egy.   Related reports:Mexico: Chinese vehicles account for 30% of imports and 20% of sales (Jun. 2024) Business Trends of Chinese Parts Suppliers in Mexico (May. 2024)Chinese OEM Overseas Expansion Activities: SAIC, Chery, Dongfeng, Changan (Jun. 2023)Chinese OEM Overseas Expansion Activities: BYD, Geely, Great Wall, NIO, Xpeng (Apr. 2023)   Mexico's light vehicle sales and imports(Source: Created by MarkLines based on INEGI data) ...

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

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

BYD: Sales Leader in Chinese Market, Accelerating Overseas Expansion 2024 sales volume 9 times higher than 2019 Summary 2024 Sales: Top in China with 4.272 million units, up 41.3% y/y; most are D-segment vehicles Product trends: Expansion of models and accelerating overseas expansion of each brand Core technologies: Promoting BEVs and PHVs, and deepening development capabilities for electrification and smart vehicles Manufacturing sites: Expanded...

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

Chinese OEM Overseas Expansion Activities: BYD, Geely BYD to build plants in Brazil, Hungary, etc.; Geely export target for 2024 is 380K units Summary China exports: Export volume in H1 of 2024 increased 30.5% y/y BYD: Building plants in Brazil, Hungary, etc.; NEV plant starts operation in Thailand; first pickup truck debuts in Mexico Geely: Export target for 2024 set at 380K units, accelerating global expansion of the Zeekr brand BYD's car...

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

ASEAN (1) EV Promotion Policies; Increasing Entry of Chinese OEMs Thailand: BYD and Wuling begin EV production, Indonesia: Hyundai and LGES build JV battery plant Summary Electrification policies and EV launch plans of ASEAN countries (Overview) Introducing EVs to the ASEAN market and building manufacturing sites Thailand's electrification policy: New EV preferential policies to be implemented from 2024 to 2027 Indonesia's electrification policie...

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

GAIKINDO Indonesia International Auto Show 2024 Emerging forces such as Chinese manufacturers, Hyundai, and VinFast are on the rise Summary BYD: Debut of the “M6”, an MPV-type EV Wuling: Locally produced flagship models A, B, C (Air ev, Binguo EV, Cloud EV) GAC Aion: Debut of the Hyptec HT and Aion ES Chery Automobile: iCAR 03, an off-road SUV EV Great Wall Motor (GWM): Launches new models Haval Jolion and Tank 300 Dongfeng (DFSK)/SERES: Sell...

Market & Tech Reports  Updated at: 2024/08/30

was 7.7%, down 0.1 points from June. Cumulative HV sales for the January to July period increased 15.1% y/y to 2.706 million units, accounting for 7.8% of total vehicle sales volume.   Thailand is actively attracting EV manufacturers, and Chinese manufacturers are increasingly entering the market. BYD announced on July 5th, followed by GAC Aion on the 17th, that they would each start operations at plants in Thailand. In addition, new models in t...

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

Indonesia: BYD, MG, Great Wall, Chery and VinFast entering EV market Tax incentives to continue, utilizing nickel to build EV ecosystem Summary Electrification policy: Tax incentives for EVs to continue in 2024 EV sales in Indonesia: 2023 sales increase 40% to 17,000 units Utilizing nickel ore to make Indonesia EV battery production hub Mitsubishi, Hyundai to increase production capacity, Citroen, BYD, Neta to start local manufacturing 2023 sales...

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

Chinese Market 2023: Sales Exceed 30m; BYD Dominates NEV Market Chinese OEM market share nears 60%, exports at 5.22m record high Summary Forecast sales volume exceeded 30 million units for the first time in 2023, expected to exceed 31 million units in 2024 2023 sales volume by group: BYD jumps to 3rd place, Dongfeng moves out of 5th place Passenger car market in 2023: Chinese automakers capture a share of nearly 60%, with BYD at the top with over...

Market & Tech Reports  Updated at: 2024/03/06

duction to grow by 4.5% (+181k units) on account of fewer disruptions and increased demand. However, the UAW strike in North America that lasted 41 days temporarily halted production at the Michigan Assembly, Chicago, and Kentucky Truck plants, resulting in a loss of nearly 61k units of production. BYD AutoBYD has reportedly picked Hungary as the destination for its new European base to assemble BEVs starting in the second half of this decade. Wh...

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

BYD: Launch of “Yangwang” and “Fangchengbao” brands Core NEV technologies developed in-house, production capacity in China raised to 4.8M units Summary Announced “Yangwang” and “Fangchengbao” brands, expanding product lineup Core technologies: Off-road super PHV platform, four-wheel independent architecture, intelligent vehicle control system, etc. Vertically integrated production system: Establish core technology and secure suppl...

Market & Tech Reports  Updated at: 2023/12/28

Thailand International Motor Expo 2023 (1) BEVs from Chinese OEMs, Tesla, Hyundai, European OEMs Summary Neta: NETA V electric city EV, NETA GT Speedster, NETA GT, NETA X Great Wall Motor: ORA 07 BEV, TANK 300 HEV Changan: Deepal L07, Deepal S07 GAC AION: AION Y Plus 490 Premium, AION ES SAIC Motor - MG Cyberster, IM LS 6 BEVs Wuling: Air EV, Baojun Yep, Mini EV Convertible BYD: Yangwang U8, Denza N7 Tesla: Model 3 Long Range and Model Y Perform...

