India, Aug. 19 -- TrendForce's latest research reveals that global NEV sales, including BEVs, PHEVs, and FCVs, reached 4.868 million units in the second quarter of 2025, up 30% YoY. When HEVs are included, total EV sales climbed up to 6.456 million units, accounting for 29% of global auto sales.

BEV sales up 39% to hit 3.28 million units

BYD retained its position as the leading BEV brand with an 18.3% market share, posting a robust 43% YoY growth. Tesla held onto second place, but saw declines in key markets, including China, North America, and Western Europe. Growth in South Korea, Norway, and Turkey was insufficient to offset the downturn in its main markets, leading to an overall 14% YoY drop in sales for the quarter.

Geely held thi...