rs such as Mahle Behr and Valeo, the OEMs also receive orders from prominent Tier 1 suppliers in each region. In North America, East Asian suppliers such as South Korea's Hanon and China's Sanhua are prominent. In China, BYD and Leapmotor rely on in-house suppliers, while other OEMs rely on Chinese domestic suppliers such as SONGZ Automobile and Ningbo Tuopu. All are leading suppliers of air conditioning systems, and it is essential for BEVs t...

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

ant data. BEV Share PHEV Share HEV Share BEV PHEV HEV Others Copyright (C) MarkLines Co., Ltd. All rights reserved.   In February, sales of xEVs in China fell further compared to the previous month to 504,000 units. Due to the overall decline in new car sales, the share of xEVs in Chinese domestic sales increased from the previous month to 52.9%. In addition to changes in the New Energy Vehicle (NEV) support measures starting from Janua...

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

ng their "overseas expansion" and the international expansion of industry continues. The CASRI suggested that promoting the internationalization of standards is not only a key to breaking down trade barriers and reducing cross-border cooperation costs, but also a core route for transforming China's domestic advanced technologies and practical experience into an international voice. (According to data from the General Administration of Cus...

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

y retail sales volumes of passenger cars totaled 1.034 million units, reflecting a year-over-year (y/y) decrease of 25.4%. Year-to-date (YTD) retail sales volume totaled 2.578 million units, down 18.9% y/y. Luxury car retail sales volumes totaled 130,000 units, down 12% y/y. Retail sales volumes of domestic brands totaled 630,000 units, down 30% y/y. Domestic brands had a market share of 61.2% of the total, down 4.3 percentage points y/y. Domesti...

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

cle (Reference) List of technical presentations on small hydrogen engines While social implementation of large (heavy-duty) hydrogen engines is progressing mainly in Europe, small engines are still in the process of basic research and advanced development. HySE, a research association in which all domestic Japanese motorcycle manufacturers participate, plays a central role in R&D activities in Japan in cooperation with universities and other org...

Market & Tech Reports  Updated at: 2026/03/11

levant data. BEV Share PHEV Share HEV Share BEV PHEV HEV Others Copyright (C) MarkLines Co., Ltd. All rights reserved.   In January, sales of xEVs in China fell to 672,000 units, reflecting less than half the 1.386 million units sold in the previous month. xEVs account for 48.0% of total domestic sales. Conversely, sales of xEVs in Thailand jumped to 51,000 units from 19,000 units the previous month, and the domestic market share expan...

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

11.1% in November, largely driven by rising electric passenger car output, which helped offset imports from 2022–2023 under government incentive programs. For the full year, total vehicle production edged down slightly by 0.9% YoY but still exceeded the annual target, reaching 1,455,569 units.   Domestic vehicle sales gained significant momentum in Q4 2025, surging 39.1% YoY in December, after rising 24.8% in October and 20.6% in November. Ful...

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

pproximately 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 accelerated their overseas expansion, with exports increasing 21.1% y/y to 7.098 mill...

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

g standards by financial institutions as reasons for this. In 2025, EV sales remained almost unchanged at 633,000 units, but EV sales increased by 55% to 200,000 units, due in part to promotional measures.   Vehicle production in Thailand dropped significantly in 2024, partly due to the decline in domestic sales. However, Chinese manufacturers are expanding production despite the slump in 2024, reaching 106,000 units in 2025, approximately three...

Market & Tech Reports  Updated at: 2026/02/17

y, wholesale volumes of new energy passenger cars totaled 864,000 units, down 3.3% y/y. Retail January retail sales volumes of passenger cars totaled 1.544 million units, reflecting a y/y decrease of 13.9%. Luxury car retail sales volumes totaled 180,000 units, down 15% y/y. Retail sales volumes of domestic brands totaled 890,000 units, down 18% y/y. Domestic brands had a market share of 57.5% of the total, down 3.5 percentage points y/y. Domesti...

