024 Jan.-May total 2023 Jan.-May total Y-o-Y 1 Model Y Tesla BEV 65 81 -19.8% 288 381 -24.4% 2 Seagull BYD BEV 46 35 33.2% 200 131 52.2% 3 Xingyuan Geely BEV 39 - -% 164 - -% 4 Model 3 Tesla BEV 30 42 -29.5% 180 162 11.0% 5 Wuling Hongguang MINI EV Wuling BEV 29 9 229.0% 167 50 232.2% 6 SU7 Xiaomi BEV 28 8 239.9% 132 18 626.4% 7 Qin L BYD BEV/PHV 25 5 406.8% 112 5 2143.8% 8 Song PLUS BYD BEV/PHV 24 39 -39.7% 159 148 7.0% 9 Qin P...

Market & Tech Reports  Updated at: 2025/06/25

ave strong suppliers and experience fierce competition among the major suppliers, the main users of CATL are relatively biased toward emerging manufacturers. Huawei Technologies Co., Ltd.'s (Huawei’s) HIMA vehicle drive battery is exclusively supplied by CATL, and the luxury version of the Xiaomi SU7 is also supplied by CATL.   Changan Automobile and CATL formed a partnership in 2021 to jointly establish the car brand Avatr in a three-company ...

Market & Tech Reports  Updated at: 2025/06/12

lows: Rank Model name Brand Segment Sales volume (thousands units) 1 Model Y Tesla SUV (D segment) 204.8 2 Model 3 Tesla D 121.1 3 Wuling Hongguang MINI EV GM Group (Wuling) A 101.7 4 Seagull BYD Auto Co., Ltd. (BYD) A 98.5 5 Geely Xingyuan Geely Holding Group (Geely) B 89.2 6 Xiaomi SU7 Xiaomi Corporation D 75.9 7 XPeng Mona M03 Guangzhou Xiaopeng Motors Technology Co., Ltd. (XPeng) D 47.1 8 Yuan UP BYD Auto Co., Ltd. (BYD) SU...

Market & Tech Reports  Updated at: 2025/06/02

n.-Apr. total 2023 Jan.-Apr. total Y-o-Y 1 Seagull BYD BEV 48 31 56.5% 154 97 59.1% 2 Model Y Tesla BEV 48 65 -25.3% 237 300 -20.9% 3 Wuling Hongguang MINI EV Wuling BEV 36 12 201.2% 138 41 232.9% 4 Xingyuan Geely BEV 36 - -% 125 - -% 5 Song PLUS BYD BEV/PHV 36 40 -10.3% 135 109 23.7% 6 SU7 Xiaomi BEV 29 6 378.0% 104 10 945.1% 7 Qin L BYD PHV 25 - -% 87 - -% 8 Wuling Bingo/Binguo Wuling BEV 25 8 205.3% 50 20 150.5% 9 Model 3 Tes...

Market & Tech Reports  Updated at: 2025/05/26

19.7% 2 Model 3 Tesla BEV 53 36 47.7% 109 96 13.5% 3 Hongguang MINI EV Wuling BEV 42 10 329.1% 102 29 245.9% 4 Song PLUS BYD BEV/PHV 39 36 8.8% 99 69 43.1% 5 Qin Plus BYD BEV/PHV 33 40 -17.1% 75 77 -2.4% 6 Xingyuan Geely BEV 32 - -% 89 - -% 7 Seagull BYD BEV 31 25 23.8% 105 66 60.2% 8 SU7 Xiaomi BEV 29 4 628.4% 76 4 1789.6% 9 Qin L BYD PHV 25 - -% 62 - -% 10 Song Pro BYD PHV 24 28 -15.5% 56 56 1.4% *Data adjustments have been...

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

nvolved in the automotive industry, while Tencent (Tencent Cloud), Alibaba (Alibaba Cloud), and ByteDance (Volcano Engine) are focusing on cloud services. On the other hand, Xiaomi Technology Co., Ltd. (Xiaomi) declared in March 2021 that it would manufacture cars, and launched its first model, the SU7, in March 2024. Sales volume in 2024 exceeded 130,000 units. Huawei In the automotive business, Huawei is gradually expanding into parts supply...

