One in Four Cars Sold in China in 2022 Was an EV With BYD Powering Country’s Outperformance
China’s EV sales almost doubled in 2022 with 87% YoY growth. BYD led the market, followed by GM Group, Tesla, Geely Holding and GAC Group. China’s…
Global Electric Vehicle Market Share, Q1 2021 – Q4 2022
Global Passenger Electric Vehicle Market Share, Q1 2021 – Q4 2022 Published date: March 9, 2023 This page depicts our quarterly data for global…
Global Electric Vehicle Sales Crossed 10 Million in 2022; Q4 Sales up 53% YoY
EV sales during 2022 were over 10.2 million units, a 65% YoY growth. 7 out of the top 10 EV models were from Chinese brands in Q4 2022. EV sales are…
‘Made in India’ Smartphone Shipments Decline 8% YoY in Q3 2022 Due to Fall in Local Demand
OPPO led the ‘Made in India’ smartphone shipments with a 24% share, followed by Samsung. Bharat FIH remained the top EMS player in terms of…
BYD Widens Gap with Tesla in Q3 2022, Leads Global EV Market
Three of the top five best-selling EV brands in Q3 2022 were from China. The top 10 EV models accounted for more than 35% of global EV sales. EVs…
Outsourced Manufacturing Captures More Than Half of Global Cellular IoT Module Shipments in H1 2022
Cellular IoT module outsourced manufacturing (ODM/EMS) grew 33% YoY in H1 2022. Top 10 ODM/EMS players captured two-thirds of IoT module outsourced…
China Q2 EV Sales Almost Doubled YoY, Despite a Weak Quarter
BYD led China’s EV market, followed by Wuling, Tesla, Chery and GAC Group. Top 10 EV models in China accounted for more than 44% of the country’s…
Global EV Sales up 61% in Q2 2022; BYD Leads Market
Global passenger electric vehicle (EV) sales* reached 2.18 million units in Q2 2022. BYD Auto overtook Tesla to become the top-selling EV brand…
Can Chinese EV Makers Make it Big in Japan?
For an automotive market like Japan, which is the base of global giants like Toyota, Honda, Nissan and Mazda, and saw early entry of hydrogen-fuel…
China Cloud on Tesla’s Q2 2022 Numbers; Fundamentals Remain Strong
Tesla sold more than 254,000 vehicles in Q2 2022, an increase of 27% YoY, which was below general expectations. This was the first time since the…
Global EV Shipments Up 79% YoY in Q1 2022; Tesla Remains Leader
In Q1 2022, global electric passenger vehicle (EV) shipments exceeded 1.95 million units. Passenger battery electric vehicle (BEV) shipments grew…
One in Two Cars Sold Will Have Electric Powertrain by 2030
China will be leading the global EV market, followed by Europe and US. BEV will have nearly 40% share in the global passenger vehicle market by…
Price Hikes Slow Automotive Industry Recovery
The global automotive industry has been in turmoil since 2020. The industry and its supply chain were initially disrupted by COVID-19, and then by…
Top 10 Automotive Announcements in CES 2021
Like the past few years, automotive players used the 2021 edition of the Consumer Electronics Show (CES), organized from January 11 to 14, to…
COVID-19 Impact Scenarios on China’s Automotive Industry
The COVID-19 outbreak continues to develop fast. There are signs of successful containment in some areas in China, while fears grow accelerating…
Global Passenger Electric Vehicle Sales Fall 8% in Q3 2019
The top three brands, Tesla, BAIC Group and BYD Auto accounted for 40% of total EV sales during Q3 2019. Subsidy reductions in China continued to…
Government Support: A Key Factor Responsible for Thriving China Electric Bus Market
Market Overview The Chinese electric bus market has seen significant growth, growing from just 4,100 units to 105,000 units during the period from…