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, 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…
China’s passenger vehicle exports were 386k units, +1.5% MoM and +16.1% YoY.The outlook for 2024 is positive, with cumulative exports at 3,127k units by Sept, +26.6% YoY. ICE exports were 281k units (-0.1% MoM), PHEV/EREV exports were 19k units (-3.6%…
In Sept, production reached 2.42M units, and wholesale reached 2.5M units Chinese brands wholesaled 1.68M units (+17% MoM), EU-US brands 519K units (+13% MoM), and J-K brands 301K units (+16% MoM). With the strong rise of Chinese brands, sales of…
BYD September Passenger Vehicle Production & Sales Summary BYD’s passenger vehicle production in Sept reached 439.2k units, with sales of 417.6k units, resulting in a prod-sales ratio of 105% As of Sep, BYD’s total production of passenger vehicles: 2.749M units,…
Plug-in hybrids lead the acceleration over other markets, with the trend of replacing conventional energy continuing to gain momentum. In contrast to the stable expansion of the pure EV sector, plug-in hybrid vehicles have risen as an unexpected contender. In…