sion. Part two will cover an outline of the plenary closing session. And part three will dive into a selection of technical lectures.   The opening plenary session underscored the global and multifaceted nature of the transformation of powertrain technologies, with speakers from China, Europe, and Korea emphasizing the need for diversified and resilient technology strategies. Speakers of the opening plenary session from left to right: Ni...

Market & Tech Reports  Updated at: 2026/05/29

59.3% decrease compared to the previous month, but a significant increase of 44.5% compared to the same month last year. In particular, Chery saw growth in both its BEV and PHEV models, while Hyundai Group’s HEV models, such as the Kia Sportage, continue to enjoy strong popularity.   While South Korea has historically had a large number of HEV sales, BEV sales also grew in 2025, and the upward trend in BEV sales is expected to accelerate furth...

Market & Tech Reports  Updated at: 2026/05/27

/year, the highest selling rate since January 2014. YTD, the market still sits lower than 2025 with a 1.1% decline. The April surge comes as the Motor Vehicle Tax (Environmental Performance Basis) has been discontinued, reducing the effective cost of vehicles, with specific benefits for NEV demand. Korean LV sales are estimated to have expanded 1.9% YoY with foreign brands leading the gains amidst domestic weakness. With the April selling rate fa...

Market & Tech Reports  Updated at: 2026/05/22

nt (March 20, 2026)https://www.marklines.com/en/news/341995 GigaDevice, Singapore, joins SOAFEE SIG (March 6, 2026)https://www.marklines.com/en/news/341313 ComfortDelGro Engineering launches EV-capable automotive center in Singapore (March 6, 2026)https://www.marklines.com/en/news/341284 NCS, South Korea’s Autonomous A2Z partner on autonomous mobility solutions in Singapore (March 5, 2026)https://www.marklines.com/en/news/341196 Singapore Motor...

Market & Tech Reports  Updated at: 2026/05/21

els. List of Hyundai Motor Group's main HEV models launched in the U.S. The table can be scrolled left and right OEM Model Segment HEVrelease date (U.S.) North American modelCountry of manufacture 2025 (U.S.) HEV sales volume HEV ratio by model Hyundai Sonata D Spring 2020(current model) Korea 21,000 35.4% Santa Fe SUV (Class D) Early 2024 (current model) U.S. 59,000 41.3% Elantra C End 2020 Korea 27,000 18.5% Tucson SUV (Class C...

Market & Tech Reports  Updated at: 2026/05/19

nt in Canada, while the TX, an E-segment SUV for the U.S., is produced at the Princeton Plant in Indiana. Lexus sales volumes by model (Top 5 models in 2025) The table can be scrolled left and right Model Segment Sales volume(2025) y/y Sales proportion by region Japan U.S. Canada China UK Korea 1 RX SUV (Class D) 193,000 -4.4% 9.0% 58.7% 5.6% 17.7% 0.8% 1.1% 2 ES E 184,000 0.6% 1.1% 21.7% 0.5% 64.7% 0.2% 3.7% 3 NX SUV (Class D) 17...

Market & Tech Reports  Updated at: 2026/05/12

y GmbH. The division has over 46 locations in 22 countries worldwide and has approximately 36,000 employees. In the future, options such as initial public offerings (IPOs) and sales are also being considered.   New market entrants include Austria-based iSi Automotive GmbH, established in 1995, and Korea-based SNT Motiv Co., Ltd., originally a defense equipment manufacturer, both of which mainly supply products to the Volkswagen Group. In recent ...

Market & Tech Reports  Updated at: 2026/05/07

83% spike in Japanese shipments to North America – despite the tariffs – as it attempts to rebuild dealer inventory and target 17% growth in US sales after a weak 2025. Renault also rebounded 11% globally due to the ramping up of new BEVs in Europe, combined with output recovering in Brazil and Korea after a low Q1 2025 – caused at the time by unfavorable exchange rates in the first country and plant upgrades aimed at future electrification...

Market & Tech Reports  Updated at: 2026/04/30

ecessary to closely monitor the future trends of each manufacturer and the changes in sales figures. Trends in xEV market share in 12 major countries and 3 Nordic countries Click on the legend buttons to display only the relevant data. Norway Sweden China Finland UK Germany France Thailand Korea USA Italy Canada Brazil Japan India *Data for Korea for the month is not shown because data on some HEV units could not be obtained. Copyright ...

Market & Tech Reports  Updated at: 2026/04/27

y Show 2025 in October 2025, with an automatic hydrogen filling robot deployed near the hydrogen filling port to demonstrate its operation.   The automatic hydrogen refueling robot on display was a BEV (battery electric vehicle) automatic charging system that has been put to practical use in South Korea and is currently undergoing demonstration testing in South Korea, modified for hydrogen refueling.   The system combines a hydrogen dispenser w...

