ery Electric Vehicles (BEVs): Natural air cooling Liquid cooling Air conditioning refrigerant   The first method is air cooling, which relies on natural heat dissipation from the battery with no thermal management system. Representative examples include the Nissan Leaf, SAIC-GM-Wuling Hongguang Mini EV, and the Citroen Ami, all of which use a natural air-cooling system, widely used in low-cost small mobility vehicles. The B-segment Citroen E-...

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

are earths are used in essential parts for automobile production, such as electronic components and permanent magnets. The export restrictions have had a growing impact on the entire industry, with manufacturers facing parts shortages and production halts for some vehicle models. On June 7, China's Ministry of Commerce announced that it had approved some rare earth export applications.   It will be necessary to continue to closely monitor the ac...

Market & Tech Reports  Updated at: 2025/06/25

BEV and PHV Trends of Chinese Manufacturers BYD surpasses Tesla to become world's top seller of BEVs Summary Sales trends by BEV model Sales trends by PHV model BYD enters the Japanese PHV and mini BEV markets Global sales of BEVs (including range extender EVs) were dominated by Tesla until 2023, but BYD rapidly expanded its sales volume, putting it in competition with Tesla. By quarter, BYD has exceeded Tesla's sales volume since Q4 2024 and ha...

Market & Tech Reports  Updated at: 2025/06/02

cle sales volume.   The U.S. imposed an additional 25% tariff on automobiles and auto parts on April 3. With regard to auto parts, relief measures were announced for companies that produce automobiles within the U.S., which came into effect on May 3. As a result of negotiations between the Trump administration and various countries, a trade agreement was concluded between the U.S. and the UK on May 8, under which it was agreed that a 10% tax rat...

Market & Tech Reports  Updated at: 2025/05/26

. The March single month share was 8.8%, down 0.4 points from the previous month but up 0.8 points y/y. Cumulative HV sales for the January to March period increased 19.0% y/y to 1,381,000 units, accounting for 8.9% of total vehicle sales volume.   The series of additional tariffs that the Trump administration in the U.S. has launched has had a significant impact not only on imported vehicles, but also on the supply chain of the entire automotiv...

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

continue to be monitored closely going forward   Electric Vehicle (BEV/PHV/FCV) - Top 10 best selling models (000 units) - Model Maker/Brand P/T 2025February 2024February Y-o-Y 2025 Jan.-Feb. total 2024 Jan.-Feb. total Y-o-Y 1 Model Y Tesla BEV 44 65 -32.8% 99 129 -22.9% 2 Wuling Hongguang MINI EV Wuling BEV 37 14 173.4% 60 20 204.1% 3 Seagull BYD BEV 37 9 298.6% 74 41 82.7% 4 Model 3 Tesla BEV 34 27 24.6% 56 60 -6.9% 5 Song PLUS B...

Market & Tech Reports  Updated at: 2025/03/26

omotive Policy Council (AAPC) issuing a statement opposing additional tariffs. If the additional tariffs are imposed by the United States, various manufacturers and suppliers both in and outside the U.S. will be significantly affected. It will be necessary to continue to closely monitor the Trump administration's tariff policies.       The following graph shows the transition of domestic sales share of electric vehicles in 12 major countrie...

Market & Tech Reports  Updated at: 2025/02/26

tes-Mexico-Canada Agreement (USMCA).   With the transition to EVs stalling in Europe as well, automakers are reviewing their EV strategies. A change in policy in the U.S. could have a significant impact on the overall electric vehicle sales market in the future, and future moves by the new Trump administration should be closely monitored.   Meanwhile, BYD Auto Co. Ltd. (BYD) continues to make great strides, especially in the Chinese market. BYD...

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

be subject to the countervailing duties noted in the following list. The duties entered into force on October 30, 2024.   Around 60% of EVs imported from China to Europe are the products of European and American manufacturers. Dacia, the affordable brand of the Renault Group, BMW and its affiliate MINI, and the U.S. Tesla are producing their vehicles in China and importing them to Europe. These OEMs are also subject to countervailing duties.   ...

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

nting for 7.7% of total vehicle sales volume.   On October 29, the European Commission announced that it would impose countervailing duties on imports of electric vehicles from China for the next five years, with these measures coming into effect the following day, October 30. In response, China's Ministry of Commerce announced on October 30 that it would not accept the decision and would file a complaint with the WTO. China has repeatedly point...

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

wer-priced EV models especially benefiting in China. Sales have increased not only for Tesla models and the BYD Seagull, but also for Wuling models, with the Wuling Bingo/Binguo ranked tenth with 28,000 units sold, making its first appearance in the Top Ten since December 2023. The Wuling Hongguang MINIEV also rose, to eleventh place.     The following table shows electric vehicle sales by automaker (major OEMs, Tesla, and major Chinese elec...

