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

e platforms. By incorporating vehicle-side requirements from an early stage and standardizing mounting points while optimizing packaging, a high degree of flexibility in platform deployment has been achieved. The completed system has already been adopted as the rear drive unit of the Lynk & Co 900 (PHEV) and has been introduced to the market as a high-output electric rear axle for large PHEVs. Joint development in collaboration with OEMs...

Market & Tech Reports  Updated at: 2026/03/06

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

ojects, including EVs and chips (October 20, 2025)https://www.marklines.com/en/news/334445 BMW Thailand plans CKD EVs in 2025, prepares iX3 Neue Klasse for 2026 (October 14, 2025)https://www.marklines.com/en/news/334152 Chery Thailand Grand Premiere held in Bangkok: launch of V23 EV and Tiggo 8 CSH PHEV (October 1, 2025)https://www.marklines.com/en/news/333600 Malaysia TQ WULING makes debut with Malaysia-assembled Bingo compact e-hatchback (Decem...

Market & Tech Reports  Updated at: 2026/02/20

place. Conversely, sales by the German OEMs fell 7.7% y/y to 3.703 million units, with all three major automakers reporting y/y declines. Japanese OEMs also saw a 6.3% decline in sales volume to 2.929 million units, dropping their market share below 10%.   Sales of New Energy Vehicles (NEVs: BEVs, PHEVs, FCEVs) in 2025 were up 28.2% y/y to 16.490 million units, accounting for approximately 47.9% of new car sales. Among these, sales of BEVs grew ...

Market & Tech Reports  Updated at: 2026/02/19

ou understand the specific characteristics of Perceived quality and further strengthen product competitiveness by explaining examples of interior and exterior parts related to appearance and looks, further clarifying the existence of Perceived quality.   The interior of the ultra-luxury off-road PHEV SUV U8 from BYD's luxury sub-brand Yangwang was targeted for study. The Yangwang U8 uses the e4 platform, in which all four wheels are driven wit...

Market & Tech Reports  Updated at: 2026/02/13

15% y/y; production of joint venture brands fell by 15% y/y; and production of domestic brands fell by 4% y/y. New Energy Vehicles (NEVs) In January, wholesale volumes of new energy passenger cars totaled 864,000 units, down 3.3% y/y. Specifically, BEV volumes totaled 507,000 units, down 3.0% y/y; PHEV volumes totaled 278,000 units, down 6.3% y/y; REEV volumes totaled 79,000 units, up 6.7% y/y; and ICE-powered hybrid passenger vehicle volumes to...

Market & Tech Reports  Updated at: 2026/02/13

kuta: 2-in-1 powertrain for light commercial vehicles, 3-in-1 powertrain for light commercial vehicles   Fukuta Elec. & Mach. Co., Ltd. (Fukuta), a Taiwanese motor supplier, has a track record in supplying motor parts such as motor cores for Tesla's BEVs and 7-in-1 e-Axle for Mazda's rotary engine PHEV MX-30 e-SKYACTIV R-EV. However, at this Expo, the company exhibited 2-in-1 and 3-in-1 powertrains for light-duty commercial BEVs.   The light co...

Market & Tech Reports  Updated at: 2026/02/13

tric 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: Accelerating overseas expansion, Top global sales share Electrified vehicle (BEV, PHV, FCV) sales in 15 major countries* surpassed 18 million units in 2025, up 18% from the previous year and setting a record high. Of these, China a...

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

da: CR-V e:HEV (HuNT Series) Isuzu: D-MAX X-SERIES BMW: iX xDrive45 M Sport (LCI), iX1 eDrive20L M Sport MINI: Cooper SE, Aceman SE Mercedes-Benz: CLA Hyundai: Santa Fe XRT Concept NEX Point: NEX VANTASTIC (commercial EVs, EV tractors, BEV pickups) Ford: Ranger, Everest (custom colors) Volvo: XC60 (PHEV), ES90 (BEV) Tesla: Model 3, Model Y, humanoid robot Optimus 2 Audi, Jeep, Kia, Porsche Motorcycle manufacturers’ booths   From November 29 to...

Market & Tech Reports  Updated at: 2026/01/27

Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (December 2025) Electric vehicle sales in December decrease 2.6% y/y to 1,768,000 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) About this...

Market & Tech Reports  Updated at: 2026/01/26

sons for their revival is the success of modern range-extenders basis in China, where there has recently been strong growth in so-called EREVs (Electric Range-extended Vehicles) or REEVs (Range-extended Electric Vehicles) [1].   There is no clear dividing line between REEVs and plug-in hybrids, or PHEVs. Strictly speaking, a REEV is a PHEV with a purely serial hybrid configuration. The Chinese standard GB/T 19596-2017 [2] defines a REEV as an el...

Market & Tech Reports  Updated at: 2026/01/19

Thailand International Motor Expo 2025 (1) Chinese Manufacturers Changan, BYD, Chery, DFSK, GAC, Geely, GWM, Leapmotor, SAIC, XPeng Summary Changan: Premium SUV "AVATR 07," "DEEPAL S05 Max Long Range" BYD: Off-road SUV "Denza B5," Urban SUV "BYD TI7" Chery: Electric SUV "Chery V23 Retrocube Edition," 7-seater SUV "TIGGO 8 CSH PHEV" Omoda & Jaecoo: Multi-purpose SUV "Jaecoo 6T EV," Humanoid Robot "Mornine" DFSK (Seres Group): Mid-size SUV "E5 Plus...

Market & Tech Reports  Updated at: 2026/01/16

c characteristics of Perceived quality and further strengthen product competitiveness by explaining examples of interior and exterior parts related to appearance and looks, further clarifying the existence of Perceived quality.   For this teardown study, the interior of the ultra-luxury off-road PHEV SUV U8 from BYD's luxury sub-brand Yangwang was targeted. The Yangwang U8 uses the e4 platform, in which all four wheels are driven with four ind...

Market & Tech Reports  Updated at: 2026/01/15

ction of domestic brands fell by 1% y/y. New Energy Vehicles (NEVs) In December, wholesale volumes of new energy passenger cars totaled 1.563 million units, up 3.3% y/y. Specifically, battery electric vehicle (BEV) volumes totaled 940,000 units, up 5.8% y/y; plug-in hybrid electric vehicle (PHEV) volumes totaled 476,000 units, down 3.8% y/y; range-extended electric vehicle (REEV) volumes totaled 147,000 units, up 13.4% y/y; and I...

Market & Tech Reports  Updated at: 2026/01/13