Market & Tech Reports  Updated at: 2026/04/22

d weak consumer sentiment driving the decline is only expected to worsen in the coming months as GDP forecasts slide amid the global energy cost spikes, which Japan faces particular exposure to. YTD sales are down 3.3% against last year, with the PV market down a worse 5.3% than CVs 9.8% expansion. Korean LV sales expanded 9.5% YoY in March to 161k units, leaving the YTD growth rate up a strong 5.2% on last year with 400k sales in the opening qua...

Market & Tech Reports  Updated at: 2026/04/21

● High Downhill ● Regen ▲: occasional (Source: Both figures were created by MarkLines based on announcements by Aisin and Mitsubishi Motors Thailand) Hyundai Transys FWD 8-speed (VW designation AQ 451)The supplier of this automatic transmission is Hyundai Transys, based in South Korea, which is outside the scope of this report. However, since Volkswagen has introduced it exclusively for the Atlas at its Tennessee plant in the ...

Market & Tech Reports  Updated at: 2026/04/17

m 2.058 million units in 2020 to 2.689 million units in 2025. Growth has been particularly pronounced since 2023. European and German brands continue to dominate the market; sales of European brands rose from 611,000 to 910,000 units, demonstrating an extremely solid market foundation. Japanese and Korean brands have remained relatively stable, while U.S. brands have recovered to over 300,000 units following a sharp decline in 2021.   Chinese au...

Market & Tech Reports  Updated at: 2026/04/08

ngine cooling, air conditioning, and other cooling function parts. Looking at each region, in Europe, in addition to local Tier 1 suppliers such as Mahle Behr and Valeo, the OEMs also receive orders from prominent Tier 1 suppliers in each region. In North America, East Asian suppliers such as South Korea's Hanon and China's Sanhua are prominent. In China, BYD and Leapmotor rely on in-house suppliers, while other OEMs rely on Chinese domestic supp...

Market & Tech Reports  Updated at: 2026/03/30

X and Renault Clio increased, as did the HEV version of the VW T-Roc, which was launched in January. Trends in xEV market share in 12 major countries and 3 Nordic countries Click on the legend buttons to display only the relevant data. Norway Sweden China Finland UK Germany France Thailand Korea USA Italy Canada Brazil Japan India Copyright (C) MarkLines Co., Ltd. All rights reserved. *Data for Korea for the month is not shown becaus...

Market & Tech Reports  Updated at: 2026/03/27

y a lesser 2.5%. However, when looking at the average selling rates for this year, the picture worsens with a 4.2% decline. The persistent weakness in Japan has been driven by a weak economic backdrop as well as rising financing costs as the policy rate has risen to a decades-high in recent months. Korean LV sales fell 6.2% YoY in February after expanding 15.4% in January, with the first month of the year benefitting from an extra working day due...

Market & Tech Reports  Updated at: 2026/03/24

kes (EPB) in the rear brakes, which has been preceded by increased adoption of brakes from ZF, a long-established EPB manufacturer. Since then, however, EPBs have become a battleground, with AUMOVIO products being used in high volume applications such as the VW Golf. Brake calipers from HL Mando of Korea are doing well, and are used in some companies’ main models, including the BMW 320i, MINI Cooper, VW T-Roc, and Toyota Supra. Astemo calipers ...

Market & Tech Reports  Updated at: 2026/03/24

1 pre-production sedan (left) and the newly announced AFEELA Prototype 2026 SUV (right) AFEELA Prototype 2026 (exterior only)   This approximately 900-page report summarizes HMI trends in production vehicles based on surveys of around 100 models from Japan, Europe, the U.S., China, and Korea conducted at global motor shows and exhibitions by HMIpro Inc..     Although the interior of this pre-production vehicle has not undergone an...

Market & Tech Reports  Updated at: 2026/03/12

ment for electric powertrains and vehicle control, as well as V2X, charging infrastructure, and telematics-related work. 3-in-1 OBC/DCDC/BDU Electrification solutions display panel SolutionX Co., Ltd. (SolutionX): Electrification solutions (DC-DC converter) SolutionX, exhibiting at the Korea Pavilion, is a developer of power conversion solutions for electric vehicles, offering solutions such as OBCs (on-board chargers), converters fo...

Market & Tech Reports  Updated at: 2026/03/10

ich led to a sharp drop in new car sales in January and a significant decrease in the share of xEVs. Trends in xEV market share in 12 major countries and 3 Nordic countries Click on the legend buttons to display only the relevant data. Norway Sweden China Finland UK Germany France Thailand Korea USA Italy Canada Brazil Japan India Copyright (C) MarkLines Co., Ltd. All rights reserved. *Data for Korea for the month is not shown becaus...

Market & Tech Reports  Updated at: 2026/03/03