production Chinese suppliers: Building an industrial cluster centered on electric powertrain components   The ...

Market & Tech Reports  Updated at: 2026/02/24

d uneven, with weak demand, particularly for pickup trucks, due to fragile economic conditions, high household debt, tighter credit, and limited consumer purchasing power.   Looking ahead, the FTI projects Thailand’s vehicle production will reach 1.5 million units in 2026, with 950,000 units for export and 550,000 for the domestic market. The market is expected to benefit from (i) the February general election, which could trigger economic sti...

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

Chinese Market 2025: Sales Volume 34.4M units, Chinese OEMs’ Share over 70% Geely enters the top 3; BYD's exports up about 140% y/y Summary 2025 vehicle sales in China up 9.4% y/y to 34.40 million units Sales by group: BYD remains the leader, Geely overtakes FAW to take third place Passenger car market: Chinese-OEMs share exceeds 70% Sales by vehicle type: SUVs account for 54.1% of the passenger car market New Energy Vehicles: 16 million units ...

Market & Tech Reports  Updated at: 2026/02/19

%. Luxury car retail sales volumes totaled 180,000 units, down 15% y/y. Retail sales volumes of domestic brands totaled 890,000 units, down 18% y/y. Domestic brands had a market share of 57.5% of the total, down 3.5 percentage points y/y. Domestic brands gained significant increments in the NEV and export markets. Retail sales volumes of mainstream joint venture brands totaled 470,000 units, down 4% y/y. Specifically, German brands had a retail s...

Market & Tech Reports  Updated at: 2026/02/13

BEV Sales Continue to Grow; Chinese OEMs Show Rapid Progress Electric vehicle sales up 18% in 2025, Chinese OEMs accelerating overseas expansion Summary Electrified vehicle market (12 major countries and 3 Nordic countries) Electric vehicle sales in major countries: Impact of incentives Electrified vehicle OEM rankings (2025 sales volumes) BEV sales trends of Chinese OEMs: Price competition and export expansion Breakthrough by Chinese OEMs: Accel...

Market & Tech Reports  Updated at: 2026/02/09

V credit ratio requirements for FY2026 and FY2027 were set at 48% and 58%, respectively. At the same time, calculation preferential treatment will be given to small businesses, fuel-efficient vehicles, and off-cycle energy-saving technologies. Notice Concerning Further Enhancement of Used Vehicle Export Control Operations Four departments, including the Ministry of Commerce, released this Notice in November. From January 1, 2026, local commer...

Market & Tech Reports  Updated at: 2026/02/09

Analysis of India’s Two-Wheeler Production and Manufacturing Capacity Trends among ICE Two-Wheeler Manufacturers including Hero, Honda, TVS, and Bajaj Summary Two-wheeler production/sales/export volume Production analysis by category Two-wheeler OEM production analysis Two-wheeler export analysis Hero MotoCorp Ltd. Honda Motorcycle and Scooter India Pvt. Ltd. (HMSI) TVS Motor Company (TVSM) Bajaj Auto Ltd. Royal Enfield Suzuki Motorcycle India ...

Market & Tech Reports  Updated at: 2026/01/30

les slowed down in the two major markets of China and the United States, and the growth rate (18.0% y/y) fell short of the previous year's growth rate (27.1% y/y).   The year 2025 saw a series of changes in the environment related to electric vehicles, beginning with the Trump tariffs, followed by export restrictions on semiconductors and rare earths, and a review of CO2 emission standards in the EU. Sales of EVs are still showing signs of incre...

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

ecting a 2.3-fold increase over 2020. In response to growing domestic demand, the majority of production is allocated for Chinese domestic use.   Of the Model 3s produced at the Shanghai plant, approximately 130,000 to 150,000 units are shipped overseas each year, also establishing the plant as an export base. The export volume of the Model Y has been on a downward trend since the start of production at the Brandenburg plant in Germany in 2022, ...

Market & Tech Reports  Updated at: 2026/01/14

rs Asia-Pacific (13,937 units), IM Motors (11,818 units), Dongfeng Nissan (11,371 units), and BAIC BJEV (10,000 units). December and YTD new energy passenger car retail sales volumes were 1.337 million units and 12.809 million units, up 2.6% y/y and 17.6% y/y, respectively. As for exports, 273,000 new energy passenger cars were exported in December, up 119.8% y/y, among which 57.9% were BEVs and 68% were A0- and A00-class B...

Market & Tech Reports  Updated at: 2026/01/13

multiple media reports dated December 16, India has proposed a preferential trade agreement to the Mexican government that would mitigate the impact of a tariff increase of up to 50% that will come into effect on January 1, 2026. The tariff hike is estimated to affect about USD 2 billion of India's exports to Mexico. Both governments are seeking to avoid a blow to India's exports and have agreed to move quickly to conclude a trade agreement to mi...

Market & Tech Reports  Updated at: 2025/12/26

es exceed 1.2 million units China: Motorcycle production 19.97 million units, electric vehicle sales decrease, large-displacement vehicle sales increase Indonesia: Motorcycle production nears 7 million units Thailand: Motorcycle production at 2.4 million units level, significant increase in CKD for export Production and sales volume in Vietnam, the Philippines, and Malaysia   This report summarizes production and sales volumes of motorcycles (mo...

Market & Tech Reports  Updated at: 2025/12/25

OEMs and high-tech companies are widely applying deep learning, such as BYD and HIMA's DeepSeek-R1 and XPeng's voice assistant, and the provision of interaction, driving assistance, and smart recommendation functions has become an important differentiating factor.   Global expansion and technology export: Chinese intelligent cockpit suppliers are actively expanding overseas, and one of them, ECARX (ECARX (Hubei) Tech Co., Ltd.), provides smart c...

Market & Tech Reports  Updated at: 2025/12/24

r countries. In 2018, the company opened Air International Mexico (AIMX) in Huejotzingo, Mexico, as its second North American manufacturing site after the U.S., for the production of HVAC systems and heat exchanger equipment. The company supplies products for vehicles manufactured in Mexico and for export (to the U.S. and Europe). Major customers include GM, VW, Tesla, SAIC Motor, and Great Wall Motors. Eberspaecher Gruppe GmbH & Co. Click here...

Market & Tech Reports  Updated at: 2025/12/22

s such as purchase subsidies, insurance premium reductions, zero-interest loan services for purchases, and purchase tax exemptions. In 2025, alternative subsidy policies continue to be promoted in some cities, guiding the smooth transition of car purchase needs to second- and third-tier markets and export routes.   Technological innovations are updating the drive motor industry, with increased motor efficiency in electric powertrains, advances i...

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