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Market Trend - The report argues that the "oil-electric transition" promoted by traditional car companies is a fallacy [1] - The global Q3 2025 report indicates a 48% surge in pure electric vehicle (BEV) sales [1] - Plug-in hybrid electric vehicle (PHEV) sales only increased by 39% [1] - The growth rate of pure electric vehicles is 12 times that of hybrid vehicles [1] - The market favors pure electric vehicles, with Tesla as a key player [1] Industry Perspective - Traditional car companies are allegedly losing money on each pure electric vehicle they produce [1] - Hybrid vehicles are considered to be in their final stage before disappearing from the market [1]