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BEV

NEV Average Vehicle Age Only 1.8 Years, 90% Concentrated in 1-3 Year Range

A July 2026 CPCA aftermarket report reveals NEV average vehicle age is merely 1.8 years versus 8.2 years for ICE vehicles. Three-year NEV retention rates stand at approximately 44.8% — 45.2% for pure-electric and 46.8% for PHEV — trailing ICE vehicles' 50%+ three-year retention. Rapid technology iteration, absence of battery inspection standards, and persistent price wars compress used-car values, creating a "replace cars like phones" consumption pattern among NEV owners.

51310 days ago
Leapmotor D99 Flagship MPV Officially Launched from $24,980, Redefining Value in the 300K RMB Segment

Leapmotor D99 Flagship MPV Officially Launched from $24,980, Redefining Value in the 300K RMB Segment

On June 25, 2026, Leapmotor officially launched its first flagship MPV — the D99, priced from 249,800 to 319,800 yuan. Positioned as a "Tech-Luxury Flagship MPV," the D99 offers both EREV and pure-electric powertrains. The EREV version delivers a CLTC pure-electric range of up to 480 km, making it the world's longest-range EREV MPV. Equipped with dual Qualcomm 8797 chips, CTC battery-chassis integration, and full-series ADAS, the D99 brings million-yuan-level experience at a 300K yuan price point, filling Leapmotor's gap in the premium MPV market.

36622 days ago

BEV Fights Back Against PHEV: May BEV +3.9% vs PHEV -23%

In May 2026, China's PHEV passenger vehicle sales reached 228,000 units, plunging 23% year-over-year, with only 3 models selling over 10,000 units. The Tai 7 led with 16,247 units, while BYD swept the top three positions. Meanwhile, BEV sales grew against the trend to 637,000 units, up 3.9% YoY. The cliff-like decline in the PHEV market reflects the accelerating trend of consumers migrating from "transitional PHEV" to "pure electric," as well as the awkward positioning of PHEV as "money-saving b

46835 days ago
European BEV Sales Surge 42% in April, Market Share Breaks 23%

European BEV Sales Surge 42% in April, Market Share Breaks 23%

In April 2026, the European EV market warmed significantly. Plug-in vehicle registrations approached 385,000 units, up 35% YoY, with pure electric vehicles (BEV) reaching 262,000 units, surging 42% YoY and accounting for 23% of the overall new car market. Traditional fuel vehicles continued to shrink, with gasoline sales down 15% and diesel down 17%. Hybrid vehicles (HEV) became the best-selling powertrain type with 36% market share, but BEV's 42% growth rate was the second highest in 2.5 years, showing Europe's electrification transition is accelerating.

41541 days ago
Q1 2026 Global BEV Rankings: Geely Holds Third Place as Chinese Trio Dominates Top Five

Q1 2026 Global BEV Rankings: Geely Holds Third Place as Chinese Trio Dominates Top Five

In Q1 2026, the global pure electric vehicle brand landscape saw significant shifts. TrendForce data shows Tesla reclaimed the BEV sales crown with 12.9% global market share, BYD held second at 10.9%, and Geely Group ranked third. Leapmotor entered the top five through逆势 growth. Chinese automakers occupy half of the global BEV top 10, reflecting a new competitive phase driven by technology density rather than scale alone. This ranking directly impacts procurement decisions in Central Asia and Russia.

37643 days ago
Global EV Q3 Sales Up 32% YoY: China Contributes 60% Share, BEV Penetration Breaks 18%

Global EV Q3 Sales Up 32% YoY: China Contributes 60% Share, BEV Penetration Breaks 18%

Counterpoint data shows global electric vehicle sales in Q3 2025 grew 32% year-over-year. Battery electric vehicles (BEV) continued to dominate, accounting for 2/3 of total EV sales, with BEV sales up 32% year-over-year. BEV penetration reached a new milestone this quarter, accounting for 18% of global passenger vehicle sales, up from 14% in the same period last year. China remains the key growth engine, contributing 60% of global BEV total sales. At model level, Tesla Model Y, Geely Galaxy Xingyuan and Tesla Model 3 became the quarter's best-selling EVs globally.

40950 days ago