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BYD Closes In on Tesla in Q2 BEV Sales, with Surges Noted in Thailand and Australia, Says TrendForce

17 August 2023

The global automotive landscape is undergoing a decisive shift toward new energy vehicles (NEVs). TrendForce reports that in 1H23, NEV sales—which encompass battery electricity vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel cell electric vehicles (FCEVs)—soared to an impressive 5.462 million units, reflecting a growth of 33.6% YoY. Specifically, Q2 sales reached 3.03 million units, a 42.8% YoY surge, constituting 14.4% of total car sales for the period, and playing a pivotal role in 1H23 growth.

Automotive PCBs are Bucking the Trend With a Forecast of 12% CAGR from 2022 to 2026, Says TrendForce

17 July 2023

TrendForce’s global automotive PCB market outlook report indicates that as over half of the PCB industry's end-use applications are in consumer electronics, the economic downturn has had a more pronounced impact on the PCB industry compared to other components, especially when end-market demand has yet to show a significant recovery.

Chinese Car Brands Aggressively Expanding Overseas, Projected to Penetrate 9% of Western Europe’s NEV Market by 2023, Says TrendForce

30 June 2023

While gasoline cars still dominate exports, the tides are turning rapidly. NEVs accounted for a staggering 25% of Chinese auto exports 1Q23, establishing them as the focal point for future global expansion, according to TrendForce's report "An Analysis of the Overseas Expansion of Chinese Car Brands".

Apple Vision Pro Estimated to Ship 200,000 Units in 2024, Concerns around Price and Battery Life Linger, Says TrendForce

6 June 2023

Furthermore, considering factors such as pricing and the absence of certain essential features, TrendForce anticipates a modest shipment volume of approximately 200,000 units for Apple Vision Pro in 2024.

Global New Energy Vehicle Sales Reach 2.656 Million Units in Q1, Tesla Reclaim Market Share, Says TrendForce

31 May 2023

TrendForce reports the total sales of New Energy Vehicles (NEVs)—comprising BEVs, PHEVs, and FCVs—reached 2.656 million units in the first quarter of 2023, marking a 28% YoY increase. Sales of BEVs contributed 1.942 million units to this total, a YoY growth of 26%, while PHEV sales amounted to 711,000 units, signifying a 34% YoY increase.

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