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Global hybrid & electric vehicle sales forecast

GlobalData’s assessment of latest market trends and forecasts for light vehicle BEV and hybrid sales.

Latest news

Global vehicle market weighed down in March by lower US and China sales

Despite mixed picture by region, the global light vehicle (LV) selling rate rose to over 87 million units/year in March.

Qualcomm and Wayve: Collaborating for driver assistance

Qualcomm and Wayve recently announced a collaboration looking into scalable ADAS solutions for the automotive industry.

Hyundai unveils European-made Ioniq 3 BEV

Hyundai’s latest BEV model was designed in Europe and is produced in Turkey.

Zeekr takes aim at German premium brands with new flagship SUV

Zeekr claims new flagship 8X SUV poses a genuine threat to high-performance luxury SUV segment dominance from BMW, Mercedes-Benz and Audi.

Volkswagen to expand China-made EV exports to emerging markets

The move comes as China’s car market faces softer demand, leaving the industry with excess capacity and sharper price competition while domestic carmakers increase their overseas presence.

GWM plans ten new models for Europe relaunch – report

The carmaker intends to widen its sales footprint to 13 European countries within the next 12 months.

Hyundai unable to offset Middle East sales losses amid conflict – report

CEO Jose Munoz said the Middle East remained the company’s strongest region in margin terms, although it did not deliver “mass” profits.

LG Innotek secures automotive Wi-Fi 7 supply agreement

The module will be installed in audio, video and navigation (AVN) systems that will in turn be supplied to an unnamed global original equipment manufacturer (OEM).