007 GT 2023 D 〇 Geely Automobile Panda Mini / Knight 2023 A 〇 GAC Aion New Energy Automobile Co., Ltd. (GAC Aion) Aion Hyptec GT 2023 D 〇 Xiaomi SU7 / SU7 Ultra 2024 D 〇 SAIC-GM-Wuling Wuling Xingguang 2024 D 〇 SAIC-GM-Wuling Wuling Bingo 2023 B 〇 Changan Auto Qiyuan A07 2023 D 〇 BYD Yangwang U9 2024 F 〇 BYD Seal  2022 D 〇 BYD Seagull / Dolphin Mini 2023 A 〇 Li Auto Li L6 2024 D 〇 ...

Market & Tech Reports  Updated at: 2025/07/08

goes hand in hand with the consideration of the infrastructure required to make the whole thing feasible. For example, China has succeeded in driving forward the development of a hydrogen infrastructure - particularly for truck transportation.   For cost-effective fuel cells a hydrogen price of 35 Yuan, which equals around 4.5 euros, is required. Some cities have introduced subsidy policies to encourage hydrogen adoption, ensuring prices stay at...

Market & Tech Reports  Updated at: 2025/06/20

sales trends for these models (Figure 3) are as follows: 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. (XP...

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

n the company's announcements, it is the second largest Chinese OEM in terms of sales and imports after SAIC Motor).   The company began sales in Mexico in the first half of 2023, and has been offering a lineup of electric sedans and SUVs, starting with the introduction of the compact electric SUV Yuan PLUS/ATTO 3. In 2024, BYD added PHEV sedans, SUVs, and pickup trucks to its lineup.   Mexico will be the first market for BYD's first pickup tru...

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

sidian Black. Global launch of the Xiaomi SU7 Ultra (GSMA MWC™ Barcelona, organized by © GSM Association, Photos: Copyright © MarkLines Co., Ltd. All rights reserved)   The production has started in October 2024, and it is now officially on sale in China at prices start from 529,900 yuan, which equals around 67,000 euros.   The car is powered by a tri-motor system consisting of two V8 motors and one V6S motor placed at the rear a...

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

e (thousands units) Previous year’sranking Powertrain Segment 1 ★ Model Y Tesla 556.7 1⮕ BEV SUV (D segment) 2 ★ Song PLUS BYD 512.0 3⬈ BEV/PHV SUV (D segment) 3 ★ Seagull BYD 479.3 8⬈ BEV A 4 ★ Qin PLUS BYD 443.2 2⬊ BEV/PHV D 5 ★ Model 3 Tesla 360.0 7⬈ BEV D 6 ★ Yuan PLUS BYD 309.5 4⬊ BEV SUV (C segment) 7 ☆ Tiggo 7 Chery 304.0 14⬈ ICE/PHV SUV (C segment) 8 ★ Qin L BYD 284.3 Not sold in previous ye...

Market & Tech Reports  Updated at: 2025/03/14

335" strategy development. This refers to the expansion of one innovative business plan (launched in 2017), three sub-plans (electrification "Shangrila"; intelligentization "Dubhe Plan"; and globalization "Vast Ocean"), three brands (Changan, Deepal, and Avatr), three series (Changan Uni, Changan Qiyuan, and Changan Kaicene), and five markets (Europe, the Middle East/Africa, Latin America, Southeast Asia, and the Commonwealth of Independent State...

Market & Tech Reports  Updated at: 2025/03/12

ined at just under 40% since 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...

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

3.6 7 New Passat SAIC VW 212.5 260.3 8 Han BYD 228.4 258.5 9 Sagitar FAW-VW 280.2 258.3 10 Bluebird Sylphy / Sylphy Dongfeng Nissan 246.0 241.6 SUVs Model name Manufacturer 2023 (000s units) 2024 (000s units) 1 Model Y Tesla (Shanghai) 646.8 556.7 2 Song PLUS BYD 427.1 512.0 3 Yuan PLUS BYD 412.2 309.5 4 Tiggo 7 Chery 236.5 304.0 5 Song Pro BYD 203.5 280.8 6 Xing Yue L Geely 182.6 267.8 7 CS75 Chongqing Changan 253.6...

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

th the Denza brand accounting for 3% and the Fangchengbao brand 1.3% of the total.   The sales composition by segment is dominated by D-segment models, of which sedans/hatchbacks account for 38.5% and SUV models account for 30.5%.     BYD's three most popular models for 2024 are the Qin, Yuan, and Song. The sales of Qin series of D-segment sedans (Qin PLUS, Qin L, and Qin EV) totaled 732,000 units. BYD sales volume (Jan-Dec 2024)...

Market & Tech Reports  Updated at: 2025/02/18

sold during the full year (000 units) - Model Maker/Brand P/T 2024 2023 Y-o-Y 1 Model Y Tesla BEV 1,045 1,042 0.3% 2 Seagull BYD BEV 448 276 62.1% 3 Qin PLUS BYD BEV/PHV 442 456 -3.1% 4 Song PLUS BYD BEV/PHV 426 407 4.9% 5 Model 3 Tesla BEV 417 469 -11.2% 6 Qin L BYD PHV 284 - -% 7 Yuan PLUS/ ATTO 3 BYD BEV 281 342 -17.7% 8 Han BYD BEV/PHV 257 227 13.6% 9 Song PRO BYD PHV 245 203 20.6% 10 Chaser 05 BYD PHV 239 88 172.5% ...