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

K : SK On Co., Ltd. / SK Innovation Co., Ltd. VW : Volkswagen group Koç : Koç Holding A.Ş. Panasonic : Panasonic Holdings Corporation / Panasonic Energy Co., Ltd.   Name of organization EPA : U.S. Environmental Protection Agency IRS : U.S. Internal Revenue Service MIIT : Chinese Ministry of Industry and Information Technology SAE : Society of Automotive Engineers, Inc. (U.S.) NHTSA : National Highway Traffic Safety Adminis...

Market & Tech Reports  Updated at: 2024/10/18

ntial election, making the outlook for future base openings and plant expansions increasingly uncertain.     The following graph shows Tesla's share of sales by major region and total sales.   Geely   The highest selling model in August was the Galaxy E5 with 12,000 units sold, followed by the Panda mini in second place with 11,000 units, and the Zeekr 001 in third place with 8,000 units. Geely’s overall electric vehicle sales volume signi...

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

rotor and stator windings.   Working Voltage   The working voltages are generally formed into groups as shown in the table below: Voltage, V Characteristics of voltage values and examples of equipped vehicles Advantages (12) There are examples of micro and mild HEV (hybrid electric vehicle) minicars by Suzuki and Nissan Applied to 12V alternator / starter products; inexpensive. Extremely limited EV driving is possible (24) Used in Mazda...

Market & Tech Reports  Updated at: 2024/09/05

ouncement of the robo-taxi coming in October, it will be interesting to see what Tesla's next strategy will be.     The following graph shows Tesla's share of sales by major region and total sales.   Geely   Geely’s best-selling model in July was the Zeekr 001 at 9,000 units, followed by the Panda mini at 8,000 units, with the Galaxy L7 ranking third at 7,000 units sold.   Geely’s overall electric vehicle sales were 81,000 units, a sign...

Market & Tech Reports  Updated at: 2024/08/29

estigation, an additional tax of 37.6% will be imposed. These tariffs are provisional and will be in place from July 5 for up to four months, during which time the final tariff rates will be voted on by the EU member states. If the decision is adopted, the provisional tariffs will be in place for a minimum of five years. The measure is aimed at protecting the EU's automotive industry, but has been controversial, with the German Association of the...

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

ive HV sales for the January to May period increased 15.6% y/y to 1.885 million units, accounting for 7.7% of total vehicle sales volume.   In May, there was significant activity in the U.S. regarding electric vehicles. The first is a policy on funding for EV manufacturers announced by the Biden administration on May 6, which states that USD 100 million will be provided to automotive component suppliers for facility renovations and human resourc...

Market & Tech Reports  Updated at: 2024/06/26

year to 21.0%. Sales volume in China increased by 188,000 units from the same month last year to 706,000 units, while in Brazil, sales of electric vehicles increased by 3.6 points to 3.7% recording 8,000 units.   In Brazil, most of the electric vehicle sales are BYD models, especially the Dolphin Mini (name outside China for the Seagull), which began sales in February, accounting for half of total monthly sales. The market size of electric vehi...

Market & Tech Reports  Updated at: 2024/05/24

t production and deliveries of the Cybertruck have been suspended. Although sales fell in March, we will continue to keep a close eye on Tesla's activities.     The following graph shows Tesla's share of sales by major region and total sales.   Geely   The best-selling models in March were the Panda mini and the Zeekr 001, each with 8,000 units, followed by the Volvo XC60 with 7,000 units. Geely’s overall electric vehicle sales were 73,000...

Market & Tech Reports  Updated at: 2024/04/25

February Y-o-Y 2024Jan.-Feb. total 2023Jan.-Feb. total Y-o-Y 1 Model Y Tesla 75 69 8.7% 147 116 26.7% 2 Model 3 Tesla 27 33 -18.2% 58 68 -14.7% 3 Wenjie M7 AITO 21 1 2000.0% 51 3 1600.0% 4 Qin Plus BYD 16 27 -40.7% 37 39 -5.1% 5 Song PLUS BYD 15 37 -59.5% 34 73 -53.4% 6 Wuling Hongguang MINIEV Wuling 14 8 75.0% 20 12 66.7% 7 Dolphin BYD 12 23 -47.8% 30 40 -25.0% 8 Wuling Xingguang Wuling 12 - -% 20 - -% 9 Seagull BYD 9 - -% 41 -...

Market & Tech Reports  Updated at: 2024/03/27