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

025 (1) Chinese OEMs (Apr. 2025)Indonesia International Motor Show 2025 (IIMS 2025) (Mar. 2025)ASEAN Vehicle Sales and Production Update (Q4 2024) (Feb. 2025)   2025 Q1 ASEAN Countries Sales Comparison (units) Country Mar. 2025 Mar. 2024 Y-o-Y Jan.-Mar.2025 Jan.-Mar.2024 Y-o-Y Thailand 55,798 56,099 -0.5% 153,193 163,756 -6.5% Indonesia 70,892 74,720 -5.1% 205,160 215,250 -4.7% Malaysia 72,704 71,199 2.1% 188,122 203,137 -7.4% Phi...

Market & Tech Reports  Updated at: 2025/05/21

together for the first time BYD's booth   Auto Shanghai 2025, officially known as the 21st Shanghai International Automobile Industry Exhibition, was held at the National Exhibition and Convention Center (Shanghai). April 23 and 24 were press days, April 25-26 were trader days, and April 27-May 2 were days open to the public. Nearly 1,000 companies from 26 countries and regions exhibited, and more than 100 all-new models were unveiled f...

Market & Tech Reports  Updated at: 2025/05/14

lants in Thailand Thai production in 2025 is expected to increase 2% year-over-year to 1.5 million units (FTI forecast) Thailand's domestic market: 1-ton pickup truck sales down 38% GlobalData Production Forecast: Thai production expected to be 1.82 million units in 2028 BYD’s mid-size SUV, Sealion 6 DM-i (Unveiled at the Bangkok International Motor Show in March 2025) The Thai government has set a policy of making electric vehicles (...

Market & Tech Reports  Updated at: 2025/05/12

      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

case BMW Motorrad, Harley-Davidson, Thai Honda, Kawasaki, Royal Enfield, Suzuki, Strom, Triumph, Yadea, Yamaha, and more.   Some of the key highlight models at the show include the Toyota Yaris Ativ HEV, BYD Shark 6, Deepal S05, MG IM6, AION UT, Nissan Serena e-Power, Mitsubishi Xforce HEV, Jaecoo 7 SHS PHEV, Isuzu TFR Dragonmax, Omoda C9, and Mazda 6e, etc.   The 46th BIMS is projected to achieve a 10% increase in revenue compared to the previ...

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

Indonesia International Motor Show 2025 (IIMS 2025) Chinese OEMs, Japanese OEMS, Hyundai, VinFast exhibits; charging network Summary Wuling: Top in local EV sales with launch of Air EV and Cloud EV BYD: Promoting the Sealion 7, local plant to start production in January 2026 GAC Aion: Aion V debut Chery: Unveiling Tiggo, Jaecoo, Omoda, and Jetour electric vehicles Geely: Re-entering the Indonesian market with CKD production of the EX5 Honri: Maki...

Market & Tech Reports  Updated at: 2025/03/31

units, with Chery leading the way 2024 vehicle sales (factory shipments) by major group in China   For the full year of 2024, new vehicle sales in the Chinese market increased by 4.5% to 31.436 million units (based on factory shipments, including exports), with SUV models accounting for 47% of the total. In terms of sales volume by group, BYD posted a significant increase and took the top spot, surpassing the SAIC Group.   Chinese OEM...

Market & Tech Reports  Updated at: 2025/02/19

BYD: Sales Leader in Chinese Market, Accelerating Overseas Expansion 2024 sales volume 9 times higher than 2019 Summary 2024 Sales: Top in China with 4.272 million units, up 41.3% y/y; most are D-segment vehicles Product trends: Expansion of models and accelerating overseas expansion of each brand Core technologies: Promoting BEVs and PHVs, and deepening development capabilities for electrification and smart vehicles Manufacturing sites: Expanded...

Market & Tech Reports  Updated at: 2025/02/18

xpo Motor Show 2025 Maruti Suzuki India Limited (MSIL): e VITARA, and electric ecosystem "e For Me" Hyundai Motor India Limited (HMIL): CRETA Electric, and last-mile mobility in partnership with TVS Tata Motors: Avinya X Concept, and flex fuel engine Vinfast: Debut in India by launching VF 6 and VF 7 electric vehicles Kia India: New EV6, and Syros sub-compact SUV BYD India: Sealion 7 electric SUV, Sealion 6 PHEV, and Yangwang U8 luxury SUV Isuzu ...

