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TrendForce’s latest investigations find that global sales of NEVs—including BEVs, PHEVs, and FCVs—reached 16.29 million units in 2024, marking a 25% YoY increase. The Chinese market expanded its share to 67%, further solidifying its dominance. Looking ahead, global NEV sales are projected to grow by 18% in 2025, with China expected to maintain its upward trend. Meanwhile, policy changes in the US could introduce uncertainties.
TrendForce’s latest investigations reveal that nearly 90% of newly launched electric passenger car models (including BEVs, PHEVs, FCVs, and HEVs) in 2024 will feature SAE Level 2. These systems predominantly include automatic emergency braking, adaptive cruise control, and lane-keeping assist, although not all models will offer all three functionalities. However, the adoption of more advanced SAE Level 3 autonomous systems remains limited due to high technological barriers, unresolved regulatory challenges, and elevated vehicle costs.
TrendForce’s latest investigations report that as humanoid robots move toward highly integrated systems and transition from industrial applications to home environments, AI model training will become increasingly critical to meet the growing demands for backend understanding and interaction capabilities. The global LLM market for robotics, including AI training and AIGC solutions, is expected to surpass US$100 billion by 2028, with a CAGR of 48.2% from 2025 to 2028.
Honda and Nissan—two of Japan’s largest automakers—announced on December 23rd, 2024, that they have entered into merger negotiations, with plans to finalize an agreement by June 2025. Mitsubishi Motors is also expected to join the partnership.
TrendForce’s latest report estimates that global shipments of VR and MR headsets are expected to reach approximately 9.6 million units in 2024, representing a YoY increase of 8.8%. This year’s shipment performance highlights three key industry trends that are shaping the global VR and MR ecosystem: The dominance of low-cost devices, the shift from entertainment accessories to productivity tools, and OLEDoS emerging as the preferred display technology for high-end near-eye devices. These three trends are expected to continue influencing the global VR and MR market over the next several years.