Group 1: Market Overview - Global sales of new energy vehicles (NEV) are projected to reach 4.868 million units in Q2 2025, representing a 30% year-on-year increase [1] - Including hybrid electric vehicles (HEV), total electric vehicle (EV) sales are expected to reach 6.456 million units, accounting for 29% of global automobile sales [1] Group 2: Battery Electric Vehicle (BEV) Market - BEV sales reached 3.28 million units, with a year-on-year growth of 39% [4] - BYD holds the largest market share in the BEV segment at 18.3%, with a year-on-year sales growth of 43% [4] - Tesla, while maintaining the second position, experienced a 14% decline in overall sales due to poor performance in major markets [4] - Geely remains in third place with a market share of approximately 6.4% [4] - Leapmotor and XPeng both achieved quarterly sales exceeding 100,000 units for the first time, with Leapmotor showing remarkable growth [4] - Xiaomi's sales are primarily driven by the SU7 model, but future model releases and capacity expansion are expected to enhance performance [4] - Hyundai's sales increased by 41% year-on-year, benefiting from policy incentives in the South Korean market, ranking tenth in market share [4] Group 3: Plug-in Hybrid Electric Vehicle (PHEV) Market - PHEV sales reached 1.587 million units, reflecting a 15% year-on-year increase [5] - BYD remains the leader in the PHEV market, but faced a 12% decline in sales, reducing its market share from nearly 40% to 28.9% [5] - Li Auto's sales grew by 11%, slightly increasing its market share to 7.4%, while AITO's market share rose to 6.2% [5] - BYD's sub-brand Denza launched a new model, achieving a 41% increase in sales, entering the top ten for the quarter [5] Group 4: Future Projections - TrendForce forecasts global NEV sales to reach 19.7 million units by 2025, with a year-on-year growth of 21%, and a slowdown to 14% growth in 2026 [6] - In the U.S. market, the end of electric vehicle subsidies on September 30 may hinder the industry's growth prospects [6]