SAIC Motor's Strong Performance and Industry Trends in 2024

TapTechNews July 9th news, SAIC Motor's global cumulative terminal sales in the first half of 2024 exceeded 418,000 units, with a year-on-year growth of more than 14%.

SAIC Motors Strong Performance and Industry Trends in 2024_0

On July 4th, the European Commission announced the imposition of a temporary tariff on electric vehicles (BEV) imported from China, among which the additional rate for SAIC MG is the highest at 37.6% (total rate reaching 47.6%), and the MG brand strongly opposes this behavior that goes against the principles of fair competition and free trade. From January to June this year, the MG brand's terminal delivery volume in the European market exceeded 120,000 units, and it has consecutively topped the list of Chinese auto brands' sales in Europe for twelve years.

TapTechNews summarizes the announced June 2024 auto sales/delivery data as follows:

BYD's June new energy vehicle sales were 341,700 units, with a year-on-year growth of 35.02%.

SAIC Group's June sales were 300,545 units, a year-on-year decrease of 25.92%; new energy vehicle sales were 93,422 units, with a year-on-year growth of 8.8%.

Chery Group's June sales of automobiles were 200,412 units, with a year-on-year growth of 38%; new energy sales were 44,851 units, with a year-on-year growth of 230.6%.

Geely Automobile's total sales in June were 166,000 units, with a year-on-year growth of 24%.

Great Wall Motor's total sales in June were 98,080 units, with a year-on-year decrease of 6.55%.

SAIC Group sold more than 93,000 new energy vehicles in June.

FAW Toyota delivered 73,545 new cars in June.

Volvo's global sales in June were 71,514 units, with a year-on-year growth of 8%, and the sales in China were 14,049 units, with a year-on-year decrease of 9%.

Changan Automobile's new energy vehicle sales in June were 64,000 units, with a year-on-year growth of more than 61%.

Ideal Automobile delivered 47,774 units in June, with a year-on-year growth of 46.7%.

Huawei Hongmeng Zhixing delivered 46,141 cars in June, setting a new historical high.

Sailis' new energy vehicle sales in June were 44,126 units, with a year-on-year growth of 372.04%.

GAC Aion's global sales in June were 35,027 units, with a year-on-year decrease of 22.18%.

FAW Hongqi's retail sales in June were 34,150 units, and the retail sales in the first half of this year exceeded 190,950 units.

Jianghuai Automobile's June sales were 32,915 units, with a year-on-year decrease of 3.69%.

NIO delivered 21,209 units in June, with a year-on-year growth of 98.1%.

Yueda Kia's June sales reached 20,655 units, with a year-on-year growth of 32.7%.

Zerorun Automobile delivered 20,116 units in June, setting a new historical high and entering the 20,000 club for the first time.

Zeekr Automobile delivered 20,106 units in June, with a year-on-year growth of 89%.

Weltmeister New M7 car delivered 18,493 units in June.

Weltmeister M9 car delivered 17,241 units in June, claiming to be the first in sales among models above $50,000.

Dark Blue Automobile delivered 16,659 units in June, with a year-on-year growth of 107.2%.

XPeng delivered 10,668 electric vehicles in June, with a year-on-year growth of 24%.

SAIC Volkswagen's ID. pure electric family delivered 10,572 units in June, with a year-on-year growth of 170%.

Nezha Automobile's entire vehicle delivery in June was 10,206 units, with a year-on-year decline of 15.88%.

Xiaomi SU7 delivery exceeded 10,000 units in June, and the target delivery volume in July continues to exceed 10,000.

Beijing New Energy's auto sales in June were 9,574 units, with a year-on-year decrease of 14.7%.

Weltmeister New M5 car delivered 7,046 units in June, and the cumulative delivery since its listing exceeded 10,000 units.

IM Motors' retail sales in June were 6,015 units, with a year-on-year growth of 200%.

Lantu Automobile delivered 5,507 units in June, with a year-on-year growth of 83%.

Avita delivered 4,569 units in May, with a year-on-year growth of 163%.

Zhijie S7 car delivered 2,995 units in June.

Haima Automobile's sales in June were 1,105 units, with a year-on-year growth of 9.41%.

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