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SAIC-GM-Wuling boasts 58.9% YoY surge in Jan. 2025 new energy vehicle sales

Monika From Gasgoo| February 06 , 2025

Shanghai (Gasgoo)- On February 6, SAIC-GM-Wuling ("SGMW") released its January 2025 sales data, reporting a global total of 106,818 vehicles—an 18.2% increase year-on-year. Notably, new energy vehicle (NEV) sales surged to 55,413 units, up 58.9% from the previous year, underscoring the company's strong momentum in the NEV sector.

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Photo credit: SGMW

Among its brands and product ranges, the Wuling Silver Badge achieved notable results with 49,909 units sold in January, marking a 24.7% year-on-year jump. 

In terms of specific models, the Hongguang MINIEV family recorded January sales of 24,924 units—a 106.2% spike year-on-year. The Bingo family reached 15,132 units in monthly sales, up 79.7% over a year earlier, while the Xingguang family recorded sales of 5,102 vehicles during the month.

January also marked a significant milestone as SGMW rolled off its 30 millionth vehicle. NEVs have played a pivotal role in the company’s transformation, with cumulative NEV sales surpassing 2.4 million units by the end of 2024. In that year alone, 800,000 NEVs were sold—accounting for over 50% of total sales and a 63% year-on-year hike. Strong growth in overseas markets has also contributed to this milestone. In 2024, the company exported 225,000 units/sets, reaching a cumulative export total of 1.158 million units/sets.

Additionally, on January 6 this year, SGMW signed a strategic cooperation agreement with Mansour Group and ASAKA Motors for the business development in Uzbekistan market, marking its official entry into Central Asia.

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