e situation in Japan: Many Japanese automakers have been adopting CVTs (continuously variable transmissions) as a way to improve fuel efficiency, which has resulted in a significant decline in the use of ATs. The ratio of ATs to total sales of passenger cars and light commercial vehicles was 15% in 2023, but declined further to around 11% in 2024, mainly being replaced by CVTs.   Following Daihatsu Motor Co., Ltd.’s (Daihatsu) lead, Suzuki Mot...

Market & Tech Reports  Updated at: 2025/04/15

(1) Policies and Market Overview (Jul. 2024) Indian two-wheeler production and plant capacity analysis (Jun. 2024) Bharat Mobility Global Expo 2024 (2) Two-wheelers in India (Mar. 2024) Investment in India: OEMs, Two-wheelers, and Suppliers (Feb. 2024) Categorization of Electric Motorcycles (Aug. 2023)Indian Electric Two-wheelers: 64 companies (Apr. 2022)   Electric two-wheeler OEMs in India >>> Click here for the list of 78 electric two-wheel...

Market & Tech Reports  Updated at: 2024/10/16

ASEAN (2) Increase in Chinese car production Sales in Thai and Indonesian markets decline, electric vehicles grow Summary ASEAN vehicle production: Four major countries produce 4.1 million units in 2023, down 1% from 2022 Thailand and Indonesia export 1.12 million and 510,000 vehicles, respectively, in 2023 ASEAN new vehicle sales in six major countries decline 0.7% to 3.4 million units in 2023 Sales Forecast by GlobalData: ASEAN sales to grow to...

Market & Tech Reports  Updated at: 2024/10/02

Nissan: New business plan "The Arc," cutting cost of next-generation EVs by 30% Mitsubishi rolls out new models such as Triton from ASEAN to global markets Summary Nissan: Announced new business plan "The Arc” "The Arc" mid-term initiatives (FY2024 - FY2026) "The Arc" mid- to long-term initiatives (- FY2030) Nissan's business performance: Net sales of JPY 13.6 trillion (up 7.2%) and operating income of JPY 600 billion (up 5.5%) are projected fo...

Market & Tech Reports  Updated at: 2024/05/28

e:N1, Isuzu D-Max EV Concept, Toyota Hilux Revo BEV Concept, Neta V-II, Xpeng G6, Zeekr X, and electrified models such as GWM Poer Sahar HEV, Suzuki XL7 HEV, etc.   GPI expected that the number of visitors and vehicle reservations at this show will both increase around 15%-20% from the 44th BIMS (2023). 45th BIMS Entrance 45th BIMS Venue   Related reports: Bangkok International Motor Show 2024 (1) Chinese OEMs (Apr. 2024) Thailand: ...

Market & Tech Reports  Updated at: 2024/04/26

Thailand International Motor Expo 2023 (2) Pickup trucks lineup and electrified vehicles from Japanese OEMs Summary NEX Point: MINE BEV Pickup truck Toyota: All-new Hilux Champ pickup Mitsubishi: All-new Triton pickup Isuzu: MU-X PPV and D-Max V-Cross pickup Ford: Ranger Raptor pickup Jeep and Maserati models Tata: Super Ace truck Lexus: RX 500h F SPORT Performance HEV Honda: Accord e:HEV and lineup of e:HEV models Nissan: Kicks e-POWER Suzuki: S...

Market & Tech Reports  Updated at: 2023/12/27

Thailand International Motor Expo 2023 (1) BEVs from Chinese OEMs, Tesla, Hyundai, European OEMs Summary Neta: NETA V electric city EV, NETA GT Speedster, NETA GT, NETA X Great Wall Motor: ORA 07 BEV, TANK 300 HEV Changan: Deepal L07, Deepal S07 GAC AION: AION Y Plus 490 Premium, AION ES SAIC Motor - MG Cyberster, IM LS 6 BEVs Wuling: Air EV, Baojun Yep, Mini EV Convertible BYD: Yangwang U8, Denza N7 Tesla: Model 3 Long Range and Model Y Perform...

Market & Tech Reports  Updated at: 2023/12/27

Japan Mobility Show 2023: Trends in HMI New proposals for cockpits, interiors, lamps, and more Summary HMI of concept cars (Lexus, Toyota, Honda, Daihatsu, THK) HMI for production and planned production vehicles (BYD, Honda, Mitsubishi, Suzuki) Suppliers’ HMI exhibits (Yazaki Corporation; Ichikoh Industries, Ltd.; Koito Manufacturing Co., Ltd.) Venue (Tokyo Big Sight)   Just as the Frankfurt Motor Show, a historic European motor show,...

Market & Tech Reports  Updated at: 2023/11/20

ASEAN Vehicle Sales and Production Update (Q3 2023) ASEAN Countries Automotive News Top Rank Topics Summary Vehicle Sales Volume by Country Vehicle Production Volume by Country Commentary on Sales and Production Volume, January- September 2023 Thailand BEV sales by OEM ASEAN News Topics (Q3 2023)   * An updated version of this ASEAN report will be released every quarter.   Related reports:Global Motorcycle Production and Sales: Overview of Ind...

Market & Tech Reports  Updated at: 2023/11/15

ASEAN Vehicle Sales and Production Update (Q2 2023) ASEAN Countries Automotive News Top Rank Topics Summary Vehicle Sales Volume by Country Vehicle Production Volume by Country Commentary on Sales and Production Volume, January- June 2023 Thailand BEV sales by OEM ASEAN News Topics (Q2 2023)   * An updated version of this ASEAN report will be released every quarter.   Related reports:ASEAN (2): Production and sales recovering to pre-pandemic l...

