Chinese carmakers got 7.5% of the South American market in 2022
- 说明
Chinese carmakers got 7.5% of the South American market in 2022
- Sales of light vehicles (passenger cars and light utility vehicles) in nine South American countries (Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Uruguay, Bolivia and Paraguay) increased by 1.9% in 2022 compared to 2021 to reach 3.66 million units. Even though sales improved for the second year in a row, demand remained below the pre-coronavirus level of more than 4 million units.
- While sales in eight countries exceeded the previous year's results, a decline in Brazil, South America's largest market, dampened overall market growth. For the full year 2023, it is possible that sales will exceed 4 million units for the first time in four years due to economic recovery and improvement in the product supply system.
- Regarding sales by origin in 2022, European carmakers, which are strong in Brazil, increased their sales by 0.7% year-on-year, to 1.54 million units. Japanese carmakers come in second with 737,000 units, a decrease of 2%, followed by American carmakers with 700,000 units, an increase of 4.6%, and Korean carmakers with 343,000 units, an increase of 4.6%.
- Chinese automakers, which are launching low-cost cars in South America, increased sales by 16.7% year-on-year to 275,000 units, continuing to expand their market share, up 1 point to 7.5%. If we examine the market share of Chinese brands by country, it increased to 32% in Ecuador, 26% in Chile, 23% in Peru, 22% in Bolivia (the less wealthy countries in the region) compared to 1. 7% in Brazil and 0.6% in Argentina.
China purchased 13 million Thermal over 10 months 2023
- 说明
China purchased 13 million Thermal over 10 months 2023
- Over the first 10 months of 2023, the world purchased more than 60 million “Non-Electrified” passenger cars (vehicles excluding BEV, PHEV and FHEV but including MHEV), including 31 million in China alone, in Europe and the United States. These three countries therefore represent a little more than half of the “Non-Electrified” passenger cars sold worldwide.
- China purchased 13 million over the first 10 months of 2023 compared to 13.5 million over the first 10 months of 2022 and 14 million over the first 10 months of 2021. Their number is decreasing from year to year, but only slightly. “Non-Electrified” vehicles represent 64% of the Chinese PC market this year compared to 69.3% in 2022 and 81.5% in 2021. China is the world’s leading “Non-Electrified” market in 2023, as in 2022 and 2021, representing this year 22% of global sales of “Non-Electrified”.
- Europe (EU + UK + Norway + Switzerland) purchased 7.4 million “Non-Electrified” units over the first 10 months of 2023, compared to 6.6 million over the first 10 months of 2022 and 7.7 million over the first 10 months of 2021. Sales of “Non-Electrified” vehicles therefore increased between 2022 and 2023. “Non-Electrified” vehicles represent 69% of the European PC market this year compared to 69.7% in 2022 and 75.2 % in 2021.
- The United States, for its part, purchased 10.5 million “Non-Electrified” units over the first 10 months of 2023, compared to 10 million over the first 10 months of 2022 and 11.5 million over the first 10 months of 2021. “Non-Electrified” represent 82.7% of the US market this year compared to 87.2% in 2022 and 90.6% in 2021. As in Europe, the sales decline of “Non-Electrified” slows down in 2023, due to the revival of the markets.
China purchased 2.1 million PHEVs over 10 months 2023
- 说明
China purchased 2.1 million PHEVs over 10 months 2023
- Over the first 10 months of 2023, the world purchased more than 3.5 million plug-in hybrid passenger cars (PHEV), including 3.1 million in China, Europe and the United States alone. As for plug-in hybrid light utility vehicles, they are still very marginal.
- Regarding plug-in hybrid passenger cars, China purchased 2.1 million in the first 10 months of 2023 compared to 1.2 million in the first 10 months of 2022 and 430 000 in the first 10 months of 2021. PHEVs represent 10% of the Chinese passenger car market this year compared to 6.5% in 2022 and 3% in 2021. China is the world's leading PHEV market in 2023, representing 60% of global PHEV sales this year.
