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Chinese Market H1 2024: New Vehicle Sales Exceed 14M Units, NEVs 4.9M
bal Light Vehicle Sales Forecast Q2,2024)" (Note) 1. Data indicate figures of only small-size vehicles, including passenger cars and light commercial vehicles with a gross vehicle weight of under 6 tons.2. All rights reserved. Reproduction of any data will require permission of GlobalData (formerly LMC Automotive). ------------------KeywordsChina, own-brands, New Energy Vehicles, batteries, electric vehicles, NEV, SUV, EV, PHV, FCV, sales, prod...
Market & Tech Reports Updated at: 2024/08/20
Ford: HVs for all models by 2030, postponing some EV launch plans
ble does not match the Ford Group Total.Notes: 1. Data indicates figures of only small-size vehicles, including passenger cars and light commercial vehicles with a gross vehicle weight of 6 tons or less.2. All rights reserved. Reproduction of any data requires the permission of GlobalData (formerly LMC Automotive). ------------------ KeywordsFord, Lincoln, HEV, BEV, Battery, Electric, Commercial Vehicle, Pickup Truck, SUV ...
Market & Tech Reports Updated at: 2024/05/29
SAIC: 3.5M NEV Sales by 2025, Launching 14 New Smart EV Models Overseas
7 13,107 10,007 Shanghai Sunwin Bus Sunwin Medium bus 168 148 298 Large bus 648 1,831 1,247 Large bus (chassis) 9 30 - Total 825 2,009 1,545 Grand total 5,364,585 5,191,528 4,911,580 (Source: MarkLines database) (GlobalData, January 2024) According to GlobalData’s (formerly LMC Automotive) sales forecast (January 2024), SAIC Group’s light vehicle sales in 2024 are expected to decrease by 3.1% year-over-year (y/y) to 2.8...
Market & Tech Reports Updated at: 2024/03/25
Great Wall Motor: Over 1.23M Units Sold in '23, Acceleration of Smart and EV
, hatchbacks Great Wall C30 3,106 1,607 - - - Light-duty trucks(including pickups) 148,830 225,002 233,006 186,715 202,330 Grand total 1,060,298 1,111,598 1,280,993 1,067,523 1,230,177 (Source: MarkLines Database) (GlobalData, December 2023) According to GlobalData’s (formerly LMC Automotive) sales forecast (December 2023), GWM light vehicle sales in 2024 are expected to increase by 2.5% year-over-year (y/y) to 1,564k units,...
Market & Tech Reports Updated at: 2024/03/06
Mazda: Full-scale introduction of BEVs from 2028
ehicle Production Forecast" (October, 2023)(Note) 1. Data indicate figures of only small-size vehicles, including passenger cars and light commercial vehicles with a gross vehicle weight of under 6 tons.2. All rights reserved. Reproduction of any data will require permission of GlobalData (formerly LMC Automotive) . ------------------ KeywordsMazda, Electric, BEV, PHEV, HEV, Battery, Rotary Engine, Biodiesel, Biomass, Carbon Neutral ...
Market & Tech Reports Updated at: 2023/12/22
U.S. Market: BEV Sales Ratio 7.5%, with over 20% in California
t Vehicle Sales Forecast" (September, 2023)(Note) 1. Data indicate figures of only small-size vehicles, including passenger cars and light commercial vehicles with a gross vehicle weight of under 6 tons.2. All rights reserved. Reproduction of any data will require permission of GlobalData (formerly LMC Automotive) . ------------------ KeywordsUSA, Electric, ZEV, BEV, PHEV, FCEV, Regulations, Charging, UAW ...
Market & Tech Reports Updated at: 2023/11/24
Mercedes-Benz Group unveils entry-level EV "Concept CLA Class”
.1% PHEV 182,276 9.4% 184,263 9.0% 78,975 8.1% 74,758 7.3% xEV total 271,847 14.0% 333,490 16.3% 137,594 14.1% 187,608 18.4% Source: Fact Sheet Q4 and Full Year 2022, Q2 2023Note: Entry and BEV include smart models. (GlobalData, August 2023) According to GlobalData’s (formerly LMC Automotive) production forecast (August 2023), Mercedes-Benz Group’s light vehicle production started to recover from 2022. The Group’s produc...
