Chinese sales in SE Asia’s Top 4 markets rise 58% in Q1
From Yahoo Finance: 2025-06-02 11:47:00
Sales of Chinese-branded vehicles in South-east Asia’s four main markets surged by over 58% in the first quarter of 2025, reaching 67,558 units. Chinese automakers are expanding globally to reduce reliance on their home market, with over two dozen brands now active in the region, capturing over 10% of the market share.
Governments in the region are offering incentives to attract investment in battery-powered and hybrid-electric vehicles. Chinese manufacturers, dominating the BEV markets in the absence of significant Japanese competition, are quick to capitalize on these opportunities.
Thailand leads as the largest market for Chinese-branded vehicles, with sales approaching 27,000 units. Indonesia follows with a 161% increase in sales, while Malaysia saw a 53% rise. The Philippines, with the smallest market share, still experienced a 38% increase in sales.
BYD, Chery, and SAIC Motor are the top three groups driving over 70% of Chinese vehicle sales in the region. BYD experienced significant growth, with sales more than doubling to 24,569 units, followed by Chery, which saw an 80% increase in sales.
The expansion of Chinese automakers in South-east Asia is driven by increased demand for electric and hybrid vehicles, with BYD, Chery, and SAIC Motor leading the charge. These brands are making significant inroads in markets such as Thailand, Indonesia, Malaysia, and the Philippines, reshaping the automotive landscape in the region.
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