GlobalData Global Light Vehicle Sales Update (August 2025) Summary Commentary For August, the Global Light Vehicle (LV) selling rate was broadly in line with the previous month, at over 94 mn units/year. In year-on-year (YoY) terms, the market grew 4% as sales reached 7.2 mn units globally. YTD sales currently stand at 59 mn units, up 5% from the same period in 2024. Trade tensions have cooled, and key markets have seen growth in August. Despit...

Market & Tech Reports  Updated at: 2025/09/22

et in Jakarta. Aletra    Aletra, a subsidiary of PT. Sinar Armada Globalindo that develops electric vehicles, exhibited three vehicles in two models: the Aletra Aero Line and L8 EV. Aletra has introduced technology from Livan Auto, a brand under the Geely Group.   For the L8 EV, announced in 2024, the company aims for a local procurement rate of 40%. It is manufactured at the plant of PT Handal Indonesia Motor in Purwakarta. Aletra...

Market & Tech Reports  Updated at: 2025/09/19

July 2018) 4434 January 31, 2019 780 Manufacturing Power steering stopped due to defective ECU terminals and poor insulation.Manufactured between December 2018 and January 2019 Steering gearbox replacement Honda Civic (launched in September 2021), ZR-V (launched in November 2022) 5552 October 3, 2024 97,543 Development Gearbox, excessive press spring force.Produced between July 2021 and September 2024 Replaced with countermeasure spring. Mit...

Market & Tech Reports  Updated at: 2025/09/18

g on monthly sales trends through July 2025, and analyzes the products and sales strategies of the electrified vehicle (xEV) brands showing particularly notable growth: XPeng, Leapmotor, and Xiaomi. Sales trends of emerging Chinese EV brands in China (2023-2025) Through the first half of 2024   In the Chinese market, where NEVs (New Energy Vehicles: BEVs, PHVs, FCVs) continue to gain prominence, from the second half of 2022 until the ...

Market & Tech Reports  Updated at: 2025/09/17

tia, Slovakia, Slovenia, Luxembourg, Bulgaria, and Estonia.   Zhejiang Geely Holding Group Co., Ltd. (Geely) maintained the top spot in sales volume in Europe among Chinese OEMs, thanks to the contribution of the Volvo brand. However, the decline in the Russian market led to a 14.4% y/y decline in 2024. Chery Holding Group Co., Ltd. (Chery), which came in second place, also saw a 12.2% y/y decrease in sales volume. Although sales volume declined...

Market & Tech Reports  Updated at: 2025/09/16

of interest as a graph with a single click. In addition, detailed display and downloading are also supported. Overall trends   The number of patent applications was high at approximately 450 per year in 2020 and 2021, but has been on a downward trend since 2022.※ The number of applications from 2024 onwards is not reflected in the graph as there are still many that have not been made public at this time. Figure 1: Annual trends in the ...

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

ront-Lighting System): System for driving around curves. Horizontally adjustable beam headlights. ADB (Adaptive Driving Beam): System for high-beam driving. Automatic anti-glare headlights. AHB (Automatic High Beam): System for high-beam driving. Automatic low/high-beam switching headlights.   In 2024, the five major headlamp suppliers in the global market are Koito Manufacturing Co., Ltd. (Koito) and Stanley Electric Co., Ltd. (Stanley) in Jap...

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

GlobalData European Passenger Car Sales Update (August 2025) Summary Commentary For August 2025, the Western European PV market continued its trend of growth as registrations climbed 3% YoY, with a total of 677k units. That gain, however, comes off an already weak August 2024, leaving the month’s performance relatively modest. Overall, 2025 remains challenging for the sector: YTD sales are essentially flat versus a weak 2024, at 7.7 millio...

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

European Commission. The Commission then drafts the final restriction regulation. The process in theory (CLEPA Materials Regulations and Sustainability Event 2025 organized by CLEPA; Slide: © ACEA)   Regarding PFAS, the ECHA opinion was originally expected to be released in February 2024, but as of June 2025, the final opinion has still not been issued. The sheer volume and complexity of the proposal, along with the need to addres...

Market & Tech Reports  Updated at: 2025/09/04

ales volume, Honda aims to reduce the cost of its next-generation hybrid model by over 50% from 2018 and by over 30% from 2023.   Given that EV market growth has been slower than originally expected, Honda is postponing the "establishment of a comprehensive value chain in Canada" emphasized in its 2024 Business Briefing by about two years. However, it plans to increase investment in HEVs to strengthen its competitiveness by utilizing next-genera...

