Shineray replaces Brilliance in China
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Shineray replaces Brilliance in China
- The Chinese manufacturer Brilliance was created in 1992 in Shenyang (Liaoning province). It was initially one of the main Chinese manufacturers of minibuses between 1992 and 2002. In 2003, Brilliance signed an agreement with BMW for the JV production of BMW brand sedans in China. The cooperation between the two manufacturers is working well since the production volume of BMW in China has increased from 10,000 units in 2005 to 65,000 in 2010, 287,000 in 2015 and 602,000 in 2020. But the Brilliance brand, which sells its own models, has great difficulty establishing itself on the Chinese market, facing more dynamic and more reactive competitors. From 295,000 units in 2016, its sales fell down to 145,000 in 2020. Brilliance went bankrupt in 2020. BMW then came to the rescue to save Brilliance, thus saving the production of its own models. Of 50% of the shares in the JV, BMW now holds 75%, the remaining 25% being the property of the Chinese company Shineray which had been a partner of Brilliance for several years and which markets its cars in China under the SWM brand. It is this Shineray group which took over the former prerogatives of Brilliance, because today the Brilliance brand no longer exists as an automobile brand.
- It is the Shineray group which manufactures BMWs at the historic Brilliance site in Shenyang as well as SWMs at the historic Shineray site in Chongqing. To this must be added the production of Jinbei minivans, a brand which is a former subsidiary of Brilliance which had been a partner of Renault for a time. In the first half of 2023, the Shineray group produced 40,000 Jinbei, 17,000 SWM and above all 350,000 BMW. No Brilliance models have been produced since December 2022.
Germany remains by far the leading European producer of BEV and PHEV in 2023
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Germany remains by far the leading European producer of BEV and PHEV in 2023
- The production volume in Europe (EU + UK) of 100% electric cars (BEV) reached 752,374 units in the first half of 2023 (10% of production) compared to 484,951 units in the first half of 2022 (7% of production) which represents an increase of 55% over one year, while in the first quarter the increase did not exceed 44%. European BEV production is accelerating.
- Germany increases its lead as leader in BEV production in Europe since this country produced 420,294 units on its soil in the first half of 2023, thus doubling its production volume compared to the same period of the previous year . This country today represents 56% of electric cars produced in Europe. France is the second largest BEV producer in 2023, far behind Germany. Douai factory has not yet reached its full capacity, as the R5 and Scenic E-Tech are not yet into production. Spain will have to wait until 2025 before the launch of the small Volkswagen ID1/ID2 and their derivatives (which should beto be widely distributed).
- The production volume in Europe (EU + UK) of plug-in hybrid cars (PHEV) reached 377,681 units in the first half of 2023 (5% of production) compared to 353,479 units in the first half of 2022 (5% of production). This represents an increase of 7% over one year, while in the first quarter was recorded a decrease of 10%.
- Germany remains the leader in PHEV production in Europe, although its production dropped down compared to last year. Spain is already second, doubling its PHEV production volume compared to last year.
- In 2023, in Europe, there will be twice as many BEVs as PHEVs.
BYD Seagull and Wuling Bingo attack the 100% electric B segment
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BYD Seagull and Wuling Bingo attack the 100% electric B segment
- In the first half of 2023, the Chinese carmaker BYD, specializing in 100% electric vehicles (BEV) and plug-in hybrid vehicles (PHEV), experienced a spectacular growth on the PC (Passenger Cars) market. It quasi- doubled its sales while, over the same period, the sales of the former star of the market, the Wuling HongGuang Mini EV collapsed, due mainly to the decrease of incentives for buying these cars. While 426,482 units were sold in 2021 and 572,757 in 2022, sales of the Wuling HongGuang Mini EV did not exceed 39,829 units in the first half of 2023.
- Two new 100% electric models appearing in 2023 seem to have taken over part of the E-Wuling customer base: the Wuling Bingo and the BYD Seagull, four-door B-segment sedans (the HongGuang Mini EV was a two-door sedan of segment A) which collected 64,207 sales and 38,805 sales respectively, but over five months of marketing for the Bingo and only three months of marketing for the Seagull.
- The sales potential is therefore 155,000 units over the year 2023 for each of these two models, or 310,000 units together.
- If we add the sales potential of 90,000 units for the HongGuang Mini EV, we obtain a sales potential of 400,000 units per year, which represents the majority of sales of the HongGuang Mini EV in 2022 or 2023.
- This fact is interesting as the B segment is traditionally very weak in China. Bingo and Seagull will try to revive this segment in China, before a hypothetical export to Europe.
Germany remains by far the leading European MHEV producer in 2023
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Germany remains by far the leading European MHEV producer in 2023
- Inovev has calculated the production volume in Europe (EU + UK) of 48V micro-hybrid cars (MHEV). This volume reached 735,752 units in the first half of 2023 (10% of production) compared to 521,925 in the first half of 2022 (8% of production), which represents an increase of 41% over one year. This is a volume equivalent to that of BEVs produced in Europe.
- Here again, Germany is clearly ahead of other European countries, since it alone produces 40% of all MHEVs produced in Europe in the first half of 2023. This is the result of the strong presence of Premium brands in Germany . MHEVs are actually mainly models from Premium brands (Audi, BMW, Mercedes, Volvo, Jaguar, Land Rover) but mainstream brands are starting to invest in this market, such as Ford or Fiat. This is the reason why Italy (Fiat) and Romania (Ford) are second and third MHEV producers in Europe. France is not yet on this market. Inovev forecasts that 48V MHEV micro-hybridization will develop among all mainstream carmakers and grow at the same rate as BEVs.
- Concerning non-rechargeable full-hybrid cars(HEV-full), only five countries will produce them in Europe in 2023, and it is France (thanks to the Toyota Yaris and Yaris Cross) which remains the leader in terms of production ahead of Spain and the United Kingdom. The production volume in Europe (EU + UK) of non-rechargeable full-hybrid cars (HEV-full) cars reached 307,273 units in the first half of 2023 (4% of production) compared to 217,195 in the first half of 2022 (3% of production). ) which represents an increase of 41% over one year.
Tata Motors purchased the former Ford Indian plant
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Tata Motors purchased the former Ford Indian plant
- The Indian manufacturer Tata Motors (owner of the British brands Jaguar and Land Rover) owns its own brand in India, which markets passenger cars and utility vehicles, including heavy goods vehicles (Tata Motors is the largest producer of heavy goods vehicles of the region).
- Generally, Tata Motors produces about as many passenger cars as commercial vehicles, except that over the past two years, passenger car sales have grown significantly to account for 57% of Tata Motors' production in India in 2022, thanks to the success of its recent small SUVs Nexon and Punch. As a result, Tata Motors' factories reached saturation in 2022, with just over 900,000 vehicles produced in India for a production capacity set at 900,000 units per year. Given that Tata Motors expects further organic growth in 2023-2024, it has decided to buy Ford's Indian plant (located in Sanand), the American manufacturer having decided to withdraw from the Indian market two years ago. years. The Ford factory, which has a production capacity of 300,000 vehicles per year (this figure having been reached only once in 2017), will allow Tata Motors to rehire its staff and be able to produce 300,000 more vehicles from 2023-2024, or 1.2 million vehicles in total. This is both a good move for Tata Motors and Ford.
- The largest manufacturer in India remains Maruti-Suzuki which produced 1.9 million vehicles in 2022, ahead of Hyundai-Kia which produced just over 1.0 million units. Mahindra produced only 0.6 million vehicles last year.
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