The Avatr 06T is the first model to feature Huawei's Qiankun ADS 5 and Harmony Space 6 products. Furthermore, the combination of Taihang Intelligent Control 2.0 and Huawei's All-Dimensional Collision Avoidance System CAS 4.0 enhances the vehicle's dynamic control, driving performance, and safety. Prices range from CNY 219,900 to 279,900. Avatr 06T Avatr 12   In addition, the all-new Avatr 12, which was just released in early April...

Market & Tech Reports  Updated at: 2026/05/28

26. In April, BEVs alone increased significantly by 148.7% y/y to 36,000 units, and xEVs as a whole increased by 40.9% to 80,000 units. Factors contributing to this increase include government subsidies and price cuts by automakers, as well as the fact that electricity costs are lower than gasoline prices. Given the current situation in the Middle East, it is thought that there is a growing preference for BEVs, which offer lower maintenance costs...

Market & Tech Reports  Updated at: 2026/05/27

ization system. Third-generation Yuan PLUS Song Ultra EV   In March 2026, the new BEV mid-size SUV, the Song Ultra EV, was officially launched. The vehicle dimensions are: Length 4,850mm, width 1,910mm, and height 1,670mm, with a wheelbase of 2,840mm. It comes in four trim levels, with prices ranging from CNY 151,900 to CNY 179,900.   It features rear-wheel drive (RWD) and comes standard with a permanent magnet synchronous motor. Th...

Market & Tech Reports  Updated at: 2026/05/26

in April, from 16.4 mn units/year in March. Just as was the case in March, the market performed better than the headline numbers suggest, as sales were unusually strong a year ago, when consumers rushed to make purchases before tariff-related price increases occurred. The current surge in gasoline prices appeared to once again have little effect on total sales, although interest in hybrids and more fuel-efficient models strengthened. Transaction...

Market & Tech Reports  Updated at: 2026/05/22

nd 1,250 plug-in hybrid electric vehicles (PHEVs).    CAMPI attributed the weaker overall performance partly to seasonal factors, including leaner supply after strong year-end demand in December 2025, as well as external headwinds such as geopolitical tensions in the Middle East and elevated fuel prices. The association noted rising demand for fuel-efficient and electrified models.   Toyota Motor Philippines accounted for the largest market sh...

Market & Tech Reports  Updated at: 2026/05/21

he event, achieves 0-100km/h acceleration in under 6 seconds and is equipped with navigation and driving assistance features, which can be used in urban areas throughout China. D19, D99   The Leapmotor D19, positioned as a flagship SUV that embodies technology and luxury, was released on April 16. Prices start at CNY 219,800. The vehicle dimensions are: Overall length 5,252mm × width 1,995mm × height 1,780mm, with a wheelbase of 3,110mm. The p...

Market & Tech Reports  Updated at: 2026/05/20

ear (y/y) to 1,287,000 units, the market for hybrid models was projected to expand significantly, increasing 27.7% y/y to 2,209,000 units (1,917,000 HEVs and 292,000 MHEVs (mild hybrid electric vehicles)). In the U.S., since President Trump took office, BEV tax credits have been eliminated, and BEV prices have remained high at around $60,000. Coupled with lingering concerns about charging infrastructure and ease of use, consumers are shifting tow...

Market & Tech Reports  Updated at: 2026/05/19

d a problem with the lack of perception on combustion engines, in that the industry’s focus on electrification resulted in a lack of research in improving combustion engines. Finally, Graham Conway mentioned the potential impact of the Iran War on U.S. consumer habits. He felt that increasing gas prices would not necessarily push the average consumer towards BEVs. He said that there were two breakpoints for gasoline prices: one price in which p...

Market & Tech Reports  Updated at: 2026/05/14

o market launch. According to the on-site staff, this model is planned for export to Russia and Pakistan.   The vehicle dimensions of the NX8 are: Overall length 4,870mm x width 1,920mm x height 1,680mm, with a wheelbase of 2,917mm. BEV and range extender EV versions are available in seven grades. Prices range from CNY 159,900 to 209,900. The batteries will be sourced from CATL (Contemporary Amperex Technology Co., Ltd.), REPT BATTERO (REPT BATT...

Market & Tech Reports  Updated at: 2026/05/14

will be 19 working days, flat y/y. Production and sales volumes are expected to maintain a slow recovery. The International Workers' Day holiday, along with regional motor shows, will stimulate automobile consumption, leading the monthly trend to start high and then stabilize. However, surging fuel prices, a major abnormal factor impacting consumption, will incur sales uncertainties. Chinese automakers are strengthening efforts to thoroughly deve...

