strategy, which focuses on businesses related to electrified vehicles. In the previous year, Honda had set a target of 30% EV/BEV (battery electric vehicle) sales ratio and 2 million EV production units by FY2030 with the introduction of the Honda 0 (Honda Zero) Series EV, scheduled to be launched globally from 2026. However, in light of changes in environmental regulations and the prospect that the expansion of the electrified vehicle (xEV) mar...

Market & Tech Reports  Updated at: 2025/09/03

dustry and Information Technology (MIIT) is actively promoting the widespread use and application of methanol vehicles to meet the challenges of China's energy structure and carbon emissions. China's energy structure relies heavily on coal, and it is dependent on imports for oil and natural gas. In 2023, import dependency on oil and natural gas reached 72.9% and 42%, respectively, increasing pressure on energy security and keeping carbon emission...

Market & Tech Reports  Updated at: 2025/08/29

Investments in India: Toyota and Volvo's plans in Karnataka Clean Mobility Policy 2025-2030 and Invest Karnataka 2025 Summary Automotive industry in Karnataka state Clean Mobility Policy 2025-2030 Invest Karnataka 2025 - Global Investors Meet (GIM) Automotive OEMs Auto component suppliers Other notable agreements   Karnataka is one of the biggest industrial states in India. The state is a leader in technology, R&D, and industrial sectors such as...

Market & Tech Reports  Updated at: 2025/08/27

h, but sales increased y/y in most countries. The United States and Germany saw increases both month-over-month and year-over-year. Germany, in particular, showed a steady increase of 66.1% y/y to 75,000 units, although only a 4.0% increase month-over-month. This is exceeding the level seen in late 2023 before the EV credit was discontinued, indicating that Germany's EV market is on the rise again. Total sales volume / share of BEVs and PHVs in...

Market & Tech Reports  Updated at: 2025/08/26

Analysis Report: Power Steering (U.S. and European Markets) Adoption of electric power steering in heavy-duty commercial vehicles trending List of Suppliers I. Introduction II. Power steering components overview Ⅲ. Overview of major power steering suppliers IV. Global facilities of major power steering suppliers V. List of power steering suppliers and their major customers (U.S. and European OEMs, excluding commercial vehicles) VI. Installation...

Market & Tech Reports  Updated at: 2025/08/21

ydrogen tank and hydrogen filling port Display panel: Demonstration test overview Six high-pressure hydrogen tanks are mounted behind the seats and under the floor. There are two hydrogen filling ports, and twin filling takes about 15 minutes. Demonstration testing has been underway since May 2023. The trucks are used in the actual transportation operations of each company to collect information from operational and vehicle development pers...

Market & Tech Reports  Updated at: 2025/08/14

and Immersive Journeys (Cinemo) Seatbelt as an HMI (Autoliv) Improving the Sustainability of LED Backlights with Air-Based Light-Guides (FORVIA) Touched by Touching Tangibles - Adaptive Haptic Controls (Bosch)   The annual Car.HMI Europe conference, organized by the German event provider we.CONECT Global Leaders, was held for the 14th time in Berlin from June 15th to 17th 2025. Like last year, it was co-located with the InCabin Sensing conferenc...

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

(Mobilize), and the circular economy (The Future is NEUTRAL).   On December 9, 2024, the Renault Group announced how far the Group will still have to go to achieve its goal of being net zero-carbon in Europe by 2040 and worldwide by 2050. The Group reduced its CO2 emissions by 28% between 2010 and 2023. It is advancing electrification to reach a goal of cutting CO2 emissions by 35% by 2030.   In its EV strategy, the Group collaborates with Ampe...

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

Analysis Report: Seat (U.S. and European Markets) Developing recyclable materials for a sustainable society List of Suppliers Introduction Ⅱ. Global expansion of major seat suppliers III. List of major seat suppliers by OEM (European and U.S. production) IV. List of components by supplier, OEM, and model (European and U.S. production) Ⅴ. Sales figures of major seat suppliers Supplier global footprint (Detail) Adient Lear FORVIA Magna Seatin...

Market & Tech Reports  Updated at: 2025/08/06

nts and important themes in the automotive industry.   This report covers some of the intelligent driving-related topics presented by guest speakers from Horizon Robotics (Beijing Horizon Robotics Technology R&D Co., Ltd.) and Huawei (Huawei Technologies Co., Ltd.) at the conference forum, the 7th Global Auto Technology Leadership Summit, and the thematic presentation sessions.   Horizon primarily described its views on the latest trends in the...

