l (Electrified vehicles))   Looking at the top 10 best-selling electrified vehicles, Tesla Model Y BEV maintains the top position, but the rest of the top spots are dominated by HEV models from Japanese automakers, including the Toyota Camry, RAV4, and Sienna, and the Honda CR-V. Compared with 2023, sales volumes in 2025 show that HEV models have been on an upward trend. Top 10 xEV (HEV/MHEV/PHEV/BEV) models by sales volume in the U.S. (20...

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

hicles, one for the ODOT to collect data and the other used by Honda for debugging. Once a trip is completed, employees could use Honda’s dashboard to track road hazards or Parsons’ dashboard with hazard data integration to generate work repair orders. The program began system development in Q4 2023 and completed the field pilot in Q3 2025. Honda pilot project vehicle showcasing sensors used to detect road hazards (Source: Honda) Di...

Market & Tech Reports  Updated at: 2026/05/14

p’s two largest production bases, typically accounting for 75% of total regional output. Production in Japan serves both the domestic market and as a global export hub, while output in China mainly serves the domestic market.   Toyota Group recovered regional production to pre-pandemic levels in 2023. However, growth is slowing again and is expected to remain around 7 mn units in the longer term, reflecting the difficulty of achieving further ...

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

us the same period in 2025. BEV registrations surged 41% YoY in Q1 2026, fueled by retroactive purchase incentives and a growing influx of international brands. However, this policy-driven momentum faces a steep challenge as consumer confidence in Germany has plunged to its lowest level since early 2023. In April 2026, the Italian PV market posted a fifth consecutive month of growth, with sales up 11.6% YoY to 155k units (helped by an extra worki...

Market & Tech Reports  Updated at: 2026/05/08

otal shipments in the 2025 global semiconductor manufacturing equipment market. In 2024, it accounted for 45% of the total. Although the proportion has decreased slightly, shipments of semiconductor manufacturing equipment to China have remained the world's largest for three consecutive years since 2023. This is despite the fact that the export of state-of-the-art manufacturing equipment to China is prohibited. So, what kind of semiconductor prod...

Market & Tech Reports  Updated at: 2026/05/08

features include a full-color intelligent lighting projection system and V2V communication capabilities. AITO M9 Luxeed V9 - Collaboration with Chery   Luxeed, the high-end intelligent car brand jointly developed by Huawei and Chery, launched its first sedan, the Luxeed S7, in November 2023 and its first coupe SUV, the Luxeed R7, in September 2024. The company began accepting pre-orders for the new mid-to-large size MPV, the Luxeed V...

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

quired to be equipped with driver-side airbags, and all passenger cars produced from January 2022 onward will be required to be equipped with passenger-side airbags. A bill mandating the installation of a total of 6 airbags, including side airbags and curtain airbags, in passenger cars from October 2023 was submitted. However, due to a policy change to entrust it to “market mechanisms” described later, the mandatory requirement is currently b...

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

ppendix: List of Referenced Public Sources (URLs) India ARAI Automotive Industry Standard List (Listed under AIS-189/190):https://www.araiindia.com/certification/standardisation/ais India NFAP-2025 (DoT):https://dms.dot.gov.in/whatsnew/national-frequency-allocation-plan-2025 Indonesia Komdigi SE 9/2023: https://jdih.komdigi.go.id/produk_hukum/view/id/883/t/surat+edaran+menteri+komunikasi+dan+informatika+nomor+9+tahun+2023 Indonesia Komdigi Perme...

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

ned the dominant production hub, accounting for 71% of total output, followed by Japan at 24%, while Indonesia and Pakistan contributed 3% each, highlighting the group’s strong reliance on India for scale and cost efficiency. Global Light Vehicle Production Forecast by Group (top 10 groups)   2023 2024 2025 2026 2027 2028 Total 90,913,125 90,391,766 93,112,935 93,690,104 95,129,014 95,904,579 Toyota Group 11,334,961 10,530,949 11,212,35...

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

downside risks to the market through rising energy prices as well as broader inflation risks, threatening an economy already plagued by high savings and lower levels of consumption.   Global Light Vehicle Sales Forecast by Country (top 10 countries) The table can be scrolled left and right. 2023 2024 2025 2026 2027 2028 Total 86,847,997 88,771,486 92,036,178 92,352,076 93,234,828 93,962,427 China 25,236,335 25,483,303 26,923,040 27,25...

