Motorcycle Export Pressure Increased While Domestic Sales of Big Models Grew
In March 2022, the production and sales of China’s motorcycle industry increased month-on-month, but declined year-on-year. From January to March, the cumulative production and sales decreased significantly. The overseas market pressure increased with an export decline year-on-year. In terms of fuel motorcycles, the domestic sales declined compared with the same period last year. Large displacement recreational motorcycles maintained growth, but electric motorcycles saw an obvious decline.
From January to March, the top 10 enterprises (groups) in sales of fuel motorcycles are Dachangjiang, Loncin, Zongshen, Yinxiang, Sundiro Honda, Wuyang-Honda, Dayang, Dayun, Qingqi Suzuki and Jianshe; The top 10 enterprises (groups) in electric motorcycle sales are Tailg, Yadea, Luyuan, Sunra, Zongshen , Huaihai, Jinyi, Bus New Energy, Loncin, and Shengjiang Hongqiang.
Motorcycle exports were affected in March by the pandemic and global geopolitical uncertainties. In March, China’s motorcycle exports rose month-on-month, with a significant year-on-year decline. From January to March, the cumulative decline in export expanded, but the export value still maintained growth due to the rising costs of raw materials and logistics. In the medium and long term, with the gradual recovery of overseas supply, and the slow recovery of global economy due to geopolitical conflicts, the costs of raw materials remain high, causing increasing pressure on China’s motorcycle export.
From January to March, the top ten enterprises in motorcycle export are: Loncin, Dachangjiang, Zongshen, Sundiro Honda, Yinxiang, Sanya, Tayo, Lifan, Dayun.and Sanyang.The above ten enterprises exported a total of 1,275,500 vehicles, accounting for 64.09% of the total motorcycle export, increasing 7 percentage points compared with the same period last year.
Looking at the domestic market, from March to April in 2022, many new products were launched:
*ARIIC released the Winter Olympics version ARIIC318 and the small retro model ARIIC 108 Gernma.
CFMOTO announced the domestic prices of the 250CL-X, 250SR Track Version MY22 and 450SR.
CYCLONE released two 400cc race-aping models RC401 and Rally RX401.
DAYANG’s 2022 scooter Matrix was released, including nine ADV scooters ranging from 110cc to 350cc.
Moto Morini released Seimmezzo 6½, including STR (road version) and SCR (Scrambler version).
QJMOTO announced the 400cc, 550cc and 600cc race-aping models.
VOGE unveiled the sporty retro model 350AC, the first luxury scooter SR4 Max and the Rally model DS525.
In addition, many traditional motorcycle enterprises started to enter the electric motorcycle field, opening the new process of electrification and intelligence, including *CFMOTO, Haojue, Linfan, Loncin,Qianjiang and Zongshen. The details can be found in the electric special report of this issue.
Although the pandemic still exists, domestic motorcycle and electric two-wheeler brands make continuous efforts, and the market competition is increasingly complicated. We hope they will grow stronger to promote the continuous development of China’s two-wheeler industry.
* The above companies are listed alphabetically in no particular order
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