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2Q26 Global Automotive Market Decode

Last Modified

2026-06-30

Update Frequency

Quarterly

Format

PDF

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.

Key Highlights

Slight decline in global vehicle sales.
Positive growth for NEVs and EVs.
HEVs lead as the fastest-growing segment.
Significant rebound in LFP capacity utilization.
Overcapacity in ternary cathode materials.

Table of Contents

Global Automotive Market Scale
ADAS & ADS (Autonomous Driving)
Automotive Electronics & Semiconductor
Electrification
Business Model and Service Market

<Total Pages: 60>

Category: Automotive Technologies

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Global Automotive Market Decode

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