iquid cooling Air conditioning refrigerant cooling The first method is natural air cooling, which relies on natural heat dissipation from the battery without a system for thermal management. As representative examples, low-cost and city-use small mobility vehicles such as the Nissan Leaf, SAIC-GM-Wuling Hongguang MINI, Citroen Ami, and E-C3, etc. adopt natural air cooling. Next, liquid cooling systems manage heat using a coolant (main...

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

er (Q4) by 4.5%.   In 2025, new vehicle sales (based on factory shipments) in China increased by 9.4% over the previous year to 34.40 million units. The rate of growth increased to 9.4% from 4.5% the previous year. Overall passenger car sales were up 9.2% to 30.103 million units, of which MPVs and minivans posted double-digit growth. Sales of commercial vehicles increased 10.9% y/y, with all segments showing positive growth. According to an anno...

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

/y (847,000 units), recovering from the previous year's decline caused by the termination of subsidies. The top sellers are high-priced models such as the ID.7, driven by increased fleet sales, with increased purchases by general consumers expected to be limited. On January 19th, the German Federal Ministry for the Environment announced a new EV subsidy program for consumers, so it will be interesting to see how the sales model changes in the fut...

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

nly much more expensive, so Tesla’s models are still competitive.   The other headwind Tesla has faced in 2025 is its collapse in sales in Canada. In January-October, its volumes in the country are thought to have fallen by around 74% YoY. The political activity of CEO Elon Musk with the Trump administration turned off many Canadians in the earlier months of the year. Even after that association ended, a combination of tariffs, a lack of inven...

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

enced by growth in China. Electric Vehicle (BEV/PHV/FCV) - Top 10 best selling models  (000 units) The table can be scrolled horizontally - Model Maker/Brand P/T 2025November 2024November Y-o-Y 2025Jan.-Nov.total 2024Jan.-Nov.total Y-o-Y 1 Model Y Tesla BEV 83 92 -10.4% 812 917 -11.4% 2 Wuling Hongguang MINI EV Wuling BEV 54 37 44.1% 422 180 133.9% 3 Model 3 Tesla BEV 49 49 -0.6% 419 413 1.4% 4 Xingyuan Geely BEV 43 20 114.0% 431 ...

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

Mini vehicles gaining attention in U.S. and Europe Japanese Kei cars and A-segment vehicle market trends in China and India Summary Global sales of minicars (A-segment) Minicar standards Japan China India   U.S. President Donald Trump has expressed his intention to produce and sell Japanese kei cars in the United States, and the EU is currently reviewing its small EV standards and protection of domestic production, using Japanese kei vehicles a...

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

illion units, and total shipments of the corresponding drive motors have similarly increased, making them the mainstay of the industry. As for trends in drive motor output segments, there are clear differences between the different market segments with respect to the demand for motor output. In the mini A00 class (25-35kW) vehicle segment, low-cost motors with simple structures lead in the low-speed, small-sized market for urban use. They account...

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

that of December of last year, indicating a steady increase in each country. Electric Vehicle (BEV/PHV/FCV) - Top 10 best selling models  (000 units) The table can be scrolled horizontally - Model Maker/Brand P/T 2025October 2024October Y-o-Y 2025Jan.-Oct.total 2024Jan.-Oct.total Y-o-Y 1 Wuling Hongguang MINI EV Wuling BEV 61 31 96.3% 368 143 157.2% 2 Model Y Tesla BEV 50 79 -36.6% 729 824 -11.5% 3 Xingyuan Geely BEV 44 15 192.4% 3...

Market & Tech Reports  Updated at: 2025/11/26

SBW. The standardization group formed by CAERI (China Automotive Engineering Research Institute Co., Ltd.) and Jidu, NIO, and Geely will jointly promote the establishment of industry standards for SBW in China. On December 9, 2024, NIO Inc. received approval for mass production of the ET9 from the Ministry of Industry and Information Technology, making it the second mass-produced steer-by-wire model in the world, after Tesla's Cybertruck. Delive...