Market & Tech Reports  Updated at: 2025/02/13

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

Thailand International Motor Expo 2024 (1) Chinese OEMs Chery, Changan, Geely, SAIC, GAC, BYD, and others Summary Chery: Omoda and Jaecoo brand electrified vehicle lineup Changan: Deepal and Avatr e-SUVs and REEV pickup truck Geely EX5 and Zeekr 7X e-SUVs and RIDDARA electric pickup truck SAIC: IM Motors intelligent e-SUV, and Wuling brand compact EVs GAC: Aion V e-SUV and HYPTEC SSR BEV sports car BYD: Denza D9 luxury e-MPV, Sealion 7 e-SUV, SHA...

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

e launched in Europe in 2024-2025 Passenger car sales: 10.82 million units for January-October 2024, same level as last year Passenger car production: 1.3% decline to 11.6 million units for January-October 2024 Sales Forecast by GlobalData: Western European sales to reach 14.54 million units in 2027 Sales of EVs in Europe Leapmotor T03 (A-segment EV) being distributed by the joint venture between Stellantis and Leapmotor (Source: Leapmoto...

Market & Tech Reports  Updated at: 2024/12/25

Paris Motor Show 2024: BEV HMIs Renault, Peugeot, Kia, AITO, BYD, XPeng, etc. Summary HMI trends at the Paris Motor Show 2024 Renault 4 E-Tech Electric and 5 E-Tech Electric Peugeot E-3008 / Citroen e-C3 Dacia Bigster Audi's new-generation HMI Alfa Romeo Junior Cadillac (GM) Optiq Kia EV3 AITO M9 BYD Sealion 7 XPeng G9 GAC Aion HYPTEC HT Hongqi EHS7 Dongfeng Forthing S7 Skyworth Auto Skyworth Y View of the motor show venue Renault ...

Market & Tech Reports  Updated at: 2024/12/04

f Norway, Sweden, and Finland (15 countries in total) reached 1.606 million units in October. This represents a large year-over year (y/y) increase of 43.1% and a 6.2% month-over-month (m/m) increase, reaching a new record high. The electric vehicle market share was 28.0% in October, an increase of 7.2 points compared to the same month last year. It is also an increase of 0.3 points over the previous month. The sales volume has reached an all-tim...

Market & Tech Reports  Updated at: 2024/11/26

es in the 12 major countries and the 3 Nordic countries of Norway, Sweden, and Finland (15 countries in total) reached 1.508 million units in September. This represents a large year-over year (y/y) increase of 32.5% and a 19.1% month-over-month (m/m) increase. The electric vehicle market share was 27.6% in September, an increase of 7.6 points compared to the same month last year. It also reflects an increase of 1.8 points over the previous month....

Market & Tech Reports  Updated at: 2024/10/28

4. A wide range of electric vehicle models is available.     Sales of electric vehicles in the 12 major countries and the 3 Nordic countries of Norway, Sweden, and Finland (15 countries in total) reached 1.266 million units in August. This represents a year-over year (y/y) increase of 16.4% and a 7.1% month-over-month (m/m) increase. The market share of electric vehicles was 25.8% in August, a further increase of 1.7 points over the previous mo...

Market & Tech Reports  Updated at: 2024/09/27

t for 2024 set at 380K units, accelerating global expansion of the Zeekr brand BYD's car carrier ships(Source: BYD)   According to a report by the China Association of Automobile Manufacturers (CAAM), Chinese auto exports in the first half (H1) of 2024 grew 30.5% year-over-year (y/y) to 2.793 million units. Of this total, exports of new energy vehicles (NEVs) increased by 13.2% y/y to 605,000 units.   In 2023, BYD accelerated its overs...

Market & Tech Reports  Updated at: 2024/09/17

Chinese Market H1 2024: New Vehicle Sales Exceed 14M Units, NEVs 4.9M BYD up 28.5% to 1.6M units, non-Chinese OEMs struggle, and exports increase Summary New vehicle sales in H1 2024 up 6.1% y/y to 14,045,000 units Sales by Group: SAIC's share is 12.7%, BYD 11.5%, and Geely in the top 5 Market share by vehicle type: SUVs at 45.0%, commercial vehicles steady Passenger car market: Chinese automakers have 62.5% share; BYD leading with 1,607,000 unit...

Market & Tech Reports  Updated at: 2024/08/20

countries and the 3 Nordic countries of Norway, Sweden, and Finland (15 countries in total) reached 1.312 million units in June. y/y, the number of units sold increased by 19.6%, and sales also increased by 13.2% m/m. The market share of electric vehicles was 24.4% in June, a further increase of 1.7 points over the previous month. Both sales volume and market share were the second highest since the end of last year. Cumulative sales of electric ...

Market & Tech Reports  Updated at: 2024/07/26