FAW: NEV Sales to Reach 1.45 Million Units in 2025 Selling 500,000 Hongqi brand NEVs and accelerating the launch of EVs through VW and Toyota JVs Summary Hongqi: Launching three major sub-brands and three major platforms; promoting electrification of all models Bestune: New product logo announced, sales target of 200,000 units in 2023 FAW Jiefang: Investing CNY 30 billion to shift to NEV models and enhance connected commercial vehicles Foreign-ca...

Market & Tech Reports  Updated at: 2023/09/13

es volume of NEVs to 1.45 million units by 2025, of which more than 50% will be under its own brands. Dongfeng Motor plans to launch 18 NEV passenger car models and increase the proportion of its own-brand NEVs to 50% of passenger cars by 2025. The GAC Group's Trumpchi brand plans to switch to XEV (PHEV (plug-in hybrid); REEV (range extender EV); and HEV (hybrid). Deepal Auto, an EV brand under Changan Automobile, plans to launch six models by 20...

Market & Tech Reports  Updated at: 2023/08/01

25 DFG：Unveiling of the first production vehicle based on the eπ concept, the D53, announcement of the Sharing-VAN supporting autonomous driving GAC Group：Group reforms accelerate, launch of a mobility service Changan：World premiere of the CS75 PLUS connected car The mid/large-size FAW Hongqi HS7  This report introduces the vehicles exhibited by Chinese state-owned automakers at the Auto Shanghai 2019.  SAIC Motor, a subsidiary ...

Market & Tech Reports  Updated at: 2019/05/24

ted NEVs such as EU5, emphasizing appeal of own brands FAW Group: FAW unveils Besturn T77 concept car, Senia R9, and DEV 1 DFG: World premiere of Dongfeng eπ concept car and Fengxing T5 SAIC:Exhibits Roewe brand’s Marvel X and RX8, MG brand’s X-motion concept car Changan:Exhibits new CS75 and PHV version, trasitioning to a modern science and technology services enterprise GAC Group: Announcement of Enverge concept car, partnership with Aisi...

Market & Tech Reports  Updated at: 2018/06/22