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.

Key Highlights 

• Global NEV and EV sales continue to grow, while overall auto demand declines due to weak ICE sales and China’s market slowdown.
• High fuel prices and targeted subsidies support ongoing expansion of NEV and hybrid‑inclusive EV segments; future growth hinges on China’s demand recovery and energy price trends.
• In China, supply‑demand imbalance and rising input costs compress pricing room and margins, pushing automakers to accelerate overseas deployment and export competitive pressure.
• The US NEV market is soft, yet hybrids are resilient; state‑level incentives and a shift to smaller BEVs are expected to help restore battery‑electric growth.
• Western Europe benefits from high fuel prices and supportive policies, raising EV penetration; Korea’s tax breaks and low‑emission quotas rapidly boost sales, but both face policy and high‑base risks.
• BYD regains BEV leadership, while Tesla remains strong on improving demand in multiple regions; Leapmotor leverages in‑house technology and cost control, and Toyota uses global channels and local partnerships to scale EVs.
• Chinese buyers are cooling on PHEVs and range‑extenders, shifting back toward BEVs; with relatively mild tariff barriers, Chinese makers are ramping PHEV exports to Western Europe.

Table of Contents

• PDF
  • Market Update
  • Regions
  • Brands

<Total Pages (PDF)  ：6>

• Excel
  • Global Electric Vehicles Sales by Type
  • Global Electric Vehicles Sales by Region
  • TOP 10 BEV Brand Ranking by Quarter
  • TOP 10 BEV Brand Ranking by Year
  • TOP 10 PHEV Brand Ranking by Quarter
  • TOP 10 PHEV Brand Ranking by Year

<Total Pages (Excel)：8>