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

er 2023 are as follows.   Electric Vehicle (BEV/PHV/FCV) - Top 10 best selling models (000 units) - Model Maker/Brand 2023 November 2022 November Y-o-Y 2023 Jan.-Nov.total 2022 Jan.-Nov.total Y-o-Y 1 Model Y Tesla 95 90 5.6% 941 613 53.5% 2 Model 3 Tesla 47 42 11.9% 424 388 9.3% 3 Seagull BYD 44 - -% 229 - -% 4 Qin Plus BYD 41 25 64.0% 411 292 40.8% 5 Song PLUS BYD 39 - -% 361 - -% 6 Yuan PLUS/ ATTO 3 BYD 33 20 65.0% 292 146 100.0...

Market & Tech Reports  Updated at: 2023/12/26

Japan Mobility Show 2023: Electrification Technologies (1) Electric powertrains (e-Axle, motors, inverters) Summary e-Axle (BYD, Foxconn, Hino, Aisin, Valeo, Bosch) Motors, inverters (Hitachi Astemo, MAHLE, Denso, THK, NPR-Riken)   The Japan Mobility Show 2023, organized by the Japan Automobile Manufacturers Association (JAMA), was held at the Tokyo Big Sight convention and exhibition center (open to press from October 25, general public from Oc...

Market & Tech Reports  Updated at: 2023/11/17

The top 10 sales by model for September 2023 are as follows.   Electric Vehicle (BEV/PHV/FCV) - Top 10 best selling models (000 units) - Model Maker/Brand 2023 September 2022 September Y-o-Y 2023 Jan.-Sep.total 2022 Jan.-Sep.total Y-o-Y 1 Model Y Tesla 96 93 3.23% 779 484 61.0% 2 Song PLUS BYD 41 - -% 281 - -% 3 Seagull BYD 40 - -% 142 - -% 4 Qin Plus DM-i BYD 31 24 29.17% 240 150 60.0% 5 Aion Y GAC Aion 27 13 107.69% 155 81 91.4% ...

Market & Tech Reports  Updated at: 2023/10/25

IAA Mobility 2023: EVs from Chinese OEMs BYD, Leapmotor, MG, Seres, Forthing, XPeng, Avatr Summary BYD: Prominent Chinese NEV maker ready for Europe Leapmotor: Premiere of the C10, and exhibition of models for China MG Motor: Cyberster official debut and electric SUVs for Europe Seres: Expanding its presence abroad with three EVs Forthing (Dongfeng): All-new U-Tour V9 Minivan unveiled at the IAA XPeng: Expanding in Europe, focus on the German mar...

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

TECHNO-FRONTIER 2023: BYD SEAL and other BEV tear-down exhibitions LiveWire electric motorcycle, NIO and Wuling BEVs, Citroen micro EV Summary Four-wheel BEV disassembly exhibit: BYD Seal Motorcycle BEV teardown exhibits: LiveWire ONE, TC Wanderer, D-air (electric kickboard) Personal EV exhibits: Apatech Motors Ohkuma Car (Air EV, Ohkuma Car, KiWi EV), KG Motors Minimum mobility Citroen AMI actual car display NIO-ES8 vehicle exhibit and reverse e...

Market & Tech Reports  Updated at: 2023/08/28

China Market H1 2023: New Vehicle Sales at 13.24 Million, NEV Sales Up 44.1% to 3.747 Million BYD up 94.2% to 1.256 million; Japanese automakers slumping, Chinese exports growing Summary New vehicle sales in H1 2023 up 9.9% y/y to 13.24 million units Sales by Group: SAIC's share fell to about 15%, while BYD rose to third place with a 94.2% sales increase Market share by vehicle type: SUVs at 42.8%, MPVs share rising Passenger car market: Chinese ...

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

cuses on the electrification policies of ASEAN countries, EV launch and production plans, and EV battery manufacturing plans. In the second part, "ASEAN (Part 2)," the focus of the report will be on production, exports, and sales in the ASEAN market, as well as sales forecasts by GlobalData. BYD's “Dolphin” subcompact hatchback EV (pre-orders in Thailand started in March 2023) VinFast's “VF 3” compact electric SUV (scheduled to beg...

Market & Tech Reports  Updated at: 2023/08/16

Auto Shanghai 2023: BYD, Great Wall Motor BYD unveils the Yangwang brand; Great Wall holds world premiere of WEY brand NEV flagship MPV Summary BYD: Unveils the Yangwang brand and Ocean series models Chaser 07 and Seagull Great Wall Motor: Showcasing NEVs of all brands; intelligent four-wheel-drive hybrid technology in many models Auto Shanghai 2023 The 20th Shanghai International Automobile Industry Exhibition (Auto Shanghai 2023) open...

Market & Tech Reports  Updated at: 2023/05/12