to 32.7% in 2024, while the share of BEVs only increased from 9.3% to 11.3%. The most widely registered EV model in 2024 was BYD's subcompact hatchback Dolphin (13,386 units), followed by BYD's compact crossover SUV ATTO 3 (7,747 units), SAIC Motor-CP Co., Ltd.’s MG brand C-segment hatchback MG4 (5,402 units), BYD's mid-size sedan Seal (5,156 units), and Changan Automobile's mid-size SUV Deepal S07 (4,874 units). The top five were all mode...

Market & Tech Reports  Updated at: 2025/05/12

edans ranging from subcompact to mid-size, as well as SUVs. The mid-size sedan MG5 accounted for nearly half of the company’s sales in Mexico (44.5% in 2024).   MG has also been adding various electric vehicles to its lineup since 2023. These include the subcompact HEV MG3, the compact BEV sedan MG4 and the B-class BEV SUV ZS, as well as the C-class PHEV SUV HS. The flagship BEV, the MG4, is available in three versions: "Style", "Extended Rang...

Market & Tech Reports  Updated at: 2025/04/30

Bangkok International Motor Show 2025 (1) Chinese OEMs BYD, Geely, Chery, Changan, MG, GAC, and others Summary BYD: Shark 6 DMO PHEV pickup truck, Denza D9 flagship electric MPV Geely: Star Wish compact EV, Zeekr SUV and MPV, RIDDARA electric pickup truck Chery: Market entry of Chery brand, Omoda & Jaecoo model lineup Changan: Deepal S05 BEV and REEV variants MG (SAIC): New S5 EV and IM6 premium intelligent e-SUV GAC: Aion UT EV and M8 PHEV GWM: ...

Market & Tech Reports  Updated at: 2025/04/25

a KD plant in Pakistan. It has also established more than 100 parts production/R&D sites and a sales/service network of more than 2,800 outlets (from SAIC’s official website in 2024). The company plans to launch 14 new smart EV global models by 2025. Building on the experience gained from the hit MG4 EV, the company plans to focus on research and development of global models, eventually covering more than 100 countries and regions worldwide.  ...

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

d in July 2024 Great Wall Motor Ora 07 Released in December 2023 Neta Auto's Neta V-II Released in April 2024 XPeng G6 Release in Q3 2024 Chery’s Omoda C5 EV Released in Q2 2024 Chery’s Jaecoo 6 EV Release in Q4 2024 SAIC Motor-CP MG Cyberster Released in March 2024 SAIC Motor-CP MG4 Electric Released in March 2024 Wuling Binguo Released in July 2024 Geely Zeekr X Released in July 2024 Geely Radar Introduced in July 2024 ...

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

ny sales results in the data released by INEGI as of April 2024.   Major Mexico-related news for Chinese manufacturers in 2023 and beyond SAIC MotorAnnounces launch of new EVs and electric buses According to several Mexican local media reports in April 2024, MG announced plans to introduce the MG4, a small EV hatchback, to Mexico and to sell green buses for cities. The MG4 is available in three versions: Style, Extended Range, and X Power. T...

Market & Tech Reports  Updated at: 2024/06/14

ler Volvo XC40 Chiller Electric valve North America Tesla Model 3 Chiller Model Y Chiller Ford Mustang Mach-E Electric valve F-150 Lightning Chiller GM Chevrolet Bolt EV Chiller Electric valve China BYD Han Chiller Tesla Model 3 Electric valve Model Y Electric valve MG Mulan (MG4 EV) Chiller Electric valve XPeng P7 Chiller Electric valve Aion Y Chiller Outline of the company and its business: It is a Chinese automo...

Market & Tech Reports  Updated at: 2024/05/16

ASEAN Vehicle Sales and Production Update (Q1 2024) ASEAN Countries Automotive News Top Rank Topics Summary Vehicle Sales Volume by Country Vehicle Production Volume by Country Commentary on Sales and Production Volume, January- March 2024 Thailand BEV sales by OEM ASEAN News Topics (Q1 2024)   * An updated version of this ASEAN report will be released every quarter.   Related reports: Bangkok International Motor Show 2024 (3) VinFast, Europea...

Market & Tech Reports  Updated at: 2024/05/14

Bangkok International Motor Show 2024 (1) Chinese OEMs BEVs from Neta, Changan, MG, BYD, Aion, XPeng, Zeekr, and GWM HEV pickup truck Summary NETA: Thai-made electric city car NETA V-II Changan: Lumin electric city car and Deepal series MG (SAIC Motor) : Cyberster electric roadster and Thai-made MG4 electric hatchback BYD: Full lineup for Thai market GAC Aion: Hyper HT electric SUV XPeng: G6 and G9 electric SUVs Zeekr (Geely): SEA electric platfo...

Market & Tech Reports  Updated at: 2024/04/19

s a range of 600 km. MG ZS EV Subcompact electric SUV The locally assembled model was released in January 2024. It is equipped with a 50.3 kWh lithium-ion battery and offers a range of 403 km (NEDC mode). The model is produced at the Cikarang Plant in West Java. It is priced at IDR 453 million. MG4 EV Compact EV The locally produced model of the hatchback-style compact EV was launched in January 2024. It adopts a 51 kWh battery and delivers a...

