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Mexico (1) Sales grow fourth consecutive year in 2024, but growth slows
in Mexico. This means that one in five vehicles sold in Mexico in 2024 was produced in China. By brand, SAIC-GM had the largest number of vehicles, at 132,000 units, accounting for 43.5% of imported vehicles from China in 2024, followed by SAIC Motor Corporation Limited (SAIC Motor), which sells MG brand vehicles, at 19.9%, Chery Automobile, which has brands such as Chery and Omoda, at 9.9%, and Hyundai Group's Kia brand at 9.0%. The United...
Market & Tech Reports Updated at: 2025/04/30
Chinese OEM Overseas Expansion Activities: SAIC, Great Wall Motor
a KD plant in Pakistan. It has also established more than 100 parts production/R&D sites and a sales/service network of more than 2,800 outlets (from SAIC’s official website in 2024). The company plans to launch 14 new smart EV global models by 2025. Building on the experience gained from the hit MG4 EV, the company plans to focus on research and development of global models, eventually covering more than 100 countries and regions worldwide. ...
Market & Tech Reports Updated at: 2024/12/20
ASEAN (1) EV Promotion Policies; Increasing Entry of Chinese OEMs
(Aug. 2024) GAIKINDO Indonesia International Auto Show 2024 (Aug. 2024) Bangkok International Motor Show 2024 (3) VinFast, European OEMs (Apr. 2024)Bangkok International Motor Show 2024 (2) Japanese OEMs (Apr. 2024) Bangkok International Motor Show 2024 (1) Chinese OEMs (Apr. 2024) Indonesia: BYD, MG, Great Wall, Chery and VinFast entering EV market (Apr. 2024) Thailand: Chinese OEMs to build EV production facilities (Mar. 2024) ASEAN (2): Produ...
Market & Tech Reports Updated at: 2024/09/04
ASEAN Vehicle Sales and Production Update (Q1 2024)
this ASEAN report will be released every quarter. Related reports: Bangkok International Motor Show 2024 (3) VinFast, European OEMs (Apr. 2024) Bangkok International Motor Show 2024 (2) Japanese OEMs (Apr. 2024) Bangkok International Motor Show 2024 (1) Chinese OEMs (Apr. 2024) Indonesia: BYD, MG, Great Wall, Chery and VinFast entering EV market (Apr. 2024) Thailand: Chinese OEMs to build EV production facilities (Mar. 2024) ASEAN Vehicle Sa...
Market & Tech Reports Updated at: 2024/05/14
Indonesia: BYD, MG, Great Wall, Chery and VinFast entering EV market
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
SAIC: 3.5M NEV Sales by 2025, Launching 14 New Smart EV Models Overseas
NEVs in 2025; semi-solid-state batteries to be installed in 2024 Intelligent technologies: Accelerate implementation of automated driving commercialization, promote IM Motors’ AI for Mobility strategy Internationalization: Targeting sales of over 1.2 million units outside China in 2023 and global MG sales of 1 million units in 2024 SAIC Group sales volume in China (factory shipment volume) GlobalData Sales Forecast: SAIC Group’s light vehicle...
Market & Tech Reports Updated at: 2024/03/25
Bharat Mobility Global Expo 2024 (1) EVs and Passenger Vehicles in India
on efforts in India Tata Motors: Nexon iCNG Concept, acti.ev electric architecture based Punch.ev Mahinda & Mahindra: Flex Fuel Vehicle prototype, BE.RALL-E electric SUV concept Toyota: Innova HyCross flex fuel prototype, Lexus ES 300h and UX 300e Kia: Luxury electric EV6, X-Line variants of Carens MG Motor: ZS EV and electric vehicle lineup, hydrogen fuel storage tank, high voltage battery pack VW Group: Latest models from Škoda, Volkswagen, Au...