Market & Tech Reports  Updated at: 2023/08/21

ASEAN Vehicle Sales and Production Update (Q1 2023) ASEAN Countries Automotive News Top Rank Topics Summary Vehicle Sales Volume by Country Vehicle Production Volume by Country Commentary on Sales and Production Volume, January - March 2023 ASEAN News Topics (Q1 2023)   * An updated version of this ASEAN report will be released every quarter. (Source: MarkLines Vehicle Sales Data based on statistical data from the automobile associations ...

Market & Tech Reports  Updated at: 2023/05/17

Bangkok International Motor Show 2023 (2): Colorful Experience Flagship models from Japanese manufacturers, SUVs and pickup trucks lineup Summary Toyota: Hilux Revo BEV Concept, LPG HEV Taxi Concept, Prius HEV Concept, Corolla Cross Hydrogen Concept, bZ4X Lexus RZ 450e Mazda: MX-30, Mazda2, Mazda3 Carbon Edition, CX-Series, BT-50 pickup truck Honda: 6th-gen CR-V, all-new WR-V 5-seater SUV, Civic Type R Nissan: Kicks e-POWER, Terra Sport, Leaf V2H...

Market & Tech Reports  Updated at: 2023/04/11

Lexus: RX450h+ PHEV Suzuki: Ertiga Smart Hybrid Honda: SUV e:Prototype BEV concept, and e:HEV lineup Subaru: Forester SUV with EyeSight 4.0 Mazda: 4 special models under the name of Carbon Edition Nissan: 70th-Anniversary limited edition models, and Navara PRO-4X pickup truck Mitsubishi: Ralliart's Triton pickup truck and new Pajero Sport SUV Isuzu: D-MAX MAGIC EYEs with ADAS and 3D Imaging Stereo Camera Ford: Ranger and Everest next-generation m...

Market & Tech Reports  Updated at: 2022/12/21

s for the next 10 years.   Progress of Nissan's structural reform plan Nissan NEXT (announced on May 28, 2020) Optimization ・Production capacity: 2 plants closed. Changed the production system from 3-shift to 2-shift.・ Product lineup: Scaling back from 69 models to 55 models by the end of FY2023.・ Sales and marketing: reduced costs.・ General and administrative expenses: Changed the regional structure from seven to four regions (Americ...

Market & Tech Reports  Updated at: 2021/12/22

o), as the show organizer sees the Motor Expo as an event that motor vehicle lovers look forward to, getting together to interact and exchange ideas in a lively atmosphere filled with enjoyment.   Spotlighted models at this year event include models such as the MG Cyberster Concept BEV, Mitsubishi Triton Ralliart and Pajero Sport Ralliart, Mercedes-Benz EQS, BMW iX and iX3, Haval H6 PHEV, Haval Jolion HEV, TANK 500 HEV, Ora Good Cat EV, Toyota C...

Market & Tech Reports  Updated at: 2021/12/13

tires in the North American market. In addition, the existing equipment at the plants in Thailand and Miyazaki, Japan will be replaced with production equipment for SUVs and light trucks. The Sumitomo Rubber (Thailand) Co., Ltd. plant in Rayong Province, Thailand will produce 4,150 units per day by 2023 and Miyazaki Plant will produce 1,600 units per day by 2024 to support the expansion of sales in North America. The total investment for both loc...

Market & Tech Reports  Updated at: 2021/11/18

ery exchange stations for EV bikes used by cabs and delivery companies Target for battery production Phase 1: 2021-2022. As the period facing imminent changes, the government will support testing to promote the spread of electric motorcycles and the development of its infrastructure. Phase 2: 2023-2025. Battery production to meet the domestic production of EVs. The target for EV production by 2025 is 225,000 cars and pickups, 360,000 motorc...

Market & Tech Reports  Updated at: 2021/11/11

Indonesia: Battery production for 400k EVs in 2025; state and private enterprise collaboration Luxury tax cut to boost domestic demand, exemptions extended to the end of 2021 Summary Electrification policies: Starting production of EV battery cells in 2023 Indonesian government: Extending luxury tax break period Market trends: Sales volume for Jan.-Jul. 2021 rose 61% due to luxury sales tax breaks Export trends: Jan.-Jul. 2021 exports increase 38...

Market & Tech Reports  Updated at: 2021/10/20

which will be engaged in research and development in areas including brake-related electronics, steering, safety systems, new energy vehicles, and driverless vehicles. This R&D center will be ZF's third R&D center in China and the first in South China. The center is scheduled to start operations in 2023, and the investment amount is expected to be about CNY 700 million. In September 2017, the company announced that its electric parking brakes (EP...

Market & Tech Reports  Updated at: 2021/03/10

production investment plans approved by BOI (September 2019-June 2020) Toyota The BOI approved Toyota’s production plans for EVs and PHVs on January 7, 2020. The company will invest in and equip its existing plant in Chachoengsao province to produce EVs and PHVs and begin production by January 2023. The amount of investment has not been disclosed. Mitsubishi Motors On April 13, 2020, the BOI approved Mitsubishi Motors’ production plans f...

Market & Tech Reports  Updated at: 2020/10/02