Market & Tech Reports  Updated at: 2025/01/24

of charging industry through coordination between vehicles and charging stations Conference opening ceremony(Source: 2024 China Electric Vehicle Charging and Battery Swap Ecosystem Conference)   The 2024 China Electric Vehicle Charging and Battery Swap Ecosystem Conference was held in Taiyuan, Shanxi Province, November 20-22. The theme of the event was “New Landscape, New Future: Building a Smart Energy Ecosystem.” The conference w...

Market & Tech Reports  Updated at: 2025/01/14

r was the Seagull with 57,000 units sold. Second place goes to the Qin L with 51,000 units. The Song PLUS was in third place with 48,000 units sold. Overall, BYD sold 487,000 units, up 73.6% y/y.   BYD actively deployed models overseas with the launch of the Denza D9 in Thailand on November 6, the Yuan Pro in Mexico on November 7, and the Sealion 07 in Europe on November 14. In China, luxury models FangChengBao Bao 8, Yangwang U7, and Denza Z9 h...

Market & Tech Reports  Updated at: 2024/12/27

2023 Jan.-Oct. total Y-o-Y 1 Model Y Tesla BEV 82 69 17.9% 830 832 -0.2% 2 Seagull BYD BEV 54 43 24.8% 334 185 80.4% 3 Qin L BYD PHV 50 - -% 191 - -% 4 Song PLUS BYD BEV/PHV 47 40 18.5% 340 321 5.8% 5 Seal 06 BYD PHV 46 - -% 169 - -% 6 Qin Plus BYD BEV/PHV 36 41 -11.1% 365 370 -1.5% 7 Yuan PLUS/ ATTO 3 BYD BEV 32 36 -12.1% 221 277 -20.1% 8 Song L BYD BEV/PHV 32 - -% 139 - -% 9 Song PRO BYD BEV/PHV 31 23 36.8% 185 160 15.6% 10 ...

Market & Tech Reports  Updated at: 2024/11/26

esla BEV 49 26 87.8% 307 349 -12.2% 3 Seagull BYD BEV 43 40 8.0% 280 142 97.4% 4 Qin L BYD PHV 43 - -% 141 - -% 5 Seal 06 BYD PHV 42 - -% 123 - -% 6 Song PLUS BYD BEV/PHV 37 41 -8.2% 292 281 4.0% 7 Qin Plus BYD BEV/PHV 33 43 -24.4% 329 330 -0.3% 8 Song L BYD BEV/PHV 30 - -% 107 - -% 9 Yuan PLUS/ ATTO 3 BYD BEV/PHV 29 25 13.6% 189 241 -21.3% 10 Wuling Bingo/Binguo Wuling BEV 28 22 26.6% 95 126 -25.0% *Data adjustments have been ...

Market & Tech Reports  Updated at: 2024/10/28

92 100 -7.7% 647 671 -3.5% 2 Seal 06 BYD PHV 40 - -% 81 - -% 3 Qin L BYD PHV 40 - -% 98 - -% 4 Seagull BYD BEV 39 35 12.1% 236 102 132.6% 5 Model 3 Tesla BEV 36 43 -15.4% 257 323 -20.3% 6 Song PLUS BYD BEV/PHV 35 35 2.3% 255 241 6.1% 7 Qin Plus BYD BEV/PHV 30 43 -29.5% 296 287 3.3% 8 Yuan PLUS/ ATTO 3 BYD BEV 26 29 -8.3% 161 215 -25.4% 9 Song L BYD BEV/PHV 26 - -% 77 - -% 10 L6 Li Auto PHV 25 - -% 89 - -% *Data adjustments h...

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

r the Tang series, Song series, Dolphin series, and Seal series is China Automotive Systems. The system suppliers for the Frigate 07 series are China Automotive Systems and Nexteer. In 2023, Nexteer was the system supplier for the Song series and Seagull series. In 2024, the system supplier for the Yuan series, Han series, Dolphin series, Seal series, Qin series, Fangchengbao Leopard 5, and Yangwang U8 was FinDreams Technology Co., Ltd. The syste...

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

o a strategic alliance with local dealer Andor and plans to increase the number of dealerships to 12 by the end of 2024. New vehicle models The Song Plus DM-i, a PHEV, was introduced in July 2024. Suriname Market entry The first BYD showroom opened in August 2024. It released the Dolphin, Seal, Yuan Plus, and Song Plus. Planned construction of a passenger car plant in Brazil(light orange and dark orange areas are construction zones...

Market & Tech Reports  Updated at: 2024/09/17

uly 2023 July Y-o-Y 2024 Jan.-Jul. total 2023 Jan.-Jul. total Y-o-Y 1 Model Y Tesla BEV 75 64 16.8% 555 571 -2.7% 2 Qin Plus BYD BEV/PHV 40 42 -5.9% 266 244 9.1% 3 Qin L BYD PHV 33 - -% 58 - -% 4 Song PLUS BYD BEV/PHV 32 30 5.0% 220 206 6.7% 5 Seagull BYD BEV 32 28 13.9% 197 67 195.4% 6 Yuan PLUS/ ATTO 3 BYD BEV/PHV 30 29 3.8% 134 187 -28.1% 7 Model 3 Tesla BEV 28 33 -14.0% 222 280 -20.7% 8 Seal 06 BYD PHV 25 - -% 41 - -% 9 L6 L...

Market & Tech Reports  Updated at: 2024/08/29

fifth place, with a year-on-year sales increase of 10.6% to 1,174,000 units, was Changan Automobile. In recent years, the company has been actively developing brands such as Avatr, which is positioned as a high-end, emotional and smart EV brand, and UNI, a basic brand. In addition, the new brand Qiyuan, which was launched in the second half of 2023, performed well. In fifth place was Geely Holding Group (Geely Group), which jumped from seventh p...

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