e by group, BYD continued to hold the top spot, followed by the SAIC Group in second place and Geely, which overtook the China FAW Group to move up to third place.   Chinese brands in the passenger car market maintained positive growth, with sales volume increasing 16.8% year-over-year (y/y) to 21.117 million units and market share surpassing 70%. BYD maintained its lead despite a slight slowdown in growth, while Geely leapt into second place. C...

Market & Tech Reports  Updated at: 2026/02/19

open and available for use to the industry. On December 20, Geely's Yunnan plateau test facility was inaugurated. On December 22, the company officially completed the required transactions for the privatization and merger of Zeekr Intelligent Technology Holding Limited (Zeekr). Chery   On October 11, Chery, through its subsidiary Anhui Luxeed New Energy Vehicle Co., Ltd. established Shanghai Luxeed Intelligent Mobility Automotive Technology Co....

Market & Tech Reports  Updated at: 2026/02/09

le manufacturers’ booths   From November 29 to December 10, 2025, Thailand hosted the 42nd Thailand International Motor Expo under the theme “The Magnificent Motor Expo” (Press/VIP Day: November 28).   The show featured a wide lineup of international automotive brands, including Aion, Audi, AVATR, BMW, BYD, Chery, Deepal, Denza, DFSK, Farizon, Ford, GAC, Geely, Geely Riddara, GWM, Honda, Hyptec, Hyundai, Isuzu, Jeep, Kia, Leapmotor, Lexus...

Market & Tech Reports  Updated at: 2026/01/27

Thailand International Motor Expo 2025 (1) Chinese Manufacturers Changan, BYD, Chery, DFSK, GAC, Geely, GWM, Leapmotor, SAIC, XPeng Summary Changan: Premium SUV "AVATR 07," "DEEPAL S05 Max Long Range" BYD: Off-road SUV "Denza B5," Urban SUV "BYD TI7" Chery: Electric SUV "Chery V23 Retrocube Edition," 7-seater SUV "TIGGO 8 CSH PHEV" Omoda & Jaecoo: Multi-purpose SUV "Jaecoo 6T EV," Humanoid Robot "Mornine" DFSK (Seres Group): Mid-size SUV "E5 Plus...

Market & Tech Reports  Updated at: 2026/01/16

arter.  * Sales data for Thailand, Malaysia and Vietnam include revisions from past periods. 2025 Q3 ASEAN Countries Sales Comparison (units) Country Sep. 2025 Sep. 2024 Y-o-Y Jul.-Sep.2025 Jul.-Sep.2024 Y-o-Y Jan.-Sep.2025 Jan.-Sep.2024 Y-o-Y Thailand 48,350 39,048 23.8% 145,074 130,632 11.1% 447,969 438,659 2.1% Indonesia 62,071 73,108 -15.1% 184,726 223,640 -17.4% 561,819 633,660 -11.3% Malaysia 58,490 58,351 0.2% 204,432 204,43...

Market & Tech Reports  Updated at: 2025/11/25

, and it is required that these systems function safely without malfunction or failure, and that automobiles be able to be driven safely. To achieve this, the concept of functional safety was introduced to the automotive industry with the parent standard IEC 61508. ISO 26262, which was adopted in 2011, is an adaptation of the international IEC 61508 functional safety standard for the automotive industry, entitled “Road vehicles – Functional s...

Market & Tech Reports  Updated at: 2025/11/18

Chinese market : Chinese OEMs take 70% share as foreign OEMs struggle GlobalData Production Forecast: Evolution of Chinese Market, Shift to Sustainable Growth Summary GlobalData Production Forecast: China's light vehicle production will remain at 31 million units in 2028 First-half 2025 sales volume up by 11.4% to 15.65 million units; targeting 32.3 million units for the full year Passenger car market: Chinese OEMs have nearly 70% share, Japanese...

Market & Tech Reports  Updated at: 2025/11/14

nounced on October 14, 2025, that vehicle sales volumes in China showed a 12.9% year-over-year (y/y) increase to 24.363 million units during the January to September period of 2025. Of these, sales of passenger cars increased 13.7% y/y to 21.246 million units, commercial vehicles grew 7.8% y/y to 3.117 million units, and New Energy Vehicles (NEVs: BEVs, PHEVs, FECVs) were up 34.9% y/y to 11.228 million units, with NEVs accounting for 46.1% of new...

