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Frost & Sullivan: Top Trends Driving the Global Automotive Market, 2025

Strategic partnerships, expanded EV portfolios, and new production hubs set to reshape the global automotive landscape The global automotive industry is undergoing a significant transformation,...

Global New Car Market to Grow 2.4% in 2025; US Faces Tariff Uncertainty, China’s Smart Car Competition Intensifies, Says TrendForce

TrendForce’s latest investigations reveal that global sales of new cars are expected to reach 90.6 million units in 2025, marking a 2.4% YoY increase....

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...

Semi-Solid State Battery Adoption in EVs Gradually Rises, Projected to Exceed 1% Market Penetration by 2027, Says TrendForce

TrendForce’s latest research highlights that semi-solid state batteries—an emerging battery technology combining the advantages of traditional liquid electrolyte batteries and solid-state batteries—entered trial production...

Technological and Regulatory Hurdles Expected to Be Addressed, Level 3 Autonomous EVs to Represent 10% of New Models by 2030, Says TrendForce

TrendForce’s latest investigations reveal that nearly 90% of newly launched electric passenger car models (including BEVs, PHEVs, FCVs, and HEVs) in 2024 will feature...

Slight Increase in Material Costs Expected to Stabilize LiB Cell Prices in 1Q25, Says TrendForce

TrendForce’s latest investigations reveal that the prolonged decline in the prices of Chinese EV and ESS batteries during 2024 showed signs of easing in...

SiC-Based Power Electronics Market: Revolutionizing Automotive & EV/HEV Applications with 60% Market Share in Asia Pacific

According to Valuates Reports The Global SiC Based Power Electronics Market was valued at USD 2090.3 Million in 2023 and is anticipated to reach USD...

Low-Altitude Aviation’s Untapped Market Expected to Drive Solid-State Battery Demand to 302 GWh by 2035, Says TrendForce

TrendForce’s latest investigations reveal that the development of flying cars and electric vertical take-off and landing aircraft (eVTOL)/urban air mobility (UAM) vehicles are positioning...

Solid-State Batteries Enter Pilot Production, Costs Expected to Drop to CNY 0.6–0.7/Wh by 2035, Says TrendForce

The global pursuit and anticipation of applications for solid-state batteries (SSBs) have accelerated the commercialization process of this technology. TrendForce’s latest findings reveal that...

SiC and GaN Go Full Steam Ahead in Automotive Industry

The application of silicon carbide (SiC) and gallium nitride (GaN) in the automotive industry seems to be “gradually gaining momentum.” Among them, the trend of...

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