Global new energy and electric vehicle markets maintain growth, while overall auto sales are weighed down by weak ICE demand and China’s slowdown. In China, severe supply‑demand imbalance and margin pressure drive faster overseas expansion. In the US, state subsidies and a focus on smaller BEVs aim to restore growth. Western Europe and Korea hit new highs on high fuel prices and policy support, yet face high‑base and policy risks. Brand‑wise, BYD and Tesla lead BEVs, with Leapmotor and Toyota rising and Volkswagen under pressure. In PHEVs, Chinese brands are expanding aggressively into Europe, eroding local makers’ traditional advantage.
Biannual automotive display market analysis keeps track on global automotive market scale and major panel makers’ movement.
TrendForce’s report indicates that global vehicle sales are expected to decline slightly; however, sales in the electrified vehicle category will maintain positive growth, with HEVs exhibiting the strongest growth momentum. Driven by growing demand for LFP cathode materials for power batteries and cautious capacity expansion among enterprises, capacity utilization rates have recovered significantly. Conversely, ternary cathode materials are facing overcapacity due to rapid historical expansion and slowing demand, making capacity absorption a long-term challenge for the sector.
This report leverages TrendForce’s expertise in the memory industry, as well as extends its in-depth research and analysis on the automotive sector
Global Electric Vehicle Inverter Datasheet
Global NEV sales dipped slightly in Q1 2026, with BEVs showing modest growth while PHEVs declined. Full-year growth is still expected to outpace traditional vehicles. China’s market slowed due to policy delays and rising costs, whereas the US saw strong HEV gains, and Europe, Japan, and Korea drove BEV expansion through supportive policies. Tesla regained the BEV lead, BYD still leads PHEVs but faces domestic pressure, prompting more Chinese brands to expand overseas.
Touch Taiwan 2026 focuses on three main topics: Micro LED optical communications, Micro LED interactive / transparent displays, and Mini LED-backlight displays.
The 2026 Shanghai International Automotive Lighting Exhibition (ALE 2026) was held from March 25 to 27 at the Huaqiao International Expo Center in Kunshan. Centered on “Light Steers the Future: A New Ecosystem of Intelligent, Green, and Safe Vehicle Lighting,” the exhibition highlighted technological breakthroughs and innovative applications in high-pixel ADB headlights, intelligent signal displays , ADS marker lamps, automotive-grade LEDs, and automotive lighting environments.
This report examines global automotive intelligence and electrification trends. Europe actively develops autonomous satellite communication ecosystems, integrating low-earth orbit satellites with vehicle connectivity to address remote connectivity challenges. China’s competitive market is fast-tracking a DMS supply chain reshuffle. Electric vehicle traction inverter markets show volume growth with stable pricing, as technological advancement sustains industry development despite intensifying competition.
Global NEV markets are seeing steady growth in EV penetration. China’s growth is cooling from a high base, whereas the US pivots to hybrids and Western Europe sees policy-driven growth. BYD has overtaken Tesla in BEV sales and maintains its lead in PHEVs, with Geely also gaining share in both categories. Although rising memory costs pose a challenge, automakers remain focused on securing a stable supply.
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