u-blox 2022 financials performance

u-blox Marks 25 Years With Record-breaking Revenue, Strong Growth Across All Segments

u-blox’s total revenue grew 44% YoY in 2022 to reach $654 million. The company shipped more than 100 million chipsets and modules in 2022. u-blox’s…

China EV Market in 2022 Counterpoint

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…

LG

LG Electronics Operating Profit Stumbles in Q4 2022

The operating profit of LG Electronics* declined by 133% YoY in Q4 2022. The revenue for Q4 2022 stood at KRW 15.47 trillion, a 1.6% growth YoY. The…

Tesla Leads US EV Market, Eclipsing Next 15 Brands Combined

EV sales in the US grew by 52% YoY during Q3 2022. Top 10 EV models constituted almost 70% of EV sales. US EV sales are expected to exceed 10…

Counterpoint EV feature image

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…

India Telematics Ecosystem Analysis Counterpoint

iTriangle Leads India Telematics Ecosystem; EVs to Drive Telematics Demand

Telematics shipments in India are expected to reach 50 million units in 2030 at a CAGR of 31%  from 2021. Rising demand for EVs, ubiquitous 4G…

Automotive connectivity market Counterpoint

In Automotive Connectivity, Rolling Wireless Tops Module Market, Qualcomm Dominates Chipset Market in H1 2022

Qualcomm dominates automotive connectivity chipset market with more than 80% share Rolling Wireless leads the automotive connectivity module market,…

Electric cars charging at a charging station_Counterpoint Technology.

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…

Electric vehicle forecast Counterpoint

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…