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

electrified vehicles but all powertrains such as internal combustion engines), but in 2025, Chinese OEMs took the top spot for the first time. Market share in 2025 is 29.3% for Chinese OEMs, 24.0% for Japanese OEMs, 19.2% for European OEMs, and 14.9% for U.S. OEMs.   In addition to expanding their domestic market, Chinese OEMs are accelerating their overseas expansion, particularly into emerging regions (ASEAN, Latin America, Central Asia, Afric...

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

ovember. In 2024, the global installed capacity of drive batteries reached 894.4GWh, up 27.2% from the previous year. China's drive battery installed capacity grew 41.5% y/y to 548.4GWh, accounting for 61.3% of the world's total installed capacity. The installed capacity share of the top 10 Chinese domestic companies reached 96.01%. In terms of the Power Battery Industry Development Index (Industry Index), CATL, BYD, and LG Energy Solutions Ltd. ...

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

very 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 average upgrade to the 2025-2026 global LV output view. While Chinese domestic demand-led activity remains resilient, it is the ongoing growth in global penetration of Chinese LV exports that skews the global LV producti...

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

r ministries jointly released the “2026 Detailed Rules for Vehicle Trade-in Subsidies”, locking in next year’s incentive package. The 2026 scheme again has two tracks: scrappage-with-purchase and trade-in-with-purchase. The introduction of this policy undoubtedly injects new momentum into the domestic auto market for 2026. Under the newly released “2026 Detailed Rules for Vehicle Trade-in Subsidies” plan, subsidy intensity will remain h...

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

ources) Vehicle production in India (FY 2024-25)(Source: Created by MarkLines based on various press releases and sources)   For the two-wheeler segment, in FY 2024-25, Indian two-wheeler (ICE) production increased by 9.9% to 23 million units compared to 21 million units last year. The domestic sales increased by 7.9% to 18.9 million units versus 17.5 million units in the last fiscal year. The exports by Indian manufacturers increase...

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

All rights reserved. Share of electric vehicles and HVs in 12 major countries and 3 Nordic countries 2023 2024 2025 EV (BEV/PHV/FCV) HV (excluding MHV) Other Copyright (C) MarkLines Co., Ltd. All rights reserved.   The following graph shows the transition of domestic sales share of electric vehicles in 12 major countries and 3 Nordic countries. Share of electric vehicles in 12 major countries and 3 Nordi...

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

market   By June 2025, the number of fuel cell vehicles sold worldwide had exceeded 100,000 units. The top three countries are South Korea (38,000 units), China (30,000 units), and the United States (19,000 units), which together account for about 85% of total global sales. Since the start of its domestic demonstration projects, China's share of the global fuel cell vehicle market has been steadily increasing, with sales in the first half (H1) ...

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

ons for the future introduction of a low-priced compact car that Tesla is said to be developing.   (Reference) Launch Schedules - Tesla models for Chinese market   Tesla's production in China grew 16.7% y/y to 357,000 units in 2024, reflecting a 2.3-fold increase over 2020. In response to growing domestic demand, the majority of production is allocated for Chinese domestic use.   Of the Model 3s produced at the Shanghai plant, approximately 13...

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

sales volumes of passenger cars totaled 2.261 million units, reflecting a year-over-year (y/y) decrease of 14.0%. Year-to-date (YTD) retail sales volume totaled 23.744 million units, up 3.8% y/y. Luxury car retail sales volumes totaled 290,000 units, down 1% y/y. Retail sales volumes of domestic brands totaled 1.46 million units, down 11% y/y. Domestic brands had a market share of 64.3% of the total, up 2.2 percentage points y/y...

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

rdic countries *By clicking the button below the graph, only the relevant data will be shown. EV (BEV/PHV/FCV) share HV (excluding MHV) share EV (BEV/PHV/FCV) HV (excluding MHV) Other Copyright (C) MarkLines Co., Ltd. All rights reserved.   The following graph shows the transition of domestic sales share of electric vehicles in 12 major countries and 3 Nordic countries. Share of electric vehicles in 12 major countries and 3 Nordi...

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