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Hyundai and Kia’s Electrification Strategy and Korean Market Trends
3.8 June 2025 Ioniq 2 SUV (CLASS B) 58 - - 2026 Kia EV3 SUV (CLASS B) 58.3 / 81.4 350 / 501 204 July 2024 EV4 セダン (CLASS C) 58.3 / 81.4 354 / 502 201 March 2025 PV5 SUV (CLASS E) 51.5 / 71.2 280 / 271 / 377 / 358 121.6 / 163.2 August 2025 EV5 SUV (CLASS C) 58 / 81.4 530 / 720 / 650 (China) 218 / 317 September 2025 EV2 SUV (CLASS B) 58 - - 2026 (Source: MarkLines, Hyundai-Kia electric vehicle models) The Hyundai-Kia Motor G...
Market & Tech Reports Updated at: 2025/10/23
GlobalData Global Light Vehicle Sales Update (September 2025)
remained broadly in line with July and August, standing at 94 mn units/year. In year-on-year (YoY) terms, the market grew 7% as sales reached 8.1 mn units globally. Year-to-date (YTD), 67 mn vehicles have been sold, up 5% from the same period in 2024. The key markets of the US, Western Europe, and China all experienced growth driven by various factors. In the US, the surge was largely attributed to advanced EV purchases ahead of the tax credit d...
Market & Tech Reports Updated at: 2025/10/21
Analysis Report: Lighting (Japanese Market)
contact and gestures will disappear. As a supplement to the communication of intentions carried out by humans, the development of communication lamps that support communication using light is progressing. After Ichikoh announced it in 2017, Koito has followed suit and announced its development. In China, application of animation lamps is proceeding with the installation in XPeng Motor's P7, but as of January 2024, they have not been applied in t...
Market & Tech Reports Updated at: 2025/10/20
IAA Mobility 2025: EVs from Chinese OEMs (2)
rom its Avatr brand, and said it aims to enter the European market with its Deepal brand. By 2028, Hongqi plans to release 15 models in Europe and build a network of more than 200 locations. Dongfeng Liuzhou exhibited models such as the S7 REEV version and V9, and set a goal of annual sales outside China of 300,000 units by 2030. The Next P7 (Source: XPeng) XPeng unveiled five models at the IAA, including the new P7, the 2025 model ...
Market & Tech Reports Updated at: 2025/10/20
IAA Mobility 2025: Intelligent Driving Solutions from Chinese Suppliers
e theme of "It's All About Mobility," the event highlighted on a global platform the importance of mobility, sustainable development, and technological innovations. Approximately 750 companies from 37 countries exhibited, and the number of visitors exceeded 500,000. As for exhibiting companies from China, the number of exhibitors increased from 75 in 2023 to approximately 100 this year. The exhibits covered a wide range of areas, including Chines...
Market & Tech Reports Updated at: 2025/10/16
China Passenger Car Association (CPCA) report - October 2025
China Passenger Car Association (CPCA) report - October 2025 Analysis of China's passenger car sales in September and outlook for October China passenger car production and sales volumes in September 2025 Market analysis and outlook Top 10 Chinese Passenger Car Makers by Retail Sales The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, and MPVs, excluding minivans) for...
Market & Tech Reports Updated at: 2025/10/15
Automotive World Autumn 2025: Electrification Technologies
ly set to automatically delay recharging for 1, 2, 4, or 8 hours to save on electricity costs. Electway: Fast chargers, CHAdeMO to CCS2 adapters, portable fast chargers Guangzhou Electway Technology Co., Ltd. (Electway), which exhibited at Smart Energy Week, was established in 2012 in Guangzhou, China, and is engaged in the R&D and manufacturing of EV charging equipment. At the front of the company’s booth, there was a CHAdeMO and NACS co...
Market & Tech Reports Updated at: 2025/10/15
Supply chain in India - ACMA's 65th Annual Session
auto components has drawn over INR 295 billion in investments and created nearly 45,000 jobs. The PM E-Drive, launched in 2024, is boosting adoption of electric two- and three-wheelers, while its extension to 2028 focuses on e-buses, charging stations, and testing upgrades. To reduce dependence on China for rare earth magnets, the government is preparing fiscal incentives for domestic production. He asked the industry to invest more in R&D for a...
Market & Tech Reports Updated at: 2025/10/09
Analysis Report: Air Conditioning System (Japanese Market)
crease of 359,000 units, or 7.5%, compared to 2023. The proportion of sales of electrified vehicles (BEV, PHEV, and HEV) among this Japan domestic total increased slightly to 53.6%. The shift to electrified vehicles (xEVs) is progressing in Japan, albeit more gradually than in Europe, the U.S., and China. Correspondingly, the automotive air conditioner market is also undergoing continuous changes in terms of technology and supplier selection. ...
Market & Tech Reports Updated at: 2025/10/07
Where is Tesla heading ?
Where is Tesla heading ? Challenges and Progress of Robotaxi Summary Autopilot (AP) faces first federal conviction in federal court Regulatory policies of foreign governments regarding AP/FSD, including China, France, etc. Entering the autonomous ride-hailing service market: Pros and cons about realizing a long-standing promise Hybrid Remotely Monitored Robotaxi : Modified Vehicle "Project Halo" Disbanding the Dojo Team and Changes to Tesla's R&D...