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

(German Pavilion) Toyota Motor Corporation ehibit JTEKT Corporation exhibit Toyota: Crown FCEV H2 Taxi; 3rd generation FC system (110 kW, 150 kW, 300 kW)   The Crown FCEV H2 Taxi exhibited by Toyota Motor Corporation (Toyota) is a taxi version of the Crown FCEV, which went on sale in November 2023. It is being introduced in projects with the Tokyo Metropolitan Government and Aichi Prefecture.   The Tokyo Metropolitan Government announced t...

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

ummarize each company's differentiation strategies in product lineup, management, and approach to intelligent systems, and will also briefly explain their status in overseas markets. Note: Overseas sales statistics are compiled based only on data from countries where available.   Between 2023 and 2025, the combined sales of the five emerging OEMs increased from 819,000 units to 2,172,000 units. Furthermore, the proportion of New Energy...

Market & Tech Reports  Updated at: 2026/04/20

cturers and OEM Supply Matrix II. Overall trends III. Activities of major AT manufacturers and in-house OEM manufacturing IV. List of AT manufacturing sites Aisin Corporation (Aisin) JATCO Ltd. (JATCO) ZF Friedrichshafen AG (ZF) Allison Transmission Holdings, Inc. (Allison) 2022 Analysis Report  2023 Analysis Report  2024 Analysis Report  2025 Analysis Report    Transmissions are a core component of a vehicle and are manufactured in-house ...

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

approximately 100 grams of sodium chloride, offering unique advantages such as a highly stable supply of raw materials, low cost, excellent low-temperature performance, and long-term stability.   As for high-energy-density batteries, the Condensed Battery, which was announced at the Auto Shanghai 2023 motor show, was on display. This battery combines high energy density with safety, achieving a maximum energy density of 500Wh/kg per cell. ...

Market & Tech Reports  Updated at: 2026/04/14

ient charging infrastructure is a contributing factor, and although the sales share of P/U-EVs rose to 6.1% in 2025, it remains at a low level compared to the 27.9% share of electric passenger cars. China's P/U-EV sales share trends (2022-2025) The table can be scrolled left and right 2022 2023 2024 2025 P/U-EV sales volume 3,000 8,000 8,000 17,000 P/U-EV sales share 0.9% 2.3% 2.8% 6.1% Total P/U sales volume 335,000 339,000 287,00...

Market & Tech Reports  Updated at: 2026/04/13

ctric motorcycles and electric scooters (YADEA)   Yadea Group Holdings Ltd. (Yadea) was founded in 2001 and is one of the world's largest manufacturers of electric mobility. The cumulative total sales through 2024 has exceeded 100 million units. The brand fully entered the Japanese market in April 2023.   On display was Yadea's flagship high-performance electric motorcycle, the “K5”. It was presented at the Milan Motorcycle Show in November...

Market & Tech Reports  Updated at: 2026/04/09

Camacari, Brazil (Source: BYD)   Currently, the South American automotive market as a whole is recovering. In 2020, sales figures were low in many countries due to the COVID pandemic, but the market has gradually recovered since then, and the growth trend has been particularly pronounced from 2023 onwards. Although there are significant differences in market size within the region, Brazil remains South America’s largest automotive market....

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

nt. The performance of the electric two-wheeler segment over the last few years is as follows. Sales of Electric two-wheeler in India The table can be scrolled left and right. Fiscal year Sales YoY Change FY 2020-21 44,803 66.9% FY 2021-22 252,642 463.9% FY 2022-23 780,160 208.8% FY 2023-24 1,032,560 32.4% FY 2024-25 1,210,965 17.3% (Source: Created by MarkLines based on various press releases, Vahan data base, SIAM, Telanga...

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

la GmbH & Co. KGaA (FORVIA Hella) announced the completion of the sale of their 50/50 joint venture, Behr-Hella Thermocontrol (BHTC), to AUO Corporation. Headquartered in Lipppstadt, Germany, BHTC is a leading supplier of climate control and HMI (Human-Machine-Interface) system solutions. In August 2023, Mahle held in Munich the world premiere of its new battery cooling plate at IAA Mobility 2023 in Munich, Germany, September 4 to September 10. T...

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

Requirements and schedule of the EU Battery Regulation Businesses subject to the EU Battery Regulation Latest developments and future prospects of EU Battery Regulation - Notified Body certification status   The European Battery Regulation (EU Battery Regulation), which came into effect in August 2023, is a stringent regulation that requires manufacturers to meet sustainability requirements across the entire lifecycle—from raw material procur...

Market & Tech Reports  Updated at: 2026/03/25