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

Publicado: Jan 16, 2025 10:56

【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.

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【Motorcycle Production and Sales Both Increased in China in 2024】 Ac - Shanghai Metals Market (SMM)