shipments.   (4) Major customers Rank Major customers 2020 2021 2022 2023 2024 1 Tesla 5.7% 20.6% 18.1% 16.7% 24.5% 2 Geely 5.0% 5.6% 10.6% 4.9% 9.7% 3 Li Auto 4.7% 7.5% 6.5% 7.5% 8.4% 4 SERES - - 3.3% 3.6% 8.1% 5 Changan 0.7% 3.7% 7.7% 7.6% 6.8% 6 Chery 0.8% 0.5% 1.3% 0.3% 5.8% 7 Xiaomi - - - - 4.9% 8 NIO 8.4% 7.7% 5.2% 3.1% 4.8% 9 SAIC VW 4.6% 4.4% 4.1% 3.9% 3.6% 10 FAW 1.3% 0.7% 1.2% 2.2% 2.7% 11 SAIC 1.8% 1.4% 2.8% 2...

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

as follows: Rank Model name Brand Segment Sales volume (thousands units) 1 Model Y Tesla SUV (D segment) 204.8 2 Model 3 Tesla D 121.1 3 Wuling Hongguang MINI EV GM Group (Wuling) A 101.7 4 Seagull BYD Auto Co., Ltd. (BYD) A 98.5 5 Geely Xingyuan Geely Holding Group (Geely) B 89.2 6 Xiaomi SU7 Xiaomi Corporation D 75.9 7 XPeng Mona M03 Guangzhou Xiaopeng Motors Technology Co., Ltd. (XPeng) D 47.1 8 Yuan UP BYD Auto Co., Ltd. (...

Market & Tech Reports  Updated at: 2025/06/02

n.-Apr. total 2023 Jan.-Apr. total Y-o-Y 1 Seagull BYD BEV 48 31 56.5% 154 97 59.1% 2 Model Y Tesla BEV 48 65 -25.3% 237 300 -20.9% 3 Wuling Hongguang MINI EV Wuling BEV 36 12 201.2% 138 41 232.9% 4 Xingyuan Geely BEV 36 - -% 125 - -% 5 Song PLUS BYD BEV/PHV 36 40 -10.3% 135 109 23.7% 6 SU7 Xiaomi BEV 29 6 378.0% 104 10 945.1% 7 Qin L BYD PHV 25 - -% 87 - -% 8 Wuling Bingo/Binguo Wuling BEV 25 8 205.3% 50 20 150.5% 9 Model 3 Tes...

Market & Tech Reports  Updated at: 2025/05/26

19.7% 2 Model 3 Tesla BEV 53 36 47.7% 109 96 13.5% 3 Hongguang MINI EV Wuling BEV 42 10 329.1% 102 29 245.9% 4 Song PLUS BYD BEV/PHV 39 36 8.8% 99 69 43.1% 5 Qin Plus BYD BEV/PHV 33 40 -17.1% 75 77 -2.4% 6 Xingyuan Geely BEV 32 - -% 89 - -% 7 Seagull BYD BEV 31 25 23.8% 105 66 60.2% 8 SU7 Xiaomi BEV 29 4 628.4% 76 4 1789.6% 9 Qin L BYD PHV 25 - -% 62 - -% 10 Song Pro BYD PHV 24 28 -15.5% 56 56 1.4% *Data adjustments have been...

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

cquired Chongqing Lifan, and Leapmotor acquired New Forta Automobile. In addition to this, NIO acquired an independent production qualification in December 2023, and also acquired production facilities and assets from JAC for its First Manufacturing Base Branch and Second Manufacturing Base Branch. Xiaomi EV Co., Ltd. (Xiaomi) had been outsourcing its production to the BAIC Group since early on, but in July 2024, the company obtained an independe...

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

Mobile World Congress 2025 (1) AI and 5G AI-powered smart mobility solutions integrating 5G and NTN technologies Summary Xiaomi: SU7 Ultra Xpeng: X2 flying car powered by China Telecom KDDI: AI mobile autonomous shopping & AI mobility society Harman: “Ready” solutions China Mobile: smart cockpit Nokia: remote driving system LASTING Software: remote vehicle control Oracle: vehicle communication system   The GSMA Mobile World Congress Barcelon...

