GlobalData European Passenger Car Sales Update (March 2026) Easter Timing and Surging BEV Demand Lift March Results Summary Commentary In March, nearly every market across Western Europe saw robust growth in passenger vehicles (PV) sales as registrations were up 10.0% year-on-year (YoY) to 1.42 mn units. The selling rate fell to 12.2 mn units/year, while year-to-date (YTD) sales currently stand at 3.1 mn units, up nearly 4% compared to the first...

Market & Tech Reports  Updated at: 2026/04/09

Electric Two-wheelers in India: Sales Trends and Policy Market Maturity, Drivers of Adoption, Performance by OEM, and Import/Export Analysis Summary Classification of Electric Two-wheelers Current Status and Forecast of India’s Electric Two-wheeler Market Electric Two-wheeler Sales Performance (Q1-Q3, FY2025-26) Electric Two-wheeler Sales Performance (FY2024-25) Analysis of Electric Two-wheeler Registration Volume by State Trends in Electric Tw...

Market & Tech Reports  Updated at: 2026/04/08

ite work can be improved by linking with XR."   Generalizing the benefits (value) of digital twins, Data Collection (collecting and accumulating in-vehicle and external driving data) → Simulation (predicting the stress on each component based on data acquired in a virtual environment for future forecasting) → improved work efficiency through Visualization (visualizing inspection points using XR devices for efficient operation). (Figure 11) ...

Market & Tech Reports  Updated at: 2026/03/30

Electrified Vehicle (xEV) Sales Monthly Report (February 2026) Slowdown in BEV and PHEV sales in Chinese market, creating a mix of recovery hopes and uncertainty Global electrified vehicle sales and composition by powertrain (BEV/PHEV/HEV) Trends in sales volume and share of electrified vehicles (xEVs) in major countries and new car sales trends by country Trend in sales volume of electrified vehicles (xEVs) of major OEMs About this Report ...

Market & Tech Reports  Updated at: 2026/03/27

GlobalData Global Light Vehicle Sales Update (February 2026) Global sales declined by 8.5%, 6.04 mn units and the selling rate improved to 86.6 mn units/year Summary Commentary For February, the Global Light Vehicle (LV) selling rate improved modestly to 86.6 mn units/year, on what was a weak start to 2026. In year-on-year (YoY) terms, the market declined 8.5% YoY due to a second consecutive sharp contraction in the Chinese PV market as sales to...

Market & Tech Reports  Updated at: 2026/03/24

GlobalData European Passenger Car Sales Update (February 2026) February growth held back by France; 2026 outlook tempered by energy-market risks Summary Commentary In February, results across much of Western Europe were positive, although a sharp contraction in France acted as a significant headwind and weighed on overall regional growth. Sales grew 1.4% YoY to 865k units. The selling rate improved to 12.8 mn units/year. Year-to-date (YTD) sales...

Market & Tech Reports  Updated at: 2026/03/09

Electrified Vehicle (xEV) Sales Monthly Report (January 2026) Changing subsidies, changing markets: A new phase of xEV demand Global electrified vehicle sales and composition by powertrain (BEV/PHEV/HEV) Trends in sales volume and share of electrified vehicles (xEVs) in major countries and new car sales trends by country Trend in sales volume of electrified vehicles (xEVs) of major OEMs About this Report   Sales of electrified vehicles (x...

Market & Tech Reports  Updated at: 2026/03/03

Chinese OEMs Dominate BEV Market in Thailand with Over 20% Share Rapid growth of NEVs, expanding product lineup from SUVs to pickup trucks Summary Chinese vehicle sales grow 5.2 times in 5 years Analysis of sales volume by OEM: Chinese OEMs enter Top 5, Japanese OEM volume shrinks NEV Ranking: Chinese OEMs lead the way in BEVs and PHEVs Product trends: From compact EVs to a full-scale product lineup Switching from exporting Chinese-made models to...

Market & Tech Reports  Updated at: 2026/02/24

GlobalData Global Light Vehicle Sales Update (January 2026) Global sales was down by 2.0%, 6.63mn units and the selling rate was 81mn units/year Summary Commentary For January, the Global Light Vehicle (LV) selling rate fell sharply to 81 mn units/year due to a steep contraction in the Chinese PV market. In year-on-year (YoY) terms, the market declined 2.0% as sales totaled 6.6 mn units globally. For the first time in an extended period, the US,...

Market & Tech Reports  Updated at: 2026/02/24

GlobalData European Passenger Car Sales Update (January 2026) Modest start to 2026 after recent months of improvement Summary Commentary In January 2026, the Western European PV market contracted for the first time in seven months. Sales declined 2.8% YoY to around 859k units. The seasonally adjusted selling rate fell sharply from December 2025’s peak of 13.4 mn units/year to 11.3 mn units/year in January. However, GlobalData continues to fore...

