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Indonesia: BYD, GAC Aion and VinFast set up EV plants
V) sales in Indonesia reached 43,104 units in 2024, increasing around 2.5 times from the previous year. BYD delivered the most with 15,429 units, followed by Wuling (13,117 units) and Chery (5,010 units). Major models include BYD’s M6, Seal, ATTO 3, Wuling’s Binguo, Air EV, Cloud, and Chery’s OMODA 5. Nine Chinese OEMs delivered 38,744 units which account for 90% of the BEVs sold. Five Japanese OEMs sold only 135 BEVs. On the other hand,...
Market & Tech Reports Updated at: 2025/06/13
Thailand: Tax Incentives for PHVs, HVs, and MHVs in addition to EVs
unched in January 2024. Electric subcompact 5-door hatchback. Cruising range (NEDC mode) is 480km. Neta Auto Neta X Released in June 2024. Is a compact electric SUV. The price is less than THB 1 million. Neta V-II Delivered from May 2024. Is an electric SUV. Local production. Chery Automobile Omoda C5 Presented at the company's August 2024 event. Is a compact electric SUV. The motor has a maximum output of 204hp and maximum torque of 340Nm....
Market & Tech Reports Updated at: 2025/05/12
Bangkok International Motor Show 2025 (2) Japanese & European OEMs
s event will feature a diverse lineup of international automotive brands, including Aion, Audi, Aston Martin, BMW, BYD, Changan (Deepal / AVATR), Chery, Farizon, Ford, Denza, Geely, GWM, Honda, Hyundai, Isuzu, Juneyao, Jeep, Lexus, Maserati, Mazda, Mercedes-Benz, MG, MINI, Mitsubishi, Neta, Nissan, Omoda & Jaecoo, Peugeot, Porsche, Riddara, Rolls-Royce, Suzuki, Toyota, Volvo, XPeng, and Zeekr. Additionally, the two-wheeler segment will showcase B...
Market & Tech Reports Updated at: 2025/05/08
Mexico (1) Sales grow fourth consecutive year in 2024, but growth slows
d in China. By brand, SAIC-GM had the largest number of vehicles, at 132,000 units, accounting for 43.5% of imported vehicles from China in 2024, followed by SAIC Motor Corporation Limited (SAIC Motor), which sells MG brand vehicles, at 19.9%, Chery Automobile, which has brands such as Chery and Omoda, at 9.9%, and Hyundai Group's Kia brand at 9.0%. The United States and Japan, the second and fourth largest import sources, increased their n...
Market & Tech Reports Updated at: 2025/04/30
Bangkok International Motor Show 2025 (1) Chinese OEMs
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
Indonesia International Motor Show 2025 (IIMS 2025)
Indonesia International Motor Show 2025 (IIMS 2025) Chinese OEMs, Japanese OEMS, Hyundai, VinFast exhibits; charging network Summary Wuling: Top in local EV sales with launch of Air EV and Cloud EV BYD: Promoting the Sealion 7, local plant to start production in January 2026 GAC Aion: Aion V debut Chery: Unveiling Tiggo, Jaecoo, Omoda, and Jetour electric vehicles Geely: Re-entering the Indonesian market with CKD production of the EX5 Honri: Maki...
Market & Tech Reports Updated at: 2025/03/31
Chery: Jump in NEV Sales; Promoting Intelligent Technology
e future. Chery sells vehicles in more than 80 countries and territories. The company has overseas operations in more than 110 countries and regions, with 4.5 million users outside China according to its official website. Chery, which is accelerating its overseas expansion, released two new brands, Omoda and Jaecoo, in 2023. Both brands will develop markets in Southeast Asia, Latin America, the Middle East, and Europe in particular. The Omoda bra...
Market & Tech Reports Updated at: 2025/03/07
ASEAN Vehicle Sales and Production Update (Q4 2024)
pickup truck to be available in Thai market from November 20 (October 15, 2024) https://www.marklines.com/en/news/316013 Malaysia Proton e.MAS 7 e-SUV officially launched; First EV model of Proton and Malaysia (December 17, 2024) https://www.marklines.com/en/news/319241 Chery Malaysia launches Omoda C9 SUV; locally assembled (December 12, 2024) https://www.marklines.com/en/news/319046 KLIMS 2024: Perodua displays Malaysia-made eMO-II prototy...
Market & Tech Reports Updated at: 2025/02/25
Thailand International Motor Expo 2024 (2) Japanese OEMs and Others
7 countries showcasing their products at the show were Aion, Audi, Avatr, BMW, BYD, BYD Commercial, Deepal, Denza, Ford, Foton, Geely, Great Wall Motor, Honda, Hyundai, Isuzu, Jeep, Juneyao, Kia, King Long, Leapmotor, Lexus, Lotus, Maserati, Mazda, Mercedes-Benz, MG, MINI, Mitsubishi, Neta, Nissan, Omoda & Jaecoo, Peugeot, Pocco, Porsche, Riddara, Suzuki, Tesla, Toyota, Volvo, Wuling, XPeng, and Zeekr, along with motorcycle brands namely AJ EV, A...
Market & Tech Reports Updated at: 2025/01/16
Thailand International Motor Expo 2024 (1) Chinese OEMs
Thailand International Motor Expo 2024 (1) Chinese OEMs Chery, Changan, Geely, SAIC, GAC, BYD, and others Summary Chery: Omoda and Jaecoo brand electrified vehicle lineup Changan: Deepal and Avatr e-SUVs and REEV pickup truck Geely EX5 and Zeekr 7X e-SUVs and RIDDARA electric pickup truck SAIC: IM Motors intelligent e-SUV, and Wuling brand compact EVs GAC: Aion V e-SUV and HYPTEC SSR BEV sports car BYD: Denza D9 luxury e-MPV, Sealion 7 e-SUV, SHA...
