Etiqueta: PHEV

The EU introduced high special tariffs on electric cars from China last autumn. A Dataforce analysis shows that Chinese carmakers BYD and MG have since

TrendForce’s latest research reveals that global NEV sales, including BEVs, PHEVs, and FCVs, reached 4.868 million units in the second quarter of 2025, up 30% YoY. When HEVs are included, total EV sales climbed up to 6.456 million units, accounting for 29% of global auto sales.

In 2025H1, the global NEV market continued to grow, with a remarkable YOY increase of 25%. By country/region, China's NEV sales in H1 2025 remained the global leader, with a penetration rate of 46.6%. Policy support and price wars drove strong growth among domestic brands, and exports reached record highs. In Europe, market demand showed signs of recovery, but NEV growth was only in the low single digits due to subsidy reductions and supply chain bottlenecks, while Chinese automakers accelerated localized layouts to capture market share. The U.S. NEV market lagged behind China and Europe, with high interest rates and policy uncertainty suppressing its potential. Emerging markets such as Southeast Asia and Latin America showed early signs of explosive growth.

BYD’s new all-terrain circuit is the first of its kind in China, and it’s pretty wild. It’s more than a...

The company’s market share in China surpassed 10% for the first time in the first half of this year, only 4% behind the country’s top seller of automobiles, BYD.

The all-new Volvo XC70 has rolled off the production line in China from Volvo’s Taizhou plant, ahead of the start of its pre-sales at the upcoming Chengdu

BYD's Strategic Surge: How Cost-Competitive Hybrids and Regulatory Flexibility Are Reshaping the UK EV Market

BYD’s model is riding a wave of soaring demand for plug-in hybrids in the UK.

A brand-new BYD Yangwang U9 Track Edition is in the works as the Chinese EV manufacturer is doubling the electric supercar motors to combine for 3,000hp