From 2020–2023, 500k+ yuan vehicles’ sales volume stabilized at 850k–890k units, accounting for 4.2%–4.6% market share. 2024 saw a plunge to 677k units due to economic headwinds and consumer retrenchment. Despite China’s 2025 macro targets supporting high-end demand, recovery momentum…
According to retail data, BYD’s battery usage reached approximately 16 GWh in the first two months of 2025, a YoY increase of 36.7%, with BEV accounting for 69% and EREV/PHEV 31%. In the BEV market, vehicles using BYD’s 125-140Wh/kg battery…
Previously dominated by Mercedes-Benz, BMW, and Audi, the 300k+ yuan passenger vehicle segment has seen Chinese automakers collectively moving upmarket amid the explosive growth of NEVs. Mercedes-Benz, BMW, and Audi’s market share in this segment has dropped from 56.1% in…
The 100k-150k RMB BEV Sedan market continues its rapid growth, achieving 84,000 units in sales during the first two months of 2025 (+98% YoY). Annual sales are projected to reach 720,000 units, accounting for 37.9% of the total BEV Sedan…
China’s A0-segment PV market has seen flat sales trends in recent years, while its share of the total market continues to decline annually as B+ segments expand rapidly.Jan-Feb 2025 cumulative sales: 222k Units. Full-year projected sales: 1.644M Units (+1% YoY),…
Since the Onvo L60 began deliveries last September, its sales have not brought a qualitative improvement to NIO. In the BEV market, NIO’s market share has dropped from a peak of 4.1% last year to around 2.7-2.8% currently.NIO’s mainstay models…
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…