Market & Tech Reports  Updated at: 2026/05/13

cross the region, sales continue to be bolstered by a robust uptake in Battery Electric Vehicles (BEVs), driven by supportive policy measures and the entry of competitively priced international brands, particularly from China. While the first half of the year so far has shown promise, rising energy prices stemming from tensions in the Middle East are beginning to impact consumer confidence. Furthermore, with the potential for higher ECB rates to ...

Market & Tech Reports  Updated at: 2026/05/08

ot stood out in a 3D display, noticeable from neighboring booths.   Nissan highlighted the launch of the all-new Nissan Kicks e-POWER compact SUV at the Bangkok International Motor Show, marking the debut of the ProPILOT advanced driver assistance system in Thailand for this model, with launch prices starting from THB 789,900. Locally engineered and produced, the SUV targets young urban drivers with a refreshed design, improved efficiency, E...

Market & Tech Reports  Updated at: 2026/05/08

, Huawei also officially released the new Chinese brand name for "Huawei DriveONE," "Huawei Zhiqing." At this motor show, all five of HIMA's "Jie" distinct partner brands, developed in collaboration with state-owned automakers, were on display, showcasing several new models covering a wide range of prices.   This report introduces the main new models of Xiaomi Auto and HIMA, which are developed by Huawei, that were exhibited at the Auto China 20...

Market & Tech Reports  Updated at: 2026/05/07

anufacturers are focusing their investments on cutting-edge chips for AI and data centers, production capacity for older types of chips used in automobiles tends to be relatively insufficient, resulting in a persistently tight supply-demand situation. This has led to a continued rise in procurement prices, affecting the profitability and price pass-through of ECU manufacturers. Furthermore, export restrictions resulting from conflicts around the ...

Market & Tech Reports  Updated at: 2026/05/07

nese LV outlook. Under our baseline scenario of $100–120/bbl of Brent crude, we maintain our current forecast—any forecast adjustments under this scenario would likely stem only from domestic market variations rather than export dynamics. In a quick resolution scenario ($70–80/bbl), lower oil prices would erode the cost advantage of Chinese NEVs, slowing export growth and dampening domestic electrification—this would require us to scale b...

Market & Tech Reports  Updated at: 2026/04/30

ectric commercial vehicles were available for pre-booking at the show, marking a significant step in expanding the brand’s presence in Thailand. Maxus and its exclusive authorized distributor in Thailand, Evante Co., Ltd., also announced their readiness to market the eDeliver lineup in 2026, with prices starting from THB 790,000. The lineup includes the eDeliver 3, eDeliver 5, eDeliver 7, and eDeliver 9 models.   Its first showroom in Thailand...

Market & Tech Reports  Updated at: 2026/04/30

Electrified Vehicle (xEV) Sales Monthly Report (March 2026) HEVs remain strong amid high fuel prices; BEVs and PHEVs see growth driven by Chinese OEMs Global electrified vehicle sales and composition by powertrain (BEV/PHEV/HEV) Trends in sales volume and share of electrified vehicles (xEVs) in major countries and new car sales trends by country Trend in sales volume of electrified vehicles (xEVs) of major OEMs About this Report   Sales o...

Market & Tech Reports  Updated at: 2026/04/27

es trends among Chinese xEV manufacturers in the Thai market and analyzed their competitive advantages and key challenges based on local market conditions. Presentation by the BRG Group President (Source: Photo by MarkLines) Thailand's xEV market: Electrification policies and rising fuel prices boost NEV sales   The BRG Group, a local dealership group with over 50 years of experience in importing and selling vehicles, was one of the f...

Market & Tech Reports  Updated at: 2026/04/22

proposed broad tariffs. By contrast, Western Europe posted a strong gain. Looking ahead, with the outlook for a resolution to the Middle East conflict still uncertain, GlobalData expects the global LV market to face further headwinds in H2 2026 as consumers begin to feel the impact of higher energy prices. North America US Light Vehicle sales fell by 13.2% YoY in March, to 1.40 mn units. The month had one fewer selling day t...

Market & Tech Reports  Updated at: 2026/04/21

sequentially introduce seven new "dual-purpose (BEV + range-extender EV)" models to expand powertrain options and attract a wider range of users.   Currently, XPeng offers a lineup consisting of sedans (P series), SUVs (G series), MPVs (X series), and a sub-brand for younger consumers (MONA), with prices ranging from CNY 150,000 to 400,000. The "dual purpose" strategy, along with platform expansion and the widespread adoption of advanced AI comp...

Market & Tech Reports  Updated at: 2026/04/20