Thanks to China, the Russian car market, despite the sanctions, is not left without new products: literally every month new models of Chinese brands debut here. Specialists from the AUTOSTAT agency have calculated what other cars from China will appear before the end of this year. According to our estimates, for the remaining 5 months, 46 new models (including 13 electric vehicles) from 20 Chinese brands are promised to appear in Russia*.
We should note that we did not take into account the massive variety of products that are imported into our country through parallel imports. We are talking only about brands and sub-brands that are officially presented in Russia and have their own dealer networks. For comparison: for the first 6 months of 2023, the premieres of 30 models from 14 Chinese brands (among which 3 electric vehicles) were recorded in our market. Then July continued the trend: about ten more new products launched this month.
A simple comparison of figures clearly demonstrates that Russians’ familiarity with the Chinese automobile industry will not only continue in the remaining 5 months, but will also "intensify" several times. We also note that in the statistics of expected new products we did not take into account at least six more new brands and sub-brands that have officially announced that they will soon come to Russia with individual models or even with an entire line. These are the brands Aito and LiXiang (announced their arrival in September), Luxeed (Chery was registered in the Rosstandart database quite recently), JAECOO (from the press service of OMODA - should appear in September), sub-brands ORA and WEY (will launch lines of electric models and hybrid crossovers GWM in Russia before the end of this year).
All that remains is to place bets: will the number of Chinese new products launched in the Russian market reach the beautiful figure of 100 by the end of 2023? * Information provided as of August 17th, 2023.