Market & Tech Reports  Updated at: 2025/11/11

(PHEV), and BEVs, but these parts are excluded from the scope of this report. The target markets are Europe, the U.S., and China, where BEV sales are growing, while information on Japan is for reference only.   According to the MarkLines survey, annual BEV sales in 2024 in a total of 14 countries (11 major countries and the three Nordic countries of Norway, Sweden, and Finland) were up 10.2% from the previous year to 10.3 million units. BEV sale...

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

21 41% 33% Mar. 2024 35 85 26% 29% Feb. 2024 18 50 -18% 32% Jan. 2024 32 32 100% 100% Dec. 2023 48 388 33% 32% Dec. 2022 36 295 38% 91% Dec. 2021 26 155 102% 143% Dec. 2020 13 64 36% 2%   According to MarkLines statistics, in 2024, NEV sales in the Chinese market grew 39.7% y/y to 11.044 million units, while total global NEVs (including BEVs, PHVs, and FCVs) sales for the same period grew 24.2% y/y to 15.229 million units. In 20...

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

21-inch wheels ispired by the moon, a closed face design, flush door handles, an integrated body and smooth body lines. In addition, the front face is equipped with a 2,210mm long LED tape light that extends horizontally. The AI smart taillights, the largest in the full-size SUV class, can display 11 different messages. The interior features Huawei's Harmony cockpit, with six linked displays and seating for five or six people. The vehicle is e...

Market & Tech Reports  Updated at: 2025/05/20

totaled 2.190 million units, hitting a new monthly high and up 10.7% y/y. Specifically, wholesale volumes of domestic OEMs totaled 1.54 million units, up 23% y/y; wholesale volumes of mainstream joint venture OEMs totaled 438,000 units, down 6% y/y; and wholesale volumes of luxury vehicles totaled 211,000 units, down 20% y/y. Production Passenger car production totaled 2.230 million units in April, up 11.2% y/y. Specifically, production of luxury...

Market & Tech Reports  Updated at: 2025/05/14

9 units in 2024, about 1.5 times the 2023 level. The total number of electrified vehicles (xEVs) sold, including BEVs, PHVs, and HVs, was 207,646, and the share of electric vehicles among all vehicles increased from 20.7% in 2023 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 A...

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

in Thailand from March 26 to April 6, 2025, under the theme "The Talk of Sensuous Automotive." Press Day and VIP Day were scheduled for March 24-25.   This year'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, Ne...

Market & Tech Reports  Updated at: 2025/05/08

in Thailand from March 26 to April 6, 2025, under the theme "The Talk of Sensuous Automotive." Press Day and VIP Day were scheduled for March 24-25.   This year'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, Ne...

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

ess model remains the same and Yinwang will continue to receive support from Huawei. In addition, Yinwang will continue to use its two core brands, the Qiankun driver assistance system and Harmony cockpit. On January 1, 2025, Yinwang officially began operations. Huawei will hold an 80% stake, while Avatr Technology Co., Ltd. (Avatr Technology), a subsidiary of Changan Automobile Co., Ltd. (Changan), and Seres, both of which have deep alliances wi...

Market & Tech Reports  Updated at: 2025/04/16

mes of local OEMs totaled 1.58 million units, up 22% y/y; wholesale volumes of mainstream joint venture OEMs totaled 550,000 units, down 6% y/y; and wholesale volumes of luxury vehicles totaled 280,000 units, down 16% y/y. Production Passenger car production totaled 2.481 million units in March, up 11.5% y/y. Specifically, production of luxury brands fell 15% y/y; production of joint venture brands fell 1% y/y; and production of local brands grew...

Market & Tech Reports  Updated at: 2025/04/11

(Mar. 2023)   Changan is promoting its "13335" 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 As...

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

in the lead, having sold 4.25 million units, up 41.1% over the previous year. On the other hand, sales of German-affiliated OEMs were down 10.8% to 4.013 million units, with all three German automakers reporting a year-over-year (y/y) decline. Japanese-affiliated OEMs saw their market share drop to 11.5% with 3.158 million units sold, down 18.7% from the previous year. U.S. automakers saw a 23.7% y/y decline to 1.774 million units, with GM's dro...

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

Alibaba Cloud in the areas of AI large-scale modeling and cloud computing. Z-ONE Technology Co., Ltd., a subsidiary of the SAIC Group, has established a joint laboratory for intelligent driving technology innovation with Tongji University. The FAW Hongqi brand announced a new intelligent platform. Avatr Technology Co., Ltd. (Avatr), a subsidiary of Changan Automobile, will comprehensively deepen its strategic alliance with Huawei Technologies Co...

Market & Tech Reports  Updated at: 2025/01/28