China Minicar Industry Report, 2022
  • June 2022
  • Hard Copy
  • USD $3,000
  • Pages:86
  • Single User License
    (PDF Unprintable)       
  • USD $2,800
  • Code: ZJF188
  • Enterprise-wide License
    (PDF Printable & Editable)       
  • USD $4,200
  • Hard Copy + Single User License
  • USD $3,200
      

Minicars, also known as mini passenger cars, are suitable for short-distance transportation and are positioned as entry-level vehicles. Thanks to low cost, convenient parking and low usage cost, minicars are favored by the working class. In the fuel era, minicars mainly include Chery QQ and Benni MINI. As China vigorously develops electric vehicles, micro electric vehicles have become the focus of minicar marketing and have been recognized by more and more consumers. In recent years, the sales volume of minicars in China has grown rapidly. In 2021, the annual sales volume swelled by 198.2% year-on-year to 978,000 units. It is expected that the industry will continue to grow radically in the short to medium term. By 2027, the sales volume will hit 4.387 million units, with a compound annual growth rate of 28.4% over 2021.

代步车 1_副本.png

Thanks to star models such as Chery QQ and Changan Benni, minicars enjoyed the market share of 6%-7% before 2008. With the introduction of the policy of popularizing cars in the countryside at the beginning of 2009, the minicar market expanded radically from 30,000 units in 2008 to 750,000 units in 2010. However, the minicar market has been sluggish since 2011 due to the termination of the aforementioned policy. In 2016, only 234,000 minicars (including 120,000 fuel minicars) were sold, accounting for 1.0%.

In 2016, the era of electric vehicles came. The subsidy policy sparked the emergence of electric minicars, and pushed up the sales volume of electric minicars to 420,000 units in 2018. But since the subsidy declined, the sales volume dropped to 250,000 units in 2019. In 2020, the stunning Hongguang Mini EV redefined minicars which no longer hover at the low end, so that the market boomed and the sales volume herein soared to 978,000 units in 2021. In the market, nearly 100% minicars are driven by new energy, and they are all battery-electric models. The trend of 100% electrification is expected to continue.

代步车 2_副本.png

In terms of the competitive landscape, China Passenger Car Association (CPCA) revealed that there were 49 minicar models on sale in the Chinese automotive market in 2021, of which 14 models saw the sales volume of more than 10,000 units each. Among them, SAIC-GM-Wuling's Hongguang Mini EV was far ahead of its competitors with the sales volume of 426,500 units, with a market share of 43.6%. Despite chip shortage and price hikes, the sales volume was still as high as 106,700 units in the first quarter of 2022. Changan Benni EV and Great Wall ORA Black Cat secured the sales volume 76,438 units and 63,492 units respectively in 2021, occupying the second and third places, with the market share of 7.8% and 6.5% separately.

代步车 3_副本.png

In terms of manufacturers, SAIC-GM-Wuling offered Hongguang MINI EV, Baojun E200, Baojun E300P and Baojun E100 in 2021, which gained the combined sales volume of 451,900 units, accounting for 46.2% of the minicar market. As for the second-ranked Great Wall Motor, ORA White Cat and ORA Black Cat occupied about 8.6% of the minicar market, with the total sales volume of 84,097 units. Changan Automobile only had Benni EV on sale, making up 7.8% of the minicar market as the second runner-up in the market.

代步车 4_副本.png

Global and China Minicar Industry Report, 2022 highlights the following:

20120114.gifOverview of the minicar industry, including definition, classification, industry policies, etc.;
20120114.gifThe development of Chinese minicar market, including market size, typical brands, driving factors, development trends and competitive landscape at each stage;
20120114.gifConsumption in Chinese minicar market, including customer characteristics, consumption factors and preferences;
20120114.gifProfile, business, main models, and marketing of major minicar manufacturers in China.

