According to statistics from the China Chamber of Commerce for Motorcycle (CCCM), in December, China’s motorcycle production and sales increased month-on-month and year-on-year, exports maintained a growth trend. Foreign trade exports continued to climb and hit a new high record . From January to December, the market demand for large-displacement recreational motorcycles was strong, maintaining a substantial growth trend, and the decline of electric motorcycles was more obvious. From the perspective of the overall industrial structure, the motorcycle product structure has been optimized significantly, and the industry was actively transforming to high-quality development, constantly upgrading and innovating, showing strong resilience and potential for development.

Production and sales Situation

In December, the industry produced and sold a total of 1.5424 million and 1.4931 million fuel motorcycles, increased 10.56% and 8.37% month-on-month, and increased 27.21% and 27.87% year-on-year. Electric motorcycle produced and sold 272,900 and 265,100, the output increased by 2.06%, down 1.5% month-on-month, down 3.16% and 1.14% year-on-year. In December, a total of 1.81554 million and 1.7582 million motorcycles were produced and sold, increased 9.19% and 6.75% month-on-month, and increased 21.48% and 22.45% year-on-year. Among them, the production and sales of two-wheel vehicles were 1.5739 million units and 1.5191 million units, increased 10.55% and 7.94% month-on-month, and increased 21.48% and 22.47% year-on-year. Large displacement recreational motorcycles (displacement >250cc, ) produced and sold 69,700 units and 67,700 units, increased 11.52% and 23.54% month-on-month, and increased 87.87% and 81.99% year-on-year. Three-wheel motorcycle produced and sold 241,500 units and 239,200 units, the output increased 1.09% month-on-month, the sales down 0.18% month-on-month, it generally increased 21.48% and 22.37% year-on-year.

From January to December, the top 10 fuel motorcycle sales companies (groups) were Dachangjiang , Loncin , Zongshen, Tayo, Sundiro-Honda, Haojin , Yinxiang, Dayang, Wuyang-Honda, Jiangmen Summit. These 10 enterprises sold a total of 9.2263 million motorcycles, accounting for 56.07% of the total sales of motorcycles.

From January to July, the top 10 electric motorcycle sales companies (groups) were Yadea Group(1.4295 million units), Zongshen(531,400 units), Luyuan(425.600 units), Sunra(267,700 units), Huaihai(203.500 units), Bus New Energy(177,000 units), Tailg(74,800 units), LOVOL (61,500 units), Loncin(59,900 units), and CFMOTO (57,700 units).

Export Situation

In December, China’s motorcycle foreign trade exports continued to grow, and the export volume increased significantly year-on-year and month-on-month. From January to December, the cumulative export volume of China’s motorcycle increased significantly.

In December, the export of motorcycles was 1.0535 million units, increased 10.67% month-on-month and 32.61% year-on-year with an exports value of $700 million, increased 15.81% month-on-month and 41.9% year-on-year. Among them, the export of second wheel motorcycles was 983,400 units, increased 8.54% month-on-month, and increased 32.1% year-on-year. Three-wheeled motorcycles were exported to 70,200 units, increased 52.83% month-on-month and increased 40.17% year-on-year. From January to December, the total export volume of motorcycle production enterprises was $8.831 billion, increased 25.15% year-on-year. The total vehicle export was 110.163 million units, increased 26.72% month-on-month, and the export was $6.981 billion, increased 23.8% year-on-year. Motorcycle engine exported 1.1493 million units, increased 21.89% year-on-year, the export value was $241 million, increased 19.41% year-on-year. The export of ATV was 487,300 units, increased 32.33% year-on-year. Motorcycle parts exports amounted to $401million, increased 16.49% year-on-year.

From January to December, the top 10 motorcycle exporting companies were: Loncin, Dachangjiang, Tayo, Haojin, Zongshen, Yinxiang, JIANGMEN SUMMIT , Sundiro-Honda, Lifan, and RATO. The above 10 companies exported a total of 6.6593 million units, accounting for 60.45% of total motorcycle exports.

Source: CCCM