evelop overseas markets. Leapmotor will provide the LEAP 3.5 technology architecture and the two companies will jointly develop a Hongqi NEV model (code name G117). Mass production is planned from the second half of 2026. BEVs and range extender EVs will be developed. Target markets are Europe, the UK, Australia, New Zealand, and the Middle East.   Component-related projects   Over the past year, Leapmotor has developed an industrial chain for ...

Market & Tech Reports  Updated at: 2025/07/14

pplication sample for high-voltage componentsHigh-voltage components in harsh environments challenge display panel   Victrex Japan Inc.: Stator/rotor sleeves, winding insulation coating Display of stator sleeves and winding insulation coating Rotor sleeves   Victrex plc (Victrex) is a UK-based manufacturer specializing in PEEK (Polyether Ether Ketone) and PAEK (PolyArylEtherKetone) polymers, and at the expo they were showcasing 800V...

Market & Tech Reports  Updated at: 2025/07/11

, standing at 11.6 mn units/year, from the 10.9 mn units/year recorded the previous month. Overall, though, it has been a tough first half to 2025, with YTD sales down over 1%, on what is a weak base. Across the major five markets in the region, June was a mixed picture. Sales in both Spain and the UK grew well, YoY, though France, Germany and Italy were all lower (the latter two by double-digit percentages). The latest result reaffirms our view ...

Market & Tech Reports  Updated at: 2025/07/08

t the rate of growth has slowed.   This breakdown shows a trade-off between growth in North America and a decline in Europe, especially in Germany, resulting in the increase in China alone contributing to the overall increase. *11 major countries: China, USA, Japan, India, Germany, France, Brazil, UK, South Korea, Canada, Italy Comparison of BEV sales actuals in 14 countries in 2023 vs. 2024 Country 2024 2023 Difference Japan 40,230 68,459 -...

Market & Tech Reports  Updated at: 2025/07/08

d the 3 Nordic countries of Norway, Sweden, and Finland (15 countries in total) in May totaled 1.431 million units, growing steadily with a 7.6% increase over the previous month (m/m) and a 23.1% increase compared to the same month last year (y/y). Sales volumes increased in China, Germany, and the UK. The market share of electric vehicles in May was 26.6%. This reflects a 3.8 percentage point increase y/y and a 1.3 point increase m/m. Cumulative...

Market & Tech Reports  Updated at: 2025/06/25

to zero-emission freight transport by establishing around 170 locations with 400 charging points. This initiative will create the largest public charging network for heavy commercial vehicles in Germany, with 125 sites planned in the country alone. Additional locations will be built in Austria, the UK, Denmark, Italy, Poland, the Czech Republic, and Hungary. The charging stations will be strategically placed at MAN service bases, ensuring easy ac...

Market & Tech Reports  Updated at: 2025/06/20

. Ceramic substrate suppliers include NGK and Corning, and Nippon Steel Chemicals & Materials for metal substrates. Washcoat suppliers including joint ventures are the Japan-based companies N.E. Chemcat, Umicore Shokubai, Tokyo Roki, and Mitsui Mining and Smelting, as well as Johnson Matthey of the UK. Also, another supplier of washcoats would be the in-house capability of Nissan, although the annual production capacity is less than 100,000 units...

Market & Tech Reports  Updated at: 2025/06/19

r, inverter, and reducer. It has been made compact through technologies such as internal oil cooling, and can be installed in a wide range of vehicle classes.   In October 2024, Yamaha Motor Co., Ltd. announced its participation in Project V, an EV sports coupe project being developed by Caterham (UK: Caterham EVo Limited) for production and commercialization, and is scheduled to supply the e-Axle.   The motor was made in-house by Yamaha, but t...

Market & Tech Reports  Updated at: 2025/06/16

led to become the main production site for this battery. LG Energy Solution: The company started renovating its Ochang Plant in Korea at the beginning of 2021 and built a prototype line for 4680-type batteries. The company plans to begin trial production of the 4680 battery in Cheongju, Chungcheongbuk-do, in August 2024 and to achieve mass production by the end of that year. The first lot of 4680 batteries will be supplied directly to Tesla. EVE ...

Market & Tech Reports  Updated at: 2025/06/12

2% compared to the same period in 2024. The latest PV sales were 28% lower than May 2019’s volumes. While last month's growth is encouraging, sales are expected to remain sluggish due to prevailing uncertainty, which is impacting consumers' willingness to invest in durable goods such as PVs. The UK PV market improved last month as sales totalled 150k units, up nearly 2% YoY. Sales grew due to a rise in fleet and business registrations. Additio...

Market & Tech Reports  Updated at: 2025/06/09

  Looking at the trends for each Japanese OEM, Subaru and Mazda, which do not currently produce commercial vehicles, have the most models equipped with disc brakes. All Mazda models, with the exception of the Mazda 2, are equipped with four-wheel disc brakes.   On the other hand, Daihatsu and Suzuki, whose main production models are mini-vehicles and small cars in the B segment and below, have many models with drum brakes.   In between are To...