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

Mobile World Congress 2025 (1) AI and 5G AI-powered smart mobility solutions integrating 5G and NTN technologies Summary Xiaomi: SU7 Ultra Xpeng: X2 flying car powered by China Telecom KDDI: AI mobile autonomous shopping & AI mobility society Harman: “Ready” solutions China Mobile: smart cockpit Nokia: remote driving system LASTING Software: remote vehicle control Oracle: vehicle communication system   The GSMA Mobile World Congress Barcelon...

Market & Tech Reports  Updated at: 2025/03/28

1 Model Y Tesla BEV 44 65 -32.8% 99 129 -22.9% 2 Wuling Hongguang MINI EV Wuling BEV 37 14 173.4% 60 20 204.1% 3 Seagull BYD BEV 37 9 298.6% 74 41 82.7% 4 Model 3 Tesla BEV 34 27 24.6% 56 60 -6.9% 5 Song PLUS BYD BEV/PHV 32 15 116.9% 61 34 79.2% 6 Xingyuan Geely BEV 29 - -% 57 - -% 7 SU7 Xiaomi BEV 24 - -% 47 - -% 8 Qin Plus BYD BEV/PHV 22 16 38.4% 42 37 13.6% 9 Qin L BYD PHV 20 - -% 37 - -% 10 Han BYD BEV/PHV 17 8 125.6% 35 ...

Market & Tech Reports  Updated at: 2025/03/26

Xiaomi SU7 Teardown Survey Gigacast body structure Summary Overview of Xiaomi and its EV business More about Gigacast Body details except Gigacast section   The SU7 is the first model launched into the EV market by Xiaomi Corporation (Xiaomi), known as a global smartphone manufacturer. Gigacast is used for the rear structure, but its shape and thickness are similar to those of other companies' previous models. A die-casting machine with a clampi...

Market & Tech Reports  Updated at: 2025/03/04

e the second half of 2024.   Electric Vehicle (BEV/PHV/FCV) - Top 10 best selling models (000 units) - Model Maker/Brand P/T 2025January 2024January Y-o-Y 1 Model Y Tesla BEV 56 64 -13.5% 2 Seagull BYD BEV 37 31 19.3% 3 Song PLUS BYD BEV/PHV 28 19 49.8% 4 Xingyuan Geely BEV 28 - -% 5 SU7 Xiaomi BEV 23 - -% 6 Hongguang MINIEV Wuling BEV 22 6 273.8% 7 Model 3 Tesla BEV 22 30 -26.2% 8 Galaxy Starship 7 Geely Galaxy PHV 20 - -% ...

Market & Tech Reports  Updated at: 2025/02/26

arch, the MPV MEGA, Li Auto’s first EV model, was introduced. NIO and XPeng performed well, with sales increasing 41.3% and 34.2%, respectively, over the previous year. Smartphone giant Xiaomi Technology Co., Ltd. made headlines with the launch of its subsidiary Xiaomi EV Technology Co., Ltd.’s SU7 EV. While some emerging EVs were doing well, Hozon Auto, which had seen steadily increasing sales, experienced a significant decline in 2024. In a...

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

e that has been redesigned using waste materials from production processes, taking advantage of the characteristics of the materials and forming methods.   The vehicle's frame and powertrain-related components are reused from those of the base model COMS.   LTEC: Tesla Cybertruck inverter, Xiaomi SU7 OBC/DC-DC   LTEC Corporation (LTEC), which analyzes power devices and in-vehicle units, recently disassembled a Tesla Cybertruck. Its inverter a...

Market & Tech Reports  Updated at: 2025/02/07

cifically, this could include providing personalized information (e.g., a guide to nearby good restaurants + places to recharge at the same time) and further differentiation of experiences using AI (e.g., providing services that connect people, cars, and homes, such as those offered with the Xiaomi SU7). 4-2) List of service features provided by each company (Source: ReVision Summit presentation materials) 4-3) Vehicle data direct revenue ...

