x-passenger flagship SUV, the Fulwin T11, and the fully redesigned BEV compact car, the QQ3, were also unveiled at the same time. Fulwin T9L   The Fulwin T9L, scheduled for release in the first quarter (Q1) of 2026, is a new full-sized five-passenger SUV. This model had its world premiere at the 2024 Beijing Motor Show as the concept model Fulwin E06.   The vehicle measures 4,870mm in length, 1,930mm in width, and 1,710mm in height; the wheel...

Market & Tech Reports  Updated at: 2025/12/16

ct (commonly known as the New Truck Act), which was passed by the upper house of the Japanese Diet in June 2025, was introduced by the Japanese Ministry of Land, Infrastructure, Transport and Tourism in response to strong requests from the transportation industry, which was in turmoil due to the “2024 Problem” (a collective term for the challenges facing the entire Japanese logistics and transportation industry). Once enacted, it is expected ...

Market & Tech Reports  Updated at: 2025/12/16

ch as displays and IT. The design of cockpits, centered on IVI displays and meters, is also changing significantly in the Japanese market, and last year's Cockpit Report (Japanese Market) summarized the cockpit features of Japanese cars in the most recent three years (2022 to the first half (H1) of 2024). However, compared to changes in cars overseas, especially in China and Europe, the speed of change in the Japanese market has been somewhat slo...

Market & Tech Reports  Updated at: 2025/12/15

motor industry continues to show strong growth, and the NEV (New Energy Vehicle: BEV, PHEV, FCEV) market is at an important turning point from rapid expansion to quality development.   Market size and penetration rates are expanding and increasing significantly. The number of NEVs sold in China in 2024 was approximately 12.88 million units, with a market penetration rate of approximately 40.9%. In 2025, NEV sales are expected to surpass 14.9 mil...

Market & Tech Reports  Updated at: 2025/12/11

, Machinery and Tools area of the Japan Mobility Show 2025 (JMS 2025). Honda CR-V e:FCEV and FC stack Niterra booth Toyota Industries booth Honda: CR-V FCEV, FC stack   The Honda CR-V e:FCEV is a fuel cell vehicle with plug-in functionality that has been available for lease since July 2024. It has a hydrogen range of approximately 621km on a single fill-up and an electric range of approximately 61km on a single charge.   By adoptin...

Market & Tech Reports  Updated at: 2025/12/11

GlobalData European Passenger Car Sales Update (November 2025) Summary Commentary For November 2025, the Western European PV market grew for a fifth consecutive month. Sales were up nearly 2% YoY, with a total of circa 950k units. YTD sales are up over 1% compared to the same period in 2024, at 10.7 mn units. Supported by the recent positive results, GlobalData now expects 2025 will eclipse 2024 by 1%. Across the five largest Western European m...

Market & Tech Reports  Updated at: 2025/12/10

en covering; such configuration started to be widely used in Toyota hybrids from around 2012. Increase in the number of MHV (mild hybrid) vehicles   While sales of electric vehicles (BEVs) in Europe have stagnated, the market share of hybrid vehicles (including mild hybrids) in the first half of 2024 rose to 29.9% from 25.8% the previous year. Furthermore, the share of hybrid vehicles for the full year 2024 was 31%. These hybrid vehicles are m...

Market & Tech Reports  Updated at: 2025/12/09

98 ◎ ○Toyota HV ○ ｘ ▲Suzuki Americas 18.5 million units 3 97 ○Japanese vehicles △Toyota HV ◎ ○European vehicles Europe 15.0 million units 60 40 ｘ △Toyota HV ◎ ◎ China 27.0 million units 5 95 ○Japanese vehicles △Toyota HV ◎ ◎European vehicles [Figure 1. 2024 actual（Created by MarkLines)] 1. History of Mechanical CVT History of CVTs: Born in the Netherlands, raised in Japan [Figure 2. History of C...

Market & Tech Reports  Updated at: 2025/12/08

Z dating from 2022. For vehicles with a combustion engine, on the other hand, the probability is put at 0.153 %. GETTING LEFT BEHIND What do seem to pose a risk, however, are the strategies of the German battery industry - including the measures proposed by politicians. According to a resolution in 2024, funding for battery research has been cut to almost zero. This represents a major threat to the international competitiveness of German companie...

Market & Tech Reports  Updated at: 2025/12/05

dard EQS battery. Further weight and energy efficiency is achieved through passive battery cooling. Performance and Road Testing  The prototype solid-state battery has achieved energy densities starting at 400 Wh/kg, with current iterations reaching up to 450 Wh/kg. Lab testing began at the end of 2024, followed by on-road testing in early 2025.  In August, Mercedes-Benz successfully completed its first long-distance drive using a lithium-metal...

