HU-GWMC@EC2602A(15649.HK)

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HU-GWMC@EC2602A

15649.HK

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News

Chinese Vehicles Are Gaining Serious Traction in South Africa’s Overall Used Vehicle Market

Chinese vehicles are increasingly popular in South Africa's used vehicle market, with brands like Chery, Haval, and Omoda gaining traction. The Chery Tiggo 4 Pro is the best-selling used Chinese car, reflecting a shift in buyer perception towards these brands. This trend is expected to accelerate the transition to electric vehicles, as Chinese manufacturers are introducing more plug-in hybrids and battery electric vehicles. Sales of PHEVs surged by 280% in 2025, indicating growing consumer confidence in Chinese automotive offerings.

cleantechnica·01/23/2026 05:43

cleantechnica·01/23/2026 05:43

PHEV Sales Up 280% In 2025 In South Africa, While HEVs Down 6% As Chinese…

Sales of plug-in hybrid electric vehicles (PHEVs) in South Africa surged by 280% in 2025, with 2,808 units sold compared to 738 in 2024. This growth contrasts with a 6% decline in traditional hybrid electric vehicle (HEV) sales, which dropped from 13,552 to 12,751 units. The rise in PHEV popularity is attributed to more affordable models, particularly from Chinese brands. The top-selling PHEV was the Great Wall Motors Haval H6, with 448 units sold. Toyota's conservative marketing approach for its RAV4 PHEV limited its sales to just 5 units in 2025, despite the brand's overall popularity.

cleantechnica·01/23/2026 02:22

cleantechnica·01/23/2026 02:22

"Major Banks" CMB International's Investment Ratings and Target Prices for Automobiles, Parts, and Related Stocks (Table)

Zhao Yin International released a research report, listing the latest investment ratings and target prices for automotive, parts, and related stocks. XPeng and Li Auto were both rated as Buy, with target prices of USD 29 and HKD 113, respectively. Geely Auto, Great Wall Motor, and BYD were also rated as Buy, with target prices of HKD 25, HKD 20, and HKD 125, respectively. Li Auto and Nio were rated as Hold

AASTOCKS·01/22/2026 11:58

AASTOCKS·01/22/2026 11:58

"Big Banks" UBS: The Chinese automotive industry aims for high growth, with exports and intelligence becoming the future keys

UBS pointed out at the 2026 Greater China Conference that the Chinese automotive industry has set a sales growth target of 19%, but faces challenges in domestic demand and profit margins. It recommends focusing on companies with advantages in overseas market expansion and intelligent technology. The export market has become a growth driver, with Great Wall Motor planning to export 600,000 vehicles in 2026, and the intelligent transformation driving industry change. UBS is optimistic about autonomous driving solution providers such as WeRide and Pony AI, as well as complete vehicle manufacturers like BYD and Great Wall Motor in the global market

AASTOCKS·01/21/2026 11:17

AASTOCKS·01/21/2026 11:17