Market & Tech Reports Updated at: 2023/09/28
BMW Group: Vision Neue Klasse next-generation EV concept car
ROCE (Return on Capital Employed) 18.1% 18-22% Source: BMW Group Quarterly Report Q2 2023Notes: 1. Sales include sales by the Chinese joint venture. 2. CO2 emissions (corporate average) are for the 27 EU countries. (GlobalData, Quarter 2 2023) According to GlobalData’s (formerly LMC Automotive) latest forecast (Quarter 2, 2023), BMW Group’s global sales are expected to grow to 2.44 million units in 2023, up by 1.8% year-over...
Market & Tech Reports Updated at: 2023/09/27
Indian passenger car sales rank third globally in 2022
OEM analysis of passenger car market Government stimuli for the automotive industry and e-mobility Schemes for electrification and eco-friendly vehicles Regulations: BS-VI OBD 2 emission standards, and Bharat NCAP Medium-term trends in the passenger car market Sales Forecast by GlobalData (formerly LMC Automotive): Indian light vehicle sales will reach 5.05 million units in 2026 Passenger Vehicle sales in India (Source: MarkLines Data Cente...
Market & Tech Reports Updated at: 2023/09/19
GM (2): Global sales and earnings increase due to higher sales in the U.S.
es position from Toyota China sales situation: Decline in sales of Wuling brand vehicles, declining market share Brazil: Introducing a state-of-the-art pickup truck in February 2023 GM's global performance: Net income improves 7% in H1 of 2023 due to increased sales in the U.S. GlobalData (formerly LMC Automotive) Production Forecast: GM Group’s light vehicle production forecast rising gradually, to reach 5.13 million units in 2026 Buick ...
Market & Tech Reports Updated at: 2023/09/15
FAW: NEV Sales to Reach 1.45 Million Units in 2025
856 30,256 SUVs VS5 82,809 71,846 35,748 36,780 VS7 40,528 28,395 15,616 15,352 Total 1,800,777 1,801,577 855,944 849,158 Grand Total 3,495,572 3,215,151 1,516,978 1,546,887 (Source: Complied from MarkLines database) (GlobalData, July 2023) According to GlobalData’s (formerly LMC Automotive) sales forecast (July 2023), FAW Group’s light vehicle sales in 2023 are expected to increase by 4.1% year-over-year (y/y) to 448k un...
Market & Tech Reports Updated at: 2023/09/13
China Market H1 2023: New Vehicle Sales at 13.24 Million, NEV Sales Up 44.1% to 3.747 Million
hui) 52,299 55,770 6.6% Subtotal 235,223 278,513 18.4% Other 1,072,473 1,176,242 9.7% Grand total 12,046,966 13,238,813 9.9% (Source: Compiled from MarkLines database) *1: Includes the volume of SAIC-GM-Wuling Automobile (GlobalData, Q2 2023) According to GlobalData's (formerly LMC Automotive) production forecast (Q2 2023), Chinese light vehicle (LV) production is expected to be 26.8 million units in 2023, up 2.2% year-over-y...
Market & Tech Reports Updated at: 2023/08/21
ASEAN Vehicle Sales and Production Update (Q2 2023)
EV brands in Thailand, leading all brands during January-June 2023 was BYD Auto with 11,212 BEV units registered, followed by Hozon Auto and Tesla that registered 5,955 BEV units and 5,095 BEV units, respectively. Meanwhile, the Thailand-based MINE Mobility brand registered 1,171 EVs in H1/2023. LMC Automotive blog LMC Automotive blog: PV and LCV market shares in Thailand normalise after temporary COVID-19 distortionshttps://www.marklines.com/...
