Yano Research Institute: Global EV eAxle market to reach JPY 4.1 trillion in 2035 Yano Research Institute Ltd. (Nakano Ward, Tokyo) has published a report predicting that the global electric vehicle (EV) e-axle market size will reach JPY 4.1 trillion by 2035. The report states that demand for high-output devices will grow primarily in China, leading to a market expansion that is 40% greater than the size of the market in 2024. The driving force b...

News  Updated at: 2025/09/30

Global EV sales up 19.4％ to 1.52 million units in August On September 25, MarkLines announced that global electric vehicles (including BEV, PHV and FCV) sales in August increased 19.4% YoY to 1.52 million units. In the first eight months of 2025, total EV sales increased 24.9% YoY to 10.82 million units. EVs accounted for 29.4% of total sales in August, marking record high and up 2.4% point from the previous month. In August, China leads the EV...

News  Updated at: 2025/09/26

Rico Auto, India, updates about new product development In its annual report for FY 2024-25 (ending March 31, 2025), Rico Auto Industries Limited announced that its R&D team has developed a paper-based friction material for clutch application. The company is the first in India to develop this material. It is being procured from overseas by competitors to make clutch friction discs used in clutch assemblies. The paper-based friction material has b...

News  Updated at: 2025/09/17

Fuji Keizai forecasts global FC system market growth to JPY 18 trillion in FY2040 Fuji Keizai Co., Ltd. (Fuji Keizai, Chuo Ward, Tokyo) announced its investigation report on the trends in the global fuel-cell (FC) system market. In the fiscal year that starts in April 2040 (FY2040), the FC system market is expected to grow to JPY 18.23 trillion, a 45-fold increase from FY2024. The global FC truck market is likely to expand to JPY 3.63 trillion (a...

News  Updated at: 2025/09/09

UCAL Limited, India, developing new components for cars and two-wheelers In its annual report for FY 2024-25 (ending March 31, 2025), UCAL Limited announced that its new product portfolio focused on the throttle body for the two-wheeler segment, oil pump, intake throttle valve, and HC doser products for the four-wheeler segment.  The Company further consolidated its position in the die casting and machining segment with the Built-to-Print produc...

News  Updated at: 2025/09/05

July vehicle sales in Thailand up 5.8%, production down 11.4% (detailed report) According to the Federation of Thai Industries (FTI), July vehicle sales in Thailand increased 5.8% year over year to 49,102 units. July 2025 marked the fourth consecutive month of YoY growth, led by passenger cars, particularly affordable EVs. In the first 7 months of 2025, vehicle sales were 351,796 units, a decline of 0.7% YoY. According to data compiled by Toyota ...

News  Updated at: 2025/09/01

Nissan suppliers report decreased net sales for April-June 2025 period Japanese auto parts and car body suppliers whose main customer is Nissan reported a decrease in net sales across the board for the April-June quarter of 2025. Nissan, facing sluggish sales, saw its global production volume (including China) for the April-June quarter drop 14.2% year-on-year, putting pressure on the performance of its suppliers. However, the effects of the U.S....

News  Updated at: 2025/08/29

Global EV sales up 18.5％ to 1.39 million units in July On August 25, MarkLines announced that global electric vehicles (including BEV, PHV and FCV) sales in July increased 18.5% YoY to 1.39 million units. In the first seven months of 2025, total EV sales increased 25.9% YoY to 9.23 million units. EVs accounted for 26.8% of total sales in July, down 0.6% point from the previous month. In July, China leads the EV sales with 981 thousand units, fo...

News  Updated at: 2025/08/26

July vehicle production in Thailand down 11.4% (Flash Report) On August 25, 2025, the Federation of Thai Industries (FTI) announced that Thailand produced 110,616 vehicles in July, down 11.4% YoY. Of this, 33.01% was for the domestic market and 66.99% for exports. Production fell mainly due to the phase-out of certain gasoline passenger car models for export, while pickup truck output also declined amid weaker domestic and overseas demand. Electr...

News  Updated at: 2025/08/25

Motherson Group expands production capacities globally for Integrated Assemblies division In its annual report for FY 2024-25 (ending March 31, 2025), Samvardhana Motherson International Limited (SAMIL) announced that its Integrated Assemblies division has expanded its footprint across several key regions. The Integrated Assemblies division provides integrated module solutions for the automotive industry, specializing in assembly, logistics, test...