Market & Tech Reports  Updated at: 2025/08/05

production basis will be produced in Taiwan, with sales to the Oceania region scheduled to begin in the second half (H2) of 2026.   In its new mid-term plan "Challenge 2025," MMC clearly states that it will launch a total of 16 models (including 9 electrified vehicles) in the five years beginning 2023. The company has already launched the Minicab EV in 2023, the Xpander HEV in 2024, and the Xforce HEV in 2025. The latest model of the Outlander ...

Market & Tech Reports  Updated at: 2025/07/30

Global Top 10 OEMs Production Forecast (Q2 2025) Global production to reach 91.0M units in 2025, 91.4M units in 2026 Summary Commentary by GlobalData ⋆An updated version of this forecast report will be released every quarter -According to a report by GlobalData as of Q2 2025, global light vehicle production in 2025 is estimated to increase by 0.6% YoY to 91.0 mn.-The implementation of the new 25% US auto and auto-part tariffs has undermined our...

Market & Tech Reports  Updated at: 2025/07/28

Global Top 10 Countries Sales Forecast (Q2 2025) Global sales to increase 1.3% to 89.9M units in 2025, downward revision from previous forecast Summary Commentary by GlobalData ⋆An updated version of this forecast report will be released every quarter -According to a report by GlobalData as of Q2 2025, global light vehicle sales are forecast to increase by 1.3% YoY to 89.9 mn.-The latest update to the Global Light Vehicle (LV) market forecast h...

Market & Tech Reports  Updated at: 2025/07/28

duction expansion for the fourth consecutive year, concerns over impact of U.S. tariffs Hyundai/Kia Group: Production of SUVs for the U.S. market transferred to the U.S. plant Chinese manufacturers: Tension in U.S.-China relations creates headwinds for new entrants Tesla, BYD, and Hon Hai (Foxconn) GlobalData Production Forecast: Mexico light vehicle production expected to be 3.56 million units in 2028 Mexico light vehicle production and ex...

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

l rights reserved) Related reports:Vienna Motor Symposium 2025 (1) Reaching zero carbon mobility emission (Jun. 2025)CTI Symposium 2024: Transition towards Sustainable Mobility (Feb. 2025)IAA Transportation 2024: Premiere of BEV Trucks (Dec. 2024)33rd Aachen Colloquium Sustainable Mobility (Dec. 2023)Vienna Motor Symposium 2024 (3) Rise of SDVs, Electric Powertrains (Jul. 2024)Vienna Motor Symposium 2024 (2) Powertrain of the future (Jun. 2024...

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

h 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 -28,229 58.8% Korea 143,436 138,947 4,489 103.2% India 92,056 104,393 -12,337 8...

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

nd is available at: https://ir.pony.ai/static-files/1a05b7da-8302-41d1-8800-d4ce7b1485e2.   There are multiple versions of the IPO filing. I used this version that was published on November 27, 2024. It has 343 pages and included summary forecast data on both robotaxis and robotrucks for China and global market to 2035. It is available at: https://ir.pony.ai/static-files/511f2bca-b981-4287-87b8-4fabca618bbf   Material from: Egil Juliussen [Tech...

Market & Tech Reports  Updated at: 2025/07/03

parts suppliers in terms of sales (comparing the sales of each company's automotive businesses in U.S. dollars). The top five companies are Bosch, Denso, Magna, Hyundai Mobis, and ZF, in that order.   The top 5 automotive components suppliers by revenue in FY2024   Related reports: Top 30 global automotive parts supplier rankings for FY 2023 (Jul. 2024) Top 30 global automotive parts supplier rankings for FY 2022 (Jun. 2023)Top 30 globa...

Market & Tech Reports  Updated at: 2025/07/02

oration (TTDC), and reports on recent technology topics surrounding the auto industry. The two business areas of TTDC are intellectual property (IP) and measurement control solutions. The IP side of TTDC is involved in the collection and analysis of information on automotive technology developments globally, and provides services such as consulting for research planning, applying for patents in foreign languages, and technical translation.   In ...

Market & Tech Reports  Updated at: 2025/06/30

s) Recycling-related technologies (Toyota) DX-related technologies (Toyota)   The Toyota Business Fair (sponsored by Toyota City and the Toyota City Chamber of Commerce and Industry) was held at Sky Hall Toyota on May 22 and 23. This Business Fair has been held since FY2009 in part to overcome the global economic recession caused by the Lehman Brothers collapse in 2008. The event is a comprehensive exhibition with displays from a wide range of b...

Market & Tech Reports  Updated at: 2025/06/24