Market & Tech Reports  Updated at: 2025/03/28

1 Model Y Tesla BEV 44 65 -32.8% 99 129 -22.9% 2 Wuling Hongguang MINI EV Wuling BEV 37 14 173.4% 60 20 204.1% 3 Seagull BYD BEV 37 9 298.6% 74 41 82.7% 4 Model 3 Tesla BEV 34 27 24.6% 56 60 -6.9% 5 Song PLUS BYD BEV/PHV 32 15 116.9% 61 34 79.2% 6 Xingyuan Geely BEV 29 - -% 57 - -% 7 SU7 Xiaomi BEV 24 - -% 47 - -% 8 Qin Plus BYD BEV/PHV 22 16 38.4% 42 37 13.6% 9 Qin L BYD PHV 20 - -% 37 - -% 10 Han BYD BEV/PHV 17 8 125.6% 35 ...

Market & Tech Reports  Updated at: 2025/03/26

Xiaomi SU7 Teardown Survey Gigacast body structure Summary Overview of Xiaomi and its EV business More about Gigacast Body details except Gigacast section   The SU7 is the first model launched into the EV market by Xiaomi Corporation (Xiaomi), known as a global smartphone manufacturer. Gigacast is used for the rear structure, but its shape and thickness are similar to those of other companies' previous models. A die-casting machine with a clampi...

Market & Tech Reports  Updated at: 2025/03/04

e the second half of 2024.   Electric Vehicle (BEV/PHV/FCV) - Top 10 best selling models (000 units) - Model Maker/Brand P/T 2025January 2024January Y-o-Y 1 Model Y Tesla BEV 56 64 -13.5% 2 Seagull BYD BEV 37 31 19.3% 3 Song PLUS BYD BEV/PHV 28 19 49.8% 4 Xingyuan Geely BEV 28 - -% 5 SU7 Xiaomi BEV 23 - -% 6 Hongguang MINIEV Wuling BEV 22 6 273.8% 7 Model 3 Tesla BEV 22 30 -26.2% 8 Galaxy Starship 7 Geely Galaxy PHV 20 - -% ...

Market & Tech Reports  Updated at: 2025/02/26

makers, Li Auto Inc.’s sales rose sharply with a year-over-year increase of about 33.1% to 501,000 units. In March, the MPV MEGA, Li Auto’s first EV model, was introduced. NIO and XPeng performed well, with sales increasing 41.3% and 34.2%, respectively, over the previous year. Smartphone giant Xiaomi Technology Co., Ltd. made headlines with the launch of its subsidiary Xiaomi EV Technology Co., Ltd.’s SU7 EV. While some emerging EVs were d...

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

vehicle that has been redesigned using waste materials from production processes, taking advantage of the characteristics of the materials and forming methods.   The vehicle's frame and powertrain-related components are reused from those of the base model COMS.   LTEC: Tesla Cybertruck inverter, Xiaomi SU7 OBC/DC-DC   LTEC Corporation (LTEC), which analyzes power devices and in-vehicle units, recently disassembled a Tesla Cybertruck. Its inv...

Market & Tech Reports  Updated at: 2025/02/07

on. Specifically, this could include providing personalized information (e.g., a guide to nearby good restaurants + places to recharge at the same time) and further differentiation of experiences using AI (e.g., providing services that connect people, cars, and homes, such as those offered with the Xiaomi SU7). 4-2) List of service features provided by each company (Source: ReVision Summit presentation materials) 4-3) Vehicle data direct r...

Market & Tech Reports  Updated at: 2024/11/11

China: The system supplier for the 2019 Model 3 series was Bosch. The Model 3 and Model Y system suppliers for 2020 and 2021 were Bosch HUAYU Steering Systems. The Model 3 system supplier for 2022 was Bosch. NIO: Bosch and thyssenkrup were the system suppliers for the 2018 through 2022 NIO ES8. Xiaomi: The system supplier for the Xiaomi SU7 is Nexteer. XPeng: System suppliers for the XPeng G3 series and XPeng P7 in 2021 and 2022 were Bosch ...