Market & Tech Reports Updated at: 2024/03/08
Chinese Market 2023: Sales Exceed 30m; BYD Dominates NEV Market
ry GAC Toyota 249.8 229.2 10 Han BYD 274.0 228.4 SUVs Model name Manufacturer 2022 (000s units) 2023 (000s units) 1 Model Y Tesla (Shanghai) 455.1 646.8 2 Song BYD 481.6 640.6 3 Yuan BYD 229.0 428.6 4 Haval H6 Great Wall Motor 288.1 273.3 5 CS75 Chongqing Changan 237.6 253.6 6 MG ZS SUV SAIC Passenger Vehicle 174.9 251.3 7 Tiggo 7 Chery Automobile 153.8 236.5 8 Aion Y GAC Aion 119.7 228.6 9 CR-V Dongfeng Honda 229.5 21...
Market & Tech Reports Updated at: 2024/03/06
Indian OEMs Investment and Future Plans (2)
Indian OEMs Investment and Future Plans (2) Japanese and European carmakers increase their presence in growing Indian market Summary Toyota Kirloskar Motor Honda Cars India Nissan Motor India Renault India Skoda Auto Volkswagen India Citroen - Stellantis Group MG Motor - SAIC BYD India Luxury car manufactures: Volvo Cars, Jaguar Land Rover, Jeep, Audi, BMW, Mercedes-Benz In the last two years, Indian OEMs have started to focus on electric mobi...
Market & Tech Reports Updated at: 2023/12/28
Thailand International Motor Expo 2023 (1)
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
Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (October 2023)
slightly by 1.8 points m/m to 37.8%, while Germany (24.7%), in fifth place, saw its share of electric vehicle sales temporarily drop in September due to changes in the content of the environmental bonus, but EV sales turned around, increasing in October due to strong sales of the Skoda Enyaq iV and MG MG4. The MG4 of the SAIC Group is a China-produced model, and around 10,000 units are exported from China each month. In addition to the MG4, th...
Market & Tech Reports Updated at: 2023/11/27
Indian passenger car sales rank third globally in 2022
in India Tata Motors Nexon EV MAX (Source: Tata Motors) In 2022, India registered battery-electric vehicle sales of around 43,000 units, which is around 1% of total vehicle sales in India. Tata Motors is the largest electric vehicle OEM in India for passenger cars. Besides Tata Motors, MG Motors, Hyundai, Mahindra, and Kia are other major OEMs for electric vehicles. OEM Models EV Sales in 2022(units) Tata Motors Tiago.evTigor.e...
Market & Tech Reports Updated at: 2023/09/19
China Market H1 2023: New Vehicle Sales at 13.24 Million, NEV Sales Up 44.1% to 3.747 Million
ngqing Changan 88.1 92.4 10 New Passat (NMS) SAIC SAIC VW 87.4 91.6 SUVs Model name Corporate group Manufacturer 2022Jan-Jun(000s units) 2023Jan-Jun(000s units) 1 Model Y Tesla Tesla (Shanghai) 179.0 316.6 2 Song DM/Song PLUS DM BYD BYD 131.0 229.9 3 Yuan PLUS BYD BYD 54.8 197.8 4 MG ZS SUV SAIC SAIC Passenger Vehicle 54.5 126.5 5 Haval H6 Great Wall Motor Great Wall Motor 136.9 116.8 6 CS75 Changan Chongqing Changan 117.4 1...
Market & Tech Reports Updated at: 2023/08/21
EV Charging Technology and Infrastructure Development in India
ge and Drive IndiaHyundaiOla Maharashtra State Electricity Distribution Co. Ltd PSU 112 NA Rajasthan Electronics and Instruments Limited PSU 174 HPCLIOCLBPCLOkaya Power Ather Private 93 Magenta ChargeGrid Bolt Private 1,723 Hero ElectricPark+REVOS Fortum Charge and Drive India Private 100 MG Motors Exicom Private 2 HyundaiKiaAudiVolvoJio-bpFortumTata Motors Kazam Private 502 BSES Yamuna Power Limited REVOS Private 1,228 Bolt Tat...