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

pe, the use of hydrogen in practical applications is being expanded to foster infrastructure development. The Gross Combined Weight (GCW) 40t commercial vehicle presented at the IAA (International Mobility Show Germany, in German known as the Internationale Automobil-Ausstellung) show at the end of 2024 is scheduled to start mass production by KEYOU GmbH, a major diesel engine hydrogen conversion company, at the beginning of 2026 (the 18t model i...

Market & Tech Reports  Updated at: 2025/09/01

em enables commercial BEVs to climb slopes, start, and achieve high speeds, while also allowing for a smaller motor.   In addition, the use of a torque converter enables the system to transmit power smoothly through a fluid, eliminating the shock that occurs when using a transmission.   In August 2024, EXEDY acquired the shares of Kawamata Seiki Co., Ltd., a Toshiba Group company that manufactures motors for industrial use and xEVs. The exhibit...

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

clean combustion; liquid at room temperature and pressure for easy transportation and storage; can be made from a wide variety of raw materials including coal, natural gas, biomass, coke oven gas, and carbon dioxide; and China's strong methanol production capacity, which reached 110 million tons in 2024.   With the development of electrification, China's oil consumption is gradually decreasing, and methanol has the potential to become a substitu...

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

ASEAN Vehicle Sales and Production Update (Q2 2025) 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 2024 Thailand BEV sales by OEM ASEAN News Topics (Q2 2025)   * An updated version of this ASEAN report will be released every quarter.  * Sales data for Thailand and Malaysia include revisions from past periods. ...

Market & Tech Reports  Updated at: 2025/08/28

as attracted investments worth INR 250 billion across the EV value chain, including battery and component manufacturing, OEMs, charging and testing infrastructure, and R&D, with another INR 150 billion planned. As per the Vahan data, the state has over 555 thousand electric vehicles. As of December 2024, the state has 5,765 EV public charging stations. The electric vehicle registration of the last five years is as below. Vehicle categor...

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

t increase over the previous month. Finland is in fourth place, up 4.4 points from the previous month to 51.3%, and the UK came in fifth, down 2.4 points from the previous month to 30.6%. Sales volumes of electric vehicles by country  (000 units) The table can be scrolled horizontally Maker 2024 2025 Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Jun. Jul. China 855 947 1,114 1,235 1,356 1,388 749 713 1,001 950 1,028 1,054 981 ...

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

high thermal stability.   Farasis Energy believes that the battery industry will eventually form a multi-technology coexistence structure encompassing liquid, semi-solid and all-solid-state batteries to address diverse application scenarios. The development trend of solid-state batteries begins in 2024 with the exploration and discussion of various electrolyte types (oxide, sulfide, etc.), followed by the construction of a series of pilot lines ...

Market & Tech Reports  Updated at: 2025/08/22

and tires. This is the world's first in a mass-produced vehicle. The steering wheel steering angle is as small as 150 degrees, and the tires are fully turned before the arms are completely crossed. It eliminates the need to turn the steering wheel around and around when parking. Chinese cars In 2024, Xiaomi (Xiaomi EV Technology Co., Ltd.) mass-produced 48V steer-by-wire in its high-performance SU7 vehicle. Steering ratio is adjustable from 5...

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

al of five EVS, including the Air ev, Binguo ev and Cloud ev. Additionally, a commercial vehicle model called the EV VAN was on display for the first time.   The EV VAN is Wuling's first electric commercial vehicle line in Indonesia. As reported at the press conference, commercial vehicle sales in 2024 were approximately 220,000 units, and the share of electric vehicles in the commercial vehicle market was only 0.1%. Of these, 67% are light-duty...

Market & Tech Reports  Updated at: 2025/08/20

t. Western Europe faced a weaker month across most major markets, though Germany saw its strongest PV market in over a year. North America US Light Vehicle sales grew by 8.6% YoY in July, to 1.40 mn units. There was one extra selling day in July 2025 as compared with July 2024, meaning that sales increased by 4.6% YoY on a selling day-adjusted basis. The annualized selling rate accelerated to 16.6 mn units/year in July,...

Market & Tech Reports  Updated at: 2025/08/20