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

its. 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 (50,000 units), with the Wuli...

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

on New Energy Automobile Co., Ltd.’s (GAC Aion’s) Aion ES electric sedan for use as a taxi. The Aion ES comes with a 50.6 kWh battery, offering a range of 442 km (NEDC cycle). Its taxi version is priced from THB 929,900. SAIC Motor In November 2023, SAIC Motor-CP rolled its first EV, the new MG4 Thailand Edition, off the production line. There are already 135 MG charging stations in Thailand. In addition, a local production project by the...

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

ASEAN Vehicle Sales and Production Update (Q4 2023) ASEAN Countries Automotive News Top Rank Topics Summary Vehicle Sales Volume by Country Vehicle Production Volume by Country Commentary on Sales and Production Volume, January- December 2023 Thailand BEV sales by OEM ASEAN News Topics (Q4 2023)   * An updated version of this ASEAN report will be released every quarter.   Related reports:Thailand International Motor Expo 2023 (2) (Dec. 2023)Th...

Market & Tech Reports  Updated at: 2024/02/16

t, to build rate adjustments and plant closures caused by shortages of a vital IC engine part and e-motors. VW has also reported that it faces fierce competition from Chinese OEMs, especially their BEVs, not only in China but also in Europe and the US. The fallout is apparent with the Chinese-built MG4, a competitor to the ID.3 and Born set to sell 71k units in Europe in 2023. The resulting weakness in demand led to Dresden and Mosel stopping bui...

Market & Tech Reports  Updated at: 2024/01/30

V, Lexus RX 500 h F Sport, Maserati Grecale, Mercedes-Benz GLC 220 D 4MATIC Avantgarde, MINI Clubman Cooper S Final Edition, Mitsubishi Triton Athlete, Nissan GT-R, Peugeot 2008 SUV, and TATA Super Ace Mint.   The BEV models put on display included Aion Y Plus, Changan L07, ORA 07, Lotus ELETRE R, MG4 Electric Icon, NETA GT, NEX electric pickup truck, Tesla Model 3, Volvo EX30 Pure Electric, and Wuling Mini EV.   This exhibition is expected to ...

Market & Tech Reports  Updated at: 2023/12/27

exus RX 500 h F Sport, Maserati Grecale, Mercedes-Benz GLC 220 D 4MATIC Avantgarde, MINI Clubman Cooper S Final Edition, Mitsubishi Triton Athlete, Nissan GT-R, Peugeot 2008 SUV, and TATA Super Ace Mint.   The BEV models put on display included the Aion Y Plus, Changan L07, ORA 07, Lotus ELETRE R, MG4 Electric Icon, NETA GT, NEX electric pickup truck, Tesla Model 3, Volvo EX30 Pure Electric, and Wuling Mini EV.   This exhibition is expected to ...

Market & Tech Reports  Updated at: 2023/12/27

ghtly by 1.8 points m/m to 37.8%, while Germany (24.7%), in fifth place, saw its share of electric vehicle sales temporarily drop in September due to changes in the content of the environmental bonus, but EV sales turned around, increasing in October due to strong sales of the Skoda Enyaq iV and MG MG4.   The MG4 of the SAIC Group is a China-produced model, and around 10,000 units are exported from China each month. In addition to the MG4, the M...

Market & Tech Reports  Updated at: 2023/11/27

ern European countries such as Norway, Germany, Denmark, and France in the future. SAICMG Motor MG Motor presented its two-seat EV roadster, the Cyberster, at the IAA Mobility 2023. It plans to launch the Cyberster in Europe in the summer of 2024. The MG Cyberster was displayed along with the new MG4 Electric XPOWER, an EV hatchback, and the MARVEL R.   The EU set a target of making all new cars sold in the region zero-emission by 2035 and...

Market & Tech Reports  Updated at: 2023/11/14

2023.   MG Motor is a brand based in the UK owned by the Chinese automaker, SAIC Motor Passenger Vehicle Co., Ltd. Its production facilities are located exclusively in Asia.   At the IAA Mobility 2023, MG Motor brought three electric models to be exhibited at the Summit area of the event: the MG4 Electric, the Marvel R, and the Cyberster, which had its premiere at the event. Despite its small exhibition area, the company managed to attract ...

Market & Tech Reports  Updated at: 2023/09/27

ris Cross (June 14, 2023)https://www.marklines.com/en/news/289735 Indonesia govt. inks MoU with BYD to explore investment opportunities between Indonesia and China (May 29, 2023)https://www.marklines.com/en/news/288846 MG keen on making EVs in Indonesia in future thanks to govt. support; Over 1,200 MG4 EVs already booked (May 23, 2023)https://www.marklines.com/en/news/288538 Mazda reportedly preparing to set up vehicle assembly facility in Indone...

Market & Tech Reports  Updated at: 2023/08/21