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NEV Sales Hit 3.455 Million in 3Q23, BYD’s BEV Sales Hot on Telsa’s Heels, Says TrendForce

30 November 2023

TrendForce’s latest investigations reveal groundbreaking developments in the NEV sector for 3Q23. Total sales of NEVs, including BEVs, PHEVs, and FCEVs, soared to 3.455 million units and registered a substantial 28.1% YoY growth. While BEVs accounted for about 70% of these sales, the standout performers this quarter were PHEVs, which saw a staggering YoY growth of 47.8%—contributing significantly to the momentum of the NEV market. 

TrendForce 2024: Riding the Wave of Revolutionary Tech Trends

17 October 2023

In this press release, TrendForce details the major trends that are expected to take place across various segments in the tech industry in 2024, as follows:

BYD Soared to Become Fourth-Largest Global Car Brand in August and Were Closely Behind Japanese Automakers in Rankings, Says TrendForce

28 September 2023

According to the latest data from TrendForce, car sales across 37 regional markets (as indicated in the notes under the table below) in August totaled 5.55 million vehicles, representing an increase of nearly 1% compared with July.

Driven by Global Government Initiatives: A Surge in Public Charging Piles Expected—16 Million by 2026, Tripling 2023 Figures, Says TrendForce

20 September 2023

TrendForce anticipates that by 2026, the global tally of public charging stations will soar to 16 million, marking an impressive threefold increase from 2023 figures. As this unfolds, the global ownership of NEVs—which includes both PHEVs and BEVs—will surge to 96 million.

BYD Secures Fifth Spot in Global Auto Sales for July, Eyes International Expansion Amid Positive Outlook, Says TrendForce

1 September 2023

In July 2023, global car sales faced a noticeable downturn, with 5.44 million vehicles rolling off the lot across 37 key markets—a 10% dip compared to June’s figures, according to TrendForce research.

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