Market & Tech Reports  Updated at: 2025/05/29

countries of Norway, Sweden, and Finland (15 countries in total) totaled 1.341 million units in April, showing a 10.2% decrease compared to the previous month (m/m), but a significant 31.6% increase compared to the same month last year (y/y). In March, there was a seasonal increase in China and the UK, resulting in a decrease in April compared to the previous month, but compared to the same month last year, there continues to be a significant inc...

Market & Tech Reports  Updated at: 2025/05/26

7 intelligent perception units including a 192-line LiDAR, offering optional driver assistance features such as pilot-assisted driving from parking space to parking space and VPD (Valet Parking Driver). The top variant is equipped with a sound system (including 25 high-quality speakers) supplied by UK company Meridian Audio Limited.   Avatr 06 Avatr 06 interior   Deepal: Pre-orders begin for Deepal S09   Changan subsidiary, Deepal...

Market & Tech Reports  Updated at: 2025/05/20

Suzuki's Global Sales Exceed 3 Million Units, 4.2 Million Target for FY2030 Launch of e VITARA in India, increasing electric and CNG vehicles Summary New mid-term management plan, "By Your Side", for FY2025-2030 Major trends toward the introduction of electric and CNG vehicles Technology trends: Strengthening CNG business with a focus on carbon neutrality Indian market: Record high sales in 2024; Expanding sales lineup focusing on SUVs Japanese m...

Market & Tech Reports  Updated at: 2025/05/15

stood at 11.2 mn units/year, broadly in line with that of March. Sales volumes totalled 949k units, a 1.1% decline from April 2024. YTD sales now stand at just under 4 mn units, down 0.7% from the same period last year. Spain continued its strong run of results, while markets such as France and the UK faced declines. The story for the Western European PV market remains the same as last month. Global and regional economic headwinds, specifically U...

Market & Tech Reports  Updated at: 2025/05/09

% HondaAcura Total sales volume 1,604.8 1,608.2 1,346.8 1,466.6 983.5 1,308.2 1,423.9 Number of imported vehicles Total number 500.6 513.1 394.4 388.4 112.0 135.8 211.5 Japan 22.9 12.7 5.9 2.8 0.2 - - Canada 264.1 251.5 228.3 189.8 - - - Mexico 108.0 158.3 108.1 126.9 109.4 135.8 211.5 UK 104.6 90.6 52.1 68.9 2.4 - - Other/unknown 1.0 - - - - - - Percentage of imported vehicles 31.2% 31.9% 29.3% 26.5% 11.4% 10.4% 14.9% NissanIn...

Market & Tech Reports  Updated at: 2025/05/02

pressure on Brazilian consumers’ budgets, and therefore constrain vehicle purchases. A large proportion – approaching 50% in some months – of Brazilian sales come from the fleet channel, and therefore a decrease in investment and government consumption also bodes ill for vehicle sales in 2025.UKAlthough the UK LV markets ended 2024 in line with expectations, the deterioration in the macroeconomic picture has led us to lower the forecast for...

Market & Tech Reports  Updated at: 2025/04/30

r countries and the 3 Nordic countries of Norway, Sweden, and Finland (15 countries in total) totaled 1.490 million units in March, showing a 43.3% increase over the previous month (m/m), and a significant 33.4% increase compared to the same month last year (y/y). In countries such as China and the UK, overall new car sales saw significant growth due to seasonal factors, while in the United States, there was a rush in demand before the imposition...

Market & Tech Reports  Updated at: 2025/04/25

motive brands, including Aion, Audi, Aston Martin, BMW, BYD, Changan (Deepal / AVATR), Chery, Farizon, Ford, Denza, Geely, GWM, Honda, Hyundai, Isuzu, Juneyao, Jeep, Lexus, Maserati, Mazda, Mercedes-Benz, MG, MINI, Mitsubishi, Neta, Nissan, Omoda & Jaecoo, Peugeot, Porsche, Riddara, Rolls-Royce, Suzuki, Toyota, Volvo, XPeng, and Zeekr. Additionally, the two-wheeler segment will showcase BMW Motorrad, Harley-Davidson, Thai Honda, Kawasaki, Royal E...

Market & Tech Reports  Updated at: 2025/04/25

sions reduction, energy consumption reduction, and waste reduction. An increasing number of suppliers are turning to recycling airbag components, particularly airbag cushions.   In addition, some suppliers have announced their withdrawal from Russian operations following the outbreak of the war in Ukraine. 1) Airbag business Autoliv Inc. ▶ Recent activities Headquartered in Stockholm, Sweden, Autoliv Inc. (Autoliv) had sales of USD 10.390 bi...

Market & Tech Reports  Updated at: 2025/04/24