Market & Tech Reports Updated at: 2023/07/28
Chinese OEM Overseas Expansion Activities: SAIC, Chery, Dongfeng, Changan
after year, and the company has been the top among domestic automakers in China for seven consecutive years. According to MarkLines data, 2022 saw a 48.5% increase over the previous year to 824,000 units. In Europe, the company achieved the "100,000 unit level" for the first time. Its subsidiaries MG, SAIC-GM-Wuling, and SAIC Maxus have announced multiple global EV (electric vehicle) models and are promoting electrification. Chery Automobile ...
Market & Tech Reports Updated at: 2023/06/19
2022 Chinese Market: New Vehicle Sales Up 2.2% to 26,864,000 units, Major Increases by BYD and Tesla
the top three Chinese-affiliated Groups, which were the same as in 2021, all fell below the previous year's level. The top automaker, Shanghai Automotive Industry (Group) Corporation (SAIC Group), had a year-on-year decline of 3.2% to 5,192,000 units. Sales of SAIC Passenger Vehicle, which operates MG and Roewe, and SAIC-VW were strong, but sales of SAIC-GM's Buick and Cadillac brand vehicles were sluggish. In second place was China FAW Group (FA...
Market & Tech Reports Updated at: 2023/02/14
SAIC: Cultivating Global Markets, Focusing on Hydrogen Fuel Cell Vehicles
SAIC: Cultivating Global Markets, Focusing on Hydrogen Fuel Cell Vehicles MG's and Wuling's first global NEVs, SAIC GM invests CNY 70 B for EVs Summary Electrification/Connected: Promote industrialization of fuel cell vehicles and increase the proportion of NEV sales to 40% by 2025 Internationalization: China's top exporter of finished vehicles, further expanding overseas with BEV global models Own-brands: More than half of sales, focusing on bat...
Market & Tech Reports Updated at: 2023/01/17
Thailand International Motor Expo 2022 (1): It's time…Come touch the future
Thailand International Motor Expo 2022 (1): It's time…Come touch the future EVs from Chinese, Thai and European manufacturers Summary BYD: ATTO 3 premium electric SUV, and extensive EV lineup for Thai market Great Wall Motor: ORA Grand Cat premium electric coupe, HAVAL H6 and TANK 500 hybrid SUVs MG (SAIC): MG4 Electric, the 3rd BEV model in Thailand NETA (Hozon): Neta V electric SUV VOLT (Dongfeng Sokon): VOLT City electric hatchback MINE (Ene...
Market & Tech Reports Updated at: 2022/12/21
Thailand: EV subsidies and tax incentives, Chinese OEMs launching budget EVs
uipped with a 60.49 kWh Blade LFP (lithium ferro-phosphate) battery, and offers a range of 420 km in the WLTP mode. The 0%-80% charging on the CCS-type DC fast charger takes 45 minutes. It is priced at THB 1,459,000 (After deduction of government subsidies, it will be THB 1,199,900.) SAIC Motor-CPMG4 The MG4’s booking started in November 2022. This C-segment hatchback EV sits on SAIC Nebula platform. DFSKVolt City EV This compact hatchback ...
Market & Tech Reports Updated at: 2022/12/12
Indian Market Transitioning Towards Electric Mobility
ernment of Gujarat to support setting up a “Registered Vehicle Scrapping Facility” (RVSF) in Ahmedabad Renault India ・ It launched the ‘R.E.Li.V.E’ Program in partnership with CERO Recycling (A joint venture between Mahindra Intertrade Ltd. and MSTC - a government of India enterprise) MG Motor ・ It partnered with Attero for reusing and recycling the Li-ion batteries of EVs in India after their end-of-life.・ It partnered with TES...
Market & Tech Reports Updated at: 2022/07/12