Market & Tech Reports  Updated at: 2024/11/11

el 3 series was Bosch. The Model 3 and Model Y system suppliers for 2020 and 2021 were Bosch HUAYU Steering Systems. The Model 3 system supplier for 2022 was Bosch. NIO: Bosch and thyssenkrup were the system suppliers for the 2018 through 2022 NIO ES8. Xiaomi: The system supplier for the Xiaomi SU7 is Nexteer. XPeng: System suppliers for the XPeng G3 series and XPeng P7 in 2021 and 2022 were Bosch and Bosch HUAYU Steering Systems, respectiv...

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

TECHNO-FRONTIER 2024: Electric Vehicle Technologies BEV teardown exhibit, motors, power devices and related components Summary Actual BEVs on display: Xiaomi SU7, BYD Seal, Hyundai Ioniq 5 N BEV teardown exhibit: Geely Zeekr 007, Citroen Ami Motors: EXEDY, Fukuda (ATE), IE5 Motor Project (Toshiba, Mitsubishi Electric, ABB, Yaskawa Electric), Nidec Motor parts: Easy-Win, Zhejiang Grandwall, Daido Steel, Next Core Technologies, Inac Power devices: ...

Market & Tech Reports  Updated at: 2024/08/27

going in Q2 2024. Due to significant price reductions of Internal Combustion Engine (ICE) models at the start of the year, the market share of these vehicle types greatly increased. However, as NEV models follow in the price reduction strategy, and with the launch of blockbuster NEVs such as Xiaomi SU7 and BYD Qin L, the sector has regained some of the lost market share. The government’s extension of the temporary purchase tax exemption policy ...

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

d in China. The aluminum die-cast parts of the XPeng X9, which was released in January 2024, are shown in green.   Related Reports:Toyota Business Fair 2024: EV Technologies, Carbon Neutrality (Jun. 2024)Auto China 2024: Xiaomi, Huawei (HIMA) (May. 2024)Xiaomi EV: 5 Technologies and First Model SU7 (Feb. 2024)Toyota's Electrification Strategy: Cutting Next-Generation BEV Production Processes in Half (Jul. 2023)China Emerging EV Automakers: De...

Market & Tech Reports  Updated at: 2024/06/27

Auto China 2024: Xiaomi, Huawei (HIMA) Xiaomi SU7 and a model developed by Huawei and BAIC in partnership Summary Xiaomi: Unveils its first electric sedan, the SU7 Huawei Harmony Intelligent Mobility Alliance (HIMA): Unveiling the S9, a model developed in partnership with BAIC Xiaomi's exhibition booth The 18th Beijing International Automotive Exhibition (Auto China 2024) was held at the China International Exhibition Center from April...

Market & Tech Reports  Updated at: 2024/05/08

efang Automotive Co., Ltd.) will partner with Farasis Energy (Ganzhou) Co., Ltd. on solid-state batteries for commercial vehicles. GAC Aion (GAC Aion New Energy Automobile Co., Ltd.) started operations at its electric powertrain plant. Xiaomi (Xiaomi Auto Co., Ltd.) launched its first EV sedan, the SU7.   In the area of intelligentization, BYD announced several technological achievements, including an intelligent development strategy and intelli...

Market & Tech Reports  Updated at: 2024/05/07

Xiaomi SU7 New Car Launch Comparison with Tesla Model 3; 89,000 units pre-ordered in 24 hours after launch event Summary Xiaomi EV: Launch of 3 versions of the Xiaomi SU7; Comparison with the new Tesla Model 3 Smart Driving: Independently developed solutions "camera only" and "camera and laser radar” Smart cockpit: 5 integrated screens, and a voice assistant that combines multiple information sources People/car/home eco-systems: Preparing the c...

Market & Tech Reports  Updated at: 2024/05/02