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

new vehicle sales volume in the Chinese market increased by 11.4% year-over-year (y/y) to 15.65 million units in the first half of 2025 (January-June). The "Plan for Stable Growth of the Automotive Industry (2025-2026)" published in September 2025 by eight Chinese government offices, including the Ministry of Industry and Information Technology, sets a sales target around 32.3 million units in 2025, approx. 3% increase over the previous year.  ...

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

monitor future trends. Electric Vehicle (BEV/PHV/FCV) - Top 10 best selling models  (000 units) The table can be scrolled horizontally - Model Maker/Brand P/T 2025September 2024September Y-o-Y 2025Jan.-Sep.total 2024Jan.-Sep.total Y-o-Y 1 Model Y Tesla BEV 123 100 22.5% 679 745 -8.9% 2 Wuling Hongguang MINI EV Wuling BEV 54 26 108.6% 307 112 174.1% 3 Model 3 Tesla BEV 53 52 2.2% 345 340 1.5% 4 Xingyuan Geely BEV 48 1 4708.0% 343 ...

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

nvestment and project cancellations, while South Korea announced that it would work with domestic manufacturers to mitigate risks. Canada is also reported to be reconsidering a 100% tariff on Chinese EVs. With the United States-Mexico-Canada Agreement (USMCA) due for review in 2026, and the Trump administration imposing additional tariffs on both countries, attention will be focused on the outcome of negotiations, including future cooperation amo...

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

ly 2024July Y-o-Y 2025Jan.-Jul.total 2024Jan.-Jul.total Y-o-Y 1 Model Y Tesla BEV 68 74 -8.1% 456 554 -17.6% 2 Xingyuan Geely BEV 44 - -% 249 - -% 3 Seagull BYD BEV 34 32 8.1% 272 197 38.0% 4 Qin Plus BYD BEV/PHV 29 40 -27.2% 166 266 -37.6% 5 Model 3 Tesla BEV 28 31 -9.7% 252 248 1.6% 6 Wuling Hongguang MINI EV Wuling BEV 27 9 197.2% 221 72 207.4% 7 Qin L BYD BEV/PHV 24 33 -25.9% 159 58 173.4% 8 SU7 Xiaomi BEV 24 14 79.4% 180 44 3...

Market & Tech Reports  Updated at: 2025/08/26

s in the first half of 2025 (1,000s units) The table can be scrolled left and right. Rank OEM Group Sales volume in the first half of 2025 y/y change Previous year's ranking 1 Toyota Group 4,946.4 7.2% 1 2 VW Group 4,182.3 0.3% 2 3 Hyundai-Kia Group 3,242.2 1.8% 3 4 GM Group including Wuling and Baojun 2,751.8 14.2% 5                          Excluding Wuling and Baojun 2,114.7 9.2% 5 Stellantis 2,690.7 -5.7% 4 6 ...

Market & Tech Reports  Updated at: 2025/08/18

increase in HV sales in the U.S. and China is the main factor for the increase.   On July 23, U.S. President Trump announced that the U.S. and Japan had reached an agreement on tariff negotiations and that reciprocal tariffs on Japan would be 15%, down from the original 25% proposed by the Trump administration. The additional 25% tariff on automobiles and auto parts will be reduced by half to 12.5%, resulting in a combined tariff of 15% when com...

Market & Tech Reports  Updated at: 2025/07/28

s (BTMS) for Battery 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-s...

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

no solid electrolyte, ultra-thin film coated single-crystal positive electrode, and 3D mesoporous silicon negative electrode. Mass energy density reaches 350Wh/kg and volumetric energy density 800Wh/L. Cell cycle life is over 3000 cycles.  In January 2025, an application was filed with the Chinese Ministry of Industry and Information Technology for the Light-Year edition of the IM L6 with a first-generation all-solid-state battery. It uses ultra...

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

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