News  Updated at: 2025/08/22

Leapmotor starts shipment of B10 models to Europe On August 18, Leapmotor, in its interim report for the first half of 2025, announced that the first batch of B10 models was officially shipped to Europe in July 2025. It will be officially launched at the Munich Auto Show (IAA Mobility) in September 2025. The company also plans to establish a European localization production base by the end of 2026, further advancing its global market expansion. B...

News  Updated at: 2025/08/22

Gabriel India highlights R&D progress in advanced automotive suspension systems In its annual report for FY 2024-25, Gabriel India highlighted its R&D achievements across automotive segments. It developed and validated external valve serviceable semi-active shock absorbers for passenger vehicles and internal valve semi-active suspension systems for premium two-wheelers. Gabriel India engaged in joint development projects with global European and...

News  Updated at: 2025/08/19

Motherson Group updates about new business wins for Elastomers division In its annual report for FY 2024-25 (ending March 31, 2025), Samvardhana Motherson International Limited (SAMIL) announced that its Elastomers division won new business for moulded parts, reinforced hoses, RTM bonded components, and sealing systems for both internal combustion and electric vehicle platforms. The Elastomers division of Motherson provides high-performance rubbe...

News  Updated at: 2025/08/14

Motherson, India mentions that tariff turbulence manageable due to global scale In its FY 2024–25 annual report, Samvardhana Motherson International Limited (SAMIL) mentioned that a significant portion of its U.S. sales is USMCA‑compliant. For the remainder, it works with customers on pragmatic solutions, including alternative sourcing and the structured pass-through of tariff-related direct costs. It said that the ongoing investments in loca...

News  Updated at: 2025/08/14

Motherson Group updates about new business wins in modules and polymer products divison In its annual report for FY 2024-25 (ending March 31, 2025), Samvardhana Motherson International Limited (SAMIL) announced that its modules and polymer products division launched over 80 programs, focusing on essential components such as bumpers, instrument panels, door panels, pillar trims, and chrome-finished elements for both electric and conventional vehic...

News  Updated at: 2025/08/13

Maruti Suzuki, India flags rare earth magnet uncertainty, weak small car sales In its annual report for FY 2024-25, Maruti Suzuki India (MSIL) announced that a recent Chinese requirement for export licenses on rare earth magnets has created new uncertainty for the auto industry. MSIL reported no production losses so far and hopes export licenses will be issued soon. The company also pointed to shifting global trade policies—such as U.S. tariffs...

News  Updated at: 2025/08/06

Ford to reveal new EV, platform on August 11, CEO Farley says On July 30 during the investors call following release of its Q2 report, Ford CEO Jim Farley announced a new EV strategy and the coming reveal of a new electric vehicle and EV platform on August 11 at its Louisville Assembly Plant in Kentucky. During 2023 negotiations with the UAW, Ford promised to invest USD 1.2 billion into Louisville Assembly and an "all-new EV product" following th...

News  Updated at: 2025/08/01

JETRO Global Trade and Investment Report: 2024 global trade up by 1.6% y/y, exceeds USD 20 trillion for fourth consecutive year According to the Japan External Trade Organization’s (JETRO) Global Trade and Investment Report, 2024 global trade increased by 1.6% year-over-year (y/y) to USD 23.5547 trillion (JPY 3,400 trillion), exceeding USD 20 trillion for the fourth consecutive year. The number of “greenfield investments” involving the esta...

News  Updated at: 2025/07/29

Global EV sales up 13.3％ to 1.48 million units in June On July 25, MarkLines announced that global electric vehicles (including BEV, PHV and FCV) sales in June increased 13.3% YoY to 1.48 million units. In the first half of 2025, total EV sales increased 27.0% YoY to 7.81 million units. EVs accounted for 27.3% of total sales in June, up 0.8% point from the previous month. In June, China leads the EV sales with 1,054 thousand units, followed by ...

News  Updated at: 2025/07/28

TVS Motor, India to launch Norton motorcycles in FY 2025-26 On July 28, TVS Motor Company announced in its annual report for FY 2024-25 that Norton Motorcycles will launch towards the end of FY 2025-26 in the UK, India, and key European markets. The launch will include four new models, featuring the Norton Commando 961 and Norton V4SV, with availability planned for the summer of 2026. Additionally, TVS Motor will enter the adventure tourer segmen...

News  Updated at: 2025/07/28