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Market Analyses

Inovev publishes around 300 market analyses
per year.

Two analyses are provided free of charge twice a month.

Here below you can view the titles, extracts and thumbnails relating to the 2 current analyses.
Upon registration, you can download the two full analyses
(i.e. around 50 free analyses per year as they are renewed twice a month).

Li Auto is the leader of REEVs in China in Q1-2025
20 May 2025

- A REEV, or Range Extender Electric Vehicle, is a type of hybrid that primarily drives using an electric motor and includes a small internal combustion engine (ICE) to recharge the battery when it is low. Unlike traditional hybrids, the ICE in REEVs does not directly power the wheels but acts solely as a generator, extending the electric driving range. REEVs can also plugged in directly to chargers in addition.

- China's REEV market has seen mixed growth in 2025. Total REEVs production reached 224,359 units, a modest increase from 211,111 units in the same period in 2024 — about +6.3% year-over-year growth. While some carmakers experienced significant growth, others saw declining volumes, indicating a competitive and transitional phase in the segment as consumer preferences and government policies continue evolving.

- Lixiang Automotive (or Li Auto) remains the dominant REEV producer with 103,096 units YTD, up 7.8% from last year. It holds a market share of approximately 45.9%. Seres Motor follows with 44,982 units, but saw a significant decline of -45.4%. Chang’an Auto and Leapmotor showed healthy double-digit growth, while Chery Auto entered with modest volumes (1,842 units YTD). This distribution highlights Lixiang's stronghold but also reflects rising competition and potential future realignments in market leadership.

- The Lixiang L6, L7, L8, and L9 series dominate the top of the chart: Lixiang L6 leads with 51,580 units YTD. Lixiang L7 and L9 show stable performance, with L7 down to 24,189 units (from 38,785, -37.6%), while L9 fell to 14,061 units (-54.9%). Seres AITO M9 and M7 also rank among top models, with M9 at 22,466 units and M7 at 13,333 units, though both showed a decline.

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China exported 1.42 million vehicles in the first quarter of 2025
14 May 2025

- China exported 507,000 vehicles in March 2025, up 1% year-on-year. In the first quarter of 2025, vehicle exports reached 1.42 million units, up 7.3% year-on-year. At the current pace, China could export between 5.7 and 6.0 million vehicles in 2025, setting a new record and cementing its position as the world's leading automobile exporter, ahead of Japan and Europe.

- Among these 507 000 vehicles, 411 000 were passenger cars and 96 000 were utility vehicles (1,2 million PCs and 240 000 UVs in Q1-2025)

- In total, China will export between 18% and 20% of its automotive production this year, primarily to Europe and Russia. These exports include models from non-Chinese carmakers produced in China.

- Among the top ten vehicle exporters in March 2025:

• Chery Group led the way with 86,000 units shipped, up 2.8% year-on-year, and accounting for 17.1% of China's total exports. From January to March 2025, Chery exported 254,000 vehicles, an annual rate of one million vehicles.

• BYD Group recorded the fastest growth, exporting 73,000 vehicles, up 88.4% year-on-year.

• MG (SAIC) is the third largest exporter, delivering its vehicles (72,000 vehicles) mainly to Europe 30 countries (EU + UK + Switzerland + Norway) while Chery delivers mainly to Russia.

• Next come Changan (50,000 vehicles), Geely (43,000 vehicles) and Great Wall (32,000 vehicles).

• The other carmakers each delivered less than 30,000 vehicles.

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Renault and Nissan are distancing themselves but are still collaborating on some projects	2025-05-20
Toyota announces plans to keep all its European factories	2025-05-20
Renault ends the Express LUV for the European market	2025-05-20
Kia wants to develop in the European LUV market	2025-05-20
Peugeot 2025-2028 product plan: 208 and 2008 will be replaced in 2026	2025-05-20
The Ford Puma is the best-selling and most-produced MHEV model in Europe in 2024	2025-05-20
The Toyota Yaris Cross is the best-selling and most-produced F-HEV in Europe in 2024	2025-05-20
The Volvo XC60 is the best-selling PHEV in Europe in 2024 but not the most produced	2025-05-20
The very disappointing debut of the new Lancia Ypsilon	2025-05-20
Stellantis Luton plant closed on March 31, 2025	2025-05-20
Stellantis stopped the assembly of the Leapmotor T03 in Europe	2025-05-14
Chery has started vehicle production at its Barcelona site	2025-05-14
MG to produce cars in Europe	2025-05-14
Chinese carmakers continue to increase on the Chinese market in 2025	2025-05-14
Wuling Hongguang Mini EV is the 3rd best selling model in China in 2025	2025-05-14
The ranking of the Top 15 Chinese models shaken up in the first quarter of 2025	2025-05-14
Tesla sales decline slows in March 2025	2025-05-07
Tesla Model Y remains the best-selling BEV in Europe in January-February 2025	2025-05-07
Tesla Model Y was the best-selling and most-produced BEV in Europe in 2024	2025-05-07
Europe imported 205,000 vehicles from the USA in 2024	2025-05-07

Data Tables & Charts

Market Data Tables

Inovev has created and updates continuously a comprehensive database related to quantities of vehicles produced and sold in the world.

Upon registration you can download free of charge two extracts updated each month.

Extract #1

Main features		Sample
- Content: Production data of passenger cars and utility vehicles detailed by country and carmakers - Geographical scope: Worldwide - Time coverage: Past (yearly) and current year (monthly) - Updates: Monthly		Click on the image to download an Excel sample file

Extract #2

Main features		Sample
- Content: Registrations data of passenger cars and light utility vehicles detailed by country and carmakers - Geographical scope: Europe - Time coverage: Current year (monthly) - Updates: Monthly		Click on the image to download an Excel sample file