been sold, up 4% from the same period in 2024. The key markets of the US, Western Europe, and China saw mixed fortunes. In the US, sales fell for a second consecutive month YoY due to the removal of EV tax credits and economic headwinds. In Western Europe, sales remained broadly flat; however, the outlook remains more positive heading into 2026. Finally, sales in China declined YoY, though the selling rate continues to post strong results. ...

Market & Tech Reports  Updated at: 2025/12/19

i: Diverging International Market and Customer Requirements Keynote BMW: From Announcements to Delivery - The BMW NEUE KLASSE from the Perspective of the Electric/Electronics Architecture Microchip: Cost-Efficient and Optimized Hardware Architectures Enabling Software-Defined Vehicles (SDVs) Bosch: Outlook to the Next Level of AI Powered Speech-Based Cockpit UI  The International VDI Congress ELIV, organized by the VDI Wissensforum GmbH, is the ...

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

China Passenger Car Association (CPCA) report - December 2025 Analysis of China's passenger car sales in November and outlook for December China passenger car production and sales volumes in November 2025 Market analysis and outlook Top 10 Chinese Passenger Car Makers by Retail Sales The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, and MPVs, excluding minivans) for...

Market & Tech Reports  Updated at: 2025/12/09

irements, scene-based preference understanding, service emotionalization, agent services. Future Active prediction/decision-making, long-term memory, friendly business partner, full-spectrum service collaboration. (Source: Created by MarkLines based on the content of the presentation) Future outlook: From "Manufacturing" to "System Value Creation”   BYD believes that future vehicles will be the intersection of energy networks, agent net...

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

and challenges for Chinese companies expanding overseas. From the CAAM presentation (Source: 2025 China Vehicle Charging Ecosystem Conference official WeChat account) Development of Global Charging Infrastructure and Overseas Expansion of Chinese Automakers   According to "the Global EV Outlook 2025" published by the International Energy Agency (IEA), the global electric vehicle market has maintained high growth in recent years. Globa...

Market & Tech Reports  Updated at: 2025/12/02

s other than Nissan to 50%. The company started supplying batteries to Honda from the new Ibaraki Plant in 2024 and to Renault from the Douai plant in July 2025. Local reports indicate that the construction of the Bowling Green plant in Kentucky, USA, was suspended in July 2025 due to the uncertain outlook for the market.   The present product, a pouch-type LiB initially supplied to the Nissan Leaf as the Mn-based 1st generation product, is the ...

Market & Tech Reports  Updated at: 2025/12/01

projected to surpass 6 million units in 2030. The Government of India introduced a new GST structure, effective September 2025. This has contributed to increased sales of sub-4-meter segment compact cars. As for India, a large and relatively young population offers a positive factor for the sales outlook, but the widening income disparity raises concerns over the pace of middle-class expansion. The economy’s structural problems, particularly ...

Market & Tech Reports  Updated at: 2025/11/20

r 3.83 mn units and expanding by 38% YoY. The company still grew by 13% YoY cumulatively from January to July 2025. While the automaker faces short-term challenges, such as rising inventory levels and underperforming new models, its overall growth momentum remains strong, and we maintain a positive outlook for its medium- to long-term prospects. BYD plans to launch more models across its brands in 2025, including Denza’s N9 and Formula Leopard...

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

China Passenger Car Association (CPCA) report - November 2025 Analysis of China's passenger car sales in October and outlook for November China passenger car production and sales volumes in October 2025 Market analysis and outlook Top 10 Chinese Passenger Car Makers by Retail Sales The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, and MPVs, excluding minivans) for O...

Market & Tech Reports  Updated at: 2025/11/12

surrounding the government incentivization of the Chinese LV market. GlobalData now assumes that the trade-in scheme in China will be extended once again, until the end of 2026.-The Trump administration’s policy approach to trading partners added greater uncertainty for the US LV market’s 2025 outlook. However, OEMs have adopted a wait-and-see approach, such that vehicle transaction prices have not been cranked up, while deals coming through...

