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 substantially.   Passenger cars equipped with urban NOA (Navigate on Autopilot) in intelligent connected cars reached a cumulative sales volume of 3.129 million units in the period from January to November 2025. Of these, Chinese domestic brands account for 81.1%.   In 2025, Chinese OEMs also acce...

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

201,000 units, up 80,000 units y/y, solidifying its position as the top emerging OEM in the same period. Seres (Seres Group Co., Ltd.), Xiaomi (Xiaomi EV Technology Co., Ltd.), and NIO (Shanghai NIO Automobile Co., Ltd.) saw significant y/y increases in sales volume, reaching 173,000, 145,000, and 125,000 units, respectively, placing them in second, third, and fourth place among the emerging OEMs. BYD   In late October, the BYD Taizhou FinDream...

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

le manufacturers’ booths   From November 29 to December 10, 2025, Thailand hosted the 42nd Thailand International Motor Expo under the theme “The Magnificent Motor Expo” (Press/VIP Day: November 28).   The show featured a wide lineup of international automotive brands, including Aion, Audi, AVATR, BMW, BYD, Chery, Deepal, Denza, DFSK, Farizon, Ford, GAC, Geely, Geely Riddara, GWM, Honda, Hyptec, Hyundai, Isuzu, Jeep, Kia, Leapmotor, Lexus...

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

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

-o-Y Jan.-Sep.2025 Jan.-Sep.2024 Y-o-Y Thailand 48,350 39,048 23.8% 145,074 130,632 11.1% 447,969 438,659 2.1% Indonesia 62,071 73,108 -15.1% 184,726 223,640 -17.4% 561,819 633,660 -11.3% Malaysia 58,490 58,351 0.2% 204,432 204,432 0.0% 579,336 595,883 -2.8% Philippines 38,029 39,542 -3.8% 112,498 118,028 -4.7% 343,410 344,307 -0.3% Vietnam 30,688 36,585 -16.1% 88,400 90,701 -2.5% 251,421 225,583 11.5% Singapore 5,574 4,945 12.7% 16,5...

Market & Tech Reports  Updated at: 2025/11/25

mance. The software-defined architecture also supports feature updates and safety enhancements via OTA (over-the-air).   However, obstacles remain in the commercialization of SBW. First, redundant designs increase costs. The current system unit price ranges from USD 500 to USD 800 (compared to USD 120 to USD 150 for EPS), with the primary costs concentrated on the dual actuator mechanisms and high-safety chips (such as Infineon's AURIX™ series...

Market & Tech Reports  Updated at: 2025/11/18

BALMAKE LOCALMAKE 2022 2023 2024 2025 2026 2027 2028 Total 26,194,693 29,060,086 30,333,311 32,681,780 32,902,955 31,720,590 31,036,735 BYD Auto BYD BYD 1,863,661 2,900,384 4,082,921 4,378,521 4,837,164 4,821,526 4,917,891 F F 0 8,045 60,646 184,920 228,597 254,408 278,776 Denza Denza 9,834 129,480 131,631 166,471 231,162 245,302 268,372 Yangwang Yangwang 0 2,157 7,420 8,384 16,916 18,438 19,777 BYD Auto sub-total 1,873,495 3,040,066 ...

Market & Tech Reports  Updated at: 2025/11/14

(factory shipments) Trends of Chinese OEMs (Q3 2025) Trends of major non-Chinese manufacturers (Q3 2025) Policies related to China's automotive industry (Q3 2025)   The China Association of Automobile Manufacturers (CAAM) announced on October 14, 2025, that vehicle sales volumes in China showed a 12.9% year-over-year (y/y) increase to 24.363 million units during the January to September period of 2025. Of these, sales of passenger cars increase...

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

f the pillar-to-pillar meter display   Explanation of the advantages and disadvantages of ultra-wide meter displays, which are expected to replace conventional meters, as well as the status of their adoption and development BMW Panoramic Vision displayed on the lower edge of the windshield Avatr 12 ultra-wide meter display AI avatar trends   Explanation of avatar design trends that are attracting attention as an interface between AI...

Market & Tech Reports  Updated at: 2025/10/24

IAA Mobility 2025: EVs from Chinese OEMs (2) XPeng, Chery, Changan, Hongqi, Dongfeng Liuzhou Summary XPeng: Debut of the mid-size EV sedan “the next P7” in Europe Chery: Many Omoda and Jaecoo NEV models on display Changan: World premiere of the Avatr concept Vision Xpectra; Deepal brand on display Hongqi: EHS5 electric SUV unveiled Dongfeng Liuzhou: 3 EV models on display; accelerating globalization   The IAA Mobility 2025 mobility trade fai...

Market & Tech Reports  Updated at: 2025/10/20

Automotive World Autumn 2025: Chinese electric vehicles teardown exhibit BYD U8, Song Plus, Changan Avatr: traction motor, inverter, reduction gear and more Summary BYD Yangwang U8, BYD Song Plus DM-i teardown exhibit (MarkLines) Changan Avatr 12 teardown exhibit (Blue Sky Technology)   The Automotive World Autumn and Smart Energy Week Autumn exhibitions were held together at Makuhari Messe in Japan from September 17 to 19, 2025. Automotive Worl...

