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Hyundai and Kia’s Electrification Strategy and Korean Market Trends
Group GM Korea Renault Korea (formerly Renault Samsung) KG Mobility GlobalData forecasts that light vehicle production in South Korea will remain at the 3.7 million unit level in 2025. The South Korean government aims to have 4.2 million electric vehicles (EVs) and 300,000 fuel cell vehicles (FCEVs) on the roads by 2030. In 2025, the government is planning on the sale of a cumulative total of 1.05 million zero-emission vehicles and the inst...
Market & Tech Reports Updated at: 2025/10/23
IAA Mobility 2025: EVs from Chinese OEMs (2)
ket. Within the next three years, Changan plans to release eight models in Europe, open 1,000 sales offices, and employ 1,000 people. The company has raised its global sales target to 3 million units in 2025 and 5 million units by 2030, of which 3 million will be NEV (New Energy Vehicle: BEV, PHEV, FCEV) models. Avatr Avatr unveiled the Vision Xpectra, the world's first Emotive Intelligent (EI) concept car, at IAA Mobility 2025. Also on displa...
Market & Tech Reports Updated at: 2025/10/20
Analysis Report: Seat (Japanese Market)
er 2017, the company opened a sales office in Detroit to expand sales to US automakers. Manufacturing sites The following are the models equipped with seat products that started production in each region in FY2024. Japan: Honda Freed / N-BOX Joy / N-VAN e; Suzuki Spacia Gear USA.: Honda CR-V e:FCEV / Civic / Acura RDX, etc. China: Honda S7 Asia: Amaze /Civiv / HR-V, etc. In September 2021, TS Tech announced that it will establish a new com...
Market & Tech Reports Updated at: 2025/09/27
Honda: HEVs thriving in North America and Japan
s light vehicle sales in India is expected to increase from 69k units in 2024 to 122k units by 2030. The introduction of new B- and C-segment SUVs is expected to contribute over 50k units, alongside further expansion of the well-performing Elevate B-segment SUV. U.S. Honda set US targets for BEV/FCEV sales of 40% by 2030, 80% by 2035 and 100% by 2040. The company announced it is expanding the US 2040 target to encompass total global sales. As ...
Market & Tech Reports Updated at: 2025/09/26
Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (August 2025)
asing US-produced energy, including liquefied natural gas, worth a total of USD 7 billion per year on a long-term basis, and investing USD 550 billion in the US. Germany New vehicle sales in August were 207,000 units, reflecting an increase 5.0% y/y (down 21.7% m/m). The German EV (BEV, PHEV, FCEV) market continues to grow significantly, with new registrations in August up 56% y/y to 63,000 units, and new registrations in the January to Aug...
Market & Tech Reports Updated at: 2025/09/26
Honda's Electrification Strategy
Limited (Momenta) to incorporate the technology in all new models to be launched in China in the future. In May 2025, Honda held a briefing on its initiatives centered on four-wheeler electrification. Referring to the target stipulated in last year's Business Briefing to increase the global EV/FCEV sales ratio to 40% by 2030, Honda explained that the EV sales ratio is expected to fall below 30% by 2030. The revised business strategy emphasiz...
Market & Tech Reports Updated at: 2025/09/03
2025 China Auto Forum: Drive Batteries
ry In terms of China's carbon emissions, the transportation sector accounts for about 10% of total carbon emissions, of which road transportation accounts for 85%. Based on China's "dual carbon" goal (carbon peak-out by 2030 and carbon neutrality by 2060), the NEV (New Energy Vehicle: BEV, PHEV, FCEV) and drive battery industries are developing rapidly, stimulating the rapid growth of the battery swap industry. Leveraging its strengths in p...
Market & Tech Reports Updated at: 2025/08/22
Renault: Promoting EVs with Ampere and HEVs with Geely
ased in January-March 2024. It is available only in the EV version with a range (WLTP mode) of 430 km or 625 km. It is produced at the Douai Plant in France. Master E-Tech Large van launched in the spring of 2024. A sibling of the Nissan Motor Co., Ltd. (Nissan) Interstar. It is available in EV, FCEV, and diesel engine versions. The EV version offers a range (WLTP mode) of 170 km or 460 km. Rafale E-Tech Acceptance of orders started in Sept...
Market & Tech Reports Updated at: 2025/08/08
Analysis Report: Seat (U.S. and European Markets)
ms Honda Honda CR-V (USA) 2025 Gentherm Inc. Temperature-controlled seat systems Honda Honda CR-V (USA) 2023 TS Tech Americas Seats / front seat frames Honda Honda CR-V (USA) 2022 Gentherm Inc. Temperature-controlled seat systems Honda Honda CR-V (USA) 2021 Adient Seats Honda Honda CR-V e:FCEV (USA) 2024 TS Tech Americas Front and rear seats Honda Honda HR-V (Mexico) 2024 Adient Front seat cushion frames Honda Honda HR-V (Mexico) 20...
Market & Tech Reports Updated at: 2025/08/06
Chinese Market Q2 2025
ps, and promotion of technology innovation. Great Wall Motor Intelligent Super Platform Great Wall Motor Company Limited's next-generation all-power Smart Super Platform was announced in May 2025. The platform is designed for mid-size and larger luxury models and is compatible with PHEV, BEV, FCEV, HEV, and ICE systems. Changan Automobile Restructuring plan postponed On June 5, Chang'an Automobile Co., Ltd. (Changan) announced that th...