Market & Tech Reports Updated at: 2024/12/27
European Market: Adjusting Electrification Plan Amid Slowing EV Sales
oland since the beginning of 2024. Leapmotor is the first Chinese automaker that localized vehicle production in the EU. Chery Automobile Chery acquired a former Nissan plant in Barcelona, Spain, which is scheduled to reopen in Q4 2025. The company will invest EUR 400 million in the production of Omoda brand EVs. BYD BYD is building two new plants in Hungary (annual production capacity of 300,000 units) and Turkey (150,000 units), both of whi...
Market & Tech Reports Updated at: 2024/12/25
Chinese OEM Overseas Expansion Activities: Chery, Changan
ow is a summary of Chery's recent major overseas developments. Europe and Americas Europe Plant construction It has been reported by multiple media outlets that Chery is eager to build plants in Italy or the UK. (As of October 2024, in the planning stage.) Spain Market entry In March 2024, the Omoda brand was launched in the Spanish market along with the release of the Omoda 5. Plant construction Ebro-EV Motors, a Spanish start-up electri...
Market & Tech Reports Updated at: 2024/11/25
ASEAN (1) EV Promotion Policies; Increasing Entry of Chinese OEMs
ber 2023 Changan Automobile Lumin Mini EV Announced in March 2024 BYD Seal Released in October 2023 BYD Dolphin, Haibao Production started 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 Ele...
Market & Tech Reports Updated at: 2024/09/04
GAIKINDO Indonesia International Auto Show 2024
eports, 1,118 units have been pre-ordered, which indicates that the campaign has paid off. Hyptec SSR Aion ES AEP3.0 advanced BEV-dedicated platform Chery Automobile Co., Ltd. (Chery) had three separate booths displaying models from its umbrella brands, including Chery, Omoda, iCar, and Jetour. The most notable model was the iCar 03, an off-road SUV that was unveiled for the first time under the new energy vehicle ...
Market & Tech Reports Updated at: 2024/08/30
Chinese Market H1 2024: New Vehicle Sales Exceed 14M Units, NEVs 4.9M
,902 298,815 268,077 265,298 279,525 iCAR 0 0 1,445 54,382 64,926 71,298 82,684 Exeed 31,538 22,979 58,309 72,235 71,863 72,021 77,983 Luxeed 0 0 899 37,496 39,765 47,270 51,025 Cowin 20,684 49,177 44,577 40,021 43,125 38,398 36,895 Karry 32,533 27,154 42,350 31,889 32,316 33,701 34,169 Omoda 0 0 0 6,247 5,857 6,023 7,019 Rely 668 376 168 363 495 518 527 Chery Group sub-total 632,727 741,650 902,417 1,170,565 1,178,869 1,167,034 1...
Market & Tech Reports Updated at: 2024/08/20
ASEAN Vehicle Sales and Production Update (Q2 2024)
024)https://www.marklines.com/en/news/309106 Toyota plans to launch more HEV models in Philippines (May 31, 2024)https://www.marklines.com/en/news/308972 Philippines: zero tariffs for EVs until 2028; more types of electrified mobilities covered (May 17, 2024)https://www.marklines.com/en/news/308266 Omoda & Jaecoo’s official launch in Philippines postponed to H2/2024 (April 19, 2024)https://www.marklines.com/en/news/306718 Wuling already enters ...
Market & Tech Reports Updated at: 2024/08/20
Mexico: Chinese vehicles account for 30% of imports and 20% of sales
laced Argentina as the country's top auto export destination for 2023. Of the imported Chinese-made vehicles, GM-brand vehicles manufactured by SAIC GM accounted for the largest proportion (52.2%), followed by SAIC Motor, which sells MG-brand vehicles, and Chery Automobile, which sells the Chery/Omoda brands (22.6% and 14.5%, respectively). When Chinese brand vehicles are added to imported vehicles manufactured in China by GM, Ford, and oth...
Market & Tech Reports Updated at: 2024/06/14
Auto China 2024: SAIC and Chery
d has an overall range of over 1,100 km and a 5-in-1 electric powertrain DHT. The maximum speed is 185 km/h. Wuling Xingguang Wuling Xingguang interior Tianyu architecture D platform The four major brands of Chery, Exeed, Jetour, and iCAR under the Chery Group, as well as the OMODA and JAECOO brands for the global market, were exhibited at the show. The Chery brand's Fulwin series concept car "E06" was unveiled for the firs...
Market & Tech Reports Updated at: 2024/06/11
Indonesia: BYD, MG, Great Wall, Chery and VinFast entering EV market
he Air EV Lite, the lower-priced version of the Air EV, and DFSK released the more affordable Seres E1, a compact EV for urban residents. BYD, which has officially entered the Indonesian market, introduced its three models including the Dolphin, ATTO 3, and Seal, while Chery Automobile launched the OMODA E5 that will enjoy the VAT incentives. There are several auto manufacturers which are entering the EV market in Indonesia. VinFast, a Vietnam...
Market & Tech Reports Updated at: 2024/04/12
Chinese Market 2023: Sales Exceed 30m; BYD Dominates NEV Market
In seventh place was Geely with 2.109 million units, up 25.0% from the previous year. Geely brands, other than the Geometry brand, performed well. In eighth place was Chery Automobile (Chery), which posted a 46.0% y/y increase to 1.812 million units, in large measure due to the strong sales of the Omoda luxury brand that debuted in 2022. In ninth place was the Beijing Automotive Group (BAIC Group), whose subsidiary, commercial vehicle manufactur...
Market & Tech Reports Updated at: 2024/03/06