Market & Tech Reports  Updated at: 2024/09/27

TECHNO-FRONTIER 2024: Electric Vehicle Technologies BEV teardown exhibit, motors, power devices and related components Summary Actual BEVs on display: Xiaomi SU7, BYD Seal, Hyundai Ioniq 5 N BEV teardown exhibit: Geely Zeekr 007, Citroen Ami Motors: EXEDY, Fukuda (ATE), IE5 Motor Project (Toshiba, Mitsubishi Electric, ABB, Yaskawa Electric), Nidec Motor parts: Easy-Win, Zhejiang Grandwall, Daido Steel, Next Core Technologies, Inac Power devices: ...

Market & Tech Reports  Updated at: 2024/08/27

FAW 198,356 262,499 SERES Group 54,433 214,882 Li Auto 139,117 188,983 Dongfeng 120,759 159,936 NIO 55,770 87,426 Leapmotor 44,502 86,696 Anhui Jianghuai Automobile (JAC) 106,643 78,628 BAIC 81,214 74,025 XPeng 41,435 52,028 Hozon Auto 62,417 51,011 Xinyuan Group 57,125 33,124 Xiaomi 0 30,377 Jiangling Motors Group 7,740 9,986 Haima Motor Group 17,159 3,989 China National Heavy Duty Truck Group (CNHTC/SINOTRUK) 1,779 1...

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

Gigacastings to Modular Structures Huge die casting machines and the unboxed manufacturing process Summary List of Gigacast adoption plans by automaker Gigacastings to Modular Structures Tesla Geely (including Zeekr, Geely-Baidu and Volvo) NIO (NIO, Inc.) XPeng (Xiaopeng Motors) Xiaomi Huawei-AITO Toyota (Supplement) What is clamping force?   Tesla has announced that it can significantly reduce assembly costs by modularizing the car body based o...

Market & Tech Reports  Updated at: 2024/06/27

Auto China 2024: Xiaomi, Huawei (HIMA) Xiaomi SU7 and a model developed by Huawei and BAIC in partnership Summary Xiaomi: Unveils its first electric sedan, the SU7 Huawei Harmony Intelligent Mobility Alliance (HIMA): Unveiling the S9, a model developed in partnership with BAIC Xiaomi's exhibition booth The 18th Beijing International Automotive Exhibition (Auto China 2024) was held at the China International Exhibition Center from April...

Market & Tech Reports  Updated at: 2024/05/08

s volume target is 5.45 million units, the FAW Group 3.47 million units, Changan Automobile 2.8 million units, and Geely Automobile 1.9 million units. In the NEV sector, GAC Aion’s electric powertrain plant started operations. BYD continues to deploy NEV and component projects in various regions. Xiaomi has launched the brand's first EV sedan. Geely has entered into several partnerships in the methanol-powered vehicle sector. In intelligentizat...

Market & Tech Reports  Updated at: 2024/05/07

Xiaomi SU7 New Car Launch Comparison with Tesla Model 3; 89,000 units pre-ordered in 24 hours after launch event Summary Xiaomi EV: Launch of 3 versions of the Xiaomi SU7; Comparison with the new Tesla Model 3 Smart Driving: Independently developed solutions "camera only" and "camera and laser radar” Smart cockpit: 5 integrated screens, and a voice assistant that combines multiple information sources People/car/home eco-systems: Preparing the c...

Market & Tech Reports  Updated at: 2024/05/02

ased from around 800 last year to 930 this year. The goal of the 4YFN event is to support start-ups, investors and companies to connect and launch new business ventures together.   Compared to last year, a return of the automotive industry was clearly noticeable in Barcelona.   In addition to the Xiaomi SU7 production model and concept vehicles such as the H1st vision from Software République, the cloud-native vehicle from Aptiv and Wind River...

Market & Tech Reports  Updated at: 2024/04/18