Y BEV maintains the top position, but the rest of the top spots are dominated by HEV models from Japanese automakers, including the Toyota Camry, RAV4, and Sienna, and the Honda CR-V. Compared with 2023, sales volumes in 2025 show that HEV models have been on an upward trend. Top 10 xEV (HEV/MHEV/PHEV/BEV) models by sales volume in the U.S. (2023/2025) The table can be scrolled left and right 2023 2025 1 BEV Tesla Model Y 386,000 1 BEV T...

Market & Tech Reports  Updated at: 2026/05/19

Auto China 2026: Japanese and Korean OEMs Nissan, Toyota, Honda, Mazda, and Hyundai electrified vehicles Summary Nissan: World premiere of two new PHEV concept cars Toyota: Leveraging technologies from Huawei, Momenta, and others to accelerate localization at China speed Honda: Promoting the Honda brand across a wide range of products, including motorcycles Mazda: Unveils Year of the Horse Edition of its second NEV model, the EZ-60 Hyundai: IONIQ...

Market & Tech Reports  Updated at: 2026/05/14

; and production of domestic brands rose by 3% y/y. New Energy Vehicles (NEVs) In April, wholesale volumes of new energy passenger cars totaled 1.225 million units, up 7.5% y/y. Specifically, battery electric vehicle (BEV) volumes totaled 776,000 units, up 7.0% y/y; plug-in hybrid electric vehicle (PHEV) volumes totaled 362,000 units, up 13.7% y/y; range-extended electric vehicle (REEV) volumes totaled 87,000 units, down 9.1% y/y; and ICE-powered...

Market & Tech Reports  Updated at: 2026/05/13

ry electric vehicles) increased significantly, up 68.4% compared to the previous year, to 243,000 units. For the fiscal year ended March 2027, Toyota forecasts electrified vehicle (xEV) sales to increase by 18.2% year-over-year to 5,956,000 units, consisting of 5,071,000 HEVs (up 9.8% y/y), 286,000 PHEVs (up 63.4% y/y), and 598,000 BEVs (up 146.1% y/y). The proportion of electrified vehicles is expected to rise by 8.6 percentage points year-over-...

Market & Tech Reports  Updated at: 2026/05/12

W JoyEE". FAW plans to launch seven models in the Chinese market over the next few years, focusing on AI large-scale models, smart cockpits, and advanced driver assistance technologies. FAW Hongqi's Lingxi cockpit connects with Alibaba's AI agent “Qwen”. It was first installed in the Hongqi HS6 PHEV SUV, enabling multi-semantic recognition and complex route guidance inside the vehicle. The industry's first "ultra-high energy density lithium-r...

Market & Tech Reports  Updated at: 2026/05/11

nd higher energy costs may temper demand despite increased EV interest linked to geopolitical tensions. Spain’s PV market stayed strong in April 2026, with registrations up 8.5% YoY to 107k units, taking YTD volume to 407k (+7.8% vs 2025). Growth is being driven by electrification —BEV+PHEV registrations rose 42.5% YoY — alongside improved financing deals and intensifying competition from new entrants, which is boosting discounting...

Market & Tech Reports  Updated at: 2026/05/08

display to enhance usability and focus. Power comes from a 2.5-liter hybrid system tuned for efficiency and balanced performance, complemented by Lexus Safety System+ 3.0 for advanced driver assistance.   The booth also highlighted Lexus' multi-powertrain strategy, covering pure ICE, BEV, HEV, and PHEV models across its lineup. New Lexus IS300h F Sport New Lexus IS300h Luxury New Lexus IS300h (F Sport)'s interior New Lexu...

Market & Tech Reports  Updated at: 2026/05/08

t) Geely EX2 (specially decorated unit) ZEEKR   The ZEEKR booth presented a luxury, technology-focused lineup under the “Zignature Sanctuary” concept, highlighting the brand’s integration of advanced engineering and premium design.   The standout display was the left-hand-drive ZEEKR 9X PHEV SUV, developed on a 900V architecture and powered by a tri-motor system producing up to 1,030 kW. It delivers a 380 km pure electric range and a ...

Market & Tech Reports  Updated at: 2026/04/30

Electrified Vehicle (xEV) Sales Monthly Report (March 2026) HEVs remain strong amid high fuel prices; BEVs and PHEVs see growth driven by Chinese OEMs 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 o...

Market & Tech Reports  Updated at: 2026/04/27

econd group.   The changes in the powertrain configurations of these five companies are closely linked to their monthly sales and product launch timings. As shown in the figure below, from 2023 to 2024, the strong performance of Li Auto’s range extender EVs supported the market share of PHEVs. Subsequently, from the second half of 2024 to 2025, new BEV models such as the Xiaomi SU7 and the XPeng MONA M03 were record-breaking hits, lea...

