Xin Hua Cai Jing·2025-05-21 09:16Group 1 - The core viewpoint of the report indicates that global sales of new energy vehicles (NEVs), including Battery Electric Vehicles (BEVs), Plug-in Hybrid Electric Vehicles (PHEVs), and hydrogen fuel cell vehicles, are projected to reach 4.02 million units in Q1 2025, representing a 39% year-on-year increase, with NEVs accounting for 18.4% of total global car sales in that quarter [2][6] Group 2 - In the BEV market, BYD leads with a market share of 15.4%, followed by Tesla at 12.6% and Geely at 6.9%. Geely's sales have surged by 443% year-on-year, driven by new models and competitive pricing [3][5] - In the PHEV segment, BYD holds a dominant market share of approximately 38.7%. Geely has seen significant growth, with a 158% year-on-year increase, ranking third for the first time [6] - Volkswagen ranks fifth in the BEV market with a 41% year-on-year sales increase, while BMW and Hyundai are also among the top ten, with Hyundai's growth supported by its new production base in the U.S. [5][6]