Motorcycle Production and Sales Rise Slightly in China in 2024, with Electric Motorcycles Declining

Published: Jan 16, 2025 10:56

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【Motorcycle Production and Sales Both Increased in China in 2024】
According to data from the China Chamber of Commerce for Motorcycles, in 2024, China's motorcycle industry performed well overall, achieving a slight increase in production and sales. Foreign trade exports continued to rise, reaching a new historical high. From January to December 2024, the industry produced and sold 16.5645 million and 16.4562 million fuel-powered motorcycles, respectively (up 13.86% and 12.99% YoY). Electric motorcycle production and sales reached 3.4063 million and 3.4666 million units, respectively (down 35.32% and 27.96% YoY).

From January to December 2024, a total of 19.9708 million motorcycles were produced and 19.9228 million were sold, with production and sales up 0.79% and 2.82% YoY, respectively. During the same period, the total export value of products from motorcycle producers reached $8.831 billion, up 25.15% YoY.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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