1 Industry Overview
1.1 Definition and Scope
1.2 Policies (1)
1.2 Policies (2)
1.3 Popularization of Cars in the Countryside

2 Chinese Minicar Market
2.1 Fuel Minicars
2.1.1 Fuel Minicars
2.1.2 Ups and Downs of Fuel Minicars
2.2 Electric Minicars
2.2.1 Era of Electric Minicars
2.2.2 Subsidy-stimulated Electric Minicars (1)
2.2.3 Subsidy-stimulated Electric Minicars (2)
2.2.4 Market-stimulated Electric Minicars
2.2.5 The Electrification Rate of Minicars Is Close to 100%
2.3 Minicar Competitive Landscape
2.3.1 Competitive Landscape - Brand Ranking
2.3.2 Competitive Landscape - Manufacturer Ranking
2.4 Minicar Consumer Market
2.4.1 Features of Customers
2.4.2 Consumption Factors
2.4.3 Preferences
2.5 Development Trends of Minicar Market
2.5.1 Improvement of Product Orientation
2.5.2 Potential Market Generated by Customers with a Driver's License but No Car
2.5.3 Impact of Chip Shortage

3 Chinese Minicar Manufacturers
3.1 SAIC-GM-Wuling
3.1.1 Profile
3.1.2 Product Lines
3.1.3 Hongguang Mini EV
3.1.4 Core Components of Hongguang Mini EV
3.1.5 Baojun E300/kiwi EV  
3.1.6 Baojun E300/kiwi EV  
3.1.7 Sales Volume of Major Models
3.2 Changan Automobile
3.2.1 Profile
3.2.2 Benni E-Star 
3.2.3 Changan Lumin
3.2.4 Project Shangri-La
3.3 Great Wall
3.3.1 Profile
3.3.2 ORA Series
3.3.3 Pricing of Ora Series
3.3.4 ORA Black Cat
3.3.5 Technology Configuration of ORA Black Cat
3.3.6 Orientation of ORA Black Cat
3.3.7 Sales Channels and ORA Mobility
3.3.8 Sales Volume
3.4 Chery
3.4.1 Profile
3.4.2 Chery New Energy
3.4.3 Chery Ant
3.4.4 QQ Ice Cream
3.4.5 Chery's Strategic Cooperation with Luxshare Precision
3.4.6 Sales Volume
3.5 Leapmotor
3.5.1 Profile
3.5.2 Sales Channels
3.5.3 Product Matrix
3.5.4 Leapmotor T03
3.5.4 Leapmotor T03 - Intelligence
3.6 LETIN
3.6.1 Profile
3.6.2 MENGO
3.6.3 MENGO Pro
3.6.4 MENGO Max
3.6.5 Sales Volume
3.7 JAC Group
3.7.1 Profile
3.7.2 SOL
3.7.3 SOL E10X
3.8 Jemmell New Energy Vehicle
3.8.1 Profile
3.8.2 Lingbao BOX
3.8.3 Lingbao Coco
3.8.4 Lingbao Uni
3.8.5 Sales Volume
3.9 SAIC Passenger Vehicle
3.9.1 Profile
3.9.2 CLEVER
3.9.3 Sales Volume
3.10 Hangzhou Huandian Technology (POCCO)
3.10.1 Profile
3.10.2 POCCO Meimei
3.10.3 POCCO Duoduo
3.10.4 Sales Volume
 

Chinese Joint Venture OEMs’ ADAS and Autonomous Driving Report, 2022

Joint Venture OEM's ADAS Research: Joint venture brands lead in L2/L2.5 installation rate, but have not involved L2.9 for the time being Following "Chinese Independent OEMs’ ADAS and Autonomous Drivi...

Global and China Hybrid Electric Vehicle Research Report, 2022

Hybrid Research: China Hybrid EV penetration rate will hit 22% within five years With the development of automobile energy-saving and new energy technologies and the promotion of low-carbon emission ...

China Smart-Road Roadside Perception Industry Report, 2022

Top 10 roadside perception suppliers: quality suppliers come to the front in each market segment. The growing number of roadside perception players comes with active industrial investment and financ...