- Europe (EU + UK + Norway + Switzerland) purchased 800 000 PHEVs over the first 10 months of 2023, compared to 800 000 over the first 10 months of 2022 and 850 000 over the first 10 months of 2021. We have observed a stabilization of PHEV sales in this region since 2022 (while growth continues in China). PHEVs represent 7.5% of the European passenger car market this year compared to 9% in 2022 and 2021. The market share of PHEVs is decreasing in Europe.
- The United States, for its part, purchased 230 000 PHEVs over the first 10 months of 2023, compared to 150 000 over the first 10 months of 2022 and 130 000 over the first 10 months of 2021. PHEVs represent 1.8% of the US market this year compared to 1.4% in 2022 and 1.1% in 2021.
Japan purchased 1 million FHEVs over 10 months 2023
- 说明
Japan purchased 1 million FHEVs over 10 months 2023
- Over the first 10 months of 2023, the world purchased more than 3.5 million full-hybrid passenger cars (FHEV), including 2.3 million in China, Europe and the United States alone. But the world's largest market for FHEVs is Japan, which has purchased 1 million FHEVs, mainly Toyotas and Lexus.
- Regarding full-hybrid passenger cars (FHEV), China purchased 600 000 over the first 10 months of 2023, on par with the first 10 months of 2022 and 400 000 over the 10 first months of 2021. FHEVs represent 3% of the Chinese passenger car market this year compared to 3.2% in 2022 and 2.5% in 2021.
- Europe (EU + UK + Norway + Switzerland) purchased 800 000 FHEVs over the first 10 months of 2023, compared to 700 000 over the first 10 months of 2022 and 500 000 over the first 10 months of 2022. First 10 months of 2021. We have observed weak growth in FHEV sales in this region since 2022. FHEVs represent 7.5% of the European passenger car market this year compared to 7.3% in 2022 and 5.3% in 2021.
- The United States, for its part, purchased 950 000 FHEVs over the first 10 months of 2023, compared to 650 000 over the first 10 months of 2022 and 650 000 over the first 10 months of 2021. FHEVs represent 7.5% of the US market this year compared to 5.4% in 2022 and 5.3% in 2021.
China purchased 4.8 million BEVs over 10 months 2023
- 说明
China purchased 4.8 million BEVs over 10 months 2023
- Over the first 10 months of 2023, the world purchased more than 8.0 million battery electric passenger cars (BEV) representing 11% of the market, including 7.5 million in China, Europe and the United States. As for battery electric light utility vehicles, they are still very marginal and it will take several years for their distribution to be at the same share as passenger cars.
- Regarding battery electric passenger cars, China purchased 4.8 million over the first 10 months of 2023 compared to 3.9 million over the first 10 months of 2022 and 2 million over the first 10 months of 2021. BEVs represent 23% of the Chinese passenger car market this year compared to 21% in 2022 and 13% in 2021. China is of course the world's leading BEV market in 2023, as in 2022 and 2021, representing 60% this year of global BEV sales.
- Europe (EU + UK + Norway + Switzerland) for its part purchased 1.7 million BEVs over the first 10 months of 2023, compared to 1.1 million over the first 10 months of 2022 and 0.9 million over the first 10 months of 2021. But we have observed a stabilization in volume of BEV sales in this region since March 2023 (while growth continues in China). BEVs represent 16% of the European passenger car market this year compared to 14% in 2022 and 10.5% in 2021. BEV sales growth is slowing in Europe.
- The United States, for its part, purchased 1 million BEVs over the first 10 months of 2023, compared to 650 000 over the first 10 months of 2022 and 350 000 over the first 10 months of 2021. BEVs represent 8% of the US market this year compared to 6% in 2022 and 3% in 2021. Contrary to what we observe in Europe, the growth in BEV sales continues month after month.