Market & Tech Reports Updated at: 2023/08/21
Plans by Japanese OEMs to Introduce Electrified Vehicles
%. Mitsubishi Motors: 30% increase in R&D and capital expenditures over the next six years Subaru: Producing BEVs in the U.S., aiming for global BEV sales of 600,000 units (50% of total sales) in 2030 FY2022 performance and FY2023 outlook of Japanese passenger car manufacturers GlobalData (formerly LMC Automotive) Sales Forecast: Sales in Japan in 2026 will be 5 million units Electrified vehicle assembly plants and battery plants in Japan(S...
Market & Tech Reports Updated at: 2023/08/18
ASEAN (2): Production and sales recovering to pre-pandemic levels
aysian sales up with tax breaks Summary ASEAN vehicle production grows 24% to 4.15 million units in 2022 Thailand and Indonesia export 1 million and 470,000 vehicles, respectively, in 2022 ASEAN new vehicle sales in six major countries increase 25% to 3.42 million units in 2022 GlobalData (formerly LMC Automotive) Sales Forecast: ASEAN sales to grow to 4.02 million units in 2026 Wuling Hongguang MINI EV compact EV (Production began in Vietn...
Market & Tech Reports Updated at: 2023/08/17
Toyota's Electrification Strategy: Cutting Next-Generation BEV Production Processes in Half
strategy, all-new BEV-exclusive RZ 450e Expanding PHEV lineup: Available on new Alphard, Lexus TX, and other large vehicles Consolidated sales volume is expected to increase by 8.8% to 9.6 million units in the fiscal year (FY) ending March 2024, with higher revenue and profits GlobalData (formerly LMC Automotive) Production Forecast: Toyota Group’s production in 2026 will be 11.3 million units The bZ Sport Crossover Concept made its worl...
Market & Tech Reports Updated at: 2023/07/14
Korean Market and Brands: Public and Private Sectors Building EV/Battery Production Capacity
former Renault Samsung): Geely Automobile secures a 34% stake KG Mobility (former Ssangyong): Focusing on mobility technology under the KG Consortium Korean vehicle production, sales and exports: output increasing with parts shortages easing from 2H 2022 Production Forecast by GlobalData (formerly LMC Automotive): Korean light vehicle production expected to be 3.91 million units in 2026 The Korean government has set a target to raise its annu...
Market & Tech Reports Updated at: 2023/07/05
Chery: New intelligent EV brand iCAR; transforming into a global technology company
rio intelligence Production system: Qingdao gigafactory starts production, construction of Chery Automotive Parts Industrial Park begins Business overview: Sales and sales volume reach record highs in 2022, with rapid growth of NEVs Chery Holding Group’s sales volumes in China (factory shipments) LMC Automotive’s Sales Forecast: Chery Group’s light vehicle sales in 2026 will be 1.62 million units Chery Automobile 2023 "New Energy Nigh...
Market & Tech Reports Updated at: 2023/06/21
LMC Automotive Global Light Vehicle Sales Update (May 2023)
LMC Automotive Global Light Vehicle Sales Update (May 2023) Summary Commentary The Global Light Vehicle (LV) selling rate rose to 89 mn units/year in May, from 86 mn units/year in April. Most markets have outperformed 2022 which was debilitated by stringent supply constraints, that have now started to ease. As a result, nations’ LV markets have reported strong vehicle registration volumes with global LV sales at 7.4 mn units (+18.7% YoY). US ...
Market & Tech Reports Updated at: 2023/06/19
LMC Automotive European Passenger Car Sales Update (May 2023)
LMC Automotive European Passenger Car Sales Update (May 2023) Summary Commentary The Western Europe PV selling rate improved to 11.4 mn units/year in May, up from 10.7 mn units/year in April. Total registrations for the latest month topped 1.0 mn units for just the second time this year, representing growth of 18.9% YoY, although still down 23% from the pre-pandemic 2019 result. Germany and Italy both enjoyed solid performances in May with YoY ...
Market & Tech Reports Updated at: 2023/06/12