On January 9th, TrendForce's latest survey revealed that propelled by the burgeoning new energy vehicle market, the global total installation volume of traction inverters in electric vehicles soared to 8.35 million units in the third quarter of 2025. This represents a remarkable 22% year-on-year increase. Battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) emerged as the primary growth engines, with installation growth rates reaching 36% and 13.6%, respectively. Moreover, the installation volume of SiC inverters exceeded 1.5 million units, setting a new benchmark. Consequently, the penetration rate of SiC inverters in electric vehicles climbed to 18%.
