Chinese Market H1 2024: New Vehicle Sales Exceed 14M Units, NEVs 4.9M BYD up 28.5% to 1.6M units, non-Chinese OEMs struggle, and exports increase Summary New vehicle sales in H1 2024 up 6.1% y/y to 14,045,000 units Sales by Group: SAIC's share is 12.7%, BYD 11.5%, and Geely in the top 5 Market share by vehicle type: SUVs at 45.0%, commercial vehicles steady Passenger car market: Chinese automakers have 62.5% share; BYD leading with 1,607,000 unit...

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

China Emerging EV Automakers: Li Auto, NIO, Leapmotor, XPeng, Hozon Auto Li Auto sales volume surpasses NIO; XPeng developing EVs with VW Summary Top 5 selling Chinese emerging EV OEMs in 2023 Li Auto: Releasing its first BEV model, aiming to sell 800,000 units in 2024 NIO: Announced 12 technology stacks, partnering with several OEMs in the battery swap business Leapmotor: Releases first global model, establishes joint venture with Stellantis XPe...

Market & Tech Reports  Updated at: 2024/04/24

European Market: EVs Reach 15% of New Vehicle Sales; Chinese BEVs Increase Expansion of EV battery production, acceptance of e-fuel engine vehicles Summary UK defers ban on sale of ICE vehicles from 2030 to 2035 National governments support EV battery production; OEMs conducting in-house development and production Factors hindering EVs from spread: New Euro 7, EU-UK rules of origin, and subsidies on China-built EVs EV sales increase by 54% y/y to...

Market & Tech Reports  Updated at: 2023/11/14

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

Analysis Report: Lithium-Ion Battery (China) Business trends of major suppliers List of Suppliers Introduction I. Market demand in China for NEV lithium-ion batteries II. Distribution of production capacity NEV lithium-ion battery suppliers III. Product structure and OEM matrix of major NEV lithium-ion battery companies IV. Emerging NEV lithium-ion battery manufacturers V. Status of Non-Chinese lithium-ion battery companies in China VI. Developme...

Market & Tech Reports  Updated at: 2023/06/23

Auto Shanghai 2023: Emerging EV Automakers Hozon Auto (Neta), NIO, Li Auto, Xpeng, Leapmotor, Human Horizons (HiPhi), Baidu Summary Hozon Auto: Launching the "Neta GT," a two-door, four-seater electric sports car NIO: Debut of the new ES6, a mid-size electric SUV Li Auto: Announces "Dual Capability Strategy" and unveils ultra-fast charging station with a maximum output of 615A Xpeng: Debut of the G6 mid-size electric coupe SUV Leapmotor: C11 mid-...

Market & Tech Reports  Updated at: 2023/05/08

Guangzhou Motor Show 2022: NEV Models from Chinese OEMs Geely, Great Wall, GAC Aion, Jidu, NIO, XPeng, and others Summary Geely Group: New compact EV, large electric MPV Great Wall Motor: Large SUV unveiled GAC Aion: High-end brand Hyper Rising Auto: Unveiled R7 from SAIC Group's EV brand BAIC Group: BJ60 and ARCFOX αS Chery: PHV from Jetour brand unveiled Jidu Auto: Debut of the ROBO-02 concept model NIO: All New es8 XPeng: G9 Li Auto: Flagsh...

Market & Tech Reports  Updated at: 2023/01/19

China Market H1 2022: Sales Down to 12.05 Million Units, but NEVs Up 2.2 Times to 2.6 Million Units BYD's sales increased to 647k units; BYD, Tesla, and SAIC-GM-Wuling were the top three NEV sellers Summary Sales in the first half of 2022 decreased 6.5% y/y to 12.05 million units Sales volume by group: SAIC leads with 2,182,000 units, GAC rises to fourth place, and BYD's sales volume increases by more than 2.5 times Market share by vehicle type: ...

Market & Tech Reports  Updated at: 2022/08/09

Chinese Market Q1 2022 (1): SAIC, FAW, BYD, etc. accelerate development in battery and energy fields GAC Aion expands production, Luxshare invests in Chery, NIO listed in Hong Kong Summary Government-affiliated finished vehicle manufacturers (Q1 2022) Trends of privately-owned finished vehicle manufacturers (Q1 2022) Emerging EV Manufacturers (Q1 2022)  According to an April 11, 2022 announcement by the China Association of Automotive Man...

Market & Tech Reports  Updated at: 2022/05/09

2021 H1 China market: New vehicle sales up to 12.88 million units, NEVs reach 1.21 million units Chinese automakers increase share; top selling NEV Hongguang MINIEV ranks in top three Summary Sales in the first half of 2021 increased by 25.9% y/y to 12.88 million units Sales volume by group: FAW and Changan steady as SAIC's market share drops below 20% Market share by vehicle type: SUVs continue to do well, trucks exceed 2 million units Passenger...

Market & Tech Reports  Updated at: 2021/08/17