Chinese Car Market Sees Turbulence, Big Brands Face Challenges

The Chinese car market has been experiencing significant fluctuations in recent years, posing challenges for large automobile manufacturers. The term "naval dogfight" is often used to describe the transformation of major enterprises in this environment. However, as market direction becomes clearer and major transformations are imminent, it also signifies the unleashing of their full capabilities.

As the "Republic Automobile Industrial Heritage Child," China State Construction Engineering Corporation (CSCEC) has several brands under its umbrella, including Lifan, Geely, and Toyota, among others. This article focuses on Lifan and Geely to examine if they have completed their transformations and what new cars are expected in 2025.

Lifan and Geely 2024 Review

• Lifan's Sales Figures for 2024:
  • Total sales: 411,777 units
  • Same-year growth rate: 17.4%
  • New energy vehicle sales: 115,000 units
  • Same-year growth rate: 43.7%
  • Energy-efficient vehicle sales: 30,000 units (estimated)
• Geely's Sales Figures for 2024: Not available

Lifan's energy-efficient vehicles are expected to continue growing in popularity in 2025.

New Energy Vehicles Expected in 2025

1. Lifan's New Energy Vehicles
   • Red Flag 08: a pure-electric mid-sized SUV, launched in January 2024
   • Red Flag 06: a new energy vehicle released alongside the Red Flag 08 at the Guangzhou Motor Show
   • The Flagship 8: an electric version of the Flagship 90, with a single-engine layout

• Geely's New Energy Vehicles:
  • Not mentioned

Red Flags are expected to play a significant role in the new energy car market.

Geely and Lifan Anticipated for 2025

1. Geely Auto

   • Li Ling 07 will be launched in June of this year. As mentioned earlier, it will feature a new electric motor developed by Zhenjiang Jinma and a battery developed by China's state-owned automaker, BYD.

2. Lifan and Geely Anticipated for 2025

   • Red Flag 08
   • Red flag 06

Note that the release dates of these vehicles are approximate and may change based on manufacturer plans and other factors.

Lifan's energy-efficient vehicle lineup is expected to grow in popularity next year.