Market & Tech Reports Updated at: 2025/10/01
IAA Mobility 2025: Chinese Battery Suppliers
: Gemstone all-solid-state batteries and smart mobile charging EVE Energy: Omnicell large cylindrical battery and Battery Passport IAA Mobility 2025, the annual International Motor Show Germany, was held in Munich from September 8 to 14, 2025 (including the open space exhibition period). Many of China's top suppliers of drive batteries exhibited at this year's show, focusing on battery safety technology, energy density improvements, fast charg...
Market & Tech Reports Updated at: 2025/09/29
Analysis Report: Seat (Japanese Market)
oshoku AKI USA, LLC, with plans underway to supply seats to Mazda Toyota Manufacturing, U.S.A., Inc., a U.S. joint venture of Toyota Motor Corporation and Mazda Motor Corporation. In October 2021, the new JV began production of seat components for Toyota's Corolla Cross compact crossover SUV. In China, Japanese suppliers are focused not only on supplying complete seats to local automakers, but are also using China as a manufacturing base for t...
Market & Tech Reports Updated at: 2025/09/27
Honda: HEVs thriving in North America and Japan
Honda: HEVs thriving in North America and Japan GlobalData 5-Year Forecast: Honda struggling in China with BEV Summary GlobalData Sales Forecast: Honda to sell around 3.5 million units through 2030 China: Sales and production down sharply; expansion of BEVs an issue U.S.: Annual sales exceed 300,000 units with three HEV models Japan: HEV proportion expands, introduction of BEV mini vehicles According to GlobalData's latest volume forecast, Hon...
Market & Tech Reports Updated at: 2025/09/26
Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (August 2025)
ropean Union (EU) would also be reduced to 15%, with the rate to be applied retroactively to August 1. On the other hand, South Korea's negotiations on investment in the U.S. have been difficult and no agreement has yet been reached. Mexico will reportedly raise tariffs up to 50% on imports from China, India, South Korea, and other countries with which it has no trade agreements, with automobiles, steel, and aluminum among the targeted items. ...
Market & Tech Reports Updated at: 2025/09/26
IAA Mobility 2025: Audi, BMW, Mercedes-Benz
© MarkLines Co., Ltd. All rights reserved) The D-segment crossover SUV EV will be produced at the Debrecen plant in Hungary from autumn 2025 and is expected to be launched early 2026. Later on it will also be produced at other sites such as the BMW Brilliance Automotive Ltd. Lydia Plant in China. Technical data The iX3 50 xDRIVE is expected to operate with a maximum charging capacity of up to 400 kW – significantly higher than previ...
Market & Tech Reports Updated at: 2025/09/22
GlobalData Global Light Vehicle Sales Update (August 2025)
ar-on-year (YoY) terms, the market grew 4% as sales reached 7.2 mn units globally. YTD sales currently stand at 59 mn units, up 5% from the same period in 2024. Trade tensions have cooled, and key markets have seen growth in August. Despite one fewer selling day in the US, sales remained robust. In China, sales were strong due to government support; however, there are increasing efforts by the Chinese government to return the market to sustainabl...
Market & Tech Reports Updated at: 2025/09/22
GAIKINDO Indonesia International Auto Show 2025
, and the exhibit was ingenious and ambitious. EV Platform Hybrid engine Lepas The brand Lepas, which was exhibited for the first time, is a coined word combining "Leap" and "Passion" and is positioned as Chery's premium brand. This will be the company's first market entry outside of China. In a different area from Chery, one each of the L4, L6, and L8 models were on display. According to the exhibit staff, the flagship model, t...
Market & Tech Reports Updated at: 2025/09/19
Analysis Report: Power Steering (Japanese Market)
reduce their production capacity. Originally, the companies mainly supplied products to Japanese automakers, and sales expansion to Chinese automakers had not progressed. In addition, against the backdrop of supply chain disruptions during the 2020 COVID pandemic and the recent political unrest in China and Taiwan, Honda restructured its international parts supply chain in August 2022, separating China from the rest of the world. In August 2022,...
Market & Tech Reports Updated at: 2025/09/18
Sales of Emerging Chinese EV Brands
Sales of Emerging Chinese EV Brands XPeng, Leapmotor, and Xiaomi expand Summary Sales trends of emerging EV brands XPeng Leapmotor Xiaomi Future Trends According to MarkLines' data on vehicle sales in China, there have been changes recently in the sales landscape of emerging automaker EV brands. This report examines the evolution of emerging EV brands in China, focusing on monthly sales trends through July 2025, and analyzes the products an...
Market & Tech Reports Updated at: 2025/09/17
Sales Trends of Chinese OEMs in Europe
ach year until 2030. This will lead to increased localization by Chinese OEMs in the future. Despite facing pressures such as vehicle distribution taxes and fluctuating sales, Chinese OEMs remain optimistic about their long-term competitiveness in the Russian market. According to a report in the China Daily website, the deputy secretary general of the Chinese General Chamber of Commerce in Russia said that Chinese brands have strong localizati...
Market & Tech Reports Updated at: 2025/09/16
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