Market & Tech Reports  Updated at: 2025/10/29

3 million units in 2025 (-3.8% YoY). Tariffs announced under the Trump administration have disrupted the strategies of many automakers. While there is certainly a history of backtracking and time for this to take place, tariff developments currently put a considerable amount of downside risk on the outlook. As such, this current baseline forecast considers the uncertainty risk for tariffs, regulation changes, and the economic environment on deman...

Market & Tech Reports  Updated at: 2025/10/27

YoY, as Hyundai Group expanded the shipment of xEVs to meet stricter European emission standards. Exports to the Middle East declined by 4% YoY, while those to Oceania fell by 13% YoY, primarily due to inventory adjustments in major destinations such as Saudi Arabia and Australia. Korea’s export outlook has been downgraded by 4% for 2025 compared to our previous report, reflecting the negative impact from higher US tariffs. The impact will be ...

Market & Tech Reports  Updated at: 2025/10/23

the Q3 average just below 30mn. The continuing effects of the market’s price war still drive sales as consumers face very competitive prices at the dealership, month after month. Meanwhile, Chinese government support including the trade-in incentive scheme, continues to boost sales. The near-term outlook for the PV market takes into account the Chinese government recently outlining its intention to continue promoting automobile consumption— w...

Market & Tech Reports  Updated at: 2025/10/21

China Passenger Car Association (CPCA) report - October 2025 Analysis of China's passenger car sales in September and outlook for October China passenger car production and sales volumes in September 2025 Market analysis and outlook Top 10 Chinese Passenger Car Makers by Retail Sales The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, and MPVs, excluding minivans) for...

Market & Tech Reports  Updated at: 2025/10/15

ales were up 9% YoY, with a total of 1.1 mn units. YTD sales are now up 1% compared to the same period in 2024, at 8.8 mn units. The new US-EU trade deal has alleviated trade policy uncertainty, and when combined with rising real wages and increased government spending, particularly in Germany, the outlook for the region has improved since mid-year. We forecast PV sales will be broadly flat this year at just over 11.5 mn units. Across the region'...

Market & Tech Reports  Updated at: 2025/10/08

n-made products. This creates a challenging market environment for Tesla, which focuses on both the US and Chinese markets.   Currently, Tesla's FSD is permitted in Canada, Mexico, Puerto Rico, and the UAE. Many countries are conducting test runs in preparation for the introduction of FSD, but the outlook is bleak for countries like Germany, France, Spain, the Netherlands, Italy, Romania, and Norway (the UK has suspended test run permits). Tesla...

Market & Tech Reports  Updated at: 2025/10/01

in China are expected to drop by 24% YoY to 649k units, which is about half of 2023 actuals. (GlobalData, Q2 2025) China, Japan, Asia   According to GlobalData, the view remains that Honda Group’s global output will not recover to pre-pandemic levels within the forecast horizon, and the outlook continues to be downgraded every quarter. This stagnant trend can be attributed to unfavorable sales and production in the Chinese market. The...

Market & Tech Reports  Updated at: 2025/09/26

China Passenger Car Association (CPCA) report - September 2025 Analysis of China's passenger car sales in August and outlook for September China passenger car production and sales volumes in August 2025 Market analysis and outlook Top 10 Chinese Passenger Car Makers by Retail Sales The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, and MPVs, excluding minivans) for A...

Market & Tech Reports  Updated at: 2025/09/10

growth above 15% and a full 12 months of continuous expansion thanks to the MOVES plan, which is stimulating both private and commercial demand. France and Germany also grew by 2% YoY and 5% YoY respectively, though their monthly gains were too modest to shift overall market sentiment. Germany’s outlook does look more favourable with increasing fiscal support heading into 2026, while political headwinds in France, especially surrounding the co...

Market & Tech Reports  Updated at: 2025/09/09

iew period) Option 3: Exemptions with additional risk management measures (such as voluntary emission reduction actions) By anticipating Option 3 and voluntarily proposing emission reduction measures, the industry is preparing alternative proposals based on scientific evidence. Future Process and Outlook   Currently, sector- and issue-specific assessments are underway in both the RAC and SEAC. Based on this, a second public consultation (lasti...

Market & Tech Reports  Updated at: 2025/09/04