Market & Tech Reports  Updated at: 2026/04/20

a ICE 6 FWD Demio, Axela, CX-3, CX-30, CX-5, MX-30 RWD Roadster 8 FWD CX-60, CX-80 Compiled from the catalogs for each vehicle. ① Does not include OEM-consignment models. ② Does not include automatic transmissions with auxiliary gearboxes. ③ MHEVs are included in the ICE category. ➃ PHEVs are included in the HEV category. ⑤ HEV refers to FHEV and PHEV.   Since Nissan commercial vehicles have not undergone model changes for man...

Market & Tech Reports  Updated at: 2026/04/17

25. Ford - The "Ranger Tremor" off-road package has been added to the lineup of mid-size pickup trucks produced at the Pacheco Plant in Argentina. Production is scheduled to begin at the end of 2026 with the aim of supplying the South American market.- Ford plans to begin production of the Ranger PHEV mid-size pickup truck at the Pacheco Plant in 2027. Ford announced an additional investment of USD 170 million in the project, which will be allo...

Market & Tech Reports  Updated at: 2026/04/13

uction of domestic brands fell by 5% y/y. New Energy Vehicles (NEVs) In March, wholesale volumes of new energy passenger cars totaled 1.144 million units, up 1.1% y/y. Specifically, battery electric vehicle (BEV) volumes totaled 695,000 units, down 2.0% y/y; plug-in hybrid electric vehicle (PHEV) volumes totaled 352,000 units, up 6.1% y/y; range-extended electric vehicle (REEV) volumes totaled 96,000 units, up 7.7% y/y; and ICE-p...

Market & Tech Reports  Updated at: 2026/04/10

3 mn units/year, down 0.2% MoM. YTD sales stand at 485k units (+9.2% YoY). The Italian market continues to see promising sales volumes as the market has benefited from orders fueled by the MASE incentives from the end of 2025. Alternative drives saw a strong uptake as BEV sales were up 72.1%, while PHEV sales were up 100.7%. The table can be scrolled left and right. Sales (units) Selling rate (Units/year) Mar2026 Mar2025 Percentchange ...

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

for passenger cars and light commercial vehicles (LCVs) by fuel type: flex-fuel vehicles fell 3.5% y/y to 1,897,593 units, diesel vehicles increased by 6.0% to 254,909 units, gasoline vehicles increased by 11.7% to 114,263 units, HEVs (hybrid electric vehicles) increased by 105.5% to 109,819 units, PHEVs (plug-in hybrid electric vehicles) increased by 52.7% to 95,236 units, and BEVs (battery electric vehicles) increased by 30.4% to 80,381 units. ...

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

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

had separate booths for each brand. Last year, there was a booth dedicated to the Omoda brand, but this year there was no Omoda brand exhibit. The model previously sold as the Omoda 5 was displayed as the new C5 CSH model. Unlike other CSH (Chery Super Hybrid) models, the C5's CSH is an HEV, not a PHEV.   In addition to the C5 CSH, eight models were exhibited as the Chery brand: the Chery X, Chery E5, J6 T, J6 E-Cube, Tiggo Cross CSH, Tiggo 8, ...

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

and price competition in the Chinese market. However, by strengthening cooperation with joint venture (JV) partners and introducing BEVs (battery electric vehicles) tailored to local needs, there have been signs of a recovery in sales volume since 2025.   With China's NEV (New Energy Vehicle: BEV, PHEV, FCEV) policy and consumer-oriented approach emphasizing "electrification," "intelligence," "unique Chinese design," and "competitive pricing" in...

Market & Tech Reports  Updated at: 2026/03/17

d production of domestic brands fell by 22% y/y. New Energy Vehicles (NEVs) In February, wholesale volumes of new energy passenger cars totaled 723,000 units, down 13.1% y/y. Specifically, battery electric vehicle (BEV) volumes totaled 421,000 units, down 12.2% y/y; plug-in hybrid electric vehicle (PHEV) volumes totaled 246,000 units, down 12.9% y/y; range-extended electric vehicle (REEV) volumes totaled 55,000 units, down 20.1% y/y; and ICE-powe...

Market & Tech Reports  Updated at: 2026/03/16

e vehicle. The charging wire harness was a combination type with DC fast charging and AC standard charging for CCS2 for Europe and NACS for Tesla users, and was not compatible with CHAdeMO. Yazaki also had a full lineup of charging inlets, which serve as the vehicle-side connection points for BEV/PHEV charging systems. At the expo, the company exhibited fast charging inlets that comply with global standards other than GB/T, which are sold in Ja...

Market & Tech Reports  Updated at: 2026/03/10