top 10 best-selling BEV models (Q1 2025) and the quarterly sales trends for these models (Figure 3) are as follows: Rank Model name Brand Segment Sales volume (thousands units) 1 Model Y Tesla SUV (D segment) 204.8 2 Model 3 Tesla D 121.1 3 Wuling Hongguang MINI EV GM Group (Wuling) A 101.7 4 Seagull BYD Auto Co., Ltd. (BYD) A 98.5 5 Geely Xingyuan Geely Holding Group (Geely) B 89.2 6 Xiaomi SU7 Xiaomi Corporation D 75.9 7 XPeng...

Market & Tech Reports  Updated at: 2025/06/02

Auto Shanghai 2025: Geely, Chery Geely unveils AI-equipped flagship MPV; Chery premieres new QQ and Tiggo 9L concepts Summary Geely: AI-equipped four-wheel drive "Galaxy Battleship"; battery business integration Chery: New QQ and Tiggo 9L concepts, luxury SUV Exeed brand “Sterra Tianji” Zeekr launch event   Auto Shanghai 2025, officially known as the 21st Shanghai International Automobile Industry Exhibition, was held at the Nationa...

Market & Tech Reports  Updated at: 2025/05/30

vious month, but compared to the same month last year, there continues to be a significant increase. The market share of electric vehicles in April was 25.5%, up 4.6 points y/y, and up by 1.3 points m/m. Cumulative sales of electric vehicles in the January to April period increased 34.5% y/y to 4.947 million units, accounting for 23.8% of total vehicle sales volume for the period.   HV (hybrid vehicle) sales totaled 430,000 units in April, down ...

Market & Tech Reports  Updated at: 2025/05/26

      The following graph shows the transition of domestic sales share of electric vehicles in 12 major countries and 3 Nordic countries.   Sales volumes of electric vehicles by country (000 units) Country 2024 2025 Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. China 718 699 818 921 856 948 1,115 1,238 1,357 1,388 754 718 1,009 US 131 129 143 131 128 147 128 140 146 162 116 120 156 UK 75 34 39 52 42 26 83 46 5...

Market & Tech Reports  Updated at: 2025/04/25

nese New Year holidays in China, but last year there were fierce price wars in China, which led to a large drop in sales due to people refraining from purchasing, so sales actually increased significantly compared to the same month last year. The market share of electric vehicles in February was 22.7%, up 6.6 points year-over-year (y/y), but up by 0.1 points over the previous month. Cumulative sales of electric vehicles for the January to Februar...

Market & Tech Reports  Updated at: 2025/03/26

Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (January 2025) Electric vehicle sales in January increase 22.2% y/y to 1,075,000 units Share of electric vehicles (BEV/PHV/FCV) Electric vehicle (BEV/PHV/FCV) share and trends in each country Electric vehicles (BEV/PHV/FCV) sales trends of major manufacturers and sales composition by powertrain Passenger car sales trends in 12 major countries (including ICE and all other powertrains)   This re...

Market & Tech Reports  Updated at: 2025/02/26

of total vehicle sales volume. In 2024, both sales volume and growth rate exceeded the previous year. In particular, both BEVs and PHVs saw a significant increase in sales volumes in China, leading the overall growth.   Hybrid vehicle (HV) sales totaled 444,000 units in December. This represents a 7.7% decrease from the previous month, but a 13.2% increase compared to December 2023. In December, the market share of HVs was 7.2%. Cumulative sales...

Market & Tech Reports  Updated at: 2025/01/24

Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (November 2024) Electric vehicle sales in November increase 40.0% y/y to 1,750,000 units Share of electric vehicles (BEV/PHV/FCV) Electric vehicle (BEV/PHV/FCV) share and trends in each country Electric vehicles (BEV/PHV/FCV) sales trends of major manufacturers and sales composition by powertrain Passenger car sales trends in 12 major countries (including ICE and all other powertrains)   This ...

Market & Tech Reports  Updated at: 2024/12/27

Auto Guangzhou 2024: NEV Models from Chinese OEMs BYD, Geely, GAC, NIO Summary BYD: World premiere of Denza's flagship SUV, the N9 Geely: Showcasing a variety of models from the Galaxy Series, Lynk & Co, Livan, and more GAC Group: Debut of models by Aion, Trumpchi, and Hyptec NIO: Onvo family-oriented sub-brand   Auto Guangzhou 2024 (the 22nd Guangzhou International Motor Show) was held from November 15 to 24, 2024, at the China Import & Export ...

Market & Tech Reports  Updated at: 2024/12/06

Auto China 2024: Geely, Great Wall Motor World premier of Geely's flagship SUV; Great Wall Motor’s ORA brand unveils global strategy Summary Geely: World premiere of the Galaxy Starship SUV prototype; Lynk & Co's first EV sedan, the 07EM-P, available for pre-order Great Wall Motor (GWM): Exhibits Tank 700Hi4-T for the first time and announces ORA's overseas expansion plans Galaxy Starship prototype at Geely Auto’s booth   The 18th B...

Market & Tech Reports  Updated at: 2024/06/25