Market & Tech Reports Updated at: 2025/08/01
Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (May 2025)
SE technologies, including hydrogen, to realize a sustainable and prosperous mobility society. Germany New vehicle sales in May were 239,000 units, reflecting an increase 1.2% y/y (down 1.4% m/m). According to the Federal Motor Transport Authority of Germany (KBA), Germany's EV (BEV, PHEV, FCEV) market continues to grow significantly, with new EV registrations in May up 56% y/y to 68,000 units, and new EV registrations in the January to ...
Market & Tech Reports Updated at: 2025/06/25
Toyota Business Fair 2025: Hydrogen, Carbon Neutrality
Toyota Business Fair 2025: Hydrogen, Carbon Neutrality Lightweighting, plastic materials, recycling, production technology Summary Special Exhibit: FCEV Crown, fuel cell module, hydrogen engine (Toyota) Hydrogen-related components, electrification components (FTS, Kyoho Machine Works) Various technologies contributing to carbon neutrality (Aisin, Kojima Industries) Lightweight technology, component manufacturing technology (Toyoda Iron Works, Toy...
Market & Tech Reports Updated at: 2025/06/24
Vienna Motor Symposium 2025 (1) Reaching zero carbon mobility emission
apid increase of range extenders with a pure electric range of around 200km. It can also be said that local manufacturers have the majority in the market all over the world. In China for example more than 60% of the passenger cars are produced by Chinese OEMs. Rapidly increasing BEV and FCEV share in Chinese heavy-duty vehicle sector (46th International Vienna Motor Symposium, organized by the Austrian Society of Automotive Engineers ...
Market & Tech Reports Updated at: 2025/06/20
JSAE 2025 in Yokohama: e-Axles, Motors, xEVs
. Highly integrated generator systemMagnet portion of outer rotor e-Fan System (LP)e-Fan system explanation screen (media briefing) The "e-Fan system" is a large electric fan that can ensure cooling performance even under harsh conditions such as when large commercial vehicles (such as FCEV/BEV trucks) are climbing slopes or when fully loaded. It comes in two types: HP: high output 40kW (up to 160Nm, 2,350rpm) and LP: low output 5 to...
Market & Tech Reports Updated at: 2025/06/16
Auto Shanghai 2025: FAW, Dongfeng, BAIC
gqi H9 and SUV Hongqi HS9. The series will meet the high-end needs of commuters, business travelers, and families in a variety of settings. The exterior of the H9 PHEV executive sedan inherits that of the gasoline version H9, but details of its functions as an NEV (New Energy Vehicle: BEV, PHEV, FCEV) have been upgraded. It is scheduled for release in the latter half of 2025. The front of the HS9 PHEV features an integrated, closed design, giv...
Market & Tech Reports Updated at: 2025/06/12
Auto Shanghai 2025: Geely, Chery
eekr premiered the Collector's Editions of its luxury flagship SUV 9X and four-seater luxury flagship 009 Grand. Lynk&Co exhibited its flagship model, the six-seater 900. Lotus unveiled the Theory 1, an EV sports car concept model. The Chery Group exhibited 53 NEV (New Energy Vehicle: BEV, PHEV, FCEV) models under its five China domestic and global brands Chery, Exeed, Jetour, iCAR, and Luxeed. Chery exhibited the fully remodeled QQ and the Ti...
Market & Tech Reports Updated at: 2025/05/30
ACT Expo 2025: Hydrogen and alternative fuels
vehicles and platforms shown by Daimler and Blue Bird. Related Reports:Bharat Mobility Global Expo 2025: Commercial Vehicles (Mar. 2025)Smart Energy Week Spring 2025 (1) FCVs, FC units, Hydrogen-related Products (Mar. 2025)IAA Transportation 2024: Alternative fuel vehicles for logistics (Nov. 2024)FCEVs and Fuel Cells, Chargers and Charging Technologies (Jul. 2024)Green and Smart Auto Shanghai 2024 (Jul. 2024)ACT Expo 2024 reportsACT Expo 2024 (...
Market & Tech Reports Updated at: 2025/05/29
Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (April 2025)
rong overall in April, with both production and sales steadily increasing year-over-year. Latent domestic demand was stimulated and drove the market, while exports remained stable despite rapid changes in the external environment. Both production and sales of New Energy Vehicles (NEVs: BEVs, PHEVs, FCEVs), in particular, continued to grow rapidly. On April 29, the Electric Vehicle Association of Thailand (EVAT) met with directors of the China ...
Market & Tech Reports Updated at: 2025/05/26
Auto Shanghai 2025: Japanese OEMs
Guangzhou 2024 motor show in November 2024. The company also announced that an additional investment of approximately JPY 200 billion will be made in the Chinese market by the end of 2026. Regarding its model launch plan, Nissan stated that it will launch ten NEV (New Energy Vehicle: BEV, PHEV, FCEV) models through the summer of 2027, nine of which will be Nissan branded. In addition to the two models announced above, Dongfeng Nissan Passenge...
Market & Tech Reports Updated at: 2025/05/07
Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (March 2025)
egrated into the U.S. supply chain, and while the full impact of the tariffs is unknown, they see an inevitable slowdown in global economic growth and negative impact on employment. Research Department, MarkLines Information Platform Division ------------------KeywordsElectric Vehicle, EV, PHEV, FCEV, HEV, NEV, Electric, China, USA, Japan, India, Germany, France, Brazil, UK, Korea, Canada, Italy, Thailand, Norway, Sweden, Finland ...
Market & Tech Reports Updated at: 2025/04/25