China Passenger Car Brake-by-Wire and AEB Market Research Report, 2022

Brake-by-wire research: with an astonishing growth in installation rate, One-Box has commanded much more of the market. In new energy vehicles, especially intelligent vehicles, the bake-by-wire techn...

Multi-domain Computing and Zone Controller Research Report, 2022

Multi-domain computing and zone controller research: five design ideas advance side-by-side.In the trend for higher levels of autonomous driving, intelligent vehicles pose more stringent requirements ...

Overseas ADAS and Autonomous Driving Tier 1 Suppliers Report, 2022

Overseas ADAS Tier1 Suppliers Research: The gap between suppliers has widened in terms of revenue growth, and many of them plan to launch L4 products by 2025Countries allow L3/L4 vehicles on the road ...

Chinese Independent OEMs’ ADAS and Autonomous Driving Report, 2022

ResearchInChina released "Chinese Independent OEMs’ ADAS and Autonomous Driving Report, 2022". This report combs through and summarizes status quo (installations, installation rate), function applicat...

China Passenger Car Electronically Controlled Suspension Industry Report, 2022

Research on electronically controlled suspension: four development trends of electronically controlled suspension and air suspension Basic concepts of suspension and electronically controlled suspens...

China L2/L2+ Smart Car Audio Market Report, 2022

Car audio research: ranking of L2+ smart car audio suppliers by market share The National Development and Reform Commission has upgraded the development of intelligent vehicles to a national strategy...

China Commercial Vehicle T-Box Report, 2022

TOP10 commercial vehicle T-Box suppliers: using terminal data to build telematics platforms will become a megatrend. 1. From the perspective of market size, the pace of popularizing T-Box accelerates...

Electric Drive and Power Domain Industry Report, 2022

Electric drive and power domain research: efficient integration becomes a megatrend, and integration with other domains makes power domain stronger. Electric drive systems have gone through several ...

China Autonomous Retail Vehicle Industry Report, 2022

Research on Autonomous Retail Vehicles: Lower Costs Accelerate Mass Production with Ever-spreading Retail Scenarios Autonomous retail vehicles integrate technologies such as 5G, artificial intelligenc...

China Passenger Car Driving and Parking Integrated Solution Industry Report, 2022

Driving and parking integrated solutions stand out in high-level intelligent driving, and the mass adoption is around the corner. According to ResearchInChina, in the first four months of 2022, China'...

Autonomous Driving and Cockpit Domain Control Unit (DCU) Industry Report, 2022(II)

Domain Controller Research: Exploration of Five Business Models, Tier1, Tier0.5, Tier1.5 or ODM? Automakers accelerate the mass production of new E/E architecture platforms, and the penetration rate...

Autonomous Driving and Cockpit Domain Control Unit (DCU) Industry Report, 2022 (I)

Domain Controller Research: Exploration of Five Business Models, Tier1, Tier0.5, Tier1.5 or ODM? Automakers accelerate the mass production of new E/E architecture platforms, and the penetration rate...

China Minicar Industry Report, 2022

Minicars, also known as mini passenger cars, are suitable for short-distance transportation and are positioned as entry-level vehicles. Thanks to low cost, convenient parking and low usage cost, minic...

China Automotive Ultrasonic Radar and OEM Parking Roadmap Research Report, 2022

In 2021, ultrasonic radar shipments hit 100 million units, and intelligent parking became a crucial engine.1. In 2025, China’s ultrasonic radar installations will exceed 140 million units. According...

DENSO CASE (Connectivity, Automation, Sharing and Electrification) Layout Research Report, 2022

DENSO CASE Research: The semiconductor business will help it go "from Toyota to the world” ResearchInChina has released DENSO CASE (Connectivity, Automation, Sharing and Electrification) Layout Resea...

2005- www.researchinchina.com All Rights Reserved 京ICP备05069564号-1 京公网安备1101054484号