Market & Tech Reports  Updated at: 2025/10/14

se. *11 major countries: China, USA, Japan, India, Germany, France, Brazil, UK, South Korea, Canada, Italy Comparison of BEV sales actuals in 14 countries in 2023 vs. 2024 Country 2024 2023 Difference Japan 40,230 68,459 -28,229 58.8% Korea 143,436 138,947 4,489 103.2% India 92,056 104,393 -12,337 88.2% China 7,095,774 6,179,057 916,717 114.8% Finland 21,738 29,459 -7,721 73.8% France 316,123 323,428 -7,305 97.7% Germany 377,845 5...

Market & Tech Reports  Updated at: 2025/07/08

ID. AURA concept car, Audi A5L, Audi Q5L, Audi Q6L e-tron, and Audi A6L e-tron) are also equipped with Qiankun. SAIC-Audi A5L Sportback   Changan Automobile  Deepal's all-new full-size luxury SUV, the Deepal S09, is equipped with HarmonySpace and Huawei ADS. Deepal S09   The Avatr 06, launched on April 19, 2025 by the Avatr brand, is equipped with HarmonySpace, and some versions are equipped with Huawei ADS. Avatr 0...

Market & Tech Reports  Updated at: 2025/06/20

status Current month Cumulative total Current month Cumulative total Dec. 2024 75 548 57% 42% Nov. 2024 67 473 50% 39% Oct. 2024 59 406 51% 38% Sep. 2024 55 347 50% 36% Aug. 2024 47 292 35% 33% Jul. 2024 42 245 29% 33% Jun. 2024 43 203 30% 34% May. 2024 40 161 41% 35% Apr. 2024 35 121 41% 33% Mar. 2024 35 85 26% 29% Feb. 2024 18 50 -18% 32% Jan. 2024 32 32 100% 100% Dec. 2023 48 388 33% 32% Dec. 2022 36 295 38% 91% D...

Market & Tech Reports  Updated at: 2025/06/12

iving, the self-driving technology arm of DiDi, jointly announced with GAC the AIDI Plan in May 2023. The two companies have deepened their partnership, consolidating the results of a wide range of research and development efforts at their subsidiaries into the mass-produced Level 4 model. On April 12, 2025, at the GAC Tech Day 2025 and Smart Security Summit, DiDi Autonomous Driving presented the hardware platform for its next-generation mass-pro...

Market & Tech Reports  Updated at: 2025/05/20

y. Domestic brands had a market share of 65.5% of the total, up 8 percentage points y/y Retail sales volumes of mainstream joint venture brands totaled 440,000 units, down 3% y/y. Specifically, German brands had a retail share of 15.6%, down 3.4 percentage points y/y; Japanese brands had a share of 12.2%, down 2.7 percentage points y/y; and American brands had a share of 4.8%, down 1.1 percentage points y/y. Wholesale In April, wholesale volumes ...

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

anded rapidly, by approximately five times the 2021 volume in 2022 and approximately seven times the 2022 volume in 2023. However, the EV sales volume in 2024 reached only 71,645 units in 2024, a decrease of 8.3% from the previous year. On the other hand, sales of hybrid vehicles (HVs) increased to 126,629 units in 2024, about 1.5 times the previous year’s volume. The total number of electrified vehicles (xEVs), including EVs, PHVs, and HVs, wa...

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

in Thailand from March 26 to April 6, 2025, under the theme "The Talk of Sensuous Automotive." Press Day and VIP Day were scheduled for March 24-25.   This year's event will feature a diverse lineup of international automotive brands, including Aion, Audi, Aston Martin, BMW, BYD, Changan (Deepal / AVATR), Chery, Farizon, Ford, Denza, Geely, GWM, Honda, Hyundai, Isuzu, Juneyao, Jeep, Lexus, Maserati, Mazda, Mercedes-Benz, MG, MINI, Mitsubishi, Ne...

Market & Tech Reports  Updated at: 2025/05/08

ess model remains the same and Yinwang will continue to receive support from Huawei. In addition, Yinwang will continue to use its two core brands, the Qiankun driver assistance system and Harmony cockpit. On January 1, 2025, Yinwang officially began operations. Huawei will hold an 80% stake, while Avatr Technology Co., Ltd. (Avatr Technology), a subsidiary of Changan Automobile Co., Ltd. (Changan), and Seres, both of which have deep alliances wi...

Market & Tech Reports  Updated at: 2025/04/16

cars (including sedans, SUVs, MPVs but not minivans) for March 2025.   Retail March retail sales volumes of passenger cars totaled 1.940 million units, reflecting a year-over-year (y/y) increase of 14.4%. New Energy Vehicles (NEVs) In March, wholesale volumes of New Energy passenger cars totaled 1.128 million units, up 35.5% y/y. Retail March retail sales volumes of passenger cars totaled 1.940 million units, reflecting a year-over-year (y/y)...

Market & Tech Reports  Updated at: 2025/04/11