In the current market dominated by new energy vehicles, Porsche’s retail volume in China has declined YoY for two consecutive years, with a further drop of 32% in 2024. In the Chinese market in 2024, Porsche SUV retail volume declined…
Since its launch in 2019, the integrated Geely Galaxy achieved terminal sales of 346k units in the Chinese market in 2024 (BEV: 198k units, PHEV: 148k units), reaching a 3.2% market share in the new energy vehicle sector. The Geely…
With the enhancement of product strength and active overseas expansion, Chery passenger vehicle has achieved rapid growth in recent years. In 2024, its global sales reached 2.75 million units, marking a YoY increase of 29.9%. Export volume has increased year…
In 2024, approximately 700k Chinese-made passenger vehicles were exported to the EU, a YoY increase of 3.4%. These exports accounted for 14% of China’s total passenger vehicle exports, down 2 pct from 2023. In 2024, although the export volume of…
Tesla China’s exports fell 25.9% to approximately 245K units in 2024. Europe remained the main destination (77% of exports) despite a 24.8% drop. Exports to Asia, North America, and Oceania declined by 27.5%, 22.8%, and 41.1% respectively. In the European…
In 2024, ZEEKR and LYNK&CO achieved combined sales of 508k units, accounting for 23.3% of Geely Automobile’s total sales. For 2025, they plan to sell 710k units, representing a 40% growth, which would account for 26.2% of Geely Automobile’s total…
In 2024, CATL’s battery usage in China’s passenger vehicle market reached 223 GWh, securing the top position with a market share of 43.3%. In 2024, CATL’s usage of ternary lithium and LFP batteries accounted for 61% and 39%, respectively. The…
In 2024, the Chinese passenger vehicle market achieved cumulative sales of 27.1 million units, reflecting a 6.1% YoY growth. This marks the fourth consecutive year of growth. The New Energy Vehicle market achieved total sales of 12.2 million units, representing…
The Chinese passenger vehicle market has maintained stable growth, with sales expected to reach 26.8M units in 2024, up 4.9% YoY. As of Oct 2024, NEV sales have reached 9.2M units, and full-year sales are expected to surpass 12M, with…
In Oct 2024, the production and sales volumes reached 2.648M and 2.732M units, respectively, indicating continued market growth. Over the first ten months, cumulative production saw a 3% increase, while cumulative sales rose by 4%. China brands wholesaled 1.9M units…