on was spun off as Breed Automotive Corporation (BAC) in 1986. In 1991 BAC changed its name to Breed Technologies, Inc. (BTI). The company filed for Chapter 11 bankruptcy protection in 1999 and was acquired by the Carlyle Management Group (CMG) in 2003 and was renamed Key Safety Systems (KSS). In 2007, the company was sold to Crestview Partners, L.P., and since then, it has been expanding its sales channels into Asian markets such as China and In...

Market & Tech Reports  Updated at: 2025/04/24

exports), with SUV models accounting for 47% of the total. In terms of sales volume by group, BYD posted a significant increase and took the top spot, surpassing the SAIC Group.   Chinese OEMs in the passenger car market performed extremely well, accounting for more than 65% of the market with 18.079 million units, up 22.2% over the previous year. In particular, BYD is in the lead, having sold 4.25 million units, up 41.1% over the previous year...

Market & Tech Reports  Updated at: 2025/02/19

ing System (Xinxiang) Co., Ltd. (Yubei) was established in 1969. It was established by renovating the former Avic Xinxiang Aviation Industry (Group) Co., Ltd. Intermediate Technical School. It was formerly known as the "State-run Factory No. 103" but was changed from a factory to a corporation in 2007. Since then, the company has gradually developed into a well-known manufacturer of automotive steering systems in China. As of 2021, Yubei had nine...

Market & Tech Reports  Updated at: 2024/09/27

crease Summary New vehicle sales in H1 2024 up 6.1% y/y to 14,045,000 units Sales by Group: SAIC's share is 12.7%, BYD 11.5%, and Geely in the top 5 Market share by vehicle type: SUVs at 45.0%, commercial vehicles steady Passenger car market: Chinese automakers have 62.5% share; BYD leading with 1,607,000 units; Japanese OEMs below 1.5 million units Exports grow 30.5% to 2,793,000 units; Lexus brand tops the list of imports Top 3 NEV sellers are ...

Market & Tech Reports  Updated at: 2024/08/20

ligent electric vehicles. Onvo targets the family car market. The first Onvo model, the L60 midsize intelligent BEV family SUV, became available for pre-order. The pre-order price starts at CNY 219,900 and the model will be released in September 2024. Alliance on swappable battery charging Geely (Jiyue) On April 3, 2024, Wuhan NIO Energy Co., Ltd. (NIO Energy) and Wuhan Jidu Automobile Service Co., Ltd. (Jiyue Auto, a Geely subsidiary) official...

Market & Tech Reports  Updated at: 2024/08/01

on was spun off as Breed Automotive Corporation (BAC) in 1986. In 1991 BAC changed its name to Breed Technologies, Inc. (BTI). The company filed for Chapter 11 bankruptcy protection in 1999 and was acquired by the Carlyle Management Group (CMG) in 2003 and was renamed Key Safety Systems (KSS). In 2007, the company was sold to Crestview Partners, L.P., and since then, it has been expanding its sales channels into Asian markets such as China and In...

Market & Tech Reports  Updated at: 2024/04/25

Groups relying on foreign brands were relatively heavily affected.   This report presents key trends in the Chinese market for Chinese and major foreign automakers in the third quarter (Q3) of 2023. Many Chinese automakers have announced new brands, with names such as BYD's Fang Cheng Bao, Geely's Jiyue, Dongfeng Motor's Dongfeng Nammi, and Changan Automobile's Changan Qiyuan, to name a few. In addition, several companies are focusing on applica...

Market & Tech Reports  Updated at: 2023/11/10