Market & Tech Reports  Updated at: 2025/12/02

ation, this would be equivalent to the energy needed to power 400 passenger cars. At this point, passenger cars and heavy-duty trucks will each account for half of society's total electricity consumption. The electricity consumption ratio of electric heavy-duty trucks is expected to rise from 1% in 2024 to 3-5% by 2030.   Meanwhile, renewable energy capacity is expected to surpass that of thermal power generation in 2024, with wind and solar pow...

Market & Tech Reports  Updated at: 2025/12/02

hydrogen. Note that the definition of eFuel is "RFNBO: Renewable Fuels of Non-Biological Origin," which excludes biofuels.   Another measure to achieve net-zero greenhouse gas emissions by 2050, the enhanced EU Batteries Regulation*, entered into force in August 2023 and was applied from February 2024. This regulation applies to all businesses distributing batteries in the EU, and applies to all batteries used within the EU. Failure to comply w...

Market & Tech Reports  Updated at: 2025/12/01

s have reached iM-3,and 5% of companies have reached iM-4. 15% of companies have reached the smart manufacturing development level iM-2,45% of companies have reached iM-3,and 40% of companies have reached iM-4. Mass Improve reliability and safety of automotive products by at least 20% compared to 2024 →More than 40% improvement compared to 2024 →More than 60% improvement compared to 2024 Efficiency The productivity rate of all workers in ...

Market & Tech Reports  Updated at: 2025/11/27

.1 points from the previous month. Finland was in fourth place, down 3.7 points from the previous month to 49.3%, and the UK came in fifth, up 2.3 points from the previous month to 34.5%. Sales volumes of electric vehicles by country  (000 units) The table can be scrolled horizontally Maker 2024 2025 Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. China 1,238 1,356 1,388 749 713 1,001 950 1,028 1,054 981 1,103 1,297 1,...

Market & Tech Reports  Updated at: 2025/11/26

Thailand BEV sales by OEM ASEAN News Topics (Q3 2025)   * An updated version of this ASEAN report will be released every quarter.  * Sales data for Thailand, Malaysia and Vietnam include revisions from past periods. 2025 Q3 ASEAN Countries Sales Comparison (units) Country Sep. 2025 Sep. 2024 Y-o-Y Jul.-Sep.2025 Jul.-Sep.2024 Y-o-Y Jan.-Sep.2025 Jan.-Sep.2024 Y-o-Y Thailand 48,350 39,048 23.8% 145,074 130,632 11.1% 447,969 438,659 2....

Market & Tech Reports  Updated at: 2025/11/25

2025. Sealion 6 DM-i   The DM-i platform was also on display at the Show. DM-i Platform Japanese debut of Yangwang U9   The U9 hypercar from BYD's top-of-the-line Yangwang brand was exhibited for the first time in Japan. This model, which was unveiled in China in February 2024, is equipped with the proprietary e4 platform and the DiSus-X intelligent vehicle control system to achieve high driving stability and control pe...

Market & Tech Reports  Updated at: 2025/11/21

cle (LV) selling rate saw its second strongest month of the year, with 96 mn units/year, fractionally behind the August result. In year-on-year (YoY) terms, the market grew 3% as sales reached 8.2 mn units globally. Year-to-date (YTD), 75 mn vehicles have been sold, up 5% from the same period in 2024. The key markets of the US, Western Europe, and China experienced mixed results. In the US, sales saw a notable decline due to the removal of EV ...

Market & Tech Reports  Updated at: 2025/11/21

xle with a motor, inverter, and reducer integrated into one structure, with a power supply voltage of 350V to 800V and a maximum output of 200kW to 450kW. It has been made compact using technologies such as internal oil cooling, and can be installed in a wide range of vehicle classes.   In October 2024, Yamaha announced its participation in Project V, an EV sports coupe project being developed by Caterham (UK: Caterham Evo Limited) with the aim ...

Market & Tech Reports  Updated at: 2025/11/21

Indian market 5-year forecast: New car sales to exceed 6 mn units in 2030 Passenger car market analysis: segment structure, sales volume by OEM Summary GlobalData Sales Forecast: India’s light vehicle sales to exceed 6 million units in 2030 2025 and medium-term trends in the passenger car market Reduction in GST for the automotive sector Passenger cars segment performance in 2024 Passenger car market segment structure OEM analysis of passenger ...

Market & Tech Reports  Updated at: 2025/11/20

instrument panel. The freestanding MMI panorama display in the new Audi A5 also features a curved design and OLED technology. It consists of the Audi virtual cockpit with a visible screen diagonal of 11.9 inches and a 14.5-inch MMI touch display. Mercedes EQS (2021/April) Type 6 Audi A5 (2024/November) Type 5-1 Mercedes EQS MBUX Hyperscreen, supplied by LG Electronics Inc. (Photo: Copyright © Marklines Co.,Ltd.) Audi A5 MMI panorami...

Market & Tech Reports  Updated at: 2025/11/20