Following a 26.4% YoY decline in 2020 (37k units), Chinese brand passenger vehicles have demonstrated resilient and accelerating growth in the ASEAN market, rising from 68k units in 2021 to 316k units in 2025 with double-digit YoY growth throughout. A…
Against the backdrop of rising ADAS penetration in the NEV market, HUD adoption has grown overall, though trends vary by energy type. In 2025, sales of HUD-equipped NEVs rose from ~2.6M units in 2024 to ~3.5M units, with the overall…
In 2025, sales of NEVs equipped with ADAS increased from over 6 million units in 2024 to nearly 9 million units, while the overall ADAS equipment rate also rose from 59.0% to 70.9%. By energy type, the ADAS equipment rate…
In 2025, battery usage by Chinese New Car-making Brands hit 238 GWh, up 44.2% year-on-year from 165 GWh in 2024. The battery type mix shifted sharply: LFP’s share jumped from 36.6% to 57.5%, surpassing NCM (which fell from 63.4% to…
Brand & Model Benefit Changes (Partial) – Feb 2026 Brand & Model Benefit Changes (Partial) – Feb 2026 Brand & Model Benefit Changes (Partial) – Feb 2026 ThinkerCar Data chosen by over 200 renowned global enterprises
From 2023 to 2025, BYD’s passenger vehicle exports achieved explosive growth, surging from 230k units to 1,015k units, with a 169.8% YoY increase in 2025. In terms of energy structure, its export mix shifted from BEV dominance to a BEV-PHEV…
2023-2025 witnessed robust growth in China’s auto exports: PV exports rose from 4.4M to 7.1M units with sustained double-digit growth; NEV exports performed even more remarkably, hitting 2.4M units in 2025 with a 102.1% YoY surge, including 1.6M BEVs and…
In 2024, PV MSRP and TP fluctuated in sync, with an average discount rate of 13.8%. In 2025, both prices staged a V-shaped rebound: MSRP reached a period high of 208.6k RMB by year-end, TP recovered to 179.9k RMB, and…
Over the past three years, the commercial vehicle market has seen both volume acceleration and structural shifts: Registrations grew 0.7% YoY in 2023–2024, then surged 9.0% in 2025 to exceed 3 million units. Meanwhile, the energy mix shifted dramatically: ICE…
In 2025, domestic sales of China’s NEVs totaled ~12.8 million units. The market maintained positive YoY growth for the full year, but the YoY growth rate followed a “high early, low late” trend: >27% at the start of the year,…