Market & Tech Reports  Updated at: 2026/02/09

BEV Sales Continue to Grow; Chinese OEMs Show Rapid Progress Electric vehicle sales up 18% in 2025, Chinese OEMs accelerating overseas expansion Summary Electrified vehicle market (12 major countries and 3 Nordic countries) Electric vehicle sales in major countries: Impact of incentives Electrified vehicle OEM rankings (2025 sales volumes) BEV sales trends of Chinese OEMs: Price competition and export expansion Breakthrough by Chinese OEMs: Accel...

Market & Tech Reports  Updated at: 2026/02/09

Global Top 10 Countries Sales Forecast (Q4 2025) Global sales to increase 3.8% to 92.13M units in 2025, and 1.7% to 93.74M units in 2026 Summary Commentary by GlobalData ⋆An updated version of this forecast report will be released every quarter-According to a report by GlobalData as of Q4 2025, global light vehicle sales are forecast to increase by 3.8% YoY to 92.13 mn. -The global LV market has performed well in 2025, not only by comparison to...

Market & Tech Reports  Updated at: 2026/01/30

Global Top 10 OEMs Production Forecast (Q4 2025) Global production to reach 93.35M units in 2025, 95.03M units in 2026 Summary Commentary by GlobalData ⋆An updated version of this forecast report will be released every quarter -According to a report by GlobalData as of Q4 2025, global light vehicle production in 2025 is estimated to increase by 3.3% YoY to 93.35M mn.-For production, a stronger demand environment underpins the 1.2 mn annual aver...

Market & Tech Reports  Updated at: 2026/01/30

GlobalData Global Light Vehicle Sales Update (December 2025) Summary Commentary For December, the Global Light Vehicle (LV) selling rate fell to 93 mn units/year; with this mainly being attributed to a deceleration in the Chinese PV market. In year-on-year (YoY) terms, the market fell 2.5% as sales totaled 8.4 mn units globally. Overall, 2025 finished with 91.9 mn units sold, up around 3.6% from 2024’s result. The US, Western Europe, and Chin...

Market & Tech Reports  Updated at: 2026/01/21

Tesla: Struggling with Slowing U.S. BEV Demand and Intensifying Competition in China GlobalData sales forecast: Gradual decline from 1.6 million units; promotion of Robotaxi business Summary GlobalData Sales Forecast: Tesla sales will decline, but recover around 2030 with the launch of a low-cost model Sales trends: Model Y and Model 3 account for over 95% of total sales Production trends: Production ramp-up slows down from 2024 U.S.: BEV sales s...

Market & Tech Reports  Updated at: 2026/01/14

GlobalData European Passenger Car Sales Update (December 2025) Summary Commentary For December 2025, the Western European PV market grew for a sixth consecutive month. Sales were up 6% YoY, with a total circa 1 mn units. 2025 sales finished with a total of 11.8 mn units for the year (+2% YoY), which is well above our earlier-in-the-year expectations, when the market was posting YoY declines and there were major concerns over global trade tensio...

Market & Tech Reports  Updated at: 2026/01/08

Mini vehicles gaining attention in U.S. and Europe Japanese Kei cars and A-segment vehicle market trends in China and India Summary Global sales of minicars (A-segment) Minicar standards Japan China India   U.S. President Donald Trump has expressed his intention to produce and sell Japanese kei cars in the United States, and the EU is currently reviewing its small EV standards and protection of domestic production, using Japanese kei vehicles a...

Market & Tech Reports  Updated at: 2025/12/26

Energy revolution and automobile development   In 2025, China's new energy technologies of the 1.0 era have come to an end, an era in which individual new energy items such as electric vehicles and energy systems were developed, and have entered the 2.0 stage, in which reforms to the electricity market are progressing and multiple new energy technologies are being integrated and developed. The next five years will be a key period for breakthro...

Market & Tech Reports  Updated at: 2025/12/23

GlobalData Global Light Vehicle Sales Update (November 2025) Summary Commentary For November, the Global Light Vehicle (LV) selling rate remained strong, at 95 mn units/year, only slightly below October’s result. In year-on-year (YoY) terms, the market fell 2% as sales totaled 8.1 mn units globally. Year-to-date (YTD), 83.6 mn vehicles have been sold, up 4% from the same period in 2024. The key markets of the US, Western Europe, and China saw...

Market & Tech Reports  Updated at: 2025/12/19

SAE China 2025: Technology Roadmap 3.0 for Energy Saving and NEVs By 2040, over 80% of sales to be NEVs; smart connected cars will reach L4 Summary China's automotive industry targets for 2040 Industry-wide technology Roadmap classifications Energy-efficient vehicles: Approx. 30% of passenger car sales in 2040 NEV: Market penetration rate will be over 85% in 2040, of which BEVs will account for 80% Intelligent Connected Cars: Towards full deploym...

Market & Tech Reports  Updated at: 2025/11/27