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EV Sales

Why China’s Carmakers Lose Money as They Sell More in the EV Era

The shift from internal-combustion cars to intelligent electric vehicles (EVs) has upended the auto industry’s traditional profit engines, leaving margins squeezed and many manufacturers...

JD.com, Meituan, and Alibaba Step Up Push Into Car Sales

China’s tech giants are intensifying their push into car sales, but whether online platforms can fully transform how cars are bought remains uncertain. China’s internet...

Global NEV Sales to Grow 14% in 2026; USMCA Renegotiation Poses Critical Risk to Auto Industry

TrendForce’s latest findings have revealed that global sales of NEVs, including BEVs, PHEVs, and FCVs, reached 20.53 million units in 2025, up 26% YoY.  Growth...

Changing buyer preferences dent sales of global luxury car brands in China

According to a report from SCMP, changing consumer habits stem from deteriorating economic growth prospects, and favorable subsidy policies for mass-market cars weigh on...

Global NEV Sales Up 31% in 3Q25; Full-Year Growth Expected to Reach 25%, Says TrendForce

TrendForce’s latest investigations reveal that global NEV sales hit 5.39 million units in the third quarter of 2025, showing a 31% YoY growth. BEVs...

Global NEV Sales Expected to Grow 18% in 2025, with US Market Facing Uncertainty, Says TrendForce

TrendForce’s latest investigations find that global sales of NEVs—including BEVs, PHEVs, and FCVs—reached 16.29 million units in 2024, marking a 25% YoY increase. The...

As EV sales surge, the UK car industry could be about to reach a turning point

Peter Wells, Cardiff University Last year, electric car registrations in the UK topped those of Germany. The number of UK sales (382,000 vehicles) came from...

EY research shows US consumers less likely to purchase an EV than last year

The fifth iteration of the EY Mobility Consumer Index (MCI), a global survey of almost 20,000 consumers from 28 countries, found that despite record...

Global NEV Sales Increase 24.2% in Q2; Chinese Subsidies Expected to Boost Market Share for Chinese Brands

TrendForce’s latest findings show that global sales of NEVs—including BEVs, PHEVs, and FCVs—reached 3.769 million units in 2Q24. This represents a nearly 30% quarterly...

IDTechEx: Dispelling the Downturn of the EV Market

Electric vehicle (EV) related news has been somewhat bleak in the first part of 2024; you will have heard a lot about the downturn...

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