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Global PHEV Sales Surge by 55.3% in 3Q24, BYD Market Share Exceeds 40%, Says TrendForce

2 December 2024

TrendForce’s latest findings show that global sales of NEVs—including BEVs, PHEVs, and FCEVs—reached 4.123 million units in 3Q24, marking a 19.3% YoY increase. Global NEV sales are projected to total 16.26 million units in 2024, representing a 24.8% YoY growth.

AI and Interactive Demand to Drive Humanoid Robot Market Value Beyond US$2 Billion by 2027, Says TrendForce

28 November 2024

TrendForce’s latest findings show that the global humanoid robot market is expected to surpass US$2 billion in value by 2027, supported by major robotics manufacturers gradually achieving mass production by 2025. The market is projected to grow at a CAGR of 154% between 2024 and 2027, with service-oriented robots benefiting significantly from advancements in generative AI, which further enhances market appeal.

TrendForce: Unveiling New Opportunities in Tech Innovation for 2025

21 November 2024

TrendForce has outlined 10 key trends shaping the technology landscape in 2025. Highlights include:

Global Public EV Charging Piles Growth to Slow Significantly in 2024, Led by China and South Korea, Says TrendForce

20 November 2024

TrendForce's latest findings report that global public EV charging pile deployment is being constrained by land availability and grid planning, compounded by a slowdown in the growth of the NEV market. The 2024 growth rate is a projected 30%—a sharp drop from the 60% recorded in 2023.

BYD’s Self-Developed Inverters Tie Denso for Top Global Market Share in 2Q24, Says TrendForce

5 September 2024

TrendForce’s latest findings reveal that global installations of EV traction inverters reached 6.45 million units in 2Q24, marking a 24% increase from the previous quarter. The growth was primarily driven by hybrid vehicles (including HEVs and PHEVs). Among the EV powertrains, PHEVs led with a 26% quarterly increase in installations, while BEVs followed with an 18% increase.


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