s light vehicle sales in 2027 will be 3.02 million units   According to MarkLines data, although SAIC Motor Corporation Limited (SAIC Group)'s 2023 sales volume (factory shipments in China) fell 5.4% year-over-year (y/y) to 4,912,000 units, it is the top Chinese automaker. Of this volume, 2,624,000 vehicles were SAIC Groups’s own-brands, 2,288,000 were foreign brands, and 613,000 were commercial vehicles. Passenger cars accounted for 4,...

Market & Tech Reports  Updated at: 2024/03/25

ment in development as a percentage of operating revenue continues to rise SAIC Group's sales volume in China (ex-factory) LMC Automotive’s Production Forecast: SAIC Group’s light vehicle production in 2025 will be 2.77 million units   SAIC Motor Corporation Limited (SAIC Group) sold 5,365,000 vehicles in 2021, ranking first among China's automaker groups. Of these, 669,000 were commercial vehicles, 4,696,000 were passenger cars, and ...

Market & Tech Reports  Updated at: 2023/01/17

batteries for NEVs   In 2021, Chinese lithium-ion battery production grew 143% year-over-year (y/y) to 155.42GWh, far exceeding the growth rate of battery production over the past few years and reaching a record high.   Lithium-ion battery production in 2017-2018 had a high growth rate of 30% to 63%, but the growth rate in 2019-2020 was sluggish at around 7%, seriously damaging the battery supply chain in 2020. Lithium mining companies oversea...

Market & Tech Reports  Updated at: 2022/05/19

nits   According to sales volume data released by SAIC Motor Corporation Limited (hereinafter referred to as the "SAIC Group"), its sales volume has been on a downward trend in recent years, but the domestic and overseas sales of NEVs has increased significantly. In 2020, the company sold 5.6 million finished vehicles, of which 320,000 were NEVs and 390,000 exports, making it the top producer of both NEVs and finished vehicles for export ...

Market & Tech Reports  Updated at: 2022/01/13

tery / Envision AESC Group / A123 Systems / Deutsche Accumotive / Automotive Cells Company / BlueOvaiSK / Funeng Technology / Farasis Energy / Gotion High-Tec / Northvolt / QuantumScape / SES (Solid Energy Systems) / Solid Power / Ultium Cells / Verkor This report is for customer members only. 26 pages remaining.Read more at no cost for a limited time by registering for a free trial.   This report covers lithium-ion batteries (LiB) as a powe...

Market & Tech Reports  Updated at: 2021/12/06

. SAIC Motor Corporation Limited topped the list with 323,000 units, and Great Wall Motor Company Limited was fifth with 70,000 units. In addition, exports of finished vehicles in the January to May period of 2021 were strong, increasing by 99.7% y/y to 753,000 units, with an export value of CNY 11.64 billion.   “Internationalization”, one of China's national strategies, is accelerating, especially among major Chinese automakers. This report...

Market & Tech Reports  Updated at: 2021/06/30

del from the BEIJING brand, centering on the NEV models of BAIC and BJEV (Beijing Electric Vehicle Co., Ltd.). The company also unveiled the ARCFOX αT, an EV from its joint venture with Magna. The SAIC Group unveiled a variety of NEV models, including EVs, PHVs and FCVs, and showed off the MG and Maxus models that are now being deployed to global markets. China FAW, whose long-established Hongqi brand is doing well, announced that it will disp...

Market & Tech Reports  Updated at: 2020/11/02

Major Chinese OEMs: March & April 2020 recovery centered on commercial vehicle sales BYD with Toyota & Hino, Renault focus on EVs & LCVs, SAIC & Geely new brands Summary Major Chinese OEM activities in March and April Production and sales (factory shipments) of major Chinese OEMs, January through March, 2020 2020 sales plans of major Chinese automakers (after March 26)   The production volume of motor vehicles in China in the January through Mar...

Market & Tech Reports  Updated at: 2020/05/21