Maple Sales Data, Trends & Analysis for the Chinese Automotive Market
Maple is a new EV brand by Fengsheng Automotive, which is owned by Geely (78%) and Kandi Technologies Group (22%). The name comes fro Shanghai Maple, a brand that used to make various clones and semi-clones of the Citroen ZX and as acquired by Geely in 2002 but killed in 2010. The brand was relaunched in 2020 as an EV brand with the Maple 30X as its first model, which is the EV version of the Geely Vision X3 crossover. Its second model is the Maple 80V, the EV version of the Geely Jiaji MPV. Carsalesbase offers sales figures for the Maple 30X, 80V and any other car model produced and sold in China since the early 2000’s. Car sales statistics from China only include domestic production and exclude imported models.
Maple China Sales Figures & Recent Highlights
Maple Automobile was originally co-founded by Geely and Shanghai Maple Guorun Automobile Co., Ltd. in the early 2000s. Over the years, Geely took more control over the operations of Maple, and it has become one of the many sub-brands under the Geely conglomerate. In its early years, Maple primarily focused on producing affordable compact cars and sedans tailored for the domestic Chinese market. As the market evolved, so did the brand. With Geely’s push towards electrification and alternative energy solutions, Maple has transitioned into producing electric and hybrid vehicles.
Post-2020, Maple emphasized its electric vehicle (EV) lineup. This is in line with China’s aggressive push towards EVs and the broader global trend of electrification in the automotive industry. One of Maple’s notable EVs is the Maple 30x EV, an affordable compact electric SUV.
Maple’s strategy often revolves around offering cost-effective solutions. Their EVs, for example, tend to be more affordable compared to many competitors, making them appealing to a broader segment of the population, especially those looking for a budget-friendly entry into the EV market. This approach has given the brand an advantage in both urban and semi-urban regions of China.
Like any other brand in the Chinese automotive market, Maple faces intense competition. China’s EV market is especially crowded, with numerous domestic brands and foreign brands vying for market share. The challenges of ensuring quality, increasing range, and improving technology while keeping costs low are significant for Maple, as they are for other manufacturers in the segment. Being under the Geely umbrella provides Maple with several advantages. Geely’s resources, R&D capabilities, and established market presence can bolster Maple’s endeavors, especially as the brand navigates the complex landscape of electric mobility.
Maple Annual Sales, Growth and Market Share in China
Below we have a table that shows total Maple sales volumes for the Chinese automotive market, broken out by year. This data captures all Maple vehicle sales for the entire Chinese automotive market.
Year | Sales | YOY Change | Marketshare | Marketshare Change |
---|---|---|---|---|
2020 | 2,620 | 0.00 | 0.01 | 0.00 |
2021 | 8,283 | 216.15 | 0.04 | 65.78 |
2022 | 51,866 | 526.17 | 0.25 | 83.66 |
Maple China Annual Sales Units & Growth Chart
Below is a visual representation of Maple China sales units over time. We have both the Maple sales units and the market share in the Chinese market. Click on the items in the legend to see each series by itself.
Maple China Growth Rate & Market Share Chart
Below is the annual growth rate for the Maple brand in China, shown against the Maple’s marketshare changes in China. This gives you a good look into how Maple has faired against the other brands in terms of absolute sales and effect on marketshare. Click on the items in the legend to see each series by itself.
The Best-Selling Maple Cars & SUVs in China
COMING SOON
Sources